Savings Drawdown Calculator
HOW IT WORKS
Fill in your current investment balance and an annual withdrawal amount from that investment at the left. Use the sliders to choose a rate of return for your investment and a rate of inflation for your withdrawal needs.
The ‘Total’ at the bottom calculates the number of years you’ll be able to take the given withdrawal amount before the account runs out. Note that if ‘Total’ appears as 999,999.00 then you have not chosen a withdrawal large enough to ever deplete the account OR you have not filled all of the information at left.
The decimal amount gives the portion of the payment available in the final year. For instance, a ‘Total’ of 15.42 means you’ll be able take full payments for 15 years and 42% of the payment amount in the 16th year.