Retirement Withdrawal Calculator - Calculate How Long Your Savings Will Last

Retirement Withdrawal Calculator

*Initial Retirement Balance ($)

*Expected Annual Return (%)

*Analysis Period

Year Month

*Return Compounding Frequency

*Withdrawal amount: ($)

*Withdrawal Frequency

*Withdrawal Timing Within Period

Beginning

End

Annual Withdrawal Inflation Adjustment (%)

Retirement Fund Analysis Summary

Projected Final Balance

Total Investment Earnings

Initial Retirement Balance

Total Additional Deposits

Total Withdrawals

Balance Depletion Time

Effective Annual Rate

Earnings from Initial Investment

Impact of Withdrawal Strategy

Annualized Return (CAGR-Compound Annual Growth Rate)

Detailed Retirement Fund Projection: Monthly and Annual Analysis

Retirement Fund Performance: Balance, Withdrawals, and Growth Analysis

How to Use This Calculator

Step 1: Enter Your Basic Information

Initial Retirement Balance: Enter your current retirement savings amount
Expected Annual Return: Conservative estimates range from 4-7% annually
Analysis Period: How long you want to analyze your withdrawals
Compounding Frequency: How often investment returns compound (monthly is most common)

Step 2: Configure Withdrawal Strategy

Withdrawal Amount: Fixed dollar amount or percentage
Withdrawal Frequency: Choose from various options including percentage-based strategies
Timing: Beginning vs. end of period can impact results
Inflation Adjustment: Account for cost of living increases

Step 3: Analyze Results

Review the balance depletion timeline
Examine monthly and annual projections
Use the visual charts to understand fund composition
Export data for further analysis

Pro Tips:

Test different scenarios with various return rates (conservative, moderate, optimistic)
Consider the 4% rule as a starting point: withdraw 4% of your initial balance annually
Factor in Social Security and pension income when planning withdrawals
Review and adjust your strategy regularly based on market conditions

How Long Will a Savings Balance of $500,000 Last With a 6% Annual Interest Rate if I Withdraw $6,500 Monthly?

With an initial savings of $500,000, a 6% annual interest rate, and monthly withdrawals of $6,500, your money will last approximately 8 years and 2 months (98 withdrawals).

How Long Will $1,000,000 Last Me in Retirement?

With an initial savings of $500,000 and a 6% annual interest rate, withdrawing $6,000 monthly will last approximately 30 years, while withdrawing $6,500 monthly will last about 24.5 years.

Retirement Withdrawal Calculator - Calculate How Long Your Savings Will Last