How much money does AARP have in a 401(k)?

You’ll have $131,064 in your account, according to AARP’s 401 (k) calculator. John Waggoner covers all things financial for AARP, from budgeting and taxes to retirement planning and Social Security. Previously he was a reporter for Kiplinger's Personal Finance and USA Toda y.

What is the AARP retirement calculator?

The AARP Retirement Calculator helps you refine that estimate. The tool bases its answer on three big variables: How long you plan to save, how long you need your savings to last and what kind of returns you expect to earn on them. Follow these precepts to help reach your goal: Save as much as you can.

Can a 401(k) be an effective retirement tool?

A 401 (k) can be an effective retirement tool. As of January 2006, there is a new type of 401 (k) contribution. Roth 401 (k) contributions allow you to contribute to your 401 (k) account on an after-tax basis and pay no taxes on qualifying distributions when the money is withdrawn.