Free Retirement & 401(k) Calculator
Project your retirement balance from your current savings, contributions, employer match, and expected return, updated as you type.
Estimates only, not financial advice. Returns are never guaranteed.
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Frequently Asked Questions
How is my projected retirement balance calculated?
Your current balance and each future contribution grow monthly at your expected annual return, converted to a monthly rate. Your contribution and your employer's match (both as a percentage of salary) are added every month until your retirement age.
What is an employer match?
Many employers add money to your 401(k) based on how much you contribute, up to a limit — for example, matching 50% of what you contribute, up to 6% of your salary. It's effectively free money toward your retirement, so contributing at least enough to get the full match is usually worth prioritizing.
Does this account for taxes or inflation?
No — this shows a projected nominal dollar balance without adjusting for taxes on withdrawal or inflation's effect on purchasing power. Real spending power at retirement will be lower than the raw number shown.
Is the expected return rate guaranteed?
No — this is an estimate for planning purposes only, not financial advice. Investment returns vary year to year and are never guaranteed; a long-term average is used here for simplicity.
Should I contribute more than my employer's match?
That depends on your full financial picture — other debts, an emergency fund, and your goals all matter. This calculator shows the math of a given contribution rate; a financial advisor can help you decide what's right for you.