IRA Calculator
Project the growth of your IRA contributions.
About the IRA Calculator
Project how an IRA grows over time. Enter your current balance, annual contribution (up to the IRS limit), expected annual return, and years until retirement — the calculator shows your projected balance, total contributions, and growth. Whether you're comparing a Roth or Traditional IRA, this shows the raw compounding power of consistent annual contributions in a tax-advantaged account.
How to use the IRA Calculator
- 1Enter your current balance, annual contribution, return, and years.
- 2Read the result instantly — it recalculates as you type.
- 3Adjust the numbers to model different scenarios.
Frequently asked questions
Roth or Traditional IRA?
Roth uses after-tax money and grows tax-free; Traditional is pre-tax and taxed on withdrawal. Roth often wins if you expect a higher tax rate later.
What's the contribution limit?
The IRS sets an annual limit (with an extra catch-up amount at 50+). Check the current year's figure — this tool accepts any contribution you enter.
How much can an IRA grow?
Decades of maxed contributions plus compounding can reach hundreds of thousands. Adjust the return and years to see your scenario.