How this calculator works for Florida residents

Florida's no state income tax attracts many retirees. This 401(k) calculator helps Floridians in Miami, Orlando, Tampa, Jacksonville, and Naples project retirement with employer match and withdrawal planning.

Key features for Florida planning

• Employer Match — Model employer matching formulas, including match caps, to see how fast matching contributions grow your balance.
• Withdrawal Planning — Simulate annual withdrawals in retirement to see how long your projected balance lasts.
• Contribution Limits — Project contributions in line with current IRS 401(k) contribution and catch-up limits.
• Growth Projections — Compound your current balance, contributions, and match year over year out to age 100.
• Year-by-Year Table — Review balance, contributions, match, and earnings each year in a clear table.