👵 How much would you save with a Roth IRA?

Finn

This calculator is a handy tool for anyone trying to decide whether to direct their retirement savings into a Roth or Traditional IRA. It completely overhauls its original FIRE-focused template to provide a clean, focused comparison of tax strategies. By comparing your current tax bracket to your expected bracket in retirement, it estimates exactly how much you could gain (or lose) by paying taxes upfront. Keep in mind that the "Total Future Balance" shows the gross amount; if you opt for a Traditional IRA, you'll still owe taxes on those withdrawals in retirement, so your actual spendable cash will be lower.

Reviewed v26.7.2