Free 401k Calculator - Maximize Your Retirement Savings
Calculate 401k growth with employer match and see your retirement potential. Best free 401k calculator 2025 - instant projections, contribution analysis.
Quick Answer
A 401k calculator projects how your retirement account will grow based on contributions, employer match, and investment returns. At practicalwebtools.com, enter your salary, contribution rate, employer match, and expected return to see your 401k at retirement. The 2025 contribution limit is $23,500 ($31,000 if 50+).
Key Facts about 401k Calculator:
- 2025 401k contribution limit: $23,500 ($31,000 if 50+)
- Average employer match: 4.7% of salary
- Not taking full employer match = leaving free money on the table
- Traditional 401k: Pre-tax contributions, taxed at withdrawal
- Roth 401k: After-tax contributions, tax-free withdrawals
- Early withdrawal penalty: 10% plus income tax (before 59.5)
- Required Minimum Distributions start at age 73
Why Use Our 401k Calculator?
Maximize your 401k:
Growth Projection
See 401k growth to retirement.
Employer Match
Calculate the value of your match.
Contribution Analysis
Find optimal contribution rate.
Tax Impact
Traditional vs Roth comparison.
Instant Results
Get projections immediately.
100% Private
Your retirement data stays private.
How to 401k Calculator in 3 Easy Steps
Plan your 401k:
Enter Salary & Contribution
Your income and contribution rate.
Add Employer Match
Match percentage and vesting.
See Projection
View 401k growth to retirement.
Build Retirement Wealth
Understand the power of employer match
See how contribution rate affects retirement
Plan to maximize tax advantages
Project your retirement wealth clearly
Common Use Cases for 401k Calculator
Essential for:
Frequently Asked Questions
Everything you need to know about our 401k calculator
How much should I contribute to my 401k?
At minimum get full match; ideally 15% of income; max if possible.
At minimum, contribute enough to get full employer match. Ideally, contribute 15% of income (including match). Max out if you can ($23,500 in 2025).
What is a 401k employer match?
Company contributes based on your contribution - free money.
Employer match is when your company contributes to your 401k based on your contributions. Common: 50% match up to 6% = if you contribute 6%, employer adds 3%.
Traditional vs Roth 401k?
Traditional: tax now; Roth: tax later. Roth better if future taxes higher.
Traditional: Pre-tax now, pay tax at withdrawal. Roth: Pay tax now, tax-free withdrawal. Roth is better if you expect higher tax rates in retirement.
What happens if I withdraw early?
10% penalty + income tax before 59.5; some exceptions exist.
10% penalty plus income tax on traditional 401k withdrawals before age 59.5. Some exceptions exist (hardship, SEPP). Roth contributions can be withdrawn penalty-free.
What is the 401k limit for 2025?
$23,500 ($31,000 if 50+); total with match $70,000-$77,500.
$23,500 for employee contributions, plus $7,500 catch-up if 50+. Total including employer match: $70,000 (or $77,500 if 50+).
Still have questions? Try the tool yourself!
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