Roth IRA Calculator
Project how your Roth IRA could grow. Enter your current balance, your monthly contribution, an expected annual return and the years until retirement to estimate the future value — which, with a qualified Roth, can be withdrawn tax-free.
How to use it
Enter your current balance, your monthly contribution, an expected annual return, and the years until you withdraw. The calculator compounds monthly and shows the projected balance, splitting your contributions from the tax-free growth on top.
The Roth advantage is that qualified withdrawals are tax-free, so all the compound growth shown here can be yours to keep in retirement. Annual contributions are capped by the IRS and the cap can change year to year, so check the current limit when planning.
Frequently asked questions
What's the Roth IRA contribution limit?
The IRS sets an annual limit that changes over time, with a higher allowance once you're 50+. High earners may face reduced or phased-out eligibility. Check the current year's limit and income rules before maxing out.
Why is a Roth IRA attractive?
You contribute after-tax money, but qualified withdrawals — including all the growth — are tax-free. That makes the compound growth shown here especially valuable if you expect to be in a similar or higher tax bracket later.
What return should I assume?
Use a realistic long-run figure for your investments. A diversified portfolio has historically averaged mid-to-high single digits over long periods, but returns vary and aren't guaranteed.
BriskToolbox provides estimates for general information only and is not financial advice. Investment returns are not guaranteed.