Investment

401k Calculator

Plan your retirement with employer match and tax advantages

Employer MatchTax BenefitsGrowth Projections

Disclaimer

This calculator is for educational purposes only. Results are estimates based on your inputs. Consult a qualified financial advisor for personalized advice. Read full disclaimer

Enter Your Information

Current Age

Retirement Age

Current 401k Balance ($)

Annual Salary ($)

Your Contribution (%)

Employer Match (%)

Match Limit (% of Salary)

Expected Annual Return (%)

Current Tax Rate (%)

401k Growth Formula

How your 401k balance grows with contributions, employer match, and investment returns

FV = \sum_{t=1}^{n} [(C_t + M_t) \times (1 + r)^{n-t}] + B_0 \times (1 + r)^n

Where:

FV

Future value of 401k

C_t

Your contribution in year t

M_t

Employer match in year t

B_0

Current balance

r

Annual return rate

n

Years until retirement

Example:

Contributing 10% of a $75,000 salary with a 50% match up to 6% for 35 years at 7% return could grow to over $1.5 million

Why 401k is Powerful

🎁 Free Money from Employer Match

Employer matching is essentially free money. If your employer matches 50% up to 6%, that's an immediate 50% return on your contribution!

💸 Tax Advantages

Contributions are pre-tax, reducing your taxable income today. Your investments grow tax-deferred until retirement.

📈 Compound Growth

Your contributions and employer match grow exponentially over time through compound interest and investment returns.

📚 Learn More About 401k Planning

Maximize your retirement savings with expert strategies and guidance.

Browse Learning Resources →