Roth IRA Calculator
Project tax-free retirement growth in a Roth IRA.
$6,996/yr of $7,000 limit
Roth IRA contributions are made with after-tax dollars; qualified withdrawals in retirement are completely tax-free. 2025 limit is $7,000 ($8,000 if 50+), subject to income phase-outs.
About this calculator
A Roth IRA is funded with after-tax dollars, but qualified withdrawals in retirement — including all the growth — are completely tax-free. This calculator projects what your Roth could be worth from your current balance plus regular monthly contributions, compounding at your expected return.
Because you pay tax now and never again on qualified withdrawals, a Roth is especially valuable if you expect to be in a similar or higher tax bracket in retirement. The 2025 contribution limit is $7,000 ($8,000 if 50+), subject to income phase-outs.
Frequently asked questions
Roth or traditional?
A Roth taxes contributions now and makes withdrawals tax-free; a traditional IRA/401(k) defers tax until withdrawal. A Roth tends to win if you expect higher future tax rates, and it has no required minimum distributions.
What are the income limits?
Roth contributions phase out at higher incomes (the thresholds change annually). High earners sometimes use a 'backdoor' Roth; consult a tax professional.
Related calculators
These calculators are for general information and planning only. They use the assumptions you enter and do not constitute financial, tax, or investment advice. Tax figures are simplified estimates for the stated tax year. Returns are not guaranteed; verify figures independently before making decisions.