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Money Tools › 401(k) Calculator
Free money tool

401(k) Calculator

A 401(k) grows from three things working together: what you put in, what your employer adds, and years of compounding. Slide your salary, contribution rate, match, and return to project your future balance. Pay special attention to how much the match contributes on its own.

About $1,057,308 after 30 years. Your employer’s match adds $2,400/year of free money — $72,000 in contributions alone before growth.

Worked examples

Real results from this calculator, computed for a few common scenarios. Move the sliders above to run your own numbers.

Annual salary = $116,000About $1,533,097 after 30 years. Your employer’s match adds $3,480/year of free money — $104,400 in contributions alone before growth.
Annual salary = $260,000About $3,436,252 after 30 years. Your employer’s match adds $7,800/year of free money — $234,000 in contributions alone before growth.
Annual salary = $404,000About $5,339,406 after 30 years. Your employer’s match adds $12,120/year of free money — $363,600 in contributions alone before growth.

Your next step

How this math works

Your contribution is a percent of your salary set aside each year, and the employer match adds a percent of what you contribute up to a cap stated as a percent of salary. We add both streams every month and let the balance compound at your chosen return until retirement.

The employer match is the closest thing to free money in personal finance, since it is extra pay you only receive by contributing. Contributing at least enough to capture the full match is almost always the highest-return move available to you.

Common questions

How does the employer match work?

Your employer adds a percent of what you contribute, up to a cap measured against your salary. A common setup is 50 percent of your contributions up to 6 percent of salary, which we use as the default.

Why should I get the full match?

The match is additional compensation you earn only by contributing, so leaving it on the table is leaving guaranteed money behind. It is usually the first goal before any other investing.

Is the projected return guaranteed?

No. The annual return you set is an assumption, and real markets rise and fall year to year. Use the projection as a planning guide, not a promise.

Put this calculator on your website

Bloggers, teachers, credit unions, HR teams: embed the live 401(k) Calculator free. Copy the snippet below — the tool keeps working and stays up to date automatically, no maintenance on your side.

Just so you know: DollarFlourish is an educational publisher, not a financial, tax, or investment advisor. Numbers and rates change. Verify anything important with a licensed professional before acting on it. Some links on this site may earn us a commission at no cost to you. See how we review.

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