Assessing a 401(k) Financial Goal

This calculator is a tool to allow you to estimate how to meet a goal. It is not intended for any purpose other than an assessment. Enter whole $ amounts without commas. The return rate for this calculator is set at 5% and cannot be altered. We recommend using this tool to get an understanding of how to achieve a goal and to understand how contributions and compounded interest contribute to your goal.

We recommend setting a goal at 5 years (60 months).  You can then see how first year savings will accrue and then look at the plan to your actual results.

We are planning to provide a more sophisticated planning tool in the near future. Comments and suggestions are welcome.

Projecting A Financial Goal

Enter Your 401(k) Financial Goal

Amount:$

Enter Your Current 401(k) Funds Committed to this Goal

Amount:$ These are the funds you currently have committed for this goal

Enter Your Monthly 401(k) Contribution:$

Enter Employer's' Monthly 401(k) Contribution:$

Enter the number of months to complete the Goal:




Start Value

Total:$

Goal Term

Months:

One Year Goal Estimate

  Projected Total     Projected Contributions     Projected Performance

$   $   $

Completed Goal Estimate

  Projected Total     Projected Contributions     Projected Performance

$   $   $