Roth IRA Calculator

Summary

Enter your current balance, annual contribution, expected return, and years to retirement to see your projected Roth IRA value at retirement.

How it works

1. Enter your current Roth IRA balance (enter 0 if starting fresh).
2. Set your planned annual contribution amount.
3. Adjust the expected annual return rate (historical average is around 7%).
4. Enter the number of years until you plan to retire.
5. Review your projected balance, total contributions, and tax-free growth.
6. Scroll down for a year-by-year breakdown table.

Use cases

• Estimating your Roth IRA balance at retirement.
• Comparing the impact of different annual contribution amounts.
• Visualizing the power of compound interest over time.
• Planning how many years of contributions are needed to reach a retirement goal.
• Understanding how return rate assumptions affect long-term savings.
• Demonstrating the tax-free growth advantage of a Roth IRA.

Frequently Asked Questions