401(k) Calculator

Enter all of the fields below,
then press the View Schedule button.
Current 401(k) Balance
Current Annual Income
Expected Annual Salary Increase
Percent of Salary Withheld for 401(k)
Employer Match
Frequency of Match:
% up to
% of salary
Years to Fund 401(k)
Average Annual Interest Rate Earned

Note: To view the schedule, all input fields must contain a value.

1995- MyCalculators.com
  • Contributions are made at the end of the period.
  • The maximum pre-tax amount that you are allowed to contribute to this plan is capped annually by the IRS. This calculator will not check to see if you are over-contributing! That is a function of your plan administrator. Please click this link for up to date details and limits.

  1. What will be the approximate value of your 401(k) in 10 years?
  • The assumptions:
  • You currently have $20,000 in your 401(k). Your annual salary is $50,000 and you hope to receive a 3% annual salary increase. You are contributing 6% of your salary to the plan (invested monthly in a mutual fund) and your employer will match your contribution 100% up to a maximum of 6% of your annual salary. They are matching that on an annual basis. The plan has been earning an average of 11% (compounded annually) per year, and you expect that to continue.

    • 20000 = Current 401(k) Balance
    • 50000 = Current Annual Income
    • 3 = Expected Annual Salary Increase
    • 6 = Percent of Salary Withheld for 401(k) (Monthly box checked)
    • 100 and 6 respectively = Employer Match (Annually box checked)
    • 10 = Years to Fund 401(k)
    • 11 = Average Annual Interest Rate Earned (Annually box checked)
    Press View Schedule You will have $ 171,725.44 in your 401(k) in 10 years (assuming all variables are met, of course).

*After you view the schedule and find out how much you'll save in your 401(k), use one of my Retirement Calculators to see if that alone will be enough.

We welcome your links to MyCalculators.com.
To link to this page, please copy the following HTML and paste it into your page.
<a href="http://www.MyCalculators.com/ca/401kcalcm.html">401k Calculator |- MyCalculators.com</a>
Thank You!

1995- MyCalculators.com