Park tool — retirement savings with employer match

Calculate your 401(k) retirement savings with employer match.

The employer match is free money — leaving it on the table is the single most common retirement mistake. This calculator shows your total savings at retirement, broken down by what you contribute versus what your employer adds.

401(k) retirement calculator

Enter your salary, contribution rate, employer match details, expected return, and years until retirement. The result shows your projected balance with a breakdown of contributions from you and your employer.

Projected retirement balance
$1,247,830
You contributed
$281,250
Employer match
$26,563
Interest earned
$939,017

Your employer is contributing $1,063/month in free money. Without the match, your balance would be $1,221,267 — you'd leave $26,563 on the table.

Based on a $75,000 salary at 15% contribution with 50% match up to 6%, starting from $50,000 at 8% return over 25 years.

How it works

FV = PV(1 + r)^n + PMT × [((1 + r)^n − 1) / r]

Monthly contributions include both your share and the employer match. The employer match is calculated as: match = min(your contribution, max employer %) × match rate. Returns are compounded monthly.