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Roth IRA Calculator

Estimate tax-free growth in a Roth IRA versus a taxable account.

Roth IRA plan
$
$
yrs
%
%

Tax-free balance at withdrawal

$792,815

You contribute

$220,000

Growth

$572,815

Tax a traditional account would owe

$174,419

2025 contribution limit: $7,000 ($8,000 if 50+), subject to income phase-outs.

Why Roth

Roth contributions are made with after-tax money, and everything — contributions and decades of growth — comes out tax-free after 59½. The younger you are or the lower your current bracket, the stronger the case, because you're prepaying tax at today's (low) rate on tomorrow's (large) balance.

Flexibility bonus

Roth IRAs have no required minimum distributions, and contributions (not growth) can be withdrawn any time without penalty — which makes a Roth double as a deep emergency reserve. High earners above the income limit often contribute via the backdoor Roth route.

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