Simple 401k
Your company-sponsored retirement plan is one of your most powerful wealth-building tools. Understanding how your current contributions (and employer matching) compound over time is essential for a secure future. Use this tool to project your growth and see how small changes today can significantly increase your income potential.
Your Information
Projected Retirement Savings
Contribution Breakdown
401(k) Growth Projection
Are you leaving money on the table? Maximizing your employer match is a "guaranteed" return, but your total 401(k) strategy should also account for tax diversification and investment selection. Let's look at your current allocation to see if it aligns with your risk tolerance and long-term retirement goals.
This is a hypothetical example used for illustrative purposes only. This worksheet provides estimates based on certain assumptions, including an employer match. The rate of return on investments will vary over time, particularly for longer-term investments. Investments that offer the potential for high returns also carry a high degree of risk. Actual returns will fluctuate.
Have A Question About This Topic?
Related Content
Fallen Tree Damage—Who Pays?
Your liability for damages that occur when a tree on your property falls on your neighbor’s property is not clear cut.
A Primer on Irrevocable Life Insurance Trusts
Irrevocable life insurance trusts can be important tools that may accomplish a number of estate objectives.
Weighing the Benefits of Prepaid Debit Cards
It's important to understand the pros and cons when considering a prepaid debit card.