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Investment Tax Efficiency Calculator

Optimize asset location across account types to minimize tax drag.

Account Distribution

Taxable
$ 200000
40%
Traditional
$ 150000
30%
Roth
$ 150000
30%

Tax Drag Analysis

Current Tax Drag:$ 1152/yr
Optimal Tax Drag:$ 0/yr
Annual Savings:$ 1152
Tax drag: taxes paid annually on dividends/interest in taxable accounts reduce compound growth.

Compound Benefit Over 20 Years

Compound Tax Savings:$ 5369
Efficiency Gain:$ 4.066705886850912e+21
Asset location optimization compounds over time, potentially adding significant wealth.

Optimal Asset Location

Stocks
Roth first, then Traditional
High growth, tax-free gains preferred
Bonds
Traditional IRA/401k
Lower growth, tax-deferred interest
REITs
Roth or Traditional
High dividends taxed as ordinary income
Cash/Money Market
Taxable OK
Low yield, minimal tax impact

Asset Location Principles

  • High-growth assets (stocks) → Roth (tax-free gains)
  • Income-producing assets (bonds) → Traditional (defer interest tax)
  • High-dividend assets (REITs) → Tax-advantaged accounts
  • Tax drag is ~0.5-1.5% annually on taxable accounts
  • Rebalancing in tax-advantaged accounts avoids tax costs
  • Asset location matters more as tax rates and horizon increase
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