Your Roth IRA Retirement Plan
return to homepage

2013 Roth IRA Calculator

Use this 2013 Roth IRA calculator to estimate the inflation-adjusted value of your account at your chosen retirement age.

To get the most accurate projections, experiment with different annual contributions, inflation rates, expected rates of return, and/or retirement years.

      2013 Roth IRA Calculator  
      Starting Balance $  
      Annual Contribution $  
      Expected Rate of Return    
      Inflation Rate    
      Current Year    
      Year You Plan To Retire    
      Balance at Retirement $  


    How To Use The 2013 Roth IRA Calculator

    Simply fill out the fields in the 2013 Roth IRA calculator featured above, using a value for each of the following items:

    • Starting Balance
    • Annual Contribution
    • Expected Rate of Return
    • Inflation Rate
    • Current Year, and
    • Year You Plan To Retire

    Not sure what these terms mean? Not sure what numbers to put in?

    Use the section below as a guide for your 2013 Roth IRA calculations.

    Then, as you fill in each field with numbers customized to your situation, the calculator will automatically update to reveal your projected inflation-adjusted balance at retirement.

    2013 Roth IRA Calculator Terms

    Below is an explanation of each calculator term:

    Starting Balance
    This is the current balance in your Roth IRA (if you already have one). If you're still considering opening a Roth IRA, put zero in this field (since you don't have an existing balance).

    Need an example?

    Let's say, you already have $25,000 in your Roth IRA.

    If so, then put $25,000 in the "Starting Balance" field.

    Annual Contribution
    This is the amount you plan to contribute to your Roth IRA on an annual basis.

    For example, let's say you plan to contribute $250 per month to your Roth IRA. If so, then put $3,000 in the "Annual Contribution" field.

    The default for this field is set to $5,000 because that's the maximum contribution if you're under age 50.

    However, the maximum contribution is $6,000 for people age 50 and older. So if you're 50 or older and plan to make the maximum contribution, put $6,000 in the "Annual Contribution" field.

    If you're married, and both you and your spouse intend to make the maximum contribution, then input the appropriate amount in this field.

    For example, if both you and your spouse are over age 50 and eligible to contribute the maximum amount, then put $12,000 in the "Annual Contribution" field.

    Expected Rate of Return
    This is the annual compound rate of return you anticipate receiving on your Roth IRA savings. This will vary from person to person based investing strategy, fees, types of investments, and other factors.

    However, since most people invest their Roth IRA savings in stocks, the default is set to 10.85% - the annual compound rate of return on the S&P 500 from 1959 to 2003.

    If you expect a higher or lower rate of return, adjust accordingly.

    Inflation Rate
    This is the annual rate of inflation you project for the timeframe in which your Roth IRA savings is invested.

    It's important that you don't underestimate the rate of inflation since it will eat away at the purchasing power of your savings over time.

    The default rate is set at 4.1% - the approximate annual rate of inflation over the past seven decades.

    However, if you're more conservative, you might want to use a higher rate of inflation.

    Current Year
    This is fairly self-explanatory. It's 2013!

    Seriously, though, you might want to consider a future year for this field if you're not yet investing in your Roth IRA but plan to do so in the future.

    Year You Plan To Retire
    This is the year in which you'd like to retire, and while you'd probably like to make this the same as the current year, that may not be realistic... (although I hope I'm wrong!)

    Make sure you put a realistic year in this field in order to get the most accurate calculation of your inflation-adjusted Roth IRA savings at retirement.

    Balance At Retirement
    This is the projected inflation-adjusted value of your Roth IRA when you retire.

    The 2013 Roth IRA calculator automatically updates this value when you fill in the aforementioned fields.

    Unlike some Roth IRA calculators, this value represents your savings in terms of today's dollars - meaning a million dollar nest egg will retain the equivalent purchasing power of a million dollars today.

    Calculating Your Retirement Plans

    Understanding the impact of inflation on your retirement savings is essential in creating a savings plan which will provide you with the money you need in your golden years.

    While this Roth IRA calculator provides you with a ballpark estimate of your inflation-adjusted Roth IRA savings, it's important to remember it's only an estimate.

    After all, estimates are only as good as their underlying assumptions.

    So do lot's of research. Refine your plan and make it better by asking tough questions, such as...

    What happens if you get a lower than expected rate of return?

    What happens if inflation is higher than you expected?

    And how will working an extra year or two impact the value of your Roth IRA?

    Explore all possible scenarios, and you'll be much more likely to achieve your retirement savings goals.

    Check out our new Facebook Page and follow us on Twitter!

    Return to the top of 2013 Roth IRA Calculator

    Return to 2013 Roth IRA Limits

    Return to the Your Roth IRA Website Homepage

    What's New?

    Read 5 Reasons Why I Love My Roth IRA, our part in the Good Financial Cents Roth IRA Movement!

    Start planning ahead for next year by checking out 2017 Roth IRA contribution limits, and stay alert to this year's changes to the 2016 Roth IRA contribution limits.

    Our family fully funds our Roth IRA with this website. Learn how you can do it too.

    Are you confused or frustrated by the stock market? Learn how to build real wealth selecting individual stocks for your Roth IRA...

    Read more about what's new on the Roth IRA blog.

    Hi, I'm Britt, and this is my wife, Jen. Welcome to our Roth IRA information website!

    This is our humble attempt to turn a passion for personal finance into the Web's #1 resource for Roth IRA information. But, believe it or not, this site is more than just a hobby. It's a real business that provides a stable and steady stream of income for our family. In fact, because of this site, Jen is able to be a full-time stay-at-home mom and spend more time with our daughter, Samantha.

    But you want to know the best part? ...You can do the same thing! Anyone with a hobby or a passion (even with no previous experience building a website) can create a profitable site that generates extra income.

    If you're tired of solely depending on your job(s) for family income, click here now and learn why our income is increasing despite the financial crisis and how we're making our dreams come true.

    Search This Site

    Roth IRA Basics

    2016 Roth IRA Limits 2015 Roth IRA Limits 2014 Roth IRA Limits Roth IRA Rules Roth IRA Benefits Roth IRA Eligibility Roth IRA Income Limits Roth IRA Withdrawals Roth IRA Contribution Limits Open A Roth IRA

    Roth IRA Calculators

    More About Roth IRAs

    Roth IRA Limits Roth IRA Comparisons Roth IRA Penalties Roth IRA Accounts Roth IRA Taxes Roth IRA Contributions Roth IRA Distributions Roth IRA Investing Roth IRA Rollover Rules Roth IRA Conversions

    Roth IRA Resources

    Best Roth IRA Brokers Roth IRA Calculators Roth IRA Interviews Investing Books Investment Research Site Build It!

    About Your Roth IRA

    About Us Our Roth IRA

    Like Us On Facebook

    Follow Us On Twitter


    [?] Subscribe To
    This Site

    Add to Google
    Add to My Yahoo!
    Add to My MSN
    Add to Newsgator
    Subscribe with Bloglines


    The information contained in Your Roth IRA is for general information purposes only and does not constitute professional financial advice. Please contact an independent financial professional when seeking advice regarding your specific financial situation.

    For more information, please consult our full Disclaimer Policy as well as our Privacy Policy.

    Thank You

    Our family started this site as a labor of love in February 2009, a few months after our daughter was born.

    Thank you for helping it become one of the most visited Roth IRA information sites.

    Thank you, too, to the "SBI!" software that made it all possible.

    We hope you find what you're looking for and wish you much continued success in your retirement planning!

    Copyright© 2009-2015 Britt Gillette.