Roth IRA Calculator 2026 — Tax-Free Retirement Growth
Every dollar of growth in a Roth IRA is tax-free in retirement — no RMDs, no tax on qualified withdrawals. Project what consistent annual contributions (up to the 2026 limit of $7,500) grow into over your career.
- Total contributed
- $240,000.00
- Tax-free growth
- $644,229.33
Growth by year
| Year | Contributed | Interest earned | Balance |
|---|---|---|---|
| 1 | $7,500.00 | $1,329.72 | $23,829.72 |
| 2 | $7,500.00 | $1,968.02 | $33,297.73 |
| 3 | $7,500.00 | $2,652.46 | $43,450.20 |
| 4 | $7,500.00 | $3,386.38 | $54,336.58 |
| 5 | $7,500.00 | $4,173.36 | $66,009.94 |
| 6 | $7,500.00 | $5,017.23 | $78,527.17 |
| 7 | $7,500.00 | $5,922.10 | $91,949.27 |
| 8 | $7,500.00 | $6,892.39 | $106,341.66 |
| 9 | $7,500.00 | $7,932.81 | $121,774.47 |
| 10 | $7,500.00 | $9,048.45 | $138,322.93 |
| 11 | $7,500.00 | $10,244.74 | $156,067.67 |
| 12 | $7,500.00 | $11,527.51 | $175,095.18 |
| 13 | $7,500.00 | $12,903.01 | $195,498.19 |
| 14 | $7,500.00 | $14,377.95 | $217,376.13 |
| 15 | $7,500.00 | $15,959.50 | $240,835.64 |
| 16 | $7,500.00 | $17,655.39 | $265,991.03 |
| 17 | $7,500.00 | $19,473.88 | $292,964.91 |
| 18 | $7,500.00 | $21,423.82 | $321,888.73 |
| 19 | $7,500.00 | $23,514.73 | $352,903.46 |
| 20 | $7,500.00 | $25,756.79 | $386,160.25 |
| 21 | $7,500.00 | $28,160.92 | $421,821.17 |
| 22 | $7,500.00 | $30,738.85 | $460,060.02 |
| 23 | $7,500.00 | $33,503.14 | $501,063.16 |
| 24 | $7,500.00 | $36,467.26 | $545,030.42 |
| 25 | $7,500.00 | $39,645.66 | $592,176.08 |
| 26 | $7,500.00 | $43,053.82 | $642,729.90 |
| 27 | $7,500.00 | $46,708.36 | $696,938.27 |
| 28 | $7,500.00 | $50,627.09 | $755,065.36 |
| 29 | $7,500.00 | $54,829.10 | $817,394.46 |
| 30 | $7,500.00 | $59,334.88 | $884,229.33 |
How this calculator works
- Contributions are made with after-tax money; growth and qualified withdrawals (age 59½ + 5-year rule) are completely tax-free.
- At 7% for 30 years, maxing the 2026 limit of $7,500/year grows to roughly $762k — the majority of it untaxed growth.
Frequently asked questions
Who can contribute to a Roth IRA?
You need earned income, and eligibility phases out at higher incomes (around $150k–$165k single in recent years). Above that, the 'backdoor Roth' conversion route remains widely used.
Roth IRA vs 401(k) — which first?
Common order: 401(k) to the full match → Roth IRA to the max → back to the 401(k). The IRA adds investment flexibility that employer plans often lack.
Can I withdraw early?
Your direct contributions (not earnings) can be withdrawn anytime tax- and penalty-free — one reason the Roth doubles as a deep emergency reserve.
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Disclaimer: Results are estimates for educational purposes only and are not tax, legal, or financial advice. Tax rules are simplified (credits, phase-outs, and local taxes may not be modeled). Verify important decisions with the IRS, your state tax authority, or a licensed professional.