Retirement Withdrawal Calculator

Enter how much you need per month, rate, and years. See the balance needed to support that withdrawal (present value).

Balance needed for withdrawal

Enter values to calculate.

How it works

PV of annuity: balance needed = Pmt × [1 − (1+r)^(−n)] / r. We use presentValueAnnuityMonthly in reverse: given payment, rate, years → present value.

When to use it

Use it to find how much you need to have saved to withdraw a target amount for a set period.

Frequently asked questions

Inflation?

We use a fixed payment. For inflation-adjusted withdrawals use a lower real rate.

Same as retirement income?

That one starts from balance; this one starts from desired payment and solves for balance.