401(k) Calculator — Calculate Your Retirement Savings Growth

401(k) Retirement Calculator

Calculate your 401(k) retirement savings growth. Estimate your future balance based on contributions, employer match, investment returns, and years to retirement.

Step 1: Current Financials

35
65

Understanding Your 401(k)

A 401(k) is a tax-advantaged retirement savings plan offered by employers. Contributions are typically made with pre-tax dollars, reducing your current taxable income.

Step 2: Contributions & Returns

6%
3%
7%
3%

About Employer Matching

Many employers match a portion of your 401(k) contributions, often up to a certain percentage of your salary. This is essentially free money that accelerates your retirement savings.

401(k) Retirement Projection

Summary
Contribution Comparison
Breakdown

Projected Retirement Balance

$1,247,580
At age 65 based on 30 years of contributions
Years to Retirement
30
Total Contributions
$473,400
Employer Contributions
$236,700
Investment Growth
$537,480

Contribution Rate Comparison

Contribution Rate Your Annual Contribution Employer Match Retirement Balance

Balance Composition at Retirement

401(k) Growth Formula

Future Value = Current Balance × (1 + rate)^years + Annual Contribution × [(1 + rate)^years – 1] ÷ rate

The future value of your 401(k) depends on your current balance, annual contributions, investment returns, and the number of years until retirement.

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