IRA Calculator

Current Age: Retirement Age: Current IRA Balance: Annual Contribution: Expected Annual Return (%): Calculate

Planning for retirement can be complex, but our IRA Calculator simplifies the process. Designed for individuals looking to understand their retirement savings potential, this tool helps you estimate how much you can accumulate in an Individual Retirement Account (IRA) over time. Whether you're just starting your retirement savings journey or are a seasoned investor, this calculator is invaluable for making informed financial decisions.

With the IRA Calculator, you can:

• Estimate future IRA balance based on contributions and growth rate.
• Compare traditional and Roth IRA options.
• Adjust for different contribution levels and timeframes.
• Visualize the impact of compound interest on your savings.

How to Use

1. Enter your current age and the age you plan to retire.
2. Input your current IRA balance, if any, and your expected annual contribution.
3. Select an estimated annual return rate based on your investment strategy.
4. Choose between a traditional or Roth IRA to see potential tax impacts.
5. Click "Calculate" to see your projected retirement savings.

Our IRA Calculator is just one of many tools available to help you plan for a secure financial future. Explore our other resources to continue building your retirement strategy and take the next step towards achieving your financial goals.