Roth IRA vs Traditional IRA Calculator
Compare Roth and Traditional IRA after-tax value at retirement.
Quick Answer
Tax-free balance at 65: $707,511
Annual contribution
$7,000
Years of growth
30 years
Total contributed
$210,000
Tax-free growth
$497,511
Pretax equivalent (24% bracket)
$930,936
- ✓$497,511 in growth comes out completely tax-free — no taxes on withdrawal in retirement
- ✓At your 24% bracket, this Roth balance is equivalent to $930,936 in a Traditional IRA
- ✓Roth wins when you expect higher tax rates in retirement than today
- ✓2026 Roth IRA limit: $7,000/yr ($8,000 if age 50+). Income limits apply above $150K (single) / $236K (married)
Roth IRA Balance at Retirement
$707,511.29
Annual Tax-Free Withdrawals (4%)
$28,300.45
Traditional IRA (After-Tax Value)
$707,511.29
Roth Advantage
$0.00
2026 Roth IRA income phase-out: $150K–$165K single, $236K–$246K married.
Frequently Asked Questions
How much will a Roth IRA be worth if I start contributing $7,000/year at age 35?
Tax-free balance at 65: $707,511 — entirely tax-free. This assumes 7% average annual return over 30 years. All growth is yours with no taxes owed on withdrawal.
Should I choose Roth IRA or Traditional IRA?
Roth wins if you expect to be in a higher tax bracket in retirement than now. Traditional wins if you want the tax break today. At 24% current bracket: if you expect a higher rate later, Roth is better. If you expect the same or lower rate, Traditional may save more overall.
What are the 2026 Roth IRA contribution limits and income limits?
You can contribute up to $7,000/year ($8,000 if age 50+). Phase-out begins at $150,000 (single) and $236,000 (married filing jointly) of MAGI. Above those limits, use a backdoor Roth IRA or maximize your 401(k) Roth option instead.
Can I withdraw Roth IRA contributions before retirement?
Yes — you can withdraw your original contributions (not earnings) at any time, tax and penalty free. Earnings can be withdrawn tax-free after age 59½ if the account is at least 5 years old. This flexibility makes Roth IRA a useful emergency backup over Traditional.
Related Scenarios
Results are estimates for informational purposes only and do not constitute financial advice. Tax figures use 2026 US rates. Consult a licensed financial advisor before making financial decisions.Last updated: April 2026