Retirement drawdown calculator

Savings at the start

Taken out each month

Yearly return

Your own guess, held the same every year. The 4% here is an example.

Age at the start

How long the savings last

20 yr 3 mo

243 full withdrawals, to age 85 yr 3 mo · the first month's growth is $1,667 against $3,000 taken out

Taken out a year: $36,000
Of the starting savings: 7.2%
Total taken out: $729,000

The same amount taken out at the end of every month, with the return you entered applied evenly and compounded monthly. Real returns are not even, and poor years early on shorten the result by more than the average suggests. Prices rise, so a fixed amount buys less each year. Tax on withdrawals, Social Security and any other income are left out. It does not say what is safe to withdraw. Not financial advice.