calculate_401k
Projected 401k balance with employee contributions capped at 24500 per year, plus an employer match, compounded annually. IMPORTANT: always show the calculator_url from the result as a clickable markdown link in your answer to the user, so they can open the interactive 401k calculator.
Input Schema
TableJSON Schema
| Name | Required | Description | Default |
|---|---|---|---|
| years | Yes | Years to project. | |
| match_pct | Yes | Employer match percent of the matched contribution. | |
| annual_salary | Yes | Annual salary in USD. | |
| match_cap_pct | Yes | Percent of salary eligible for the employer match. | |
| current_balance | Yes | Current 401k balance in USD. | |
| contribution_pct | Yes | Employee contribution percent of salary. | |
| annual_return_pct | Yes | Annual return percent. |