401K Calculator

401K Calculator

Employment Details
%
401(k) Details
%
%
%
5000
401(k) Savings To Date
85,912
Your Contribution
25,201
Employer Contribution
1,16,113
Investment Earnings
Age wise 401(k) savings
Age Your Annual Salary Your Contribution Employer Contribution Total Contribution
20 10,000 1,500 300 1,800
21 11,000 1,650 330 1,980
22 12,100 1,815 363 2,178
23 13,310 1,997 399 2,396
24 14,641 2,196 439 2,635
25 16,105 2,416 483 2,899
26 17,716 2,657 531 3,189
27 19,487 2,923 585 3,508
28 21,436 3,215 643 3,858
29 23,579 3,537 707 4,244
30 25,937 3,891 778 4,669
31 28,531 4,280 856 5,136
32 31,384 4,708 942 5,649
33 34,523 5,178 1,036 6,214
34 37,975 5,696 1,139 6,835
35 41,772 6,266 1,253 7,519
36 45,950 6,892 1,378 8,271
37 50,545 7,582 1,516 9,098
38 55,599 8,340 1,668 10,008
39 61,159 9,174 1,835 11,009

What is 401K Calculator ?

Annual Salary

This is your annual salary from your employer before taxes and other benefit deductions. Since your contribution and company match are based on the salary paid to you by your employer, do not include any income you may receive from sources other than your employer.

Annual Contribution

Your total contribution for one year is based on your annual salary times the percent you contribute. However, your annual contribution is also subject to certain maximum total contributions per year.

Age Retirement

Age you wish to retire. This calculator assumes that the year you retire, you do not make any contributions to your 401(k). So if you retire at age 65, your last contribution occurs when you are actually 64.

Current 401(K) Balance

The starting balance or current amount you have invested or saved in your 401(k).

Annual Salary Increase

The annual percentage you expect your salary to increase. We assume that your salary will continue to increase at this rate until you retire.

Employer's max match

An employer match is in addition to your annual contributions. It is based on a percentage of your annual contributions. This range can be anywhere from 0% to 100%.

For example, let's assume the employer matches 50% of the employee's contributions up to 6% of their salary. The employee earns per year and contributes 10%. The results would be:

  • 10,000 from the employee
  • 3,000 from the employer (which is 50% of 6,000 or 6% of the annual salary)
  • Total: 13,000

Please read the definition for "Employer maximum" for a detailed description of maximum employer matching contributions. It is also important to note employer contributions do not affect the maximum amount allowed to be contributed by an employee. Matching contributions can be subject to a vesting schedule. See your plan information for details.