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Retirement Calculators

IRA Calculator

Project the balance of a traditional individual retirement account from regular contributions and expected returns.

$
$/month
%

Projected balance at retirement

$923,029

Total contributed
$243,000
Investment growth
$680,029
Projected balance
Yr 2Yr 3Yr 5Yr 6Yr 8Yr 9Yr 11Yr 12Yr 14Yr 15Yr 17Yr 18Yr 20Yr 21Yr 23Yr 24Yr 26Yr 27Yr 29Yr 30

How this calculator works

Balance grows monthly: balance × (1 + r) + contributions

r
the monthly return derived from the annual figure
contributions
your payments plus any employer contribution

Important considerations

  • Annual contribution limits and tax rules apply and change over time.
  • Returns are assumed constant; real outcomes vary year to year.

Learn more

Terms used here

Frequently asked questions

When is tax paid on a traditional IRA?

Contributions may be deductible now and withdrawals are taxed later, which is the reverse of a Roth.

Disclaimer

Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.

Last reviewed 2026-08-01