Retirement Withdrawal Calculator



 
 

Retirement Withdrawal Calculator

This calculator figures the amount of retirement savings you need in order to withdraw a specified amount each month over the course of a specified period of time. You also have the option of factoring in the effects of inflation.

Please note! This calculator assumes simple interest returns and should not be confused with Safe Withdrawal Rates on a diversified portfolio as fully explained here.

Enter your current age (#):
Enter the age you plan to retire at (#):
Enter the amount you would like to withdraw each month ($):
Enter the Annual Interest Rate you expect to earn (%):
Enter the number of years you would like to make the monthly withdrawals (#):
Enter the expected average annual rate of inflation (%):
Enter the amount of your current retirement savings ($):
This is how much you need to have saved not accounting for inflation:
This is how much you need to save each month (not accounting for inflation):
This is how much you need to have saved accounting for inflation:
This is how much you need to save each month (accounting for inflation):

IMPORTANT!! If you are using this calculator to figure how much money you need to retire make sure to see these essential educational resources showing you how to get the calculation right…







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