Retirement withdrawal calculator

See how long your portfolio could last with regular withdrawals that rise with inflation.

Portfolio balance

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How the withdrawal calculator works

Each month your remaining balance earns a return, then your withdrawal is taken out. The withdrawal rises once a year by the percentage you choose, usually to match inflation. If the balance reaches zero, the calculator shows how long the money lasted.

The 4% guideline

A common rule of thumb says withdrawing about 4% of your starting portfolio in the first year, then adjusting for inflation, has historically lasted around 30 years. It is a guideline, not a guarantee, and many people use a lower rate for longer retirements.

Frequently asked questions

What is sequence-of-returns risk?

Poor market returns early in retirement hurt more than poor returns later, because you are withdrawing while the portfolio is down. This calculator uses a steady return, so it does not show that risk.

Does this include Social Security or taxes?

No. Enter only the amount you withdraw from this portfolio, and consider taxes separately.

More calculators

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Monthly investment calculator: Dollar-cost averaging, yearly increases and a goal planner
Roth IRA calculator: Roth vs traditional using your tax rates
FIRE calculator: Your independence number and years to reach it

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