Roth IRA Calculator - Retirement Growth Tax Free Online
Project your Roth IRA balance at retirement with tax-free growth based on contributions, return rate, and time horizon.
How to use this calculator
👉 Fill in the boxes below and your answer appears instantly — no maths needed, we do it all for you! 🎉
In plain English — what does this do?
💵 A money helper! It works out things like how much to save, how much you owe, or how much you’ll have in the future. Just fill in the boxes and you’ll get your answer.
A Roth IRA calculator projects the tax-free balance you'll accumulate by retirement through annual after-tax contributions that grow and are withdrawn completely tax-free. Unlike a traditional IRA, you pay taxes on contributions now but owe nothing on qualified withdrawals — making Roth accounts especially valuable if you expect to be in a higher tax bracket in retirement.
Balance at Retirement (Tax-Free)
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Total Contributed
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Tax-Free Gains
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What is Roth IRA Calculator - Retirement Growth Tax Free Online?
A Roth IRA calculator projects the tax-free balance you'll accumulate by retirement through annual after-tax contributions that grow and are withdrawn completely tax-free. Unlike a traditional IRA, you pay taxes on contributions now but owe nothing on qualified withdrawals — making Roth accounts especially valuable if you expect to be in a higher tax bracket in retirement.
How to use it
- 1️⃣ Enter your current age.
- 2️⃣ Enter your planned retirement age.
- 3️⃣ Enter your annual contribution (2026 limit: $7,500; $8,600 if age 50+).
- 4️⃣ Enter the expected annual return rate.
- 5️⃣ Review your projected balance, total contributions, and tax-free gains at retirement.
Formula
💡 See it in action — a real example
❓ Common questions
- What is the 2026 Roth IRA contribution limit?
- For 2026, you can contribute up to $7,500 per year ($8,600 if you're age 50 or older). Contributions phase out at higher income levels — $153,000–$168,000 for single/head of household filers and $242,000–$252,000 for married filing jointly.
- When can I withdraw Roth IRA funds tax-free?
- Qualified distributions are tax-free if your account is at least 5 years old and you're age 59½ or older. You can withdraw your contributions (not earnings) at any time without tax or penalty.
- Should I choose Roth or traditional IRA?
- Roth is generally better if you expect higher taxes in retirement or want tax-free income. Traditional is better if you want a tax deduction now and expect lower taxes later. Diversifying across both is a common strategy.
- Does a Roth IRA have RMDs?
- No. Roth IRAs are not subject to Required Minimum Distributions during the owner's lifetime, making them excellent vehicles for passing wealth to heirs while maintaining flexibility in retirement.
- Can I contribute if I have a 401(k)?
- Yes, you can contribute to both a Roth IRA and a 401(k) in the same year, subject to each account's limits and income rules. Maximizing both is an effective retirement savings strategy.