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. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Don’t Get Trapped by These Retirement Myths Have you been making correct assumptions about financial planning for retirement? Here are some popular retirement myths. Think of Retirement in Terms of Monthly Income When you think of planning for retirement, like most individuals, you probably visualize a number. The reality is that most individuals think in terms of an account balance at retirement. Put It in a Letter A letter of instruction provides additional and more personal information regarding your estate.