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Traditional IRA Vs. Roth IRA Calculator
This IRA calculator helps you determine whether a Traditional IRA or Roth IRA is the best vehicle for your retirement savings and is based on the 2015 IRA contribution and deduction limits. Note: Roth 401(k) comparisons should not be made with this calculator.
| Traditional IRA | Roth IRA | |
|---|---|---|
| Total Contributions | $64,000 | $64,000 |
| Contributions + Investment Growth | $132,317 | $132,317 |
| Taxes due at retirement | $10,247 | -- |
| Value of reinvested tax deductions | $0 | -- |
| Value at retirement (age 65) | $122,069 | $132,317 |
Calculations & Assumptions