Have you ever wanted to save with traditional Roth IRA's but never had the chance?  Use an IRA calculator and follow these three tips.

Decide how much you are going to invest every year and how many years you will invest.  If you can save $4,000 dollars a year for 40 years, you will save about a million dollars, which will add up to more like $800,000 after taxes, assuming you are in the highest tax bracket.  Let's say you want to be a millionaire before age 45.  Assume you are at age 30 right now.  In order to do that, you would have to invest $50,000 for 15 years and not touch the money, at an 8% interest rate and falling under the 28% tax bracket.  An IRA calculator can help you set your financial goals.  If you saved $50,000 for 15 years, you could handily be a millionaire by the time you were 45.  If you start investing immediately, you should be able to see some tangible results within a few years.

Decide on the interest rate of your Roth IRA.  The highest interest rate you can get on your IRA will probably top out at about 8%, but these rates vary so you may have to do some shopping around.  You want to find an interest rate of at least 8%.  This will give you a good edge on the competition, who are your peers.  If you can make a million dollars by the time you reach 45, at least you'll still be young enough to enjoy some splurging without going overboard.  You may even be able to increase your wealth with some good investments and smart financial planning.  

Decide on your income tax bracket percentage.  One of the highest, if not the highest tax bracket, is that of 28%.  If you are planning on doing some major wealth-building, be prepared for the high taxes imposed upon the rich.  We live in a society in which there is a progressive tax, meaning, the more you earn the more you pay in taxes.  Perhaps it's not a fair principle, but everyone should pay a fair share, and since that's what is considered fair, you must be prepared to pay that tax.

Follow those tips using the IRA calculator and you will be well on your way to financial freedom in no time!