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401(k) Retirement Calculator
Calculate your retirement savings growth with employer matching and compound interest
Annual: $7,500
Max % of salary employer will match
Retirement Balance
$2,265,198
At age 65 (2060)
Years to retirement 35
Monthly contribution $625
Monthly employer match $9
Total contributions $453,466
Employer contributions $6,802
Investment growth $1,779,930
Retirement Income
Using the 4% withdrawal rule:
$90,608 annually
$7,551 monthly
42.9% of final salary
⚠️ Consider Increasing
Your projected income replaces 42.9% of your final salary. Most experts recommend 70-90%.
Balance Projections
| Age | Projected Balance | Annual Income (4% rule) |
|---|---|---|
| 30 | $25,000 | $1,000 |
| 35 | $85,827 | $3,433 |
| 40 | $183,022 | $7,321 |
| 45 | $334,897 | $13,396 |
| 50 | $568,560 | $22,742 |
| 55 | $924,071 | $36,963 |
| 60 | $1,460,555 | $58,422 |
| 65 | $2,265,198 | $90,608 |
401(k) Tips & Strategies
Maximizing Your 401(k)
- • Always get the full employer match
- • Increase contributions by 1% annually
- • Consider Roth 401(k) if available
- • Don't cash out when changing jobs
2024 Contribution Limits
- • Under 50: $23,000
- • 50 and over: $30,500
- • Total limit (with match): $69,000
- • Highly compensated: Special rules apply