401K Calculator
The 401(k) Calculator can estimate a 401(k) balance at retirement as well as distributions
in retirement based on income, contribution percentage, age, salary increase, and investment return.
It is mainly intended for use by U.S. residents.
| Balance at 65 |
|---|
| Total contributions: |
|
| Employee contributions: |
|
| Employer match: |
|
| Investment returns: |
|
Withdrawal
If withdrawing at fixed purchasing power monthly,
per month
can be withdrawn from age 66 and increase 3% per year until 85.
It is equivalent to
in purchasing power today.
If withdrawing at fixed amount monthly,
per month can be withdrawn in
retirement until 85. At 66, this is equivalent to
in purchasing power today,
and at 85, is equivalent to .
If withdrawing at fixed amount annually,
per year can be withdrawn in
retirement until 85. At 65, this is equivalent to
in purchasing power today,
and at 85, is equivalent to .
| Age |
Contribution |
Investment return |
End balance |
Age (Retired if withdraw a fixed amount annually) |
Payout |
Investment returns |
End balance |
401(k) Early Withdrawal Costs Calculator
Early 401(k) withdrawals will result in a penalty. This calculation can determine
the actual amount received if opting for an early withdrawal.
Amount to Receive:
Total Tax and Penalty:
Penalty:
Federal Income Tax :
State Income Tax :
Local Income Tax :
Maximize Employer 401(k) Match Calculator
Contribution percentages that are too low or too high may not take full advantage
of employer matches. If the percentage is too high, contributions may reach the IRS
limit before the end of the year. As a result, employers will not match for the rest
of the year. This calculation can show the contribution percentage window in order to
take full advantage of the employer’s matching contributions.