Interactive tools
What is the impact of increasing my 401(k) contribution?
When determining the amount you set aside each paycheck to contribute to your 401(k), there are a number of factors to consider to ensure that you can reach your retirement goals.You should consider when you are planning to retire, what your current 401(k) balance is, what you are invested in and how much you save each pay period. This calculator will help you determine the impact of increasing the percentage of your paycheck that you contribute to your 401(k) savings and the impact to your retirement savings outlook.