Retirement Withdrawal Calculator
See how much you can withdraw each month from your retirement savings so the balance lasts your chosen number of years.
- Free
- No sign-up
Enter your savings, return and years to see the monthly withdrawal.
Worked example
With these example inputs:
- Retirement savings$1,000,000
- Expected annual return5%
- Years in retirement30 yr
Monthly withdrawal: $5,368
- Starting amount$1,000,000
- Monthly withdrawal$5,368
- Total withdrawn$1,932,558
- Interest earned$932,558
Frequently asked questions
Is this the same as a rule of thumb like the 4% rule?
No. It solves the exact level withdrawal for the years and return you enter, instead of applying a fixed percentage.
Does it account for inflation?
No. The withdrawal stays the same in dollars every month, so it buys less as prices rise. To keep pace, you would need to raise it over time.