Finance
Retirement savings
Project a retirement balance from current savings and regular monthly contributions.
Calculators / Finance / 401(k) and workplace retirement
401(k) and workplace retirement calculator
Project an employee retirement account including an employer match.
On this page
Projected balance382,105.78
Annual combined contribution5,400
Calculator controls
How to calculate
Project an employee retirement account including an employer match.
Projected balance = current*(1+return/100)^years+(salary*(employee+match)/100)*((1+return/100)^years-1)/(return/100); Annual combined contribution = salary*(employee+match)/100
Worked example
Annual salary: 60000; Employee contribution (%): 6; Employer match (%) of salary: 3; Current balance: 20000; Annual return (%): 6; Years: 25.
Projected balance: 382,105.78 ; Annual combined contribution: 5,400 .
Assumptions and limits
This generic workplace-plan estimate does not enforce country-specific contribution, tax, vesting or withdrawal rules.
Results are rounded for display; calculations use unrounded values. Read our calculation methodology.
Understanding the result
Project an employee retirement account including an employer match. The displayed figures use the inputs and formula shown on this page.
When this tool is useful
Use the 401(k) and workplace retirement to compare a scenario, check an estimate, or verify a manual calculation.
Understanding your inputs
| Input | What to enter |
|---|---|
| Annual salary | Enter a number of at least 0.000001 and no more than 1000000000000. |
| Employee contribution (%) | Enter a number of at least 0 and no more than 100. |
| Employer match (%) of salary | Enter a number of at least 0 and no more than 100. |
| Current balance | Enter a number of at least 0 and no more than 1000000000000. |
| Annual return (%) | Enter a number of at least 0.000001 and no more than 100. |
| Years | Enter a number of at least 0.01 and no more than 100. |
Frequently asked questions
What should I check before using the 401(k) and workplace retirement result?
This generic workplace-plan estimate does not enforce country-specific contribution, tax, vesting or withdrawal rules.
Is this 401(k) and workplace retirement result exact?
It is exact for the stated mathematical model and entered values. Real-world results can differ when rates, timing, fees, definitions or measurement conditions differ.