Simple 401k
Your company-sponsored retirement plan is one of your most powerful wealth-building tools. Understanding how your current contributions (and employer matching) compound over time is essential for a secure future. Use this tool to project your growth and see how small changes today can significantly increase your income potential.
Your Information
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Projected Retirement Savings
Estimated Total at Retirement
$346,272
Contribution Breakdown
Your Annual Contribution
$6,000
Employer Match Contribution
$3,000
Total Annual Contribution
$9,000
Total Contributions Over Time
$90,000
Total Investment Earnings
$156,272
401(k) Growth Projection
Are you leaving money on the table? Maximizing your employer match can significantly increase your retirement savings. Your projected balance depends on your current savings, annual contributions, employer contributions, investment returns and time.
This is a hypothetical example used for illustrative purposes only. The calculator assumes annual contributions are made at the end of each year and employer contributions are based on the selected percentage of salary. Investment returns will vary over time and actual results may differ. Investments involve risk, including possible loss of principal.