Calculator: What is the impact of increasing my 401(k) contribution?

Assumptions

Plan Info

Contribution Information

Comparison AnalysisCurrent CourseProposed Course
Your Contribution (as % of salary)3%5%
Employer Match (as % of contribution)100%100%
Maximum Match (as % of salary)3%3%
Your Cumulative Contributions$49,992.33$83,320.55
Employer Cumulative Contributions$49,992.33$49,992.33
Total Value in Year 35$790,732.29$955,740.75
Increase in Value$165,008.47
Additional Cost$33,328.22