Roth IRA Calculator
Estimate tax-free retirement savings inside a Roth IRA.
Inputs
$
$
%
yrs
Result
Future Value$300,850.72
Total Contributions$130,000.00
Interest Earned$170,850.72
About the Roth IRA Calculator
The Roth IRA Calculator projects the tax-free retirement balance you'll have from annual after-tax contributions and long-term investment growth.
Calculation method
Roth balances grow tax-free and qualified withdrawals are tax-free. The tool compounds contributions at the assumed rate through retirement.
FV = Balance × (1+r)^n + Annual × ((1+r)^n − 1)/rHow to use this calculator
- Enter your current Roth IRA balance.
- Enter your annual contribution.
- Enter expected return and years until retirement.
Example
Starting at 30 with $10,000 balance and contributing $7,000/year at 7% until 65 gives about $1.05 million — all tax-free at withdrawal.
Frequently asked questions
Who is eligible for a Roth IRA?
Anyone with earned income under the annual income limit ($161K single, $240K married joint in 2024). Higher earners may use a backdoor Roth conversion.
Are Roth withdrawals really tax-free?
Yes, if you are 59½+ and the account has been open at least 5 years. Contributions (not earnings) can be withdrawn anytime tax and penalty free.
Are there required minimum distributions (RMDs)?
Roth IRAs have no RMDs for the original owner, making them powerful estate-planning tools.
Disclaimer: This calculator is for informational and educational purposes only and does not constitute financial, tax, or legal advice. Consult a qualified professional for decisions specific to your situation.