401k Calculator

A 401k calculator helps you plan your retirement savings and understand the power of employer matching. This 401k calculator includes contribution limits, catch-up contributions, and employer match calculations to give you accurate projections. Use this 401k calculator to maximize your retirement savings.

Key 401k calculator concepts:

• How 401k employer matching works: Think of employer matching as a raise you have to claim. If your employer matches 50% up to 6% of your salary, you need to contribute at least 6% to get the full match. Contribute less, and you're leaving free money on the table.
• 401k contribution limits for 2025: Employee contribution: $23,500 (under 50), $31,000 (ages 50-59), $34,750 (ages 60-63). Total (employee + employer): $70,000. Catch-up contributions allow older workers to save more.
• How much should you contribute: At minimum, enough to get the full employer match—never leave free money behind. Recommended: 10-15% of your salary for a comfortable retirement. Maximum: Up to the IRS limit if you can afford it.
• Tax advantages: 401k contributions are pre-tax, reducing your taxable income now. You pay taxes when you withdraw in retirement, ideally when you're in a lower tax bracket.

Using this 401k calculator: Enter your age, current balance, salary, and contribution rate. The 401k calculator will show you how employer matching and compound growth build your retirement savings. This 401k calculator accounts for salary increases and contribution limits to provide realistic projections. Always contribute enough to maximize your employer match—it's an instant 100% (or 50%, depending on match) return on your money.