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Calculator: How much you will lose on your 401k


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2013 Mar 27, 5:49am   841 views  3 comments

by tovarichpeter   ➕follow (7)   💰tip   ignore  

http://money.cnn.com/calculator/pf/retirement-fees/

The calculator assumes 3% annual salary growth, a 10% annual investment, a 4.1% inflation-adjusted annual return on investment and a retirement age of 65. Fees are based on the average expense ratio of all plan options offered by an individual employer.

Comments 1 - 3 of 3        Search these comments

1   Lam   2013 Mar 28, 10:25pm  

Interesting. I didn't fill in the 'company name' field. I dialed the annual salary down to the minimum 30K - wow, Walmart Inc' was automatically entered into the 'company name' field. Now that is what I call real Brand Recognition.

2   Philistine   2013 Mar 29, 12:22am  

Lam says

dialed the annual salary down to the minimum 30K - wow, Walmart Inc' was automatically entered

Odd. There can't be a single person making that much at a Walmart. Maybe the store manager of a top-producing door?

3   Philistine   2013 Mar 29, 12:28am  

Forgive my laziness--it's CNN junknews afterall--but does this calculator account for employer match? Maybe it's in the fine print, but I just assume CNN wouldn't have a very elegant methodology.

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