IRA Calculator
Estimate how your Traditional or Roth IRA balance could grow over time with steady contributions and compound returns.
What this IRA calculator does
An Individual Retirement Account (IRA) lets your contributions grow through compound returns over many years. This calculator projects your future balance by adding your annual contribution each year and applying your expected rate of return to the running total, from your current age until your planned retirement age.
How the math works
Each year, the calculator takes your balance, grows it by your expected annual return, then adds your contribution for that year. Repeating this for every year between now and retirement produces an estimated ending balance. The difference between that balance and your total contributions is your estimated investment growth.
- Actual IRA contribution limits are set annually by the IRS and vary by age and account type.
- Real returns will vary year to year and are never guaranteed.
This tool is for general planning and educational purposes only and is not tax, investment, or financial advice.