Result
How to use this calculator
Enter your age, modified adjusted gross income (MAGI), yearly contribution, current balance, and expected return. It checks the 2026 limit and income phase-outs, then projects your tax-free balance to age 65. Share a pre-filled link like ?age=32&income=82000&contrib=7500&balance=30000&rate=7.
2026 Roth IRA limits (verified)
For 2026 the total contribution limit is $7,500 ($8,600 if you are 50 or older, including the catch-up). Income phase-outs for 2026: $153,000–$168,000 for single filers and $242,000–$252,000 for married filing jointly. Above the top of your range you cannot contribute to a Roth directly; inside the range your limit shrinks proportionally. Source: IRS Notice 2025-67 and Pub 590-A (retrieved 2026-09-18).
The formula
Future value = balance × (1+r)^y + contribution × (((1+r)^y − 1) ÷ r), where r is the annual return and y = 65 − your age. Contributions are made at the end of each year and grow tax-free — qualified withdrawals in retirement are 100% tax-free.
Example: age 32, $7,500 per year, 7% return
Start at $30,000, add $7,500 a year for 33 years at 7%, and the account grows to about $1.17 million — about $277,500 contributed, the rest tax-free growth.
FAQ
What is the 2026 Roth IRA contribution limit?
$7,500 for 2026, or $8,600 if you turn 50 during the year (the extra $1,100 is the catch-up). You cannot contribute more than your earned income. Source: IRS Notice 2025-67 (retrieved 2026-09-18).
What are the 2026 income phase-out ranges?
Single or head of household: $153,000–$168,000 MAGI. Married filing jointly: $242,000–$252,000. Inside the range your limit shrinks proportionally; above the top you cannot contribute directly (a backdoor conversion is a common workaround — talk to a tax pro).
Roth IRA vs traditional IRA — which saves more tax?
A Roth gives tax-free withdrawals in retirement but no deduction now; a traditional IRA deducts now but taxes withdrawals. Expect a higher rate in retirement and the Roth usually wins; in a high bracket today, the traditional can. Many savers split contributions between both.