401k Calculator for Android

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Developer’s Description

By Consurgo

401(k) Savings Calculator - Calculate how much you need to save for retirement

Do you know how much you need to save for your retirement? Download this 401k calculator and find out how much money you can expect when you retire.Why should you use a 401k? A 401(k) provides you with 2 important advantages. Did you know that all contributions and earnings to your 401(k) are tax deferred? You will only pay taxes on contributions and earnings when the money is withdrawn. Secondly, many employers will provide matching contributions to your 401(k) account. This can range from 0% to 100% of your contributions. The combined result of these contributions is a retirement savings plan you shouldn't ignore.Start planning for your future today! Download our free 401k Calculator app.401(k) Plan Assumptions that you need to enter for an accurate calculation:Current AgeAge at RetirementCurrent 401(k) BalanceCurrent Annual SalaryAnnual Increase in Salary% of Salary to ContributeEmployer Match (% of contrib.)Employer Maximum (% of salary)Annual Rate of ReturnPayments Per YearSummary of Results include:Ending SalaryYour ContributionsEmployer ContributionsTotal ContributionsYou will also see detailed payments schedule year by year.Disclaimer: This app is made for informational purposes. It is made available to you as a self-help tool for your independent use and isn't intended to provide investment advice. We do not guarantee it's applicability or accuracy in regards to your individual circumstances.For more information about your personal finance issues please seek advice from qualified professionalsContent rating: Everyone