Retirement Withdrawal Calculator
Use this retirement withdrawal calculator to estimate your withdrawal rate, compare it to common planning ranges, and see how long your savings may last.
Result
Enter your numbers and click Calculate.
Educational estimate only. This tool does not account for taxes, investment fees, inflation, or market volatility.
How this retirement withdrawal calculator works
This retirement withdrawal calculator estimates your withdrawal rate by dividing your planned annual withdrawal by your total savings. The result is shown as a percentage so you can compare your plan to common retirement income guidelines.
A sensitivity check is included to show how your withdrawal rate changes if you withdraw 10% less or 10% more. A simplified longevity estimate is also included using a basic model that applies your expected return rate and subtracts your annual withdrawal each year.
This can help you understand whether your withdrawal plan looks more conservative, moderate, or aggressive under a simplified model.
The longevity estimate assumes steady returns and fixed withdrawals. It does not model taxes, inflation, changing spending, sequence of returns risk, or real-world market volatility.
Results should be viewed as illustrative planning estimates, not predictions.
How to use this calculator
Enter your total retirement savings, the amount you plan to withdraw each year, and an expected annual return. Then click Calculate to estimate your withdrawal rate and see a simple projection of how long your savings may last.
What your result means
Your result shows your estimated withdrawal rate, a simple planning label, a sensitivity check, and a rough longevity estimate. This can help you test whether a retirement income plan may be more flexible or more aggressive based on the assumptions you enter.
Example retirement withdrawal scenario
For example, if you have $500,000 in retirement savings and plan to withdraw $20,000 per year, your withdrawal rate would be 4.00%. This calculator can help you compare that rate to common planning ranges and explore how different return assumptions may affect longevity.
Frequently asked questions
What is a retirement withdrawal rate?
A retirement withdrawal rate is the percentage of your savings you withdraw each year. For example, withdrawing $20,000 from a $500,000 portfolio is a 4% withdrawal rate.
What is considered a safe withdrawal rate?
Many retirement discussions mention 4% as a starting reference point, but there is no single safe rate for everyone. The right rate depends on market conditions, life expectancy, spending flexibility, and other income sources.
Does this calculator include inflation?
No. This tool estimates a simplified withdrawal rate and longevity based on fixed annual withdrawals. It does not automatically increase withdrawals for inflation.
How accurate is the longevity estimate?
The longevity estimate is a simplified projection for planning purposes. Real retirement outcomes can vary based on actual returns, taxes, inflation, fees, and changes in spending.
Can I use this calculator for retirement planning?
Yes. This tool can help you test retirement income scenarios and compare withdrawal assumptions, but it should be used as a general planning estimate rather than personalized financial advice.