Do you know how much you need to save for your retirement? Download this 401k calculator and find out how much money you can expect when you retire.
Why should you use a 401k?
A 401(k) provides you with 2 important advantages. Did you know that all contributions and earnings to your 401(k) are tax deferred? You will only pay taxes on contributions and earnings when the money is withdrawn. Secondly, many employers will provide matching contributions to your 401(k) account. This can range from 0% to 100% of your contributions.
The combined result of these contributions is a retirement savings plan you shouldn't ignore.
Start planning for your future today! Download our free 401k Calculator app.
401(k) Plan Assumptions that you need to enter for an accurate calculation:
Current Age
Age at Retirement
Current 401(k) Balance
Current Annual Salary
Annual Increase in Salary
% of Salary to Contribute
Employer Match (% of contrib.)
Employer Maximum (% of salary)
Annual Rate of Return
Payments Per Year
Summary of Results include:
Ending Salary
Your Contributions
Employer Contributions
Total Contributions
You will also see detailed payments schedule year by year.
Disclaimer: This app is made for informational purposes. It is made available to you as a self-help tool for your independent use and isn't intended to provide investment advice.
We do not guarantee it's applicability or accuracy in regards to your individual circumstances.
For more information about your personal finance issues please seek advice from qualified professionals
Why should you use a 401k?
A 401(k) provides you with 2 important advantages. Did you know that all contributions and earnings to your 401(k) are tax deferred? You will only pay taxes on contributions and earnings when the money is withdrawn. Secondly, many employers will provide matching contributions to your 401(k) account. This can range from 0% to 100% of your contributions.
The combined result of these contributions is a retirement savings plan you shouldn't ignore.
Start planning for your future today! Download our free 401k Calculator app.
401(k) Plan Assumptions that you need to enter for an accurate calculation:
Current Age
Age at Retirement
Current 401(k) Balance
Current Annual Salary
Annual Increase in Salary
% of Salary to Contribute
Employer Match (% of contrib.)
Employer Maximum (% of salary)
Annual Rate of Return
Payments Per Year
Summary of Results include:
Ending Salary
Your Contributions
Employer Contributions
Total Contributions
You will also see detailed payments schedule year by year.
Disclaimer: This app is made for informational purposes. It is made available to you as a self-help tool for your independent use and isn't intended to provide investment advice.
We do not guarantee it's applicability or accuracy in regards to your individual circumstances.
For more information about your personal finance issues please seek advice from qualified professionals
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