401k Savings Calculator

Learn

Plan

Take Action

How much will I have in 401(k) savings when I retire?

Contributing to an employer-sponsored retirement plan like a 401(k) can be one of the most effective ways to quickly build your retirement savings.

All contributions and earnings grow tax deferred, so you won't pay income taxes until you make withdrawals. In addition, employers often match a percentage of your contribution, with a maximum set at a percentage of your annual salary.

After you've entered your information below, click the "Calculate" button to determine how much you'll have accumulated in 401(k) savings when you retire.

401(k) Savings Calculator
What is your date of birth?	/ /
At what age do you plan to retire?
What is your current income (before taxes)?	$
What do you expect in annual salary increases?	%
What is your current retirement savings balance?	$
What percent of your income will you contribute?	%
Will you make maximum annual catch-up contributions when eligible?	Yes No
Does your employer match a portion of your 401(k) contributions?	Yes No
What percent of your contribution does your employer match?	%
What maximum percent of income does your employer match?	%
What rate of return do you expect to earn on your 401(k) savings?¹

¹Use an average rate of return that's appropriate for the mix of investments in your portfolio.

The calculation provided is for illustration purposes only and is not intended to represent a guaranteed retirement savings amount. The calculation is not intended to provide either specific advice or a recommendation to any individual. Please consult a professional tax advisor before taking specific action.