Free Roth IRA Calculator (2026)

A desk setup with a notebook labeled '401k', a pen, cash, and a calculator representing financial planning.

Our free Roth IRA calculator helps you estimate how your Roth IRA grows over time based on your annual contributions, current balance, expected return, and years until retirement. Unlike a traditional IRA, Roth IRA contributions are made with after-tax dollars — which means your money grows tax-free and qualified withdrawals in retirement are 100% tax-free. Use this free Roth IRA calculator to see your projected balance, total contributions, and total tax-free growth side by side.

Free Roth IRA Calculator

Enter your details below to see your projected Roth IRA balance at retirement, including total contributions and tax-free investment growth.








How This Free Roth IRA Calculator Works

This free Roth IRA calculator uses compound interest math to project how your account grows over time. Here is how to use it in three steps:

Step 1 — Enter Your Age and Retirement Target

Enter your current age and the age at which you plan to retire. The calculator uses the difference to determine how many years your contributions have to grow. The longer your investment horizon, the more powerful compound growth becomes for your Roth IRA balance.

Step 2 — Enter Your Balance and Contribution

Enter your current Roth IRA balance and how much you plan to contribute each year. For 2026, the IRS contribution limit is $7,000 per year (or $8,000 if you are age 50 or older — the catch-up contribution). The calculator will flag if your planned contribution exceeds IRS limits and check your income against the 2026 phase-out ranges.

Step 3 — Enter Your Expected Return

Enter an expected annual return rate. A commonly used historical average for a diversified stock portfolio is 7% (inflation-adjusted). The calculator applies this rate with annual compounding to project your balance at retirement, your total contributions, and your total tax-free growth.

Frequently Asked Questions

What is the Roth IRA contribution limit for 2026?

For 2026, the Roth IRA contribution limit is $7,000 per year for individuals under age 50, and $8,000 per year for individuals age 50 and older. These limits apply to your total IRA contributions across all accounts — so if you contribute to both a Roth IRA and a Traditional IRA, the combined total cannot exceed the annual limit.

Who can contribute to a Roth IRA in 2026?

Your ability to contribute to a Roth IRA depends on your modified adjusted gross income (MAGI) and filing status. For 2026, the phase-out range for single filers is $150,000 – $165,000 and for married filing jointly it is $236,000 – $246,000. If your income exceeds the upper limit, you cannot contribute directly to a Roth IRA (though a backdoor Roth conversion may still be an option).

What is the difference between a Roth IRA and a Traditional IRA?

The main difference is when you get the tax benefit. With a Traditional IRA, contributions may be tax-deductible now, but withdrawals in retirement are taxed as ordinary income. With a Roth IRA, contributions are made with after-tax dollars, but all qualified withdrawals in retirement — including all the growth — are completely tax-free. A Roth IRA is generally more advantageous if you expect to be in a higher tax bracket in retirement than you are today.

When can I withdraw from my Roth IRA tax-free?

To take qualified tax-free withdrawals from your Roth IRA, you must be at least 59ÂŊ years old and your account must have been open for at least 5 years. You can always withdraw your original contributions (not earnings) at any time without taxes or penalties, since you already paid tax on that money.

Does a Roth IRA have required minimum distributions (RMDs)?

No — one major advantage of the Roth IRA over a Traditional IRA is that Roth IRAs have no required minimum distributions (RMDs) during your lifetime. This means you can let your balance grow tax-free as long as you want, making it a powerful estate planning tool as well.

Need More Free Pay Tools?

Understanding Roth IRA Growth and Tax-Free Retirement Income

The Power of Tax-Free Compound Growth

The Roth IRA is one of the most powerful retirement savings vehicles available to American workers. Because contributions are made with after-tax dollars, every dollar of growth inside your Roth IRA accumulates completely tax-free. When you retire and begin making qualified withdrawals, you owe zero federal income tax on any of it — not on your contributions, and not on decades of investment gains. For a young worker starting at 25 and retiring at 65, this can mean hundreds of thousands of dollars in tax-free income that would have otherwise gone to the IRS under a taxable account or a Traditional IRA.

2026 Roth IRA Income Limits and Phase-Outs

The IRS sets income limits that determine who can contribute directly to a Roth IRA. For 2026, single filers with a MAGI above $165,000 and married filing jointly filers with a MAGI above $246,000 are not eligible to contribute directly. Between the phase-out floor and ceiling, your allowable contribution is reduced proportionally. You can find the official IRS Roth IRA rules and current limits at the IRS Roth IRA resource page. If your income exceeds the limit, consult a tax professional about the backdoor Roth IRA strategy, which allows higher earners to still benefit from Roth accounts. For broader retirement planning guidance, the SEC’s Investor.gov retirement guide is an excellent free resource.

Scroll to Top