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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
Balance through retirement
Yr 2Yr 4Yr 6Yr 8Yr 10Yr 12Yr 14Yr 16Yr 18Yr 21Yr 23Yr 25Yr 27Yr 29Yr 31Yr 33Yr 35Yr 37Yr 39Yr 41

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

Important considerations

  • Poor returns in the first years of drawdown do disproportionate damage.
  • Tax on withdrawals is not modelled.

Learn more

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