Contributions to a Roth IRA grow and come out tax-free in retirement. See what your balance could become, and how much of it is growth you never pay tax on.
A Roth IRA growth calculator projects what your account could become by retirement and shows how much of the balance is tax-free growth. Roth contributions are made with after-tax dollars, so qualified withdrawals in retirement, including all the growth, come out tax-free.
Because qualified Roth withdrawals are never taxed, decades of compounding growth belong entirely to you. On a long horizon the growth often dwarfs the contributions, which is why starting early matters so much: the same dollars have more years to compound before you need them.
For 2025 you can contribute up to 7,000 a year, or 8,000 if you are 50 or older, provided your income is under the phase-out thresholds. Contributions can be withdrawn at any time without tax or penalty, while earnings are tax-free once you are 59 and a half and have held a Roth for five years. This projection assumes a steady return, so treat it as an illustration rather than a promise.
7,000 per year, or 8,000 if you are 50 or older, subject to income phase-outs at higher earnings.
Qualified withdrawals are. You must be at least 59 and a half and have held a Roth for five years for the earnings to come out tax-free.
Yes. Because you already paid tax on them, your contributions (not the earnings) can be withdrawn anytime without tax or penalty.
See the exact formula and a worked example on our methodology page.