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Roth IRA Calculator

Calculate your tax-free retirement savings growth

Tax-Free GrowthNo RMDsEasy Planning

Disclaimer

This calculator is for educational purposes only. Results are estimates based on your inputs. Consult a qualified financial advisor for personalized advice. Read full disclaimer

Enter Your Information

2024 limit: $6,500 ($7,500 if 50+)

Roth IRA Growth Formula

Calculate tax-free retirement savings growth

FV=t=1n[Ct×(1+r)nt]+B0×(1+r)nFV = \sum_{t=1}^{n} [C_t \times (1 + r)^{n-t}] + B_0 \times (1 + r)^n

Where:

FVFV

Future value (tax-free)

CtC_t

Annual contribution in year t

B0B_0

Current balance

rr

Annual return rate

nn

Years until retirement

Example:

Contributing $6,500 annually for 35 years at 7% return grows to over $900,000 tax-free

Roth IRA Benefits

💎 Tax-Free Withdrawals

All qualified withdrawals in retirement are completely tax-free, including earnings!

🎯 No Required Minimum Distributions

Unlike traditional IRAs, you're never forced to withdraw. Let it grow as long as you want!

💰 Flexible Contributions

You can withdraw your contributions (not earnings) anytime without penalty or taxes.

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📚 Learn More About Roth IRAs

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