FinanceUpdated Aug 2026

401(k) Calculator

Project your retirement balance based on your salary, contribution rate, employer match, and expected return. Includes 2026 IRS limits.

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Updated 2026

What is a 401(k)?

A 401(k) is an employer-sponsored retirement account that lets you contribute pre-tax or Roth dollars directly from your paycheck, often with a matching contribution from your employer. Contributions grow tax-deferred until withdrawal in retirement, and the IRS caps how much you can put in each year. The calculator below projects your 401(k) balance at retirement based on your current salary, contribution rate, employer match, expected return, and years to retirement.

401(k) Retirement Projection

Common: 100% match up to 3%, 50% match up to 5%

Historical S&P 500 nominal: ~10%; conservative: 6-7%

Result at age 65

Projected balance:

$1,888,600

Total contributions (you + employer):

$498,812

Investment growth:

$1,364,788

Lifetime tax savings (Traditional):

$109,739

Years to retirement:

35

Avg monthly retirement income (4% rule):

$6,295/mo

2026 IRS limits applied: employee deferral up to $24,500; catch-up $8,000 for age 50+; $11,250 enhanced catch-up for ages 60–63 (SECURE 2.0); total annual addition $72,000. Returns modeled as constant annual compounding; real portfolios vary year to year.

2026 IRS 401(k) Contribution Limits

CategoryLimit
Employee elective deferral$24,500
Catch-up contribution (age 50+)$8,000
Enhanced catch-up (ages 60–63, SECURE 2.0)$11,250
Total annual addition (employee + employer, IRC §415(c))$72,000
Highly Compensated Employee threshold$160,000

Source: IRS Retirement Plan Contribution Limits. Plan document terms can impose additional restrictions.

Verified accuracy

Cross-checked against authoritative formulas (IRS, NIST, ACM) and updated for 2025/2026 tax years and rates.

Instant results

No server roundtrip. All math runs in your browser so results appear the moment you finish typing.

Your data stays private

We never collect, store, or transmit your inputs. Every calculation runs locally in your browser.

Learn as you calculate

Each calculator includes the formula, plain-English explanation, and FAQs so you understand the result.

Estimates only. Calculator results are for educational and planning purposes — not professional advice. For binding decisions on taxes, investments, health, or legal matters, consult a qualified professional.

FAQ

Frequently asked questions

Everything you need to know about this calculator. Can't find what you're looking for? Email our team.

A 401(k) calculator is a free retirement planning tool that projects how much your 401(k) account will grow by retirement. Our 401(k) calculator factors in current balance, salary, employee contribution rate, employer match, salary growth, expected investment return, and years to retirement. The 401(k) calculator also shows lifetime tax savings for Traditional contributions and the estimated monthly retirement income from the projected balance.

How it works

How to project your 401(k) balance at retirement

Our 401(k) calculator projects how your account grows over time based on your salary, contributions, employer match, and expected return.

  1. 1

    Pick Traditional or Roth

    Choose Traditional for pre-tax contributions and a tax break now, or Roth for after-tax contributions and tax-free withdrawals later. The 401(k) calculator applies the matching tax treatment throughout the projection.

  2. 2

    Enter your age and target retirement age

    Type your current age and the age you plan to retire. The 401(k) calculator uses the difference as the projection horizon.

  3. 3

    Enter salary, balance, contribution, and match

    Type your current annual salary, current 401(k) balance, your contribution percentage, and your employer's match rate and cap. The 401(k) calculator caps your contribution at the IRS elective deferral limit and applies the 415(c) annual addition limit.

  4. 4

    Set growth and return assumptions

    Enter expected annual salary growth (3% is typical) and expected annual return on investments (7% is a common conservative estimate; 10% matches historical S&P 500). The 401(k) calculator models these as constant rates for simplicity.

  5. 5

    Read the result

    The 401(k) calculator shows your projected balance at retirement, total contributions, total investment growth, lifetime tax savings (Traditional), and an estimated monthly income using the 4% safe-withdrawal rule.

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