About the Roth IRA Calculator
This Roth IRA Calculator estimates how much your retirement account could be worth at withdrawal. Enter your contributions and expected return, and the tool shows the projected balance, total contributions, and tax-free earnings.
The calculation uses the standard compound growth formula FV = P(1+r)^n + PMT x [((1+r)^n - 1) / r], where P is your starting balance, PMT is the periodic contribution, r is the periodic return, and n is the number of periods. Inputs include current age or years to retirement, opening balance, annual contribution, and estimated annual return. Keep your return estimate conservative so the projection stays realistic. Check the annual IRS contribution limits before you enter a figure, and consider a tax professional for questions about eligibility or withdrawals.
- Enter your current age and planned retirement age.
- Type your opening balance and yearly contribution.
- Set an expected annual return and read the projected balance.