Traditional IRA vs Roth IRA Calculator

Compare long-term outcomes of contributing to a Traditional vs. Roth IRA.

Shared Inputs

Annual Contribution

$

Years to Retirement

Current Tax Rate

%

Expected Retirement Tax Rate

%

Expected Annual Return

%

Traditional IRA

Future Value$472,542

After-Tax Value$368,583

Tax Savings Now$42,000

Roth IRA

Future Value$359,132

After-Tax Value$359,132

Tax Savings Now$0

Recommendation

Roth Advantage-$9,451

Traditional IRA may be better - tax savings now are more valuable