FinanceUpdated Aug 2026

Roth IRA Calculator

Project your tax-free retirement balance. Accounts for the 2026 contribution limit and the income phase-out that determines whether you can contribute the full amount.

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Updated 2026

What is a Roth IRA?

A Roth IRA is an individual retirement account that accepts after-tax contributions and lets your savings grow tax-free. Qualified withdrawals in retirement — including all investment earnings — are not subject to federal income tax. The IRS limits how much you can contribute each year and phases out eligibility at higher income levels. The calculator below projects your Roth IRA balance at retirement and tells you whether your current income lets you contribute the full amount.

Roth IRA Projection

2026 limit: $7,500 under 50; $8,600 age 50+

2026 phase-out range: $153,000–168,000

Result at age 65

Projected balance:

$1,074,424

Total contributions:

$245,000

Tax-free investment growth:

$819,424

Years to retirement:

35

Your income is below the phase-out threshold — you can contribute the full amount.

Roth IRA withdrawals of contributions are always tax- and penalty-free. Withdrawals of earnings before age 59½ are subject to income tax plus a 10% penalty unless an exception applies.

2026 Roth IRA Contribution Limits

Category2026 Limit
Under age 50$7,500
Age 50 and older (includes catch-up)$8,600
Single / Head of Household MAGI phase-out$153,000$168,000
Married Filing Jointly MAGI phase-out$242,000$252,000
Married Filing SeparatelyPhased out above $10,000

Source: IRS announcement, fall 2025 (confirmed by Charles Schwab, Motley Fool, Wells Fargo). 2026 Roth IRA contribution limit increased from $7,000 (2025) to $7,500.

Verified accuracy

Cross-checked against authoritative formulas (IRS, NIST, ACM) and updated for 2025/2026 tax years and rates.

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Learn as you calculate

Each calculator includes the formula, plain-English explanation, and FAQs so you understand the result.

Estimates only. Calculator results are for educational and planning purposes — not professional advice. For binding decisions on taxes, investments, health, or legal matters, consult a qualified professional.

FAQ

Frequently asked questions

Everything you need to know about this calculator. Can't find what you're looking for? Email our team.

A Roth IRA calculator is a free retirement planning tool that projects how much your Roth IRA account will grow by retirement and whether your income lets you contribute the full amount. Our Roth IRA calculator factors in current balance, annual contribution, expected return, MAGI, filing status, and years to retirement. The Roth IRA calculator also tells you whether you're in the phase-out range and adjusts the projected contribution accordingly.

How it works

How to project your Roth IRA balance at retirement

Our Roth IRA calculator projects how your account grows tax-free, factoring in the IRS contribution limit and your MAGI phase-out range.

  1. 1

    Enter your age and target retirement age

    Type your current age and the age you plan to retire. The Roth IRA calculator uses the difference as the projection horizon.

  2. 2

    Enter current balance and planned annual contribution

    Type the amount already in your Roth IRA and how much you plan to contribute each year (up to the IRS limit). The Roth IRA calculator caps at $7,500 (under 50) or $8,600 (age 50+).

  3. 3

    Set your expected annual return

    Enter the expected annual return. Roth IRAs typically hold stock-and-bond portfolios — historical S&P 500 nominal return is ~10%, conservative is 6-7%. The Roth IRA calculator models this as a constant annual rate.

  4. 4

    Enter your MAGI and filing status

    Type your Modified Adjusted Gross Income (line 11 of Form 1040 plus add-backs). Pick single or married filing jointly. The Roth IRA calculator uses this to determine your allowed contribution (full, partial, or zero in the phase-out range).

  5. 5

    Read the result

    The Roth IRA calculator shows your projected tax-free balance at retirement, total contributions, total tax-free investment growth, and whether your income keeps you in the contribution phase-out range.

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