Calculator
Retirement Income
See your complete retirement income picture: all sources combined, the gap against your expenses, and how long your money lasts.
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In today's dollars. It rises with inflation each year.
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Rental income, annuity payments, part-time work, and so on.
Portfolio runs out
Around age 88
The first-year gap of $149,200 grows with inflation faster than the portfolio can support on these assumptions.
- Income before the portfolio
- $40,800
- Social Security, pension, and other income combined.
- First-year gap to fund
- $149,200
- The amount the portfolio needs to provide in year one.
- Implied first-year withdrawal rate
- 5.97%
- The gap as a share of the portfolio.
- Years covered
- 23
- Planning horizon of 30 years.
What this calculator assumes
- Your spending target is entered in today's dollars and rises with inflation each year. Social Security, pension, and other income are assumed to rise at the same rate.
- The portfolio funds only the gap between your spending and your other income. Withdrawals are taken at the start of each year.
- Returns are applied as a constant rate, so the calculator cannot show the effect of a poor run of early years.
- No allowance is made for taxes, advisory fees, required minimum distributions, long-term care costs, or one-off expenses.
- Pensions are treated as fully inflation-adjusted. Many are not, which would make the real gap larger over time.
This tool produces estimates for planning discussion only. It is not investment, tax, or legal advice, it does not account for your full situation, and it is not a projection of actual results. Investments involve risk and are not guaranteed.
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