401k Calculator

Project your 401k balance at retirement. See exactly how much your employer match is worth and how much interest you'll earn over time.

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Projected 401k Balance

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Your Monthly$0
Employer/Month$0
Interest Earned$0

📐 Formula

Future Value = P(1+r)^n + PMT × [(1+r)^n - 1] / r, where P=current balance, r=monthly rate, PMT=monthly contribution, n=months

Frequently Asked Questions

For 2024, you can contribute up to $23,000 to a 401k ($30,500 if age 50+). Employer contributions do not count toward this limit but do count toward the total annual limit of $69,000.

Absolutely — employer matching is free money. If your employer matches 100% up to 3% of salary, contribute at least 3%. Anything less is leaving part of your compensation on the table.

The US stock market has historically returned about 7% annually after inflation. Conservative projections use 5–6%; aggressive use 8–9%. A mix of stocks and bonds typically returns 5–7%.