🌱 Roth IRA Calculator
A Roth IRA is funded with after-tax dollars, and in exchange the growth — and qualified withdrawals after age 59½ — are completely tax-free. This calculator compounds your yearly contributions at the expected return and shows how much of the final balance is pure tax-free growth.
Contribution limits and income phase-outs change most years, so confirm the current IRS limits before relying on the annual figure you enter.
How to use this calculator
Enter your yearly contribution, expected return, years until withdrawal and current age to project the tax-free Roth IRA value.
- Enter the Annual contribution (after-tax dollars).
- Type the Expected annual return as a percentage.
- Set the Years until withdrawal and your Current age.
- Press Calculate to see the tax-free value, total contributions and tax-free growth.
Frequently asked questions
What makes a Roth IRA special?
You contribute after-tax dollars, and in return the growth and qualified withdrawals after age 59 and a half are completely tax-free. Contributing $6,000 a year at 7% for 25 years builds about $379,494, of which roughly $229,494 is tax-free growth.
What does the age at withdrawal row show?
Your current age plus the years until withdrawal, so you can check it against the 59-and-a-half rule for qualified distributions.
Are IRS contribution limits enforced here?
No. Limits and income phase-outs change most years, so confirm the current IRS figures before relying on your annual contribution amount.
How is this different from a Traditional IRA?
Traditional IRA contributions are pre-tax and withdrawals are taxed; Roth contributions are after-tax and qualified withdrawals are tax-free. The Traditional IRA calculator covers the other side.