Retirement Income Calculator
Calculate how long your retirement savings will last and how much monthly income you can safely withdraw. Factor in Social Security, pensions, inflation, and investment returns to plan your retirement income strategy.
Inputs
$
$
$
$
%
%
Results
Total Monthly Income
$6,000
Withdrawal Rate
6.4%
Years Money Lasts
20
Ending Balance
$0
Savings Balance Over Retirement
Annual Income Sources
Year-by-Year Retirement Income
| Year | Withdrawal | Other Income | Growth | Balance |
|---|---|---|---|---|
| 1 | $48,000.00 | $24,000.00 | $37,500.00 | $739,500.00 |
| 2 | $49,440.00 | $24,000.00 | $36,975.00 | $727,035.00 |
| 3 | $50,923.20 | $24,000.00 | $36,351.75 | $712,463.55 |
| 4 | $52,450.90 | $24,000.00 | $35,623.18 | $695,635.83 |
| 5 | $54,024.42 | $24,000.00 | $34,781.79 | $676,393.20 |
| 6 | $55,645.16 | $24,000.00 | $33,819.66 | $654,567.70 |
| 7 | $57,314.51 | $24,000.00 | $32,728.39 | $629,981.58 |
| 8 | $59,033.95 | $24,000.00 | $31,499.08 | $602,446.71 |
| 9 | $60,804.96 | $24,000.00 | $30,122.34 | $571,764.08 |
| 10 | $62,629.11 | $24,000.00 | $28,588.20 | $537,723.18 |
| 11 | $64,507.99 | $24,000.00 | $26,886.16 | $500,101.35 |
| 12 | $66,443.23 | $24,000.00 | $25,005.07 | $458,663.19 |
Frequently Asked Questions
Related Calculators
Retirement Savings Calculator
Project your retirement savings growth and see if you are on track.
Social Security Benefit Calculator
Compare Social Security benefits by claiming age from 62 to 70.
Retirement Shortfall Calculator
Find out if you are saving enough for retirement and calculate your savings gap.