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How much retirement income may my 401(k) provide?

It may surprise you how significant your retirement accumulation may become simply by saving a small percentage of your salary each month in your 401(k) plan. Further, it may be useful to estimate your future monthly income generated by these savings and what that means in today's dollars.

I'm hopingto retire in
years.
I make
$
a yearand expectit to increase
%
every year.
I've alreadysaved
$
in my 401(k)and contribute
%
My employer's401(k) matchis
%
of mygross income.I estimatethat my returnwill bebetween
%
and
%
.
When I retire,I'm lookingto plan for
years of incomeand figure thatinflation willhover around
%
on average.
Investing thebalance ofmy retirementsavingsshould fetchan averagereturn of
%
.

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