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Roth and Traditional IRA Comparison Calculator

    This calculator can help you decide on whether to use a traditional IRA or to convert to a Roth IRA.

Conversion of Existing IRA

 Current IRA Balance:

$

 Source of Taxes Due on Conversion: *

 

Funds outside my IRA
Funds from my IRA

Future Contributions

 Total Annual Contributions
  (including non-sheltered contributions): **

$

 IRA Contribution Limit:

$

Your Investment and Taxes

 Years until Retirement:

 

 Years to make Withdrawals:

 

 Investment Rate of Return:

 

%

 Tax Bracket

   

 pre-retirement:

 

%

   

 during retirement:

 

%

Results: Annual Withdrawals available during Retirement

 Regular IRA:

$

 Roth IRA:

$

 

* Source of taxes due on conversion: if you select funds outside your IRA, an amount equal to the tax due is added to the non-sheltered account corresponding to the regular IRA.

** Contributions can be higher than the IRA limit. The calculator will put as much as possible into each IRA, and put the excess into a non-sheltered account.