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401(k) Calculator with Employer Match

Free 401(k) calculator for 2026. Project your retirement balance with employer match, contribution limits, salary growth, and tax-deferred growth assumptions.

Published

Project your 401(k) balance at retirement. Model your contribution rate, employer match formula, salary growth, and expected return.

Example: 50% match up to 6% means you contribute 6%, employer adds 3% (50% × 6%).

Projected 401(k) at retirement

Your contributions

Employer match

Investment growth

Year-by-year balance

Age Balance You Employer
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Worked example

Take a 30 year old earning $100,000, with $50,000 already in the plan, contributing 10% of salary and receiving a 50% employer match on the first 6% of pay, with salary growing 3% a year and the portfolio returning 7% a year until age 65. In year one the employee puts in $10,000, comfortably under the 2026 employee limit of $23,500. The match counts only the first 6% of salary, so the employer adds 6% times 50%, which is 3% of $100,000, or $3,000. The balance grows from $50,000 to $63,000 in contributions, then earns 7%, ending year one near $67,410. Repeating this for 35 years, with contributions rising as salary grows, the balance compounds to roughly $3,268,090 at age 65. Of that, about $604,621 came from employee contributions, $181,386 from the employer match, and $2,432,083 from investment growth. After 3% inflation, that ending balance is worth about $1,161,425 in today's dollars.

Component Amount at age 65
Starting balance$50,000
Employee contributions$604,621
Employer match$181,386
Investment growth$2,432,083
Projected balance$3,268,090
What builds the $3.27M balance Growth $2.43M Starting balance: $50,000 Employee contributions: $604,621 Employer match: $181,386 Investment growth: $2,432,083

How it is calculated

The projection steps forward one year at a time from your current age to your target retirement age. Each year it computes your contribution as a percentage of that year's salary, caps it at the 2026 elective deferral limit of $23,500, or $31,000 once you reach 50 with the catch-up, and adds the employer match. The match applies your employer's match rate only to salary up to the match cap, which is why contributing above the cap earns no extra match. Contributions are added to the running balance, then the whole balance grows by your expected annual return, so earlier dollars compound for more years. Salary grows by your chosen raise rate each year, which lifts both your contribution and the match. The real value figure discounts the ending balance by your inflation assumption to show its purchasing power in today's dollars.

Frequently asked questions

What are the 2026 401(k) contribution limits?
The 2026 employee deferral limit is $23,500. If you are 50 or older, you can add a $7,500 catch-up contribution (total $31,000). The total combined employee + employer limit is $70,000 ($77,500 with catch-up). Confirm against IRS guidance for your specific situation.
How does employer matching work?
A common formula is "50% of your contributions up to 6% of salary", meaning if you contribute 6% the employer adds 3%. To capture the full match, your contribution percent must equal at least the match cap. Lower contributions leave money on the table.
Should I prioritize 401(k) match or paying down debt?
Most personal finance frameworks say: capture the full employer match first (it is a 100% return on the matched portion), then attack high-interest debt (anything above ~7%), then resume retirement maxing. Match is the highest-priority money in personal finance.
What return assumption should I use?
A typical default is 7% nominal (4% real, after 3% inflation) for a globally diversified stock-heavy portfolio. Be more conservative (5-6%) if your portfolio is bond-heavy or you want a margin of safety. Past performance does not guarantee future results.

Related calculators

Sources

  1. IRS Publication 560 — Retirement Plans for Small Business, Internal Revenue Service
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