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401(k) Contribution Calculator

Calculate your 401(k) growth with employer matching and projections

Your Information

$
$
%
%

% of your contribution

%

Max salary % matched

%
%

Projected Balance

$1,720,436

At age 65

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Your Contributions

$272,079

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Employer Match

$136,040

Free money!

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Investment Earnings

$1,287,317

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401(k) Growth Projection

Understanding 401(k)

A 401(k) is a retirement savings plan sponsored by employers. Key benefits:

  • Pre-tax contributions (reduces taxable income)
  • Employer matching (free money!)
  • Tax-deferred growth
  • 2024 contribution limit: $23,000 (under 50)