Have you ever wondered if you keep on contributing to your 401k (or 401b or 457 accounts), with company matches and after age 50 step up contributions, how much your 401k balance will be at the time of retirement?
The following calculator answers this questions.
The key inputs are the following:
Just enter the key inputs needed to the yellow area, and you will find out how much pre-tax 401K account balance will be!
The following calculator answers this questions.
The key inputs are the following:
- Your current 401K account's balance
- How much you will contribute to 401K each year (separated into two periods - prior to age 50 and after age 50 so it can capture the after 50 stepped up contributions)
- Number of years you will contribute to 401K
- Average annual growth rate
Just enter the key inputs needed to the yellow area, and you will find out how much pre-tax 401K account balance will be!
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