my gross salary is 294,000 .Using the salary, set the default contribution to 3%, company match to 3% and Years Invested to the time difference of your current age and age 67 . (If you are 22 or younger, use 45 as years invested.) Select Rate of Return as 6%. What happens to your retirement funding if you increase your contribution level to 6% and then to 12% ? Please detail the amounts in dollars at contribution rates of 3%.6% and 12%, respectively.

What is the difference in value (dollar wise) of your retirement funds from a contribution of 3% to 12% ?

Do you think it would be a major sacrifice in your standard of living to go from a 3% to 12% contribution ?