Reverse 457 Calculator: How Much Will My 457 Pay Me In Retirement?

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

How Much Will My 457 Pay Per Month?

Use our Reverse 457 Calculator to estimate your 457 plan payouts in retirement. Plan your future with confidence and precision. This calculator can help you determine where you stand in terms of retirement savings, how much you need to save to reach your target, and what your retrievals will look like in retirement. Simply input your current age, planned retirement age, current retirement savings, and resident state to get an accurate estimate of your 457 plan payouts.

Key Takeaways:

  • Estimate your 457 plan payouts using our Reverse 457 Calculator.
  • Determine where you stand in terms of retirement savings.
  • Calculate how much you need to save to reach your target.
  • Plan with confidence and precision for your future retirement.
  • Input various factors to get an accurate estimate of your 457 plan payouts.

Reverse 457 Calculator

To determine how much income your 457 will pay you now or in the future, use this payout calculator to get accurate annual amounts updated in real-time.

How This 457 Payout Calculator Works

This calculator uses annuities to calculate how much monthly income you can receive from your 457. These are actual numbers and not estimates. We use annuities to determine the payout because they contractually guarantee payment for the rest of your lifetime, and any remaining balance will be passed down to your beneficiaries, relieving the stress of worrying about running out of money.

This method usually pays you a higher monthly payout than traditional withdrawal methods.

And don’t worry. There are no tax consequences for transferring to an IRA annuity.

Take These Steps

  1. Enter your age.
  2. Input your resident state.
  3. Input your current 457 balance,
  4. When would you like to collect your 457 payout (Start My Benefits)?
Reverse 457 Calculator How Much Will My 457 Pay Me In Retirement

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Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Shawn Plummer is a Chartered Retirement Planning Counselor, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

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