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FREE 401(k) CALCULATOR

401k Calculator

Project your 401(k) growth and see how employer matching, contribution rates, and investment returns impact your retirement savings. Free, instant results.

Your Age

35
1870
65
5075
Years to Retirement30 years

Your 401(k)

$50,000
$0$1M
$80,000
$30k$300k
$12,000
$0$24k (2026 max)
15.0% of salary |$1,000/month

Employer Match

50%
0%100%

e.g., 50% means employer adds $0.50 for every $1 you contribute

6%
0%15%
Annual Employer Match
Free money from your employer!
$2,400

Investment Assumptions

7%
Conservative (3%)Aggressive (12%)
3%
Low (1%)High (6%)
Real Return (after inflation)4.0%

Projected 401(k) at Retirement

$1.77M
Real Value (Today's Dollars)
$728k
Retirement Age
65 years old

Monthly Retirement Income (4% Rule)

Nominal
$5,892
per month
Real (Today's $)
$2,427
per month

Balance Breakdown

Starting Balance
$50,000
Your Total Contributions
+$360,000
Total Employer Match
+$72,000
Investment Growth
+$1,285,491
Total at Retirement$1,767,491

401(k) Growth Over Time

Nominal Balance
Real Balance (Today's $)

Where Your Money Comes From

How to Use This 401(k) Calculator

1

Enter Your Age

Input your current age and planned retirement age. The calculator will determine how many years your money has to grow through compound interest.

2

Add Your Balance

Enter your current 401(k) balance, annual salary, and how much you contribute each year. The 2026 maximum is $23,500 (or $31,000 if 50+).

3

Set Employer Match

Configure your employer's matching formula. A common match is "50% up to 6%" - meaning your employer contributes $0.50 for every $1 you contribute, up to 6% of your salary.

4

Adjust Assumptions

Set your expected investment return (7% is historical average for stocks) and inflation rate (3% is typical). The calculator shows both nominal and real (inflation-adjusted) values.

Understanding 401(k) Growth

The Power of Compound Interest

Your 401(k) grows through compound interest - meaning you earn returns not just on your contributions, but on your previous returns as well. This creates exponential growth over time, which is why starting early is so important.

Example:

If you invest $10,000 at age 25 with 7% annual returns, by age 65 it grows to $149,745 - nearly 15x your initial investment! The same $10,000 invested at age 45 only grows to $38,697.

The Three Sources of Growth

Your Contributions

Money you contribute from each paycheck, pre-tax (Traditional) or post-tax (Roth).

Employer Match

Free money! Your employer contributes based on your contributions. Always contribute enough to get the full match - it's an instant 50-100% return.

Investment Growth

Returns from your investments. Over long periods, this often becomes the largest portion of your balance due to compound growth.

401(k) Contribution Limits 2026

Under Age 50

$23,500

Maximum employee contribution limit for 2026. This is the most you can defer from your salary into a Traditional or Roth 401(k).

Age 50 and Over

$31,000

Includes $7,500 catch-up contribution. If you're 50+, you can contribute an extra $7,500 per year to accelerate your retirement savings.

Total Annual Limit (Including Employer Match)

The combined limit for employee + employer contributions is $70,000 for 2026 (or $77,500 if 50+). This includes your contributions, employer match, and any profit-sharing contributions.

Under 50:$70,000
Age 50+:$77,500

Employer Match Explained

Common Matching Formulas

50% match up to 6%

Most Common

For every $1 you contribute (up to 6% of salary), employer adds $0.50

Example: $80,000 salary, 6% contribution ($4,800) = $2,400 employer match

100% match up to 3%

Dollar-for-dollar match on your first 3% of salary

Example: $80,000 salary, 3% contribution ($2,400) = $2,400 employer match

100% match up to 4%, plus 50% of next 2%

Tiered matching with better match on initial contributions

Example: $80,000 salary, 6% contribution = $4,000 employer match

Always Get the Full Match!

Not contributing enough to get your full employer match? You're leaving free money on the table. An employer match is essentially a 50-100% instant return on your investment - you won't find that anywhere else. Make this your first priority before investing elsewhere.

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Frequently Asked Questions

How much should I contribute to my 401(k)?

Financial experts recommend contributing at least enough to get your full employer match (free money!), then ideally 10-15% of your salary. For 2026, you can contribute up to $23,500 if under 50, or $31,000 if 50 or older with catch-up contributions.

What is a good 401(k) balance by age?

A common rule of thumb is: By 30, have 1x your salary saved. By 40, have 3x. By 50, have 6x. By 60, have 8x. By 67, have 10x your salary. However, these are guidelines - your target depends on your retirement lifestyle goals and other income sources.

How does employer 401(k) matching work?

Employer matching is when your company contributes to your 401(k) based on your contributions. A common match is 50% of your contribution up to 6% of salary. So if you make $100,000 and contribute 6% ($6,000), your employer adds $3,000. This is essentially free money - always contribute enough to get the full match.

What is the 4% rule for retirement?

The 4% rule suggests you can withdraw 4% of your retirement portfolio in your first year of retirement, then adjust for inflation each year, and your money should last at least 30 years. With a $1 million 401(k), that's $40,000 per year or about $3,333 per month.

Should I diversify my 401(k) with gold?

While traditional 401(k)s typically can't hold physical gold, many investors roll over a portion to a Gold IRA for diversification. Gold has historically acted as a hedge against inflation and market volatility. Experts often recommend allocating 5-15% of retirement savings to precious metals for portfolio protection.

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Important Disclaimer

This calculator provides estimates for educational purposes only and is not financial advice. Actual results will vary based on market performance, fees, and individual circumstances. Investment returns are not guaranteed and past performance does not predict future results. Always consult with a qualified financial advisor before making investment decisions.