DennisTheMennis
Expert
- 41
I went to a Midland presentation a few years back and they had a spreadsheet that compared a 401k (including matching from company, federal and state taxes- tax deduction at contribution and tax hit at withdrawal) as well as compound growth rate, etc. compared to an income tax free IUL income stream (and how much they would have to generate pre-tax).
I am a numbers guy, I work with engineers, it was a great tool to compare the two and show people how big of a tax hit they will get when they start withdrawing.
I have created a similar spreadsheet and am 80% of the way through but I can't figure out how to start and stop contributions....
Is anyone aware of a calculator that does this? If not, Are there any excel pro's who could help?
Thanks in advance,
Mennis
I am a numbers guy, I work with engineers, it was a great tool to compare the two and show people how big of a tax hit they will get when they start withdrawing.
I have created a similar spreadsheet and am 80% of the way through but I can't figure out how to start and stop contributions....
Is anyone aware of a calculator that does this? If not, Are there any excel pro's who could help?
Thanks in advance,
Mennis