← All calculators
Roth IRA Calculator

Project a tax-free Roth balance.

One of the advanced-planning tools provided by the firm. Enter current age, retirement age, current Roth balance, annual contribution, and expected return to project the tax-free balance at retirement along with the split between contributions and growth.

Tax-free balance at retirement
$873,980
Contributions
$210,000
Tax-free growth
$643,980
AgeContributionBalance
36$7,000$28,675
37$7,000$37,977
38$7,000$47,951
39$7,000$58,646
40$7,000$70,115
41$7,000$82,413
42$7,000$95,599
43$7,000$109,739
44$7,000$124,901
45$7,000$141,159
46$7,000$158,593
47$7,000$177,286
48$7,000$197,332
49$7,000$218,826
50$7,000$241,874
51$7,000$266,588
52$7,000$293,088
53$7,000$321,505
54$7,000$351,975
55$7,000$384,649
56$7,000$419,684
57$7,000$457,252
58$7,000$497,536
59$7,000$540,732
60$7,000$587,050
61$7,000$636,717
62$7,000$689,974
63$7,000$747,082
64$7,000$808,317
65$7,000$873,980

Producers contracted through the firm use this tool as an input to case design rather than as a standalone answer. When the number here changes the shape of a case, bring it to the case design desk and we will work it through with you and the client's CPA or attorney. Request a conversation.

How a Roth IRA works

A Roth IRA is an individual retirement account funded with after-tax dollars. There is no deduction in the year of contribution, but everything that happens inside the account is tax-free: dividends, interest, capital gains, and, most importantly, qualified withdrawals in retirement. That is the Roth trade: pay the tax now at a known rate to avoid paying it later at an unknown one.

2026 contribution limits

The IRS sets the Roth IRA contribution limit annually and adjusts it for inflation. Savers age 50 and older can add a catch-up contribution on top of the base limit. Contributions cannot exceed earned income for the year. Because the figures are indexed each year, this page treats the annual contribution as a user input; confirm the current year's exact numbers before finalizing a plan.

Income phase-outs

Direct Roth IRA contributions phase out as modified adjusted gross income (MAGI) rises. The phase-out ranges are different for single filers and for married filing jointly, and they are adjusted each year. Above the top of the range, a direct Roth contribution is not permitted. Savers above the phase-out often use a backdoor Roth: a non-deductible contribution to a traditional IRA followed by a conversion to the Roth. The mechanics are simple; the interaction with the pro-rata rule for anyone with existing pre-tax IRA balances is where careful analysis matters.

No lifetime RMDs for the owner

Unlike a traditional IRA, a Roth IRA has no required minimum distributions for the original owner. That single fact makes the Roth uniquely powerful for late-life planning. It can be left untouched through the entire retirement window, growing tax-free, and used as the last dollar spent or the first dollar inherited. For the traditional-side picture, see the RMD calculator linked below.

The 5-year rule

For earnings to be withdrawn tax-free, a Roth IRA must have been open for at least five tax years and the account owner must be at least 59 and a half (or meet another qualifying exception). Separate 5-year clocks apply to each Roth conversion for the purpose of the 10% early withdrawal penalty for anyone under 59 and a half. Direct contributions can always be withdrawn tax and penalty free.

Backdoor Roth in one paragraph

Savers above the income phase-out can still access a Roth by contributing to a non-deductible traditional IRA and then converting that contribution to a Roth. The conversion itself is not income-limited. The catch is the pro-rata rule: if the saver holds other pre-tax IRA money, part of the conversion is treated as taxable regardless of which dollars were converted. Clearing out pre-tax IRA balances (by rolling them into a 401(k) that accepts rollovers) is a common precondition and a common place where an advisor adds value.

Roth vs traditional in one sentence

If you expect your marginal tax rate in retirement to be higher than today, the Roth wins; if you expect it to be lower, the traditional wins; if you expect it to be similar, the answer is usually to hold both and give yourself the flexibility to draw from whichever bucket produces a better tax outcome in any given year.

FAQ
How does a Roth IRA work?+
Contributions to a Roth IRA are made with after-tax dollars, so there is no deduction in the year of contribution. Investments grow tax-free inside the account, and qualified withdrawals in retirement (generally after age 59 and a half and once the 5-year rule is met) are completely tax-free. Original owners never have to take required minimum distributions, which makes the Roth uniquely flexible for late-life planning.
What are the 2026 contribution limits?+
The IRS sets the annual Roth IRA contribution limit and adjusts it for inflation. Savers age 50 or older can make an additional catch-up contribution on top of the base limit. Because these figures are indexed each year, confirm the current year's exact numbers before finalizing a contribution plan. Contributions are further capped at earned income for the year.
What are the income limits?+
Roth IRA contributions phase out at higher levels of modified adjusted gross income (MAGI). The phase-out ranges differ for single filers and married filing jointly and are adjusted annually. Savers above the range can still access Roth via a backdoor Roth (a non-deductible traditional IRA contribution followed by a conversion), which is where an advisor conversation is usually valuable.
Roth IRA vs traditional IRA?+
A traditional IRA typically offers an upfront tax deduction and grows tax-deferred; withdrawals in retirement are ordinary income and RMDs begin at age 73. A Roth IRA offers no upfront deduction but grows tax-free, qualified withdrawals are tax-free, and there are no lifetime RMDs for the original owner. The right choice depends primarily on whether you expect your tax rate in retirement to be higher, similar to, or lower than it is today.
What is the 5-year rule?+
The Roth 5-year rule requires that a Roth IRA has been open for at least five tax years before earnings can be withdrawn tax-free. Separate 5-year clocks apply to conversions (each conversion starts its own clock for the 10% early withdrawal penalty if under 59 and a half). Contributions can always be withdrawn tax and penalty free at any time.

This is an educational tool, not financial, tax, or legal advice. Results depend on the inputs you provide and the assumptions documented above. Consult a qualified professional before acting.