By contributing 8.00% of your salary to your retirement plan you may accumulate a plan balance of $1,413,972 at retirement at an out-of-pocket cost of just $87,970.<table class='pure-table' role='grid'><tr><th class='section'>Accumulation analysis</th><th scope="col">(%)</th><th scope="col">($)</th></tr><tr><td>Your contribution</td><td>8.0%</td><td>$13,600</td></tr><tr><td>Employer match</td><td>100.0%</td><td>$5,100</td></tr><tr><td>Maximum employer contribution</td><td>3.0%</td><td>$5,100</td></tr><tr><td>Your cumulative contributions</td><td></td><td>$87,970</td></tr><tr><td>Employer cumulative contributions</td><td></td><td>$32,989</td></tr><tr><td>Total before-tax value in year 6</td><td></td><td>$1,413,972</td></tr></table> <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "StackedColumn2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='0' showFCMenuItem='0' decimals='0' formatNumberScale='0' legendPosition='RIGHT' reverseLegend='1' caption='Retirement Plan Accumulation' xAxisName='Year' numberPrefix='$' bgColor='FFFFFF' showBorder='1' borderColor='FFFFFF' borderThickness='1' canvasBgColor='ffffff' showAlternateHGridColor='0' plotGradientColor='' numberSuffix='' thousandSeparator=',' decimalSeparator='.'><categories><category label='1' /><category label='2' /><category label='3' /><category label='4' /><category label='5' /><category label='6' /></categories><dataset seriesName='Current Balance'><set value='780000.0' /><set value='780000.0' /><set value='780000.0' /><set value='780000.0' /><set value='780000.0' /><set value='780000.0' /></dataset><dataset seriesName='Your Contribution'><set value='13600.0' /><set value='27608.0' /><set value='42036.0' /><set value='56897.0' /><set value='72204.0' /><set value='87970.0' /></dataset><dataset seriesName='Employer Match'><set value='5100.0' /><set value='10353.0' /><set value='15764.0' /><set value='21336.0' /><set value='27077.0' /><set value='32989.0' /></dataset><dataset seriesName='Interest Growth'><set value='65657.0' /><set value='138353.0' /><set value='218720.0' /><set value='307445.0' /><set value='405273.0' /><set value='513012.0' /></dataset></chart>"); // --> </script> <table class='pure-table pure-table-bordered' role='grid'><tr><th scope="col">Year</th><th scope="col">Beginning Balance</th><th scope="col">Your Contribution</th><th scope="col">Employer Contribution</th><th scope="col">Interest @ 8.0%</th><th scope="col">Ending Balance</th></tr><tr><td role="rowheader" scope="row">1</td><td>$780,000</td><td>$13,600</td><td>$5,100</td><td>$65,657</td><td>$864,357</td></tr><tr><td role="rowheader" scope="row">2</td><td>864,357</td><td>14,008</td><td>5,253</td><td>72,696</td><td>956,314</td></tr><tr><td role="rowheader" scope="row">3</td><td>956,314</td><td>14,428</td><td>5,411</td><td>80,367</td><td>1,056,520</td></tr><tr><td role="rowheader" scope="row">4</td><td>1,056,520</td><td>14,861</td><td>5,573</td><td>88,725</td><td>1,165,679</td></tr><tr><td role="rowheader" scope="row">5</td><td>1,165,679</td><td>15,307</td><td>5,740</td><td>97,828</td><td>1,284,554</td></tr><tr><td role="rowheader" scope="row">6</td><td>1,284,554</td><td>15,766</td><td>5,912</td><td>107,740</td><td>1,413,972</td></tr></table>