Retirement Income Calculator
Retirement Income Calculator
Determine the monthly income your retirement savings may provide.
What This Number Means
Your estimated monthly income is only one part of the decision. Before you rely on it, consider:
The monthly income your current savings may support
Whether that income meets your expected expenses
How your withdrawal rate affects how long savings last
How investment returns during retirement change the outcome
Whether adjustments now improve your future income
How to Use This Calculator
1
Enter your retirement savings: Input your current or projected retirement account balance.
2
Add your expected rate of return: Enter an assumed investment return during retirement.
3
Set your withdrawal period: Enter how many years you expect the income to last.
4
Review your estimated monthly income: See the monthly income your savings may be able to provide.
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