401(k) Calculator
Estimate your retirement savings with employee contributions, employer matching, and projected investment growth.
Your Details
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Contributions
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Assumptions
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Effective employer match: 3.00% of your salary.
Retirement Projection
Balance at Retirement
$2,317,610
Your Total Contributions
$453,466
Employer Contributions
$136,040
Investment Earnings
$1,703,105
Savings Breakdown
Your Contributions (453.5K)453465.61359288124
Employer Match (136K)136039.68407786434
Investment Earnings (1.7M)1703104.646520132
Frequently Asked Questions
How much should I contribute to my 401(k)?
At minimum, contribute enough to get your full employer match — it is free money. Financial advisors recommend saving 10-15% of your income for retirement.
What is employer matching?
Many employers match a percentage of your contribution. For example, a 50% match up to 6% means if you contribute 6%, your employer adds 3% extra.
When can I withdraw from my 401(k)?
You can start withdrawing penalty-free at age 59½. Early withdrawals may incur a 10% penalty plus income taxes.