Portfolio Withdrawal

Free Portfolio Withdrawal calculator with clear step-by-step results.

About Portfolio Withdrawal

A sustainable withdrawal rate keeps a portfolio from draining too fast in retirement.

Formula

Annual withdrawal = portfolio × withdrawal rate

Worked example

With the default values below, Portfolio Withdrawal returns Annual Withdrawal of $20,000.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Portfolio valueminimum 0 $: 500,000 $
Annual withdrawal rateaccepts 0–15: 4

Results

Annual Withdrawal: $20,000.00
Monthly Withdrawal: $1,666.67
Approx. Years Covered (no growth): 25.0

Step by step

1Values used
2Formula
3Annual Withdrawal= $20,000
4Monthly Withdrawal= $1,666.67
5Approx. Years Covered (no growth)= 25.0

Assumptions and limits

The result is derived only from the 2 inputs listed above. Anything not among them is not part of the calculation.
In particular, this calculator does not take inflation, tax or fees or charges into account.
Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Frequently Asked Questions

How does this calculator work?