Project your 401k or retirement savings balance from your contributions, employer match, and expected return.
Estimates only — not financial advice. Verify with your lender/advisor.
A retirement calculator projects your savings at retirement by compounding your current balance plus your ongoing monthly contributions, including any employer match, at an expected annual return until your retirement age.
Future value is A = B x (1 + i)^n + C x (((1 + i)^n - 1) / i), where B is your current balance, C is the monthly contribution (your part plus employer match), i is the monthly return, and n is the months until retirement. Estimates only, not financial advice.
Many employers match your contributions up to a percentage of salary. This calculator assumes a dollar-for-dollar match on the lesser of your contribution rate and the match cap. Real plans vary, such as 50 percent of the first 6 percent, so check your plan details.
A common long-run assumption for a diversified stock and bond portfolio is around 6 to 7 percent per year before inflation. Use a conservative figure, since actual returns vary and past performance does not guarantee future results.