401(k) Growth Calculator
Project the future value of your 401(k) investments.
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The Magic of Compound Growth in Your 401(k)
Your 401(k) is one of the most powerful tools for retirement savings, thanks to tax advantages and employer matching. But its true power comes from compound growth.
Compound Growth: This is when your investment earnings start generating their own earnings. Over decades, this effect can be explosive. This tool demonstrates that by projecting your 401(k) balance over time.
Key Factors:
- Your Contribution: How much you save from each paycheck.
- Employer Match: Free money! Always contribute enough to get the full match.
- Annual Return: The average rate of return on your investments.
- Time: The longer your money is invested, the more it can grow.