Roth IRA Calculator
Updated on 20 Oct 2026 for the 2026 tax year · Checked by Aotob
Putting $7,500 a year into a Roth IRA from 30 could grow to $1,126,447 by 65, tax-free.
At $85,000 of income (single) your 2026 limit is $7,500. This assumes 7% a year and the same contribution every year.
Roth IRA at 65
$1,126,447tax-free
Compared with a taxable account, avoiding 15% capital gains tax on the growth is worth about $128,842.
Show the working
2026 limit: 7,500 = 7,500
Each year: balance × (1 + 7%) + 7,500
At 65 = 1,126,447
How your $1,126,447 builds up
Balance by age
| Age | Put in | Balance |
|---|---|---|
| 40 | 80,000 | 117,086 |
| 50 | 155,000 | 337,576 |
| 60 | 230,000 | 771,313 |
| 65 | 267,500 | 1,126,447 |
Questions people ask
How much can I put in a Roth IRA in 2026?
$7,500, or $8,600 if you are 50 or older. The limit shrinks for single filers with modified AGI between $153,000 and $168,000, and for married couples filing jointly between $242,000 and $252,000.
Roth or traditional IRA?
A Roth is taxed now and tax-free later; a traditional IRA may cut your tax now and is taxed later. If you expect a higher tax rate in retirement, a Roth usually wins.
Can I take money out early?
You can withdraw your contributions at any time without tax or penalty. Earnings are tax-free after age 59½ once the account is five years old.
Updated 20 Oct 2026Tax year 2026Source: IRS Notice 2025-67 (2026 IRA limits)Checked by AotobAn estimate, not financial adviceReport an issue