Calculate your 401k retirement savings growth with employer matching. Plan your retirement with accurate projections and annual breakdowns.
Calculator Inputs
Results
Total 401k Value at Retirement
$0
Monthly Retirement Income
$0
Total Personal Contributions
$0
Total Employer Match
$0
Investment Earnings
$0
Annual Breakdown
Age
Annual Salary
Personal Contribution
Employer Match
Account Balance
Frequently Asked Questions
A 401k calculator is a financial tool that helps estimate how much money you'll have in your 401k account when you retire, based on your current savings, contributions, employer matching, and expected investment returns.
401k calculators provide estimates based on the assumptions you input. Actual results may vary due to market volatility, changes in contribution limits, salary fluctuations, and other economic factors. They're best used for general planning purposes.
Employer matching is when your company contributes money to your 401k account based on how much you contribute. For example, if your employer offers a 50% match up to 6% of your salary, they'll contribute $1,500 if you earn $50,000 and contribute 6% ($3,000).
For 2025, the maximum employee contribution limit is $23,500. If you're 50 or older, you can make an additional "catch-up" contribution of $7,500, for a total of $31,000.
Traditional 401k contributions are made with pre-tax dollars, reducing your current taxable income, but you'll pay taxes when you withdraw in retirement. Roth 401k contributions are made with after-tax dollars, but qualified withdrawals in retirement are tax-free. The choice depends on your current vs. expected future tax bracket.
A 401k is an employer-sponsored retirement plan with higher contribution limits and potential employer matching. An IRA (Individual Retirement Account) is opened independently with lower contribution limits but often more investment options.
Generally, you can withdraw from your 401k without the 10% early withdrawal penalty after age 59½. However, you'll still owe income taxes on traditional 401k withdrawals. Some exceptions allow penalty-free early withdrawals for specific hardships.
Financial experts typically recommend contributing at least enough to get your full employer match (it's "free money"), then aim for 10-15% of your income total retirement savings. If possible, try to maximize your contributions, especially as you get closer to retirement.
Important Disclaimer
This calculator is for educational and informational purposes only and does not constitute financial advice.
Actual 401k performance may vary due to market conditions, fees, tax law changes, and other factors.
Please consult with a qualified financial advisor for personalized retirement planning advice.