savings RETIREMENT TOOLS

401k Calculator

Project your 401k balance with employer matching.

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How It Works: Estimates your retirement nest egg by combining your contributions with employer matches and compound interest.

Key Inputs:
  • Annual Salary: Your current gross yearly income.
  • Contribution (%): The percentage of salary you contribute.
  • Employer Match (%): The percentage your employer contributes.
  • Current Balance: Existing savings in your 401(k).
  • Annual Return (%): Expected yearly investment growth.
  • Years to Grow: Time remaining until retirement.


Note: Assumes contributions and matches are added annually and compound at the given rate.
Projected Balance
$1,250,000
Total Employer Match
$96,000

Free Money: The Power of Employer Matching

If your employer offers a 401(k) match, and you are not contributing enough to get the full match, you are literally declining a portion of your salary. It is the only guaranteed "100% return" you will ever find in investing.

How the Match Works

Commonly, employers match 50% or 100% of your contributions, up to a certain percentage of your salary (e.g., 4% or 6%).

Example: The "Free" $2,400

You earn $60,000. Your company matches 100% up to 4%.

• If you save 4% ($2,400), your company adds $2,400. Total: $4,800.
• If you save 0%, you get $0. You just lost a $2,400 bonus.

Roth vs. Traditional 401(k)

Traditional: You pay no tax now, but pay tax when you withdraw in retirement. Good if you think your tax rate will be lower later.

Roth: You pay tax now, but all growth and withdrawals are TAX-FREE forever. Good if you think taxes will be higher later or if you have decades for the money to grow.

Disclaimer: Investment returns are not guaranteed. Information is for educational purposes only.