⏳ How much does an early retirement withdrawal cost you?
💰 Your Current Situation
When you lose a job, tapping your 401(k) feels like a lifeline. But taxes, penalties, and lost compound growth make it an expensive choice. Let's look at the real cost of an early withdrawal, using the $55k example from the story.
🎯 Retirement Goals
To find the true cost, we calculate what that money would become if left invested until your target retirement age.
🔗 See Also
Results
Taxes & Penalties Paid
Net Cash in Pocket
Lost Retirement Value
Cost Per Dollar Received
Impact Verdict
High
Calculator updated by heyfinfam (v26.7.0) · View history
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