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Roth IRA Calculator (US)

Project your Roth IRA balance at retirement from annual contributions and expected investment return — with the IRS contribution limit applied automatically for your age.

years old
years old
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Capped automatically at the IRS annual limit for your age

%
Balance at Retirement
$1,142,160
Total Contributions
$245,000
Total Tax-Free Growth
$887,160
Contributing $7,000 a year from age 30 to 65, growing at 7% a year, projects to a balance of $1,142,160 at retirement — of which $887,160 is investment growth. Because it's a Roth account, the entire balance is withdrawable tax-free in retirement.
Balance at Retirement$1,142,160

Year-by-Year Projection

Roth IRA balance projection by age, including contributions and tax-free growth
AgeContributionGrowthEnding Balance
31$7,000.00$1,190.00$18,190.00
32$7,000.00$1,763.30$26,953.30
33$7,000.00$2,376.73$36,330.03
34$7,000.00$3,033.10$46,363.13
35$7,000.00$3,735.42$57,098.55
36$7,000.00$4,486.90$68,585.45
37$7,000.00$5,290.98$80,876.43
38$7,000.00$6,151.35$94,027.78
39$7,000.00$7,071.94$108,099.73
40$7,000.00$8,056.98$123,156.71

Why Roth IRAs are powerful

Because contributions are made with after-tax money, every dollar of growth inside a Roth IRA is yours to keep — tax-free — when you withdraw it in retirement. The earlier you start, the more years of compounding happen completely tax-free.

For example, contributing $7,000 a year from age 30 to 65, growing at 7% a year, reaches $1,142,160 by retirement — of which $887,160 is tax-free investment growth.

Frequently asked questions

What is the Roth IRA contribution limit?

For 2026, the IRS limit is $7,000 per year, or $8,000 if you're 50 or older (the extra $1,000 is a catch-up contribution). This calculator applies the correct limit automatically based on your age each year.

How is a Roth IRA different from a Traditional IRA?

Roth IRA contributions are made with after-tax dollars, so qualified withdrawals in retirement — including all the growth — are completely tax-free. Traditional IRA contributions are often tax-deductible now, but withdrawals in retirement are taxed as ordinary income.

Are there income limits to contribute to a Roth IRA?

Yes — Roth IRA contributions phase out at higher incomes (the exact thresholds depend on your filing status and are adjusted annually by the IRS). High earners can sometimes still get money into a Roth via a 'backdoor Roth' conversion. This calculator assumes you're eligible to contribute the amount you enter.

Can I withdraw Roth IRA contributions early without penalty?

Yes — you can withdraw your original contributions (not earnings) at any time, tax- and penalty-free, since you already paid tax on that money. Withdrawing earnings before age 59½ and before the account is 5 years old can trigger tax and a 10% penalty, with some exceptions.