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Calculators


Got a question that involves number crunching? Use the calculators on this page to find the mathematical answer to the most commonly asked number-crunching questions, and see your inputs displayed next to the graph, chart, and/or table output in a side-by-side display.

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Roth IRA Future Value Calculator
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IRA contribution limits, including "catch-up" contributions for individuals age 50 or over, are summarized in the table below

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This calculator will estimate and chart the future value of a Roth IRA, and compare it to the estimated future value of a similar taxable investment, at the time of your retirement. The calculation assumes that the same annual contribution is made at the end of each year until retirement. Earnings are compounded annually. All income, dividends, and capital gains distributions are reinvested, and any resulting taxes on the taxable investment are paid with funds from the account. Investment fees and expenses, which are generally different for tax-advantaged and taxable investments, are not deducted.




Contributions to a Roth IRA are not tax deductible. Depending on an individual's tax filing status and modified adjusted gross income, allowable contributions to a Roth IRA may be less than the amounts shown below.

Contribution limits:

Tax year beginning inContribution limits (under age 50)Additional catch-up contribution limits (age 50 or over)
2007$4,000$1,000
2008 to 2012$5,000$1,000
2013 - 2017$5,500$1,000


Qualified distributions from a Roth IRA are not subject to federal income tax. Withdrawals of earnings before age 59½ may be subject to income tax and a 10 percent penalty. Special rules apply to amounts converted from a traditional IRA to a Roth IRA.

Roth IRA Future Value Calculator Chart
These charts illustrate an estimate of the future value of your IRA based on the supplied data and the assumptions that follow.

The estimated future value of your Roth IRA at the time of your retirement is $504,642.

The estimated future value of a similar taxable investment at the time of your retirement is $398,029.



    Assumptions

  • The same annual contribution is made at the end of each year until retirement. Earnings are compounded annually. All income dividends and capital gains distributions are reinvested, and any resulting taxes are paid with funds from the account.
  • Contributions to a Roth IRA are not tax deductible. Depending on an individual's tax filing status and modified adjusted gross income, allowable contributions to a Roth IRA may be limited.
  • Qualified distributions from a Roth IRA are not subject to federal income tax. Withdrawals from Roth IRAs that do not qualify for tax-free treatment are subject to federal income tax to the extent they consist of investment earnings. A 10% additional penalty tax may also apply to withdrawals made prior to age 59½ (some exceptions apply). Special rules apply to amounts converted from a traditional IRA to a Roth IRA.
Note: This is a hypothetical example and is not intended to reflect the performance of a specific investment, nor is it an estimate or guarantee of any future value. Investment fees and expenses have not been deducted. If they had been, the results would have been lower. Current maximum tax rates that apply to long-term capital gain and qualifying dividends could make the taxable investment more favorable than shown here. When making an investment decision, investors should consider their personal investment horizons and income tax brackets, both current and anticipated. It is also important to note that this illustration assumes a fixed annual rate of return; the rate of return on your actual investment portfolio will be different, and will vary over time, according to actual market performance. This is particularly true for long-term investments. It is important to note that investments offering the potential for higher rates of return also involve a higher degree of risk to principal.
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This communication is strictly intended for individuals residing in the state(s) of AZ and NV. No offers may be made or accepted from any resident outside the specific states referenced.
 


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