Work out retirement income instantly with clear inputs, formula shown and shareable results.
Given a corpus, a return and a horizon, the monthly income is the annuity payment that exhausts the fund exactly at the end. The interest-only figure shows the lower income that would preserve the capital indefinitely.
Income from corpus
Income = C·r/(1-(1+r)^-n); interest only = C × r
Figures are estimates for planning only. Market returns are not guaranteed, and rates, limits and tax rules change. This is not financial or tax advice — speak to a qualified adviser before acting.
It depends on longevity and legacy plans. Drawing capital gives more income but leaves no buffer for a long life.
No — the income is level. For a rising income, use a real return and treat the answer as today's money.