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401k Retirement Calculator

 
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Max employee contribution is $19,500
If you invest in a 401k plan from now until age and contribute just % of your annual salary to it, you could have $ at retirement…instead of having just $ to spend during those working years. Your employer match is anticipated to be which is like getting free money.
Disclaimer: This information is presented without warranty and is intended to show the growth of your investments through compound interest growth in a 401k retirement plan.
 
Age Salary Employee 401k Contribution Employer Matching 401k Contribution Anticipated Interest Earned Anticipated 401k Value Potential Tax Savings
Disclaimer: This information is presented without warranty and is intended to show the growth of your investments through compound interest growth in a 401k retirement plan.
 
  1. This is a very simple calculator that is meant to help you understand the value of investing in a 401k plan that has a matching contribution from your employer.
  2. The maximum amount you can contribute in 2021 to a 401(k) as an employee is $19,500. If you are 50, or older, you can also make a “catch-up” contribution, which for 2021 is limited to $6,500. This means you could contribute up to $26,000 if you are 50 or older.” This model does not account for possible “catch-up” contributions.