Roth IRA Comparison Calculator
This calculator can help you decide whether the Roth IRA would provide an advantage over a regular deductible IRA for your own situation.
The first section, which is optional, handles the conversion of an existing IRA to a Roth IRA. The other entries deal with future contributions. The results show the post-tax annual income you would have with each IRA.
Conversion of Existing IRA
Current IRA Balance:
Source of Taxes Due on Conversion:
if you select funds
your IRA, an amount equal to the tax due is added to the non-sheltered account corresponding to the regular IRA
Funds outside my IRA
Funds from my IRA
Total Annual Contributions
(including non-sheltered contributions):
Contributions can be higher than the IRA limit. The calculator will put as much as possible into each IRA, and put the excess into a non-sheltered account
IRA Contribution Limit:
(Experts only) Contributions are stated in:
Your Investment and Taxes
Years until Retirement:
Years to make Withdrawals:
Investment Rate of Return:
Results: Annual Withdrawals available during Retirement
The calculators at this site are designed to help you to understand the issues that need to be considered in determining the investment option or options suitable for you. However, the calculators should not be seen as a substitute for professional advice from a financial planner who takes into account your personal financial circumstances and needs. We strongly recommend that you discuss your requirements with a qualified financial adviser, who can take into account your personal financial position and can help you choose a strategy that suits your own personal circumstances.