Power of Compound Interest

It may surprise you how significant your retirement accumulation may become simply by saving a small percentage of your salary each month in your 401(k) plan. Use this calculator to estimate how much your plan may accumulate for retirement.
Common Assumptions
Years until retirement 
Current annual income ($) 
Annual salary increases (%) 
Plan Information
Current 401(k) balance ($) 
Pay period frequency 
Annual before-tax return on savings (%)help
Employer match (%) 
Maximum employer match (%) 
Contribution Information
Current before-tax 401(k) plan contribution (%) 
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. Neither CalcXML, the plan sponsor, nor Alight Solutions, LLC or its subsidiaries and affiliates have any fiduciary duties, responsibilities or liabilities regarding your use of this tool. No tax, investment, financial or legal advice is offered or given by this tool. In addition, information provided by this tool is intended to be an aid in your financial planning and should not be relied upon as the only source of information for you to consider. The information and calculations are intended to be illustrative and are supplied from sources we believe to be reliable, but we cannot guarantee their accuracy. Because your circumstances are unique, you need to assess your own situation and you may want to consult your tax or financial advisor for guidance. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

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