How to Use the 401K Calculator？

1. Enter Your Information

• Annual Salary: Enter your current annual salary before taxes and deductions.
• Monthly Contribution (%): Specify the percentage of your monthly salary that you contribute to your 401(k).
• Current Age: Enter your current age.
• Retirement Age: Specify the age at which you plan to retire.
• Expected Rate of Return (%): Enter the annual rate of return you expect on your 401(k) investments.
• Current 401(k) Balance: Enter your current 401(k) account balance.
• Employer Match (%): Enter the percentage that your employer matches on your contributions.
• Salary Limit for Employer Match (%): Enter the salary limit up to which your employer matches contributions.

2. Calculate

Click the “Calculate” button to generate your estimated retirement balance and total contributions.

3. Review Results

The results section will display:

• Your estimated retirement balance.
• Total employee contributions.
• Total employer contributions.

Also, a chart will visualize your 401(k) balance over time, showing how it grows until your retirement age.

4. Adjust Inputs

You can adjust the input values and click “Calculate” again to see updated results based on different scenarios.