401(k) vs after-tax accounts


 

401(k) SPY
salary contribution match 401(k) pocket taxable income tax rate tax paid contribution SPY pocket taxable income tax rate tax paid diff in taxes
age year 8% 3% 8% 11%
30 2018 $60,000.00 $4,800.00 $1,800.00 $7,128.00 $51,836.88 $31,200.00 12.00% $3,363.12 $6,600.00 $7,128.00 $49,460.88 $36,000.00 12.00% $3,939.12
31 2019 $61,800.00 $4,944.00 $1,854.00 $15,040.08 $53,294.16 $32,856.00 12.00% $3,561.84 $6,798.00 $15,040.08 $50,846.88 $37,800.00 12.00% $4,155.12
32 2020 $63,654.00 $5,092.32 $1,909.62 $23,805.38 $54,795.16 $34,561.68 12.00% $3,766.52 $7,001.94 $23,805.38 $52,274.46 $39,654.00 12.00% $4,377.60
33 2021 $65,563.62 $5,245.09 $1,966.91 $33,498.77 $56,341.19 $36,318.53 12.00% $3,977.34 $7,212.00 $33,498.77 $53,744.87 $41,563.62 12.00% $4,606.75
34 2022 $67,530.53 $5,402.44 $2,025.92 $44,201.30 $57,933.60 $38,128.09 12.00% $4,194.49 $7,428.36 $44,201.30 $55,259.39 $43,530.53 12.00% $4,842.78
35 2023 $69,556.44 $5,564.52 $2,086.69 $56,000.71 $59,573.78 $39,991.93 12.00% $4,418.15 $7,651.21 $56,000.71 $56,819.34 $45,556.44 12.00% $5,085.89
36 2024 $71,643.14 $5,731.45 $2,149.29 $68,991.97 $61,263.16 $41,911.69 12.00% $4,648.52 $7,880.75 $68,991.97 $58,426.10 $47,643.14 12.00% $5,336.30
37 2025 $73,792.43 $5,903.39 $2,213.77 $83,277.87 $63,003.23 $43,889.04 12.00% $4,885.80 $8,117.17 $83,277.87 $60,081.05 $49,792.43 12.00% $5,594.21
38 2026 $76,006.20 $6,080.50 $2,280.19 $98,969.63 $64,795.50 $45,925.71 12.00% $5,130.21 $8,360.68 $98,969.63 $61,785.66 $52,006.20 12.00% $5,859.86
39 2027 $78,286.39 $6,262.91 $2,348.59 $116,187.63 $66,641.54 $48,023.48 12.00% $5,381.94 $8,611.50 $116,187.63 $63,541.40 $54,286.39 12.00% $6,133.49
40 2028 $80,634.98 $6,450.80 $2,419.05 $135,062.07 $68,542.96 $50,184.18 12.00% $5,641.22 $8,869.85 $135,062.07 $65,349.82 $56,634.98 12.00% $6,415.32
41 2029 $83,054.03 $6,644.32 $2,491.62 $155,733.86 $70,501.42 $52,409.71 12.00% $5,908.29 $9,135.94 $155,733.86 $67,212.48 $59,054.03 12.00% $6,705.60
42 2030 $85,545.65 $6,843.65 $2,566.37 $178,355.39 $72,518.64 $54,702.00 12.00% $6,183.36 $9,410.02 $178,355.39 $69,131.03 $61,545.65 12.00% $7,004.60
43 2031 $88,112.02 $7,048.96 $2,643.36 $203,091.53 $74,596.37 $57,063.06 12.00% $6,466.69 $9,692.32 $203,091.53 $71,107.14 $64,112.02 12.00% $7,312.56
44 2032 $90,755.38 $7,260.43 $2,722.66 $230,120.59 $76,736.44 $59,494.95 12.00% $6,758.51 $9,983.09 $230,120.59 $73,142.53 $66,755.38 12.00% $7,629.77
45 2033 $93,478.04 $7,478.24 $2,804.34 $259,635.43 $78,940.71 $61,999.80 12.00% $7,059.10 $10,282.58 $259,635.43 $75,238.97 $69,478.04 12.00% $7,956.49
46 2034 $96,282.39 $7,702.59 $2,888.47 $291,844.62 $81,211.10 $64,579.80 12.00% $7,368.70 $10,591.06 $291,844.62 $77,398.32 $72,282.39 12.00% $8,293.01
47 2035 $99,170.86 $7,933.67 $2,975.13 $326,973.68 $83,549.61 $67,237.19 12.00% $7,687.58 $10,908.79 $326,973.68 $79,622.44 $75,170.86 12.00% $8,639.62
48 2036 $102,145.98 $8,171.68 $3,064.38 $365,266.52 $85,958.27 $69,974.30 12.00% $8,016.04 $11,236.06 $365,266.52 $83,743.59 $78,145.98 22.00% $7,166.34
49 2037 $105,210.36 $8,416.83 $3,156.31 $406,986.83 $88,439.19 $72,793.53 12.00% $8,354.34 $11,573.14 $406,986.83 $85,796.72 $81,210.36 22.00% $7,840.50
50 2038 $108,366.67 $8,669.33 $3,251.00 $452,419.74 $90,994.54 $75,697.34 12.00% $8,702.80 $11,920.33 $452,419.74 $87,911.45 $84,366.67 22.00% $8,534.89
51 2039 $111,617.67 $8,929.41 $3,348.53 $501,873.50 $95,402.62 $78,688.26 22.00% $7,285.64 $12,277.94 $501,873.50 $90,089.62 $87,617.67 22.00% $9,250.11
52 2040 $114,966.20 $9,197.30 $3,448.99 $555,681.36 $97,805.53 $81,768.91 22.00% $7,963.38 $12,646.28 $555,681.36 $92,333.14 $90,966.20 22.00% $9,986.78
53 2041 $118,415.19 $9,473.22 $3,552.46 $614,203.60 $100,280.52 $84,941.98 22.00% $8,661.45 $13,025.67 $614,203.60 $94,643.96 $94,415.19 22.00% $10,745.56
54 2042 $121,967.65 $9,757.41 $3,659.03 $677,829.64 $102,829.76 $88,210.23 22.00% $9,380.47 $13,416.44 $677,829.64 $97,024.10 $97,967.65 22.00% $11,527.10
55 2043 $125,626.68 $10,050.13 $3,768.80 $746,980.46 $105,455.48 $91,576.54 22.00% $10,121.06 $13,818.93 $746,980.46 $99,475.65 $101,626.68 22.00% $12,332.09
56 2044 $129,395.48 $10,351.64 $3,881.86 $822,111.08 $108,159.97 $95,043.84 22.00% $10,883.86 $14,233.50 $822,111.08 $102,000.75 $105,395.48 22.00% $13,161.22
57 2045 $133,277.34 $10,662.19 $3,998.32 $903,713.32 $110,945.60 $98,615.15 22.00% $11,669.55 $14,660.51 $903,713.32 $104,601.60 $109,277.34 22.00% $14,015.23
58 2046 $137,275.66 $10,982.05 $4,118.27 $992,318.73 $113,814.79 $102,293.61 22.00% $12,478.81 $15,100.32 $992,318.73 $107,280.47 $113,275.66 22.00% $14,894.87
59 2046 $141,393.93 $11,311.51 $4,241.82 $1,088,501.83 $116,770.06 $106,082.42 22.00% $13,312.35 $15,553.33 $1,088,501.83 $110,039.71 $117,393.93 22.00% $15,800.88 $31,912.53
60 2047 $70,000.00 0 0 $1,105,581.97 $46,000.00 12.00% $5,139.12 0 $1,110,721.09 $46,000.00 0.00% $0.00 (less with 401(k))
61 2048 $71,750.00 0 0 $1,122,278.53 $47,750.00 12.00% $5,349.12 0 $1,133,177.90 $47,750.00 0.00% $0.00
62 2049 $73,543.75 0 0 $1,138,517.07 $49,543.75 12.00% $5,564.37 0 $1,155,852.75 $49,543.75 0.00% $0.00
63 2050 $75,382.34 0 0 $1,154,216.09 $51,382.34 12.00% $5,785.00 0 $1,178,723.63 $51,382.34 0.00% $0.00
64 2051 $77,266.90 0 0 $1,169,286.47 $53,266.90 12.00% $6,011.15 0 $1,201,765.77 $53,266.90 0.00% $0.00
65 2052 $79,198.57 0 0 $1,183,630.81 $55,198.57 12.00% $6,242.95 0 $1,224,951.40 $55,198.57 0.00% $0.00
66 2053 $81,178.54 0 0 $1,197,142.74 $57,178.54 12.00% $6,480.54 0 $1,248,249.52 $57,178.54 0.00% $0.00
67 2054 $83,208.00 0 0 $1,209,706.16 $59,208.00 12.00% $6,724.08 0 $1,271,625.56 $59,208.00 0.00% $0.00
68 2055 $85,288.20 0 0 $1,221,194.45 $61,288.20 12.00% $6,973.70 0 $1,295,041.11 $61,288.20 0.00% $0.00
69 2056 $87,420.41 0 0 $1,231,469.59 $63,420.41 12.00% $7,229.57 0 $1,318,453.56 $63,420.41 0.00% $0.00
70 2057 $89,605.92 0 0 $1,240,381.24 $65,605.92 12.00% $7,491.83 0 $1,341,815.75 $65,605.92 0.00% $0.00
71 2058 $91,846.07 0 0 $1,247,765.68 $67,846.07 12.00% $7,760.65 0 $1,365,075.60 $67,846.07 0.00% $0.00
72 2059 $94,142.22 0 0 $1,253,444.71 $70,142.22 12.00% $8,036.19 0 $1,388,175.61 $70,142.22 0.00% $0.00
73 2060 $96,495.77 0 0 $1,257,224.52 $72,495.77 12.00% $8,318.61 0 $1,411,052.50 $72,495.77 0.00% $0.00
74 2061 $98,908.17 0 0 $1,258,894.31 $74,908.17 12.00% $8,608.10 0 $1,433,636.63 $74,908.17 0.00% $0.00
75 2062 $101,380.87 0 0 $1,258,224.98 $77,380.87 12.00% $8,904.82 0 $1,455,851.52 $77,380.87 0.00% $0.00
76 2063 $103,915.39 0 0 $1,254,967.59 $79,915.39 22.00% $7,555.61 0 $1,475,959.85 $79,915.39 0.00% $0.00
77 2064 $106,513.28 0 0 $1,248,851.72 $82,513.28 22.00% $8,127.14 0 $1,495,650.50 $82,513.28 0.00% $0.00
78 2065 $109,176.11 0 0 $1,239,583.74 $85,176.11 22.00% $8,712.96 0 $1,514,839.40 $85,176.11 0.00% $0.00
79 2066 $111,905.51 0 0 $1,226,844.93 $87,905.51 22.00% $9,313.43 0 $1,533,434.47 $87,905.51 0.00% $0.00
80 2067 $114,703.15 0 0 $1,210,289.38 $90,703.15 22.00% $9,928.91 0 $1,551,334.99 $90,703.15 0.00% $0.00
81 2068 $117,570.73 0 0 $1,189,541.80 $93,570.73 22.00% $10,559.78 0 $1,568,430.84 $93,570.73 0.00% $0.00
82 2069 $120,510.00 0 0 $1,164,195.14 $96,510.00 22.00% $11,206.42 0 $1,584,601.73 $96,510.00 0.00% $0.00
83 2070 $123,522.75 0 0 $1,133,808.00 $99,522.75 22.00% $11,869.22 0 $1,599,716.34 $99,522.75 0.00% $0.00
84 2071 $126,610.82 0 0 $1,097,901.83 $102,610.82 22.00% $12,548.60 0 $1,613,631.43 $102,610.82 0.00% $0.00
85 2072 $129,776.09 0 0 $1,055,957.89 $105,776.09 22.00% $13,244.96 0 $1,626,190.82 $105,776.09 0.00% $0.00
86 2073 $133,020.49 0 0 $1,007,414.03 $109,020.49 22.00% $13,958.73 0 $1,637,224.32 $109,020.49 0.00% $0.00
87 2074 $136,346.00 0 0 $951,661.15 $112,346.00 22.00% $14,690.34 0 $1,646,546.61 $112,346.00 22.00% $14,690.34
88 2075 $139,754.65 0 0 $888,039.39 $115,754.65 22.00% $15,440.24 0 $1,653,955.93 $115,754.65 22.00% $15,440.24
89 2076 $143,248.52 0 0 $815,834.03 $119,248.52 22.00% $16,208.89 0 $1,659,232.78 $119,248.52 22.00% $16,208.89
90 2077 $146,829.73 0 0 $734,271.02 $122,829.73 22.00% $16,996.76 0 $1,662,138.43 $122,829.73 22.00% $16,996.76 $195,733.05
(more with 401(k)