401(k) Calculator
Project your 401(k) balance at retirement, including your employer's matching contributions.
What Is the 401(k) Calculator?
The 401(k) Calculator projects how your workplace retirement account could grow by retirement, including your own contributions and your employer's match. Enter your salary, contribution rate, the employer match terms, your current balance and an expected return to see the future balance and how much of it is free employer money. Calculated locally.
How It Works
Enter your salary and contribution percentage, your employer's match (e.g. 50% up to 6% of pay), your current balance, ages and an expected annual return. The projected balance and a breakdown update instantly.
When to Use It
Use it to decide how much to contribute, make sure you capture the full employer match, or project your retirement savings.
Frequently Asked Questions
- What does '50% match up to 6%' mean?
- Your employer adds 50 cents per dollar you contribute, but only on the first 6% of your salary. Contributing at least 6% there captures the full match.
- Why contribute enough to get the full match?
- The match is effectively free money and an immediate return on your contribution. Not contributing enough to get it leaves compensation on the table.
Found an issue? Send Feedback. See our data sources and update policy for tools that depend on changing information.