Contributing to an IRA? Determine if you are eligible to contribute to a traditional or Roth IRA. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content Why do Renters Have to Save More? How much more would retirement cost if you owned your home rather than rented? It could actually be several times less. Term vs. Permanent Life Insurance When considering life insurance, it's important to understand your options. When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases.