Finance Calculators

Roth IRA Calculator

Project how a Roth IRA will grow based on your current balance, annual contributions and expected investment return.

Current age

Retirement age

Current Roth IRA balance

Annual contribution

Expected annual return

Projected balance at retirement —

Total contributions —

About the Roth IRA Calculator

A Roth IRA is funded with after-tax dollars, so qualified withdrawals in retirement are completely tax-free, this calculator projects how your balance grows from compounding contributions and investment returns.

Formula: FV = Current Balance × (1+r)^years + Annual Contribution × [((1+r)^years − 1) ÷ r]

Because growth and withdrawals are tax-free, a Roth IRA can be especially valuable when contributions are made while in a lower tax bracket than you expect to be in during retirement.