Roth IRA Calculator
Tax-free retirement growth projection.
Enter your values
ⓘ Live results
Results
- Tax-free balance
- $813,470.61
- Total contributed
- $230,000.00
- Tax-free growth
- $583,470.61
- Tax saved vs taxable account
- $128,363.53
- Annual income at 4%
- $32,538.82
Quick answer
Roth IRA contributions are after-tax, so all growth and qualified withdrawals in retirement are completely tax-free.
How to use the Roth IRA Calculator
- 1Enter your current Roth balance.
- 2Add your yearly contribution (within IRS limits).
- 3Set your expected return and years to retirement.
Worked example
Using the values the calculator loads with:
Inputs
- Current balance20000 $
- Annual contribution7000 $
- Annual return7 %
- Years to retirement30
- Retirement tax rate22 %
Results
- Tax-free balance$813,470.61
- Total contributed$230,000.00
- Tax-free growth$583,470.61
- Tax saved vs taxable account$128,363.53
- Annual income at 4%$32,538.82
Frequently asked questions
Roth or traditional?
Roth wins if you expect a higher tax rate in retirement, traditional if lower.
Can I withdraw contributions early?
Yes, contributions (not earnings) can be withdrawn any time tax and penalty free.
About this calculator
- Built and reviewed by James Whitfield · How we build and test calculators
- Report an error
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.