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How much will my Traditional IRA be worth at retirement?

Use this calculator to compute the amount you can save in a tax-deferred Traditional IRA. Contributions to your Traditional IRA are usually tax deductible now, but you pay taxes when you withdraw the funds in retirement.

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Your actual qualifying contribution may differ significantly from the amounts listed above (for reasons such as income, filing status, employer benefits, and more). We strongly recommend that you consult your tax advisor before contributing to a retirement program.

  • Calculator tips

    This calculator uses annual compounding. Annual deposits start today and the final withdrawal amount is available one year after the last deposit.


    Your actual qualifying contribution may differ significantly from the amounts listed above (for reasons such as income, filing status, employer benefits, and more). We strongly recommend that you consult your tax advisor before contributing to a retirement program. Qualifying contributions are usually limited as follows:


    Year Annual Contribution Limit

    2002 through 2004 $3,000 per individual

    2005 through 2007 $4,000 per individual

    2008 through 2012 $5,000 per individual

    2013 onward* $5,500 per individual

    * Beginning in 2009, the contribution limit will adjust annually for inflation in $500 increments.


    If you are age 50 or over, you may qualify for an additional catch-up contribution as follows:


    Year Additional Catch-Up Contribution

    2002 through 2005 $500 per individual

    2006 onward $1,000 per individual

  • Calculator disclaimer

    The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.