Roth IRA Calculator

Roth IRA Conversion Calculator

This Roth IRA calculator that will compare the tax consequences of keeping your traditional IRA vs. converting to a Roth IRA.

Assumptions:

Calculator assumes you will keep your Roth IRA for at least 5-years and you won't withdraw any funds until after age 59-1/2.
Calculator also assumes your return on investment and tax brackets remains constant.
Finally, this calculator does not account for any state taxes or alternative minimum tax.

All results are hypothetical, so be sure to consult a qualified tax professional before making any decisions regarding your existing IRA.


Current age:
Estimated retirement age:
Number of years to receive income from IRA:
Pre-retirement rate of return on investments (% before tax):
Post-retirement rate of return on investments (% before tax):
Estimated federal income tax bracket (%):
Estimated tax bracket during retirement (%):
Current IRA balance:
Non-deductible portion of current IRA balance:
Conversion tax will be paid from:

At Conversion	Traditional IRA	> Roth IRA
Current deductible portion of IRA:
Non-deductible portion of current IRA:
Forgone investment amount used to pay conversion tax:
Conversion amount:
Conversion tax paid from IRA:
Comparison balance:
From Now Until Retirement Age	Traditional IRA	Roth IRA
Estimated deductible portion of balance:
Estimated non-deductible portion of balance:
Estimated of forgone investment value:
Estimated Roth IRA balance:
Estimated value at retirement:
During Retirement	Traditional IRA	Roth IRA
Annual after-tax income from deductible portion:
Annual after-tax income from non-deductible portion:
Annual forgone investment income:
Annual Roth IRA income:
Comparison Totals	Traditional IRA	Roth IRA
Total annual after-tax income:
Total monthly after-tax income:

IMPORTANT!! If you are using this calculator to figure how much money you need to retire make sure to see these essential educational resources showing you how to get the calculation right…