Originally Posted by ohfrugalone
Does anyone know of a link to a calculator that figures out the net cost when you invest in a tax deferred vehicle. I know I always used to see these calculators, but now that I need one, I can't find any.
Thanks in advance if you know of one.
Just subtract the amount at your marginal tax bracket from the principal.
P *(1-Rate) = net cost
P = gross Principal invested
rate = your marginal tax bracket rate