Imagine what your 401k balance could be by the time your retirement comes? Our free 401k Calculator can help you estimate how much you could have after investing for a certain number of years. It takes into account your existing balance, annual raises in your salary, your employer’s contributions, and estimated rate of return on investment.
401K calculator Plan
Estimate your 401k balance for future. Enter your current age, age of retirement, your current balance, annual salary, expected annual raise in salary, your annual contribution, your employer’s matching contribution, and the expected annual rate of return.
One of the unique features of this calculator is the option to specify a random rate of return. One that changes from year to year.
You can also track your 401(k) balance over time using the Balance worksheet included in the workbook. It shows a graph comparing your contributions, your employer contributions, and the overall value of the account.