Configure Inputs

35
1870
$25.00K
$
$0.00$500.00K
$6.50K
$
$0.00$7.00K
8%
%
012
65
3675
$85.00K
$
$20.00K$250.00K

Total Contributions

$220.00K

Investment Growth

$826.81K

IRA Balance at Retirement

After undefined Years

$1.05M

Break-up of Maturity Value

Total Contributions
Investment Growth

Tax Deductible

$1,300

Partially deductible

Annual Tax Savings

$286

Est. at 22% tax bracket

Required Minimum Distribution (RMD)

First RMD at age 73

$17,571

Estimated mandatory withdrawal

IRA Growth Projection

Wealth Compounding Projection

Visualizing how your principal amount and interest grow over time.

Deep Dive & FAQ

Planning for Retirement with a Traditional IRA

Traditional IRAs offer tax-deferred growth and potential immediate tax deductions. This calculator helps you project your balance and estimate future Required Minimum Distributions (RMDs).