401(k) Calculator

Project your 401(k) retirement balance based on your salary, contribution rate, employer match, and expected return. Based on 2024 IRS contribution limits.

$
$
%
%
%
%
%
2024 IRS limit: $23,000 ($30,500 if age 50+)

Estimate how your 401k balance will grow over time with our free 401k calculator, factoring in your contributions, employer match, and expected investment returns.

How 401k Growth Is Projected

Your 401k balance grows through your contributions, employer matching contributions, and compound investment returns over time.

How to Use This Calculator

  1. Enter your current 401k balance
  2. Enter your annual contribution amount or percentage of salary
  3. Enter your employer match percentage
  4. Enter expected annual return and years until retirement
  5. Click Calculate to see your projected balance

Frequently Asked Questions

What's the 401k contribution limit?

Contribution limits are set annually by the IRS and typically increase most years, check the current year's limit.

Should I always contribute enough to get the full employer match?

Generally yes, employer match is essentially free money.

What's the difference between traditional and Roth 401k?

Traditional 401k contributions are pre-tax; Roth 401k contributions are after-tax with tax-free withdrawals.

Can I lose money in my 401k?

Yes, since 401k funds are typically invested in the market, balances can decrease during market downturns.