Retirement withdrawal calculator
Estimated withdrawal coverage
24 years, 9 months
Of full monthly withdrawals
- Balance after 30 years
- $0
- Total funded withdrawals
- $1,190,187
- Monthly withdrawal for 30 years
- $3,424
| Year | Savings |
|---|---|
| 0 | $1,000,000 |
| 1 | $966,255 |
| 2 | $932,015 |
| 3 | $897,275 |
| 4 | $862,026 |
| 5 | $826,261 |
| 6 | $789,973 |
| 7 | $753,154 |
| 8 | $715,796 |
| 9 | $677,892 |
| 10 | $639,433 |
| 11 | $600,410 |
| 12 | $560,817 |
| 13 | $520,645 |
| 14 | $479,884 |
| 15 | $438,527 |
| 16 | $396,565 |
| 17 | $353,989 |
| 18 | $310,790 |
| 19 | $266,958 |
| 20 | $222,485 |
| 21 | $177,361 |
| 22 | $131,577 |
| 23 | $85,123 |
| 24 | $37,989 |
| 25 | $0 |
| 26 | $0 |
| 27 | $0 |
| 28 | $0 |
| 29 | $0 |
| 30 | $0 |
Withdrawals occur at the beginning of each month and rise with inflation. All results use today’s dollars. The monthly estimate spends down to zero over your horizon; it is not a safe withdrawal recommendation.
How this is calculatedHow this calculator works
Fidelity on how long savings may lastMonthly withdrawal = starting savings ÷ present value factor for beginning-of-month payments
Dollar inputs and results use today’s purchasing power. The effective real monthly return is ((1 + annual return) / (1 + inflation))^(1/12) − 1. Returns are constant and should be entered after fees.
Withdrawals occur at the beginning of each month, starting now. The remaining balance then earns that month’s return. Withdrawals increase in nominal dollars with inflation to keep purchasing power constant.
Coverage counts full monthly withdrawals. Any remaining money partially funds the next withdrawal; subsequent spending is unfunded. A zero balance is never allowed to turn into negative savings.
The monthly amount for your chosen horizon uses an annuity-due calculation and rounds down to a whole dollar. Before rounding, it uses up savings at the end. It assumes constant returns and no legacy balance. A result that lasts through the horizon says nothing about years beyond it.