Plan your retirement, maximize employer matching, and see how your 401(k) can grow over time with compound interest.
e.g., 50% means $0.50 for every $1 you contribute
e.g., 6% means match applies up to 6% of your salary
A common match is "50% up to 6%"—meaning your employer contributes $0.50 for every $1 you contribute, but only on the first 6% of your salary. If you earn $75,000 and contribute 6% ($4,500/year), your employer adds $2,250. That's an instant 50% return!
The 4% rule suggests you can withdraw 4% of your retirement savings annually without running out over 30 years. We use this to estimate your monthly retirement income.
The IRS limits 401(k) contributions to $23,000/year ($30,500 if 50+). This calculator doesn't enforce limits, so ensure your contributions stay within legal bounds.