Roth IRA Calculator
Calculate your Roth IRA growth and see how tax-free compounding builds wealth for retirement.
💰Roth IRA Details
2026 limit: $7,000 (under 50) | $8,000 (50+)
Total Contributed
$301K
Tax-Free Growth
$2.47M
Estimated Tax Savings
$543K
You pay $0 in taxes when you withdraw this in retirement!
Contributions vs Growth
Roth IRA Growth Over Time
Share Your Roth IRA Projection
Show others the power of tax-free compounding!
Tax-Free Growth
All growth in a Roth IRA is 100% tax-free when you withdraw in retirement.
Compound Power
See how even small annual contributions compound into massive wealth.
Tax Savings
Calculate how much you save by not paying taxes on investment gains.
How to Use
Enter Age
Set your current age and target retirement age.
Set Contribution
Enter your annual Roth IRA contribution (max $7,000).
Add Balance
Include your current Roth IRA balance.
View Projection
See tax-free retirement wealth and growth chart.
The Formula
FV = PV(1+r)^n + C × [((1+r)^n - 1) / r]Frequently Asked Questions
What is a Roth IRA?
A Roth IRA is a retirement account where you contribute after-tax money, but all growth and withdrawals in retirement are completely tax-free. It's one of the best wealth-building tools in the US.
What is the 2026 Roth IRA contribution limit?
The 2026 limit is $7,000 per year if you're under 50, and $8,000 if you're 50 or older (catch-up contribution).
What is the Roth IRA income limit?
For 2026, single filers must earn under $161,000 (MAGI) for full contribution. Married filing jointly under $240,000. Above these limits, use a 'Backdoor Roth IRA' strategy.
Roth IRA vs Traditional IRA - which is better?
Roth IRA is better if you expect to be in a higher tax bracket in retirement. Traditional IRA gives a tax deduction now. If you're young with decades of growth ahead, Roth IRA usually wins.
Can I withdraw from Roth IRA early?
You can withdraw your contributions (not gains) at any time, tax-free and penalty-free. Gains can be withdrawn tax-free after age 59½ and 5 years of account age.
Should I max out my Roth IRA?
Yes! Maxing out your Roth IRA at $7,000/year from age 25 to 65 at 9% return gives you over $2.3 million in tax-free retirement wealth.