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Inherited IRA compound interest calculator?

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  • Hank
    replied
    With a small but growing inherited (traditional) IRA, I’d factor the RMDs into my tax planning more than I’d factor the balance into my retirement planning.

    On the one hand, it’s income, which is nice. On the other hand, it’s growing taxable income with a minimum amount you need to take every year. Having money is better than not having money, but it takes away some flexibility for planning year to year.

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  • littlefish
    started a topic Inherited IRA compound interest calculator?

    Inherited IRA compound interest calculator?

    Does anyone know of an online calculator for Inherited IRAs that allows you to:

    a) forecast growth/compound interest

    b) predict future RMDs

    My wife is 30 and she has a small, but growing, inherited IRA. Just trying to factor this into our long-term retirement planning estimates.

    Thanks!
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