Money made clearer
See how long your money could last.
Explore a withdrawal plan with clear, hypothetical assumptions.
Your withdrawal plan
How the estimate works
Each month the balance grows by the annual return divided by 12, and then the withdrawal comes out. Fractional cents stay in the balance until it reaches zero. The result counts the month of the last withdrawal. If growth covers the withdrawal, the balance does not fall and the plan does not run out. A plan that is still positive after 100 years is reported that way, rather than as an exact end date.
Examples you can recompute
$1,200 withdrawn at $100 a month with no return lasts 12 months. $250,000 withdrawn at $2,000 a month with a 4% annual return lasts 13 years, 6 months. The same $250,000 withdrawn at $500 a month does not run out: the first month of growth is $833.33, which is more than the withdrawal.
$100,000 withdrawn at $1,000 a month with a 4% return lasts 10 years, 2 months (122 months). The continuous formula gives about 121.84 months; this page includes the final partial month.
The return is a steady hypothetical rate. Taxes, fees, inflation, and changing withdrawals are not included, and the result is not a retirement guarantee.