IRA Calculator
Evaluate whether a Traditional or Roth IRA is better for your situation. Compare pre-tax vs after-tax contributions, see projected balances at retirement, and understand the tax impact based on your current and expected retirement tax brackets.
Inputs
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Results
Traditional (Pre-Tax)
$1,127,807
Traditional (After Tax)
$958,636
Roth (Tax-Free)
$1,127,807
Recommendation
Roth IRA may be better since your retirement tax rate is the same or higher
Traditional vs Roth IRA Growth
After-Tax Retirement Value
Year-by-Year Comparison
| Age | Traditional | Roth | Cumulative Tax Savings |
|---|---|---|---|
| 31 | $23,050.00 | $23,050.00 | $1,540.00 |
| 32 | $31,663.50 | $31,663.50 | $3,080.00 |
| 33 | $40,879.95 | $40,879.95 | $4,620.00 |
| 34 | $50,741.54 | $50,741.54 | $6,160.00 |
| 35 | $61,293.45 | $61,293.45 | $7,700.00 |
| 36 | $72,583.99 | $72,583.99 | $9,240.00 |
| 37 | $84,664.87 | $84,664.87 | $10,780.00 |
| 38 | $97,591.41 | $97,591.41 | $12,320.00 |
| 39 | $111,422.81 | $111,422.81 | $13,860.00 |
| 40 | $126,222.41 | $126,222.41 | $15,400.00 |
| 41 | $142,057.97 | $142,057.97 | $16,940.00 |
| 42 | $159,002.03 | $159,002.03 | $18,480.00 |