Posted on: 04th Sep, 2009 08:15 pm
what is 401(k)value calculator
401K is your retirement fund.
you can use it for mortgage payments or instead of depositing money into 401k fund you can increase monthly mortgage payment.
following are factors which need to be considered:
cash available with you
maximum tax-deductible 401(k) contribution
Tax Rate
Mortgage Interest Rate
Rate of return in 401K
you can use it for mortgage payments or instead of depositing money into 401k fund you can increase monthly mortgage payment.
following are factors which need to be considered:
cash available with you
maximum tax-deductible 401(k) contribution
Tax Rate
Mortgage Interest Rate
Rate of return in 401K
you have to work wisely. see where are you getting maximum benefits out of following 2 options:
1 invest optimally in 401 K
2 monthly mortgage payout amount
a balance between two is required. you can take help of online calculator for it
1 invest optimally in 401 K
2 monthly mortgage payout amount
a balance between two is required. you can take help of online calculator for it
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