How much retirement income may an IRA provide?

Your retirement income can vary widely depending on what type of IRA holds your savings and what assumptions you make about return and tax rates during the accumulation and withdrawal periods. Use this calculator to help estimate your monthly and annual income from various IRA types.

Savings

Current age (1 to 120)

Age when income should start (1 to 120)

Number of years to receive income (1 to 120)

Your annual contribution ($)

Assumptions

Before-tax return on savings (accumulation phase) (-12% to 12%) help

Before-tax return on savings (distribution phase) (-12% to 12%) help

Income tax bracket (accumulation phase) (0% to 75%) help

Income tax bracket (distribution phase) (0% to 75%) help

Taxation of contribution options:
1) Deductible accounts fully funded, contributions to non-deductible accounts are reduced.
2) Full contribution made to non-deductible accounts, deductible accounts given a 'side-account' to reflect tax savings.

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