IRA Analyzer

Should I invest in a Roth IRA or a traditional IRA? Should I convert my traditional IRA to a Roth IRA? This tool will help you analyze each of these questions and can help you determine which alternative is right for you and/or your spouse.

When you have completed this program you should:

  • Understand the characteristics of IRAs and see whether a traditional IRA or a Roth IRA is best for you.
  • See how much you could have in each of these accounts at your chosen retirement age with equivalent contributions based on hypothetical investment returns.
  • Understand how much income each of these accounts could generate for you during your retirement based on hypothetical investment returns.
  • Determine whether you are eligible to convert a traditional IRA into a Roth IRA and whether a conversion makes sense for you.

The calculators provide hypothetical examples and are not intended to represent past or future performance of a specific investment which cannot be predicted or guaranteed, or to provide specific advice to any individual. Rates of return will vary over time. Those investments offering a higher rate of return also involve a higher degree of risk.