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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: Helvegen on May 22, 2015, 05:05:08 PM

Title: 401k Calculator
Post by: Helvegen on May 22, 2015, 05:05:08 PM

I am having trouble trying to find a calculator that allows for two kinds of employer contribution.

At my job now, we get a 50% match up to 6%. In addition, this year we are getting 2% of our salary deposited to the 401k, broken up over the 26 payperiods. Next year, this number rises to 4% for a total match of 7% on 6%. All the calculators I have found assume only the first part exists. I can't find any that will calculate for additional contributions or maybe I am just looking in the wrong places?

Title: Re: 401k Calculator
Post by: Cheddar Stacker on May 22, 2015, 05:07:42 PM

Did you try cfiresim?

Title: Re: 401k Calculator
Post by: forummm on May 23, 2015, 08:05:14 AM

Is the change a permanent change? If so, just use the permanent numbers starting now, but subtract that amount you're not getting now as a one-time subtraction. It's a decent approximation.