401(k) Calculator
Project your 401(k) balance at retirement, including your contributions, employer match, and salary growth over time.
e.g. 50% match
Up to this % of salary
Balance at retirement
$759,679.11
What Your Result Means
Balance at retirement projects your total 401(k) value based on your ongoing contributions, employer match, investment returns, and salary growth. It breaks out how much came from your own paycheck contributions versus your employer's matching funds.
How It Is Calculated
Employer Match = Salary × min(Your %, Match Limit %) × Match Rate
Each year: Balance = (Balance + Your Contribution + Match) × (1 + Return Rate)
Worked Example
On a $70,000 salary contributing 8% with a 50% employer match up to 6%, growing at 7% annually for 25 years with 2% yearly raises, projects to roughly $580,000 at retirement.
Important Assumptions
- Employer match is typically capped - check your plan's specific match formula and limit.
- Doesn't account for annual IRS contribution limits, which change periodically and cap how much you can contribute.
Frequently Asked Questions
- Am I leaving money on the table if I contribute less than the match limit?
- Yes - if your employer matches up to 6% of salary and you contribute less than 6%, you're missing out on free employer money. Most financial advisors recommend contributing at least enough to get the full match.
Related Calculators
Methodology
This calculator uses standard compound growth projections with employer matching. See our methodology page for details.
This calculator provides estimates for educational purposes only. Actual rates, taxes, insurance, fees, and lender terms may differ. It does not constitute financial advice - consult a qualified financial professional before making financial decisions.