Everyone says “just invest.” Next Dollar builds a customized plan for which account gets each dollar first (401(k), IRA, HSA), in the order that saves on taxes and builds long-term wealth.
See the exact plan it builds, live, before you answer anything.
Chris earns a solid salary and has opened a handful of accounts over the years, a 401(k) with a match, a Roth IRA, an HSA, without a real plan tying them together. Now he wants someone to lay out the right order to fund them.
Start at top. Each line gets part of Chris's monthly money.
A setup checklist plus a spreadsheet to track each month's progress.
Lower taxes can leave more of Chris's money invested and growing.
Includes about $337 from HSA payroll savings.
Same monthly money, two paths: Chris's priority plan or one taxable brokerage account. $1,104/mo.
In today's dollars, the plan value at year 30 is about $752k. About $1.2M is investment growth. Chris may also save about $48,420 on tax bills along the way.
Each row shows the account value, then how much of the +$776,875 after-tax difference comes from that account.
Skips income tax now at Chris's 29% rate, then grows untaxed until retirement.
After-tax going in, then qualified growth and withdrawals can come out tax-free.
Deductible going in (saves 36.65%), grows untaxed, and comes out tax-free for medical.
saves ~$1,614/yr in taxesAfter-tax going in, but every dollar of growth and withdrawal is 100% tax-free.
This matches the after-tax difference shown above.
About 6.7% growth a year on average. Picked based on Chris's age.
Where it sits matters: Traditional balances are tax-deferred, Roth/HSA balances are tax-free later, and regular accounts are taxed either way.
No. We do not store your answers on a server, and there is no account required. Your plan stays in your browser, and the tracker is created on your device when you download it.
It estimates how much more your customized plan may be worth after taxes versus putting the same monthly money into a regular taxable brokerage account.
That is the point. The app explains the order, the monthly amount, and the setup step without expecting you to know the jargon first.