Retirement Calculator

Stay on track

Saving part of your paycheck can add up over time.

I am

years old. I plan to retire at age
. I make
$ 
 per year before taxes. I currently have
$ 
 in Roth IRA savings. I plan to save
%
 of every paycheck. For tax filing purposes, I am
.

Your potential Roth IRA savings for retirement.

Based on your age, annual salary, and expected retirement age, your Roth IRA balance could grow to $499,571 by the time you reach 65. This would provide $2,336.53 every month for 25 years.

Savings by Age
Bar chart with 4 bars.
Savings by Age
The chart has 1 X axis displaying Age.
The chart has 1 Y axis displaying values. Range: 0 to 600000.
End of interactive chart.

How this calculator works

The calculations made with this calculator are not intended to be considered as financial advice, nor are they guarantees. This calculator provides an estimate of your potential retirement savings with a Roth individual retirement account (IRA) over time. You should not rely on this data as an accurate prediction of your future savings or returns.

This Roth IRA Retirement calculator is based on some assumptions:

  • The assumed inflation rate has been set to 3%.

  • The assumed investment rate of return is 6%.

  • The calculator assumes you will live until you are 90 years old.

  • The calculator assumes you will retire no later than 80 years old.

Explore more about RetirePath Virginia

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Contributions

Find the how your contributions can add up.

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Investments

Examine the numbers and explore the different contribution option breakdowns.

See the numbers
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Withdrawal

Your money is always yours. Find out more about making withdrawals.

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