401k Savings Calculator
Participating in a company-sponsored retirement plan can play a key role as you build assets for the future. But where are your contributions taking you? Use this calculator to get a better idea of what today's savings will mean for tomorrow.
Your Information
These are example values. Update them to reflect your own situation.
Projected Retirement Savings
$0
Were the results what you expected? If not, try adjusting your contribution rate and see how that changes things. Remember, your company plan is only one part of a retirement strategy.
Contribution Breakdown
401(k) Growth Projection
Once you reach age 73, you must begin taking required minimum distributions (RMDs) from your 401(k) or any other defined contribution plan in most circumstances. Withdrawals from your 401(k) or any other defined contribution plans are taxed as ordinary income and, if taken before age 59½, may be subject to a 10% federal income tax penalty.
