IRA Calculator
FV = B(1+r)^n + C×((1+r)^n−1)÷r where n=years to retirementn=30, balance grows to ≈$172,304; contributions add ≈$553,510; total≈$725,814
Free online tool
IRA Calculator
Enter your age, retirement age, current balance and annual contributions.
Instant calculation
IRA Calculator
Enter your age, retirement age, current balance and annual contributions.
Your result
Calculation
Your numbers stay in this browser. Nothing is uploaded or saved.
Three clear steps
How to use this calculator
- 01
Enter age and balance
Type your current age and IRA balance.
- 02
Set retirement age
Enter your target retirement age.
- 03
Enter contributions and return
Provide your annual contribution and expected return rate.
The formula
How this calculation works
Traditional IRA contributions may be tax-deductible. Growth is tax-deferred until withdrawal.
Check the method
Worked examples
Each example follows the same formula used by the calculator.
Age 35, retire 65, $30,000 balance, $7,000/year at 6%?
n=30, balance grows to ≈$172,304; contributions add ≈$553,510; total≈$725,814≈ $725,814Common questions
Questions about this calculation
What is the IRA Calculator?
The IRA Calculator helps you project the future value of a Traditional IRA with annual contributions. Enter your values and select Calculate to get an instant result.
How is the result calculated?
Traditional IRA contributions may be tax-deductible. Growth is tax-deferred until withdrawal.
Can you show an example?
Example: Age 35, retire 65, $30,000 balance, $7,000/year at 6%? — ≈ $725,814.
Is my data saved when I use the IRA Calculator?
No. All calculations run locally in your browser. Your inputs and results are never uploaded, stored or shared with anyone.
Is the IRA Calculator free to use?
Yes. The IRA Calculator is completely free. No account, sign-up or payment is required. It works on mobile, tablet and desktop.
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