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Version: 1.0

🧮 401k Calculator

Figure 1 Figure 2 Figure 3 Figure 4 Figure 5 Figure 6

This tool helps you calculate your 401(k) retirement savings growth over time.

📅 Input Fields​

1. Current Age​

  • Enter your current age in years.
  • Example: 30

2. Retirement Age​

  • Enter the age you plan to retire.
  • Example: 65

3. Current 401(k) Balance​

  • Enter your current 401(k) account balance.
  • Example: $10,000

4. Annual Contribution​

  • Enter your annual contribution to your 401(k).
  • Example: $6,000

5. Employer Match​

  • Enter your employer's matching contribution percentage.
  • Example: 50%

6. Annual Return Rate​

  • Enter the expected annual return rate.
  • Example: 7%

🔵 Action​

▶️ Calculate Button​

  • Click the "Calculate" button after entering all the required information.
  • The system will instantly display the result.

📊 Output Information​

You will receive the projected 401(k) balance at retirement, including:

MetricExample Output
Final Balance$1,234,567
Total Contributions$210,000
Employer Match$105,000
Investment Returns$919,567

Also shown:

  • 📆 A chart showing the growth of your 401(k) over time
  • 💡 Breakdown of contributions vs. investment returns

📝 Example Use Case​

If you are 30 years old with $10,000 in your 401(k), planning to retire at 65, contributing $6,000 annually with a 50% employer match and expecting 7% annual returns:

  • Result: $1,234,567 at retirement

✅ Tips​

  • This calculator is helpful for:

    • Retirement planning
    • Understanding the power of compound interest
    • Evaluating different contribution scenarios
    • Assessing the impact of employer matches