Calculator-Banner-1
Calculator-MMM-Icon-2

401(k) Retirement Plans

401(k) Calculator
A 401(k) can be one of your best tools for creating a secure retirement. It provides you with two important advantages. First, all contributions and earnings to your 401(k) are tax-deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, many employers provide matching contributions to your 401(k) account. The combined result is a retirement savings plan you cannot afford to pass up.
milspouse money mission logo


Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Recent Blogs

5 Financial Resolutions to Start the New Year Off Right

December 2, 2024

You don’t need to wait until January to take a fresh look at your finances. Get a jump on the new year with these five resolutions — they can really pay off over the next 12 months. 1. Set/update your budget Setting a budget is the first step in a military family’s financial planning. And…

Read More

5 Financial Power Moves for MilSpouses

November 1, 2024

During National Veterans and Military Families Month in November, we salute the strength of our families as they support the mission of our community. MilSpouses, especially, display determination as they face the challenges of military life. We see you navigate frequent moves, deployments and often raising children as a solo parent. We understand your motivation…

Read More

The Year In Review: Bring Your Financial Picture into Focus

October 1, 2024

It can be fun and even eye-opening to watch those year-end montages reminiscing about the year. If you ever have that moment when you say to yourself, “Wait, that was this year?”, you could also imagine how easy it could be to lose track of the goals and financial plans you set in motion when…

Read More

Now’s the Time to Think About Life Insurance

September 4, 2024

Hey, MilSpouses, it’s Life Insurance Awareness Month! Okay, so maybe that doesn’t make you want to break out the cake and ice cream, but life insurance is an important part of your financial plan. It can help take care of your family, giving them financial security if something happens to you or your service member.…

Read More

Budget and Insurance: What to Do After You PCS

August 1, 2024

After months of planning and hard work, you’ve landed safely at your next duty station. Congratulations! As you kick off this next chapter in your MilLife, it’s a good time to check in on your finances. Let’s look at two key items that are likely to change after a PCS: your budget and your insurance.…

Read More

Insurance and Estate Planning for Your Peace of Mind

July 1, 2024

Insurance protection and estate planning are key to your family’s financial peace of mind. Insurance protects you from serious financial loss and provides for your family, and estate planning ensures your wishes are carried out in case you are no longer there. Protect Your Stuff Homeowners and Renters Insurance: Both homeowners and renters insurance cover…

Read More

PCS Finances for MilSpouses: In Their Own Words

May 31, 2024

Did you set financial goals earlier this year only to have a permanent change of station (PCS) threaten to derail your family’s budget? You’re not alone. Other MilSpouses have learned how to keep their family finances intact during a move — and so can you! Here is valuable advice from their experiences. PCS-proof Your Finances…

Read More

Showing Appreciation with Top Resources for MilSpouses

May 1, 2024

As MilSpouses, we are often asked to shoulder a big load of responsibility. When partners deploy or work long hours, managing career and home responsibilities — especially finances — can fall on us. May 10 is Military Spouse Appreciation Day, and we pause to honor your unwavering support, strength and resiliency in all you do…

Read More