Roth IRA Calculators and What They Can Do For You: "One of the tools available to help in your retirement planning is utilizing a Roth IRA calculator. Your investment team probably carries around a Roth IRA calculator in their pocket in the event a Roth IRA calculation crisis breaks out.
The Roth IRA calculator allows the user to put in certain criteria that include the fund starting balance, current age, anticipated rate of return, annual contribution, age at retirement and marginal tax rate. The marginal tax rate is the rate that applies to the last tax dollar of the tax base (taxable income or spending) and is applied to the change in one’s tax obligation as income rises."
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