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Retirement Withdrawal Calculator

Explore how long your retirement portfolio could last with monthly withdrawals, estimated investment returns, and annual increases in withdrawal amounts.

Retirement Withdrawal Calculator

Retirement Withdrawal Calculator

SET THE COURSE FOR YOUR RETIREMENT VOYAGE

Enter your portfolio, planned withdrawals and expected return to chart the years ahead.

The amount invested at the beginning of retirement. Must be > 0.

The amount withdrawn each month during the first year. May be $0.

Estimated average annual return of portfolio. 0% to 20%.

Annual step up for inflation or lifestyle. 0% to 15%.

Planned voyage horizon (1 to 60 years)

YOUR RETIREMENT VOYAGE AT A GLANCE

Here is how far the portfolio may travel under the assumptions entered.

1. PORTFOLIO OUTLOOK

AFFIRMED

Lasts Throughout the Selected Period

Estimated Portfolio Duration

At Least 30 Years

Sustains planned withdrawals across all 30 years with comfortable remaining reserves.

2. ESTIMATED ENDING BALANCE

$592,327.40

Percentage of Starting Remaining 29.62%
29.62%
$0.00 Depleted100% Capital ($2.0M)

3. TOTAL WITHDRAWN

$3,951,243.28

Sum of all monthly disbursements across the simulated period.

4. ESTIMATED INVESTMENT GROWTH

$2,543,570.68

Total compound growth generated by remaining capital.

5. INITIAL ANNUAL WITHDRAWAL

$90,000.00

Year 1 withdrawal budget ($7,500.00 × 12 months).

6. INITIAL WITHDRAWAL RATE

4.50%

Benchmark rate (Year 1 annual withdrawal / starting portfolio).

7. FINAL SCHEDULED MONTHLY WITHDRAWAL

$15,348.06

Monthly rate in the final active simulation year.

8. PERCENTAGE REMAINING

29.62%

Ending balance compared to initial invested principal.

PORTFOLIO VOYAGE TRAJECTORY & STATIONS

Estimated balances and progressive withdrawal milestones along your timeline.

Portfolio Capital Withdrawal Line
Projected retirement portfolio balance Starting with $2,000,000, the projected portfolio balance is $592,327.40 after 30 years. Exact balances and monthly withdrawals are listed in the stations below. $2.2M $1.6M $1.1M $0.6M $0.0M Yr 0 Yr 5 Yr 10 Yr 15 Yr 20 Yr 25 Yr 30

  1. YEAR 0

    START

    $2,000,000.00

    Monthly$7,500.00

  2. YEAR 5

    $2,031,842.80

    Monthly$8,278.60

  3. YEAR 10

    $2,002,421.62

    Monthly$9,366.47

  4. YEAR 15

    $1,885,140.51

    Monthly$10,597.30

  5. YEAR 20

    $1,644,653.59

    Monthly$11,989.88

  6. YEAR 25

    $1,234,226.22

    Monthly$13,565.44

  7. YEAR 30

    END

    $592,327.40

    Monthly$15,348.06

WHAT THIS MEANS

Starting with a $2,000,000 retirement portfolio and withdrawing $7,500 per month, increased by 2.5% each year, the portfolio is projected to last throughout the selected 30-year period.

Assuming an average annual return of 5%, approximately $592,327 may remain at the end of the journey. Total withdrawals over the period would be approximately $3,951,243.

The provisions appear sufficient for the planned voyage—though markets rarely travel in a perfectly straight line.

DISCLAIMER

This calculator provides a simplified projection using constant return and withdrawal assumptions. Actual investment returns, inflation, taxes, fees and retirement expenses may vary. The results are educational estimates and not a guarantee of portfolio longevity.

How this tool works

Enter your starting retirement portfolio, the amount you plan to withdraw each month, and your expected annual investment return.

Next, choose an annual withdrawal increase and the number of years you want to explore.

The Retirement Withdrawal Calculator estimates how your portfolio could change over time as withdrawals reduce your balance and investment returns contribute to its growth.

### Understanding Your Inputs

**Starting Retirement Portfolio:** The amount available in your retirement investments at the beginning of the selected period.

**Initial Monthly Withdrawal:** The amount you plan to withdraw each month during the first year.

**Expected Annual Return:** The assumed annual investment return used to estimate portfolio growth.

**Annual Withdrawal Increase:** The percentage by which your monthly withdrawal amount increases each year. This can help illustrate the effect of increasing expenses during retirement.

**Retirement Period:** The number of years over which you want to simulate withdrawals.

### Understanding Your Results

The calculator estimates whether your portfolio can sustain the planned withdrawals throughout the selected period.

It also displays your estimated ending balance, total withdrawals, estimated investment growth, initial annual withdrawal amount and rate, and the final scheduled monthly withdrawal.

The portfolio trajectory illustrates how your estimated balance changes over time, while the accompanying milestones show selected points along your retirement journey.

If the portfolio is projected to last throughout the entire period, this means it remains sufficient under the assumptions entered. It does not guarantee that your investments will perform as expected.

### Important Considerations

The calculation uses an assumed investment return rather than predicting actual market performance. Real investment returns fluctuate, and the order in which gains and losses occur can significantly affect how long retirement funds last.

Increasing withdrawals over time may help illustrate rising expenses, but the selected annual increase is not a prediction of future inflation.

The estimates do not automatically account for taxes, investment fees, Social Security benefits, pensions, required minimum distributions, or other income and expenses unless explicitly included in the amounts entered.

This calculator is intended for educational and general retirement planning purposes only. It does not guarantee portfolio longevity or constitute personalized financial, investment, or tax advice.

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