Roth IRA Savings Calculator

Creating a Roth IRA can make a big difference in your retirement savings. There is no tax deduction for contributions made to a Roth IRA, however all future earnings are sheltered from taxes. The tax shield is better than a variable annuity or a regular IRA that only provides tax deferred growth. The Roth IRA provides truly tax-free growth.

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Definitions

Current age:Your current age.
Annual contribution:The amount you will contribute to your Roth IRA each year.
Expected rate of return:The annual percent you expect to earn on your investment.
Age of retirement:Age you desire to retire.
Marginal tax rate:The marginal tax rate you expect to pay on your taxable investments.
Years until retirement:Number of years before retirement.
Roth total at retirement:Total value in your ROTH IRA at your retirement.
Total taxable savings:The total amount you would have accumulated by retirement in a taxable savings account.


information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

 

*These materials are not an offer to sell or solicitation of an offer to buy any security, nor shall any such security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.

IMPORTANT CONSUMER INFORMATION

(1) A broker-dealer, investment advisor, BD agent or IA rep may only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if they are excluded or exempted from the state's broker-dealer, investment advisor, BD agent or IA rep requirements, as the case may be; and
(2) Follow-up, individualized responses to consumers in a particular state by broker-dealer, investment advisor, BD agent or IA rep that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, as the case may be, shall not be made without first complying with the state's broker-dealer, investment advisor, BD agent or IA rep requirements, or pursuant to an applicable state exemption or exclusion. (3) For information concerning the licensure status or disciplinary history of a broker-dealer, investment advisor, BD agent or IA rep, a consumer should contact his or her state securities law administrator.