Roth IRA Calculator
Project your Roth IRA balance at retirement. See tax-free growth, contribution totals, and year-by-year schedules with 2025 contribution limits.
Roth IRA Calculator
Project your Roth IRA balance at retirement — with tax-free growth. See how much your contributions grow and the year-by-year schedule.
2025 Roth IRA limits: $7,000/year ($8,000 if age 50+). Phase-outs begin at $150k MAGI (single) / $236k (married). Confirm eligibility with a financial advisor.
Balance Growth
| Year | Age | Annual Contribution | Balance (Nominal) | Balance (Real $) |
|---|
How Roth IRA Works
- Tax-free growth: Contributions are after-tax; qualified withdrawals in retirement are 100% tax-free.
- No RMDs: Unlike traditional IRAs, Roth IRAs have no required minimum distributions during the owner's lifetime.
- 5-year rule: Earnings are tax-free if the account is at least 5 years old and you're 59½ or older.
- Flexibility: You can withdraw your contributions (not earnings) any time, penalty-free.
Roth vs. Traditional IRA
Choose Roth if you expect to be in a higher tax bracket in retirement, or if you want tax-free income. Choose Traditional if you want a current tax deduction and expect a lower bracket at retirement.