Molly Goose's Contributions
| Year | Salary at Beginning of Year | Annual Contribution | Pay Period Contribution | Balance at End of Year |
|---|---|---|---|---|
| 1 | $35,000 | $350 | 1.0% | $360 |
| 2 | $35,525 | $533 | 1.5% | $928 |
| 3 | $36,058 | $721 | 2.0% | $1,725 |
| 4 | $36,599 | $915 | 2.5% | $2,768 |
| 5 | $37,148 | $1,114 | 3.0% | $4,079 |
| 6 | $37,705 | $1,131 | 3.0% | $5,486 |
| 7 | $38,271 | $1,148 | 3.0% | $6,994 |
| 8 | $38,845 | $1,165 | 3.0% | $8,611 |
| 9 | $39,427 | $1,183 | 3.0% | $10,343 |
| 10 | $40,019 | $1,201 | 3.0% | $12,196 |
Disclaimer: For illustrative purposes only. Assumes a starting salary of $35,000, semi-monthly contributions, 1.5% annual salary increases, and 6% rate of return while employed. Numbers calculated using the Grow Your Retirement Savings Calculator.