Roth IRA Calculator
Calculate your Roth IRA balance at retirement with 2026 contribution limits ($7,000 under 50, $8,000 age 50+). Compare Roth vs Traditional IRA and check income eligibility phase-out.
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Balance at Retirement
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Total Contributions —
Total Investment Growth —
Tax-Free Benefit (vs 22% tax) —
Monthly Withdrawal (4% Rule) —
Extended More scenarios, charts & detailed breakdown ▾
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Balance at Retirement
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Total Contributions —
Investment Growth —
Growth Multiple —
Professional Full parameters & maximum detail ▾
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Eligibility & Limits
2026 Contribution Limit —
Eligibility Status —
RMD Requirement —
5-Year Rule Satisfied? —
Growth Projections
Projected Balance at Retirement —
Total Lifetime Contributions —
Total Tax-Free Growth —
Tax Savings vs Traditional —
Estate Value (inherited, 10yr stretch) —
How to Use This Calculator
- Enter your Current Age, Retirement Age, and existing Roth IRA Balance.
- Set your Annual Contribution (2026 max: $7,000 under 50, $8,000 age 50+).
- Adjust the Expected Annual Return — 7% is a common conservative estimate.
- See projected Balance at Retirement and tax-free withdrawal estimate.
- Use Roth vs Traditional tab to compare after-tax outcomes under your tax scenario.
- Use the Professional tab to check MAGI eligibility and Backdoor Roth options.
Formula
Balance = Σ (Prior Balance + Annual Contribution) × (1 + Return Rate) for each year
Roth vs Traditional: Roth contributions are after-tax; Traditional reduces taxes now but withdrawals are taxed.
2026 Phase-Out: Single $150,000–$165,000 | MFJ $236,000–$246,000
Roth vs Traditional: Roth contributions are after-tax; Traditional reduces taxes now but withdrawals are taxed.
2026 Phase-Out: Single $150,000–$165,000 | MFJ $236,000–$246,000
Example
Example: Age 30, $10,000 balance, $7,000/yr contribution, 7% return, retiring at 65.
Years of growth: 35 | Balance at retirement: ~$1,194,000
Total contributions: $255,000 | Tax-free growth: ~$939,000
Monthly 4% rule withdrawal: ~$3,980/month — all tax-free.
Years of growth: 35 | Balance at retirement: ~$1,194,000
Total contributions: $255,000 | Tax-free growth: ~$939,000
Monthly 4% rule withdrawal: ~$3,980/month — all tax-free.
Frequently Asked Questions
- The 2026 Roth IRA contribution limit is $7,000 for individuals under age 50, and $8,000 for those 50 and older (the extra $1,000 is the catch-up contribution). These limits apply per person, and you can contribute to both a Roth IRA and a 401(k) in the same year.
- Single filers with MAGI under $150,000 can contribute the full amount. The phase-out range is $150,000–$165,000 for singles. Married filing jointly phase-out is $236,000–$246,000. Above these limits, no direct contribution is allowed (but the Backdoor Roth strategy is available).
- High earners above the income limit can make a non-deductible contribution to a Traditional IRA ($7,000), then convert it to a Roth IRA. This is legal and commonly used. However, if you have existing pre-tax Traditional IRA funds, the pro-rata rule applies and part of the conversion will be taxable.
- No. Roth IRAs have no RMD requirement during the account owner's lifetime. This is a major advantage over Traditional IRAs and 401(k)s, which require RMDs starting at age 73. This makes Roth IRAs excellent estate planning tools.
- To take a qualified (tax-free and penalty-free) withdrawal of earnings from a Roth IRA, your account must have been open for at least 5 tax years AND you must be age 59½ or older. Contributions (not earnings) can always be withdrawn tax and penalty free at any time.
Related Calculators
Sources & References (5) ▾
- IRS Publication 590-A — Contributions to Individual Retirement Arrangements — Internal Revenue Service
- IRS Publication 590-B — Distributions from Individual Retirement Arrangements — Internal Revenue Service
- IRS — Roth IRA Contribution Limits — Internal Revenue Service
- SEC Investor.gov — Roth IRAs — U.S. Securities and Exchange Commission
- FINRA — Roth IRA Overview — Financial Industry Regulatory Authority