Susan E. Thomas CPA
Roth IRA Future Value Calculator

This calculator will estimate and chart the future value of a Roth IRA, and compare it to the estimated future value of a similar taxable investment, at the time of your retirement. The calculation assumes that the same annual contribution is made at the end of each year until retirement. Earnings are compounded annually. All income, dividends, and capital gains distributions are reinvested, and any resulting taxes on the taxable investment are paid with funds from the account. Investment fees and expenses, which are generally different for tax-advantaged and taxable investments, are not deducted.


IRA contribution limits, including "catch-up" contributions for individuals age 50 or over, are summarized in the table below


Contributions to a Roth IRA are not tax deductible. Depending on an individual's tax filing status and modified adjusted gross income, allowable contributions to a Roth IRA may be less than the amounts shown below.

Contribution limits:

Tax year beginning inContribution limits (under age 50)Additional catch-up contribution limits (age 50 or over)
2008 to 2012$5,000$1,000
2013 - 2017$5,500$1,000

Qualified distributions from a Roth IRA are not subject to federal income tax. Withdrawals of earnings before age 59½ may be subject to income tax and a 10 percent penalty. Special rules apply to amounts converted from a traditional IRA to a Roth IRA.

Prepared by Broadridge Investor Communication Solutions, Inc, Copyright 2011