Retirement Income Calculator
Calculate how much income your retirement savings can generate and how long it will last. Plan sustainable withdrawals to ensure financial security throughout retirement.
Corpus Over Retirement Years
Withdrawal Strategy Analysis
Suggested Income Allocation
Year-by-Year Retirement Plan
| Year | Age | Opening Corpus | Annual Withdrawal | Interest Earned | Closing Corpus |
|---|
Key Features
How to Use This Calculator
Understanding Retirement Income Planning
The Retirement Income Calculator helps you plan the distribution phase of retirement - how to convert your accumulated savings into a sustainable income stream that lasts throughout your retirement years.
A critical concept is the sustainable withdrawal rate. The famous 4% rule suggests withdrawing 4% of your portfolio in the first year, then adjusting for inflation annually. However, this rule has limitations and may need adjustment based on market conditions and personal factors.
Your retirement income comes from multiple sources: systematic withdrawals from investments, pension, social security, rental income, and possibly part-time work. Our calculator helps you coordinate these sources for optimal income.
Sequence of returns risk is a major concern in retirement. Poor market returns early in retirement can devastate your portfolio even if average returns are good. Consider maintaining 2-3 years of expenses in stable assets to avoid selling during downturns.
The calculator shows how long your corpus will last at different withdrawal rates. This helps you balance between living comfortably today and ensuring money lasts. A slightly lower lifestyle might add years of financial security.