Your inputs
$
%
%
Withdrawals rise with inflation each year.
%
Your results
First-year withdrawal
$40,000
$3,333 per month
How long savings may last
About 33.6 years
Balance after 30 years
$343,115
| Year | Start | Withdrawal | End |
|---|---|---|---|
| 1 | $1,000,000 | $40,000 | $1,008,000 |
| 2 | $1,008,000 | $41,200 | $1,015,140 |
| 3 | $1,015,140 | $42,436 | $1,021,339 |
| 4 | $1,021,339 | $43,709 | $1,026,512 |
| 5 | $1,026,512 | $45,020 | $1,030,566 |
| 6 | $1,030,566 | $46,371 | $1,033,405 |
| 7 | $1,033,405 | $47,762 | $1,034,925 |
| 8 | $1,034,925 | $49,195 | $1,035,016 |
| 9 | $1,035,016 | $50,671 | $1,033,563 |
| 10 | $1,033,563 | $52,191 | $1,030,440 |
| 11 | $1,030,440 | $53,757 | $1,025,518 |
| 12 | $1,025,518 | $55,369 | $1,018,656 |
| 13 | $1,018,656 | $57,030 | $1,009,707 |
| 14 | $1,009,707 | $58,741 | $998,514 |
| 15 | $998,514 | $60,504 | $984,911 |
| 16 | $984,911 | $62,319 | $968,721 |
| 17 | $968,721 | $64,188 | $949,760 |
| 18 | $949,760 | $66,114 | $927,828 |
| 19 | $927,828 | $68,097 | $902,717 |
| 20 | $902,717 | $70,140 | $874,206 |
| 21 | $874,206 | $72,244 | $842,060 |
| 22 | $842,060 | $74,412 | $806,030 |
| 23 | $806,030 | $76,644 | $765,856 |
| 24 | $765,856 | $78,943 | $721,258 |
| 25 | $721,258 | $81,312 | $671,943 |
| 26 | $671,943 | $83,751 | $617,602 |
| 27 | $617,602 | $86,264 | $557,905 |
| 28 | $557,905 | $88,852 | $492,506 |
| 29 | $492,506 | $91,517 | $421,038 |
| 30 | $421,038 | $94,263 | $343,115 |
Withdrawals are taken at the start of each year. Real markets don't deliver a steady return; the order of returns can change how long savings last.
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These calculators are for general educational purposes only and provide hypothetical estimates based on the information you enter and the assumptions shown. They are not a guarantee of future results and are not individual insurance, financial, tax or legal advice. IAM does not offer securities or investment advisory services and does not provide tax or legal advice. Consult a qualified professional about your situation.