Free Roth IRA Calculator
Project the tax-free growth of your Roth IRA based on annual contributions, expected return, and time horizon.
USD
USD
%
years
Projected Roth IRA Value
$943,922
Total Contributions$225,000
Tax-Free Growth$718,922
Projected Roth IRA Value vs Years of Growth
How the Roth IRA Calculator Works
A Roth IRA grows tax-free. Contributions are made with after-tax dollars, but qualified withdrawals in retirement are completely tax-free.
Formula
FV = PV × (1 + r)^n + C × [(1 + r)^n − 1] / r
The key advantage is that the growth column represents money you will never pay taxes on, unlike a traditional IRA or 401(k).
Example Calculation
$15,000 balance, $7,000/yr contributions, 8% return, 30 years.
- 01Balance growth = $15,000 × (1.08)^30 = $150,940
- 02Contribution growth = $7,000 × [(1.08)^30 − 1] / 0.08 = $793,490
- 03Projected value = $150,940 + $793,490 = $944,430
- 04Total contributed = $15,000 + $7,000 × 30 = $225,000
- 05Tax-free growth = $944,430 − $225,000 = $719,430
Frequently Asked Questions
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