Traditional IRA Vs. Roth IRA Calculator

This IRA calculator helps you determine whether a Traditional IRA or Roth IRA is the best vehicle for your retirement savings and is based on the 2016 IRA contribution and deduction limits. Note: Roth 401(k) comparisons should not be made with this calculator.

Your Age & Retirement Age
Investment Style
Participate in an Employer Plan
Select a tax filing status
Max Annual IRA Contributions
 Traditional IRARoth IRA
Total Contributions$64,000$64,000
Contributions + Investment Growth$132,317$132,317
Taxes due at retirement$10,247--
Value of reinvested tax deductions$0--
Value at retirement (age 65)$122,069$132,317
For details on criteria, calculations, limitations and assumptions used, please see:

Calculations & Assumptions

This calculator is for informational purposes only and should not be considered investment advice. The results presented by this calculator are hypothetical and may not reflect the actual growth of your own investments. It also assumes that all contributions to a traditional IRA are made on a before-tax basis and that no distributions are taken before age 59 ½. It does not take minimum distribution requirements into consideration. Scottrade is not responsible for the consequences of any decisions or actions taken as a result of information provided by this tool. Scottrade is not responsible for any human or mechanical errors or omissions. Please consult a tax, legal, or financial advisor with questions regarding your investment objectives and personal tax or financial situation.

The information and content provided in the Scottrade® Knowledge Center is for informational and/or educational purposes only. The information presented or discussed is not, and should not be considered, a recommendation or an offer of, or solicitation of an offer by, Scottrade or its affiliates to buy, sell or hold any security or other financial product or an endorsement or affirmation of any specific investment strategy. You are fully responsible for your investment decisions. Your choice to engage in a particular investment or investment strategy should be based solely on your own research and evaluation of the risks involved, your financial circumstances and your investment objectives. Scottrade, Inc. and its affiliates are not offering or providing, and will not offer or provide, any advice, opinion or recommendation of the suitability, value or profitability of any particular investment or investment strategy.