Plan your retirement with our comprehensive IRA calculator. Calculate Traditional and Roth IRA returns, compare tax benefits, and optimize your retirement savings strategy.
See how compound interest can dramatically grow your retirement savings over time with accurate calculations.
Compare Traditional and Roth IRA options to determine the best tax strategy for your situation.
Plan your retirement income and see exactly how much you'll have available for your golden years.
Select between Traditional IRA (tax-deductible contributions) or Roth IRA (tax-free withdrawals in retirement). Each has different tax advantages.
Input your current age, planned retirement age, current IRA balance, and planned annual contributions. Be realistic with your contribution amounts.
Enter your expected annual return (7-8% is typical for diversified stock portfolios) and tax rates. Consider your investment timeline and risk tolerance.
Analyze your projected retirement balance, compare IRA types, and adjust your strategy. Consider increasing contributions if the results don't meet your retirement goals.
Best for: Those expecting to be in a lower tax bracket in retirement or wanting immediate tax deductions.
Best for: Younger investors, those expecting higher tax rates in retirement, or wanting tax-free legacy planning.
Our comprehensive IRA Calculator helps you plan for retirement by calculating the potential growth of your Individual Retirement Account (IRA). Whether you're considering a Traditional IRA or Roth IRA, this tool provides detailed projections based on your contributions, expected returns, and tax situation.
The calculator considers compound interest, tax implications, and various contribution frequencies to give you accurate retirement projections. It automatically factors in current IRA contribution limits and provides side-by-side comparisons between Traditional and Roth IRA options.
Perfect for retirement planning, financial advisors, and anyone looking to optimize their retirement savings strategy. The tool helps you understand the long-term impact of your investment decisions and choose the best IRA type for your financial situation.
Note: This calculator provides estimates for educational purposes. Consult with a financial advisor for personalized retirement planning advice. Actual returns may vary based on market conditions and investment choices.