Retirement Calculator

See how retirement contributions affect your current paycheck and plan for long-term financial security. Optimize your 401(k), IRA, and other retirement savings.

Retirement Contribution Calculator

Income Information

Retirement Contributions

2025 limit: $23,500 ($31,000 if 50+)

2025 limit: $7,000 ($8,000 if 50+)

2025 limit: $7,000 ($8,000 if 50+)

Fill in your salary information above and click “Calculate Retirement Impact” to see the results.

2025 Retirement Contribution Limits

401(k) Plans

Employee Contribution$23,500
Age 50+ Catch-up+$7,500
Total Limit (50+)$31,000
Total w/ Employer$70,000

Traditional & Roth IRA

Annual Contribution$7,000
Age 50+ Catch-up+$1,000
Total Limit (50+)$8,000
* Income limits apply for deductibility and Roth eligibility

HSA (Triple Tax Advantage)

Individual$4,150
Family$8,300
Age 55+ Catch-up+$1,000
* Requires High-Deductible Health Plan

Retirement Savings Strategy

Contribution Priority Order

  1. 1
    Emergency Fund: 3-6 months expenses in savings
  2. 2
    Employer Match: Get full company 401(k) match (free money!)
  3. 3
    High-Interest Debt: Pay off credit cards, personal loans
  4. 4
    Max IRA: $7,000 in Traditional or Roth IRA
  5. 5
    Max 401(k): Increase to $23,500 annual limit
  6. 6
    Taxable Investing: Additional retirement savings

Traditional vs Roth Decision

Choose Traditional If:

  • • Currently in high tax bracket
  • • Expect lower retirement tax rate
  • • Want immediate tax deduction
  • • Need to reduce current taxable income

Choose Roth If:

  • • Currently in low tax bracket
  • • Young with long investment horizon
  • • Want tax-free retirement withdrawals
  • • Expect higher future tax rates

Age-Based Savings Guidelines

20s
10-15%

Start early for compound growth. Focus on Roth accounts.

30s
15-20%

Increase contributions as income grows. Balance traditional/Roth.

40s
20-25%

Peak earning years. Maximize contributions and catch up if behind.

50+
25%+

Use catch-up contributions. Plan withdrawal strategies.

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