The projections and other information you will see here are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. The output of this calculator may vary with each use over time. The tool does not consider specific securities held by you and does not therefore attempt to predict the future value of any specific securities.

The tax information in the calculator is not intended as a substitute for specific individualized tax, legal, or investment planning device. Where specific advice is necessary or appropriate, Schwab recommends you consult with a qualified tax advisor, CPA, financial planner, or investment manager.