Enter your current age, annual contribution, starting balance, and expected rate of return to see your projected Roth IRA balance at retirement. The calculator also compares your Roth IRA growth against a taxable account, showing how much more you could accumulate by keeping your gains tax-free.
Roth IRA Balance at Retirement
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Total Contributions
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Total Tax-Free Earnings
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Taxable Account Balance at Retirement
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Roth IRA Advantage
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A Roth IRA is an individual retirement account funded with after-tax dollars. Because you pay taxes on contributions upfront, qualified withdrawals in retirement — including all investment gains — are completely tax-free. You can contribute at any age as long as you have earned income and meet IRS income limits.
For 2025, you can contribute up to $7,000 per year to a Roth IRA if you are under age 50. If you are 50 or older, the limit increases to $8,000 due to the catch-up contribution provision. These limits apply across all your IRA accounts combined.
Yes. For 2025, single filers can make full contributions with a MAGI up to $150,000, with a phase-out up to $165,000. Married filing jointly filers phase out between $236,000 and $246,000. Above the phase-out range, you cannot contribute directly to a Roth IRA.
A traditional IRA may offer an upfront tax deduction but withdrawals in retirement are taxed as ordinary income. A Roth IRA provides no upfront deduction but all qualified withdrawals are tax-free. A Roth IRA is generally better if you expect to be in a higher tax bracket in retirement than you are today.
A commonly used estimate is 6–7% per year, which reflects the historical long-term average of a diversified stock portfolio after inflation. Your actual returns will depend on your investment mix. More aggressive portfolios may average higher returns but with more volatility.
Yes — you can withdraw your original contributions (not earnings) from a Roth IRA at any time, tax-free and penalty-free. However, withdrawing earnings before age 59½ and before the account has been open for 5 years may result in taxes and a 10% early withdrawal penalty.
No. Unlike traditional IRAs and 401(k)s, Roth IRAs do not require you to take minimum distributions during your lifetime. This makes them an excellent estate planning tool, allowing your balance to continue growing tax-free for as long as you choose.
The calculator applies your annual contribution and growth rate to both a Roth IRA and a taxable account. In the taxable account, investment returns are reduced each year by the tax drag from your marginal tax rate, which compounds over time. The difference at retirement illustrates the long-term value of tax-free growth.