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It provides you with two important advantages. Javascript is required for this calculator. If you are using Internet Explorer, you may need to select to ‘Allow Blocked Content’ to view this calculator. For more information about these these financial calculators please visit: Dinkytown. Financial Calculators from KJE Computer Solutions, Inc. Since your contribution and any company match are based on the salary paid to you by your employer, do not include any income you may receive from sources other than your employer. So if you retire at age 65, your last contribution occurs when you are actually 64.

This calculator assumes that your return is compounded annually and your deposits are made monthly. The actual rate of return is largely dependent on the types of investments you select. 10 years ending December 31st 2017, had an annual compounded rate of return of 8. We assume that your salary will continue to increase at this rate until you retire. An employer contribution or match is in addition to your annual contributions. If it is based on a percentage of your annual salary enter that amount here and the dollar amount will be calculated. If it is based on an annual dollar amount, enter that amount here and the annual percentage will be calculated.