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🏦 Roth IRA Calculator
See how tax-free growth in a Roth IRA can build your retirement wealth.
Your Roth IRA Plan
2025 limit: $7,000 (under 50) / $8,000 (50+)
Used only for the traditional-IRA comparison below
Tax-Free Balance at Age 65
$1,088,777
Every dollar withdrawn tax-free in retirement.
Total Contributions
$245,000
Tax-Free Growth
$838,777
Roth vs Traditional IRA (at retirement)
Roth (after withdrawals)
$1,088,777
Traditional (after 22% tax)
$849,246
Roth advantage: $239,531 more in your pocket
Year-by-Year Growth
| Age | Contribution | Balance |
|---|---|---|
| 31 | $7,000 | $12,840 |
| 32 | $7,000 | $21,229 |
| 33 | $7,000 | $30,205 |
| 34 | $7,000 | $39,809 |
| 35 | $7,000 | $50,086 |
| 36 | $7,000 | $61,082 |
| 37 | $7,000 | $72,848 |
| 38 | $7,000 | $85,437 |
| 39 | $7,000 | $98,907 |
| 40 | $7,000 | $113,321 |
| 41 | $7,000 | $128,743 |
| 42 | $7,000 | $145,245 |
| 43 | $7,000 | $162,903 |
| 44 | $7,000 | $181,796 |
| 45 | $7,000 | $202,012 |
| 46 | $7,000 | $223,642 |
| 47 | $7,000 | $246,787 |
| 48 | $7,000 | $271,552 |
| 49 | $7,000 | $298,051 |
| 50 | $7,000 | $326,405 |
| 51 | $7,000 | $356,743 |
| 52 | $7,000 | $389,205 |
| 53 | $7,000 | $423,939 |
| 54 | $7,000 | $461,105 |
| 55 | $7,000 | $500,872 |
| 56 | $7,000 | $543,424 |
| 57 | $7,000 | $588,953 |
| 58 | $7,000 | $637,670 |
| 59 | $7,000 | $689,797 |
| 60 | $7,000 | $745,573 |
| 61 | $7,000 | $805,253 |
| 62 | $7,000 | $869,110 |
| 63 | $7,000 | $937,438 |
| 64 | $7,000 | $1,010,549 |
| 65 | $7,000 | $1,088,777 |
How This Tool Works
A Roth IRA calculator projects the growth of after-tax retirement contributions that grow and can be withdrawn completely tax-free in retirement. Unlike a traditional IRA or 401(k), Roth contributions are made with money you have already paid taxes on — but the trade-off is powerful: all growth, dividends, and withdrawals after age 59½ are federal tax-free. This calculator helps you see the long-term value of tax-free compounding and compare Roth versus traditional retirement strategies.
💡 Tips & Best Practices
- 1The 2025 Roth IRA contribution limit is $7,000 ($8,000 if you are 50+). Income limits apply for direct contributions.
- 2If your income is too high for direct Roth contributions, a "backdoor Roth" (contribute to traditional IRA, then convert) may be an option.
- 3You can withdraw your original contributions (not earnings) from a Roth IRA at any time without taxes or penalties.
- 4A Roth IRA has no required minimum distributions (RMDs), making it a powerful estate planning tool.
Frequently Asked Questions
Roth vs Traditional IRA — which is better?
If you expect to be in a higher tax bracket in retirement, Roth is generally better (pay taxes now at a lower rate). If you expect a lower bracket in retirement, traditional may save more. When in doubt, having both types gives you tax diversification.
What are the Roth IRA income limits?
For 2025, you can make full contributions if your modified AGI is under $150,000 (single) or $236,000 (married filing jointly). Above those thresholds, contributions are phased out. The "backdoor Roth" strategy can bypass these limits.
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