IRA Calculator

Free Online IRA Calculator

Traditional & Roth · Growth Projector · Contribution Optimizer · Withdrawal Planner

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IRA Calculator

Traditional & Roth · Growth Projector · Contribution Optimizer · Withdrawal Planner

Traditional IRA: Contributions may be tax-deductible now; withdrawals taxed in retirement. Roth IRA: Contributions are after-tax; all growth and withdrawals are tax-free. 2024 limit: $7,000/yr ($8,000 if age 50+).

IRA Type

Your Details

Current Age

yrs

Retirement Age

yrs

Current IRA Balance

Contributions & Assumptions

Annual Contribution

Annual Return Rate

Inflation Rate

Tax Rate (Traditional — for deduction value)

Withdrawal Rate in Retirement

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Assessment

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Projected IRA Balance at Retirement

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Inflation-Adjusted (today's $)

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Years to Retirement

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Total Contributions

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Investment Growth

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Growth Multiplier

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Monthly Income (SWR)

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Annual Income (SWR)

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IRS Limit Usage

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Tax Deduction Value (Traditional)

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📊 Balance Composition at Retirement

🔮 What-If Scenarios

If you max contributions ($7,000/yr):—

If return drops to 5%:—

If you retire 5 years later:—

If you add $1,000 more per year:—

Catch-up contributions at age 50 ($8,000/yr):—

📋 Year-by-Year IRA Growth

Age	Contribution	Growth	Balance	Monthly Income

Key Insights

Find the minimum monthly savings needed to hit your retirement target, compare Traditional vs Roth tax efficiency, and see how much starting earlier — or contributing more — changes your outcome.

Your Goal

Target Retirement Balance

Current IRA Balance

Years Until Retirement

yrs

Annual Return Rate

Current Tax Rate

Retirement Tax Rate

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Contribution Strategy

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Annual Contribution Needed

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Monthly Contribution Needed

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IRS Limit ($7,000/yr)

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Total Contributions

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Investment Growth

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Growth : Contribution Ratio

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Traditional Tax Saved Now

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Traditional Tax at Withdrawal

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Roth Net (tax-free)

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Traditional Net (after-tax)

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🔮 Contribution Scenarios

If you contribute the IRS max ($7,000/yr):—

If you started 5 years earlier:—

If you started 5 years later:—

Monthly cost difference: Roth vs Traditional:—

If return rate drops 2% (market headwind):—

Contribution Strategy Tips

Plan how long your IRA will last, model Required Minimum Distributions (RMDs start at age 73 for Traditional IRAs), and compare withdrawal strategies. Early withdrawals before 59½ trigger a 10% penalty plus income tax.

Your IRA at Retirement

IRA Balance at Retirement

Age at Retirement

yrs

Life Expectancy

yrs

Annual Withdrawal Amount

Portfolio Return Rate

Tax Rate (Traditional IRA)

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Longevity Assessment

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IRA Lasts Until Age

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Balance at Life Expectancy

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📅 IRA Longevity Gauge —

Retirement (67) — Life exp. (90)

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Annual Withdrawal

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After-Tax Withdrawal

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Sustainable Withdrawal Rate

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Total Withdrawn Over Lifetime

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RMD at Age 73

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Total Tax Paid (Traditional)

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Max Sustainable Annual (4% rule)

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Excess / Shortfall vs Goal

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🔮 Withdrawal Scenarios

If you withdraw 10% less per year:—

If you withdraw 10% more per year:—

If portfolio return drops to 3%:—

Early withdrawal at age 55 (with 10% penalty):—

RMD at age 73 (IRS Uniform Lifetime Table):—

📋 Annual Withdrawal Schedule

Age	Withdrawal	After-Tax	Growth	Balance

Withdrawal Strategy Tips

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