Roth IRA Calculator 2025
Planning for retirement is easier when you can estimate how your savings will grow. Our Roth IRA calculator helps you understand the long-term value of your investments and how tax-free withdrawals can benefit your financial future. Whether you’re comparing Roth vs. Traditional IRAs or exploring conversion options, this tool gives you clarity.
📊 Roth IRA Information
📈 Roth IRA Projection Results
| Year | Age | Annual Contribution | Balance Start | Investment Growth | Balance End |
|---|---|---|---|---|---|
| Enter your information and calculate to see year-by-year projections | |||||
Roth IRA Benefits:
- Tax-free growth and withdrawals in retirement
- No required minimum distributions (RMDs)
- Contributions can be withdrawn penalty-free anytime
- Earnings can be withdrawn tax-free after age 59½ (with 5-year rule)
2024 Contribution Limits:
- • Under 50: $7,000 annually
- 50 and older: $8,000 annually (includes $1,000 catch-up)
- Income limits apply for direct contributions
What is a Roth IRA?
A Roth IRA is a retirement account where contributions are made with after-tax dollars, but withdrawals in retirement are tax-free. Unlike a Traditional IRA, you don’t pay taxes on qualified withdrawals, making Roth IRAs a powerful way to grow wealth over time.
How the Roth IRA Calculator Works
Our Roth IRA growth calculator estimates your retirement savings based on:
- Contribution limits (set annually by the IRS)
- Expected annual return
- Number of years until retirement
- Current balance and yearly contributions
- The calculator also factors in compound interest, showing you how your money grows year over year.
Use it as a compound interest calculator for Roth IRA savings and see the long-term difference.
Benefits of Using a Roth IRA Calculator
- Compare Roth IRA vs. Traditional IRA with our Roth vs. Traditional IRA calculator
- Estimate how much tax-free income you’ll have at retirement
- Plan IRA conversions using a Roth IRA conversion calculator
- Understand taxes with a Roth IRA conversion tax calculator
- Forecast savings with an IRA to Roth conversion calculator
- Project withdrawals using a Roth IRA withdrawal calculator
Roth IRA Conversion
If you’re considering converting a Traditional IRA into a Roth IRA, our IRA Roth conversion calculator shows potential tax implications. Conversions can reduce future taxable income, but you’ll need to pay taxes at the time of conversion.
Roth IRA Over Time
With compounding, your Roth IRA can grow significantly. The Roth IRA calculator over time illustrates how steady contributions can build retirement wealth, even with modest monthly savings.
💡 Need Help With Retirement Planning?
Our Roth IRA calculator is a great starting point, but retirement planning involves more than numbers. If you’re considering an IRA rollover, Roth conversion, or want to maximize your deductions, our tax experts can guide you.
👉 Contact us today to get personalized retirement tax strategies
FAQ – Roth IRA Calculator
1. What is a Roth IRA calculator used for?.
It helps you estimate the growth of your Roth IRA over time, showing your tax-free retirement balance
2. What’s the difference between Roth and Traditional IRA?.
Roth IRA contributions are taxed upfront, but withdrawals are tax-free. Traditional IRAs defer taxes until retirement.
3. Does a Roth IRA calculator include taxes?.
Yes, our Roth IRA conversion tax calculator estimates taxes due when converting from a Traditional IRA.
4. How do I calculate Roth IRA growth over time?.
Use our compound interest calculator Roth IRA to see annual and cumulative growth.
5. Can I withdraw from my Roth IRA early?.
Yes, contributions can be withdrawn anytime, but early withdrawal of earnings may incur penalties.