Estimate how much your retirement savings could grow by your target retirement age.
Frequently Asked Questions
How does employer match affect my 401k growth?
An employer match effectively increases your monthly contribution for free — a 50% match on a $500 contribution adds another $250/month, which compounds over your entire working career.
What return rate should I use?
Many long-term retirement calculators use 6-8% as a historical average for a diversified stock portfolio, though actual returns vary year to year and are never guaranteed.
Does this account for inflation?
No, this shows a nominal future balance. To estimate purchasing power in today's dollars, you would need to subtract an assumed inflation rate from your return rate.