401(k) Catch-Up Contributions
Once you turn 50, you can put extra money into your 401(k) each year, and from 60 through 63 the extra amount is even higher. Enter what you expect to have at 60 to see how much more you could have at 67 by using these catch-up contributions.
About these numbers
Assumes you contribute the full 2026 limits at the end of each year from age 60 through 66 and read the balance at 67, with limits held at 2026 levels (they usually rise with inflation). Employer contributions, taxes, and fees are not included. Monthly income assumes the extra savings keep earning the same rate and are paid out in equal monthly amounts over the years you choose. Your plan must allow catch-up contributions.
This calculator is a hypothetical illustration for educational purposes only. Results are based on the assumptions you enter and the method described above, may vary with each use and over time, do not reflect any specific investment or the deduction of fees or taxes unless stated, and are not a guarantee of future results. The tool does not consider every investment, account type, or strategy that may be available to you. It is not investment, tax, or legal advice. Investing involves risk, including possible loss of principal. 4:8 Financial does not provide tax or legal advice; please consult your CPA or attorney regarding your specific situation.
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