Traditional IRA Calculator
Calculate your traditional IRA growth with tax benefits and project your retirement savings.
Traditional IRA Details
IRA Projection
Years to Retirement:30 years
Total Contributions:$195,000
Investment Growth:$536,733
Total at Retirement:$731,733
Taxable at Withdrawal
Tax Benefits
Annual Tax Savings:$1,320
Total Tax Savings:$39,600
Taxes at Withdrawal:$131,712
Net After-Tax Value:$600,021
✅ Tax advantage! You save 4.0% by deferring taxes.
IRA Growth Breakdown
Traditional IRA vs Roth IRA
Traditional IRA:
- • Tax deduction now
- • Tax-deferred growth
- • Taxable withdrawals in retirement
- • Required minimum distributions at 73
- • Good if tax rate will be lower in retirement
Roth IRA:
- • No tax deduction now
- • Tax-free growth
- • Tax-free withdrawals in retirement
- • No required distributions
- • Good if tax rate will be higher in retirement
💡 Consider your current vs future tax situation. You can also contribute to both types up to the combined limit.
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⚠️ For Planning Purposes Only
These calculations are estimates for educational and planning purposes. Always consult with qualified financial professionals before making financial decisions.