401K Calculator
Calculate your 401K growth with employer match. Project your retirement savings.
Employer match
Total at retirement
$1,201,998
At age 65
You contribute
$126,000
Employer contributes
$126,000
Growth
$939,998
Balance composition
Current balance(0.8%)
Your contributions(10.5%)
Employer contributions(10.5%)
Investment growth(78.2%)
Current balance
Your contributions
Employer contributions
Investment growth
Projected growth
1.322.197,767991.648,325661.098,884330.549,4420
Yearly projection
| Age | Balance | Contributions |
|---|---|---|
| 30 | $10,000 | $0 |
| 35 | $57,383 | $7,200 |
| 40 | $124,553 | $7,200 |
| 45 | $219,776 | $7,200 |
| 50 | $354,767 | $7,200 |
| 55 | $546,132 | $7,200 |
| 60 | $817,417 | $7,200 |
| 65 | $1,201,998 | $7,200 |
What is a 401K?
A 401K is an employer-sponsored retirement savings plan in the United States. It allows employees to save and invest a portion of their paycheck before taxes.
Employer match
Many employers match a percentage of your contributions up to a certain limit. For example, they might match 50% of your contribution up to 6% of your salary. It's free money!
Contribution limits
In 2024, you can contribute up to $23,000 annually ($30,500 if you're 50 or older). The total limit including employer contributions is $69,000.