Retirement Calculators
Retirement Income Calculator
Turn a retirement balance into sustainable income, and see how long the pot lasts at your chosen withdrawal rate.
Annual income from the pot
$30,000
- Total monthly income
- $4,500.00
- Pot lasts
- 40 years
- Balance after 30 years
- $572,207
How this calculator works
Income = balance × withdrawal rate, increased with inflation each year
- withdrawal rate
- the share of the starting balance taken in year one
Example calculation
Illustrative example — not advice
Worked example — the retirement income calculator as it loads, using the default figures below.
- 01Enter retirement balance: $750,000.
- 02Enter annual withdrawal rate: 4%.
- 03Enter expected return in retirement: 5%.
- 04Enter annual inflation: 2.5%.
- 05Enter other annual income: $24,000.
- 06Read the annual income from the pot from the results panel: $30,000.
Annual income from the pot: $30,000. Total monthly income: $4,500.00. Pot lasts: 40 years. Balance after 30 years: $572,207.
These figures come straight from the calculator above running on the values listed, so you can retype them and confirm every number yourself. Change any input and the results update immediately. Illustrative only — not a quote, offer or recommendation.
Important considerations
- Poor returns in the first years of drawdown do disproportionate damage.
- Tax on withdrawals is not modelled.
Related calculators
- Retirement CalculatorProject your retirement balance and the income it could sustain.
- Required Minimum Distribution CalculatorMinimum withdrawal required from a retirement account.
- FIRE CalculatorYour FIRE number and years to reach it.
- Social Security Benefit CalculatorEstimated benefit and the effect of claiming age.
- 401(k) CalculatorWorkplace plan balance including employer contributions.
- IRA CalculatorTraditional IRA balance at retirement.
Terms used here
Frequently asked questions
Is 4% still a safe rate?
It is a starting point from historical studies, not a guarantee. Flexible spending matters more than the exact figure.
Disclaimer
Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.
Last reviewed 2026-08-01