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Join AARP for just $11 per year with a 5-year membership. Plus, get a second membership FREE for anyone in your household! Expires 9/9

Taxable vs. Tax-Deferred Calculator

See which one might be best for your retirement planning

By

AARP

Updated May 23, 2025

Published August 21, 2017

/ Updated May 23, 2025

How taxes are applied to an investment can make an incredible difference. This calculator is designed to help compare a normal taxable investment to two common tax advantaged situations: an investment where taxes are deferred until withdrawals are made, and an investment where taxes are paid on money that goes into the account, but all withdrawals are tax free.

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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment 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.

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