What is the impact of increasing my 401(k) contribution?

It may surprise you how significant your retirement accumulation may be simply by increasing the percent of your salary that you save each month in your 401(k). Use this calculator to estimate how much more you could accumulate taking into account any employer match (if applicable).
Common Assumptions
Years until retirement 
Current annual income ($) 
Annual salary increases (%)help
Plan Information
Current 401(k) balance ($) 
Annual before-tax return on savings (%)help
Pay period frequency 
Employer match (%) 
Maximum employer match (%) 
Contribution Information
Current 401(k) plan contribution (%) 
Proposed 401(k) plan contribution (%)
Be sure to enter a number greater than your current contribution.

About Smart401k

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. This service shall not infer that the company assumes any fiduciary duties. In addition, such service should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

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