Retirement Calculator - ROTH IRA calculator

When using a Roth IRA (individual Retirement Agreement) you are able to pay taxes on whatever your contributions to it are, but you are able to withdraw these funds while in retirement, tax-free. You are able to specify how much your annual contribution will be either before, or after tax.

Note: you are also given the opportunity to set a figure on maturity in order to see how much you will have to contribute on an annual basis. In order to do this, you will either have to enter all of the details required except from the Annual Contribution, or once calculated, simply amend the Maturity.

Roth IRA
Detail Figures Notes
Annual Contribution £ Enter your Annual Contribution either before or after Tax
Contribution is Amount Paid Select "After Tax" or "Before Tax" from dropdown list
Current Tax Rate Only required if Contribution is Before Tax
Nett Amount Annual Contribution allowing for Tax
Saving period (in years) Number of years to Maturity
Rate of Return (%) Interest Rate payable annually on anniversary
Maturity Amount £ Total fund you can withdraw for your retirement on Maturity
Payment Schedule

The Payment Schedule is based on a Rate of Return and fixed Annual Contribution

Page: 1

Payment No. Nett Payment Amount Interest Balance


You may also want to try our Traditional IRA Calculator.

Rating: 2.9/5 (29 votes)