Supplemental Retirement Income Calculator
Result
Supplemental Retirement Income Calculator — free online calculator.
Formula
- Estimate the remaining retirement balance after repeated fixed annual withdrawals and a constant annual return.
- The main inputs are Retirement savings, Annual withdrawal, Annual return, Years in retirement. Enter them in the units and format shown in the calculator.
- Use monetary amounts, rates and time periods exactly as labeled; the result reflects the assumptions entered on this page.
- Changing any input above recalculates the result with the same calculation engine used by this page.
Example: Supplemental Retirement Income
- Retirement savings: 500000
- Annual withdrawal: 30000
- Annual return: 5 %
- Years in retirement: 25
Use the retirement savings, annual withdrawal, assumed return, and number of retirement years to model the balance year by year.
Sample result: Calculating…
Frequently asked questions
What does the Supplemental Retirement Income calculate?
For $500,000 in savings and $30,000 annual withdrawals, the calculator repeats growth and withdrawal for the selected number of years.
Which values should I enter?
Enter Retirement savings, Annual withdrawal, Annual return, Years in retirement using the units and format shown beside each field.
What formula does this calculator use?
The calculator uses the following relationship: Ending balance each year = Prior balance × (1+r) − Annual withdrawal.
Why might my result differ from another source?
Results can differ when another source uses different units, rounding rules, conventions or assumptions. Compare the inputs and definitions before comparing results.
Does the result update automatically?
Yes. Changing an input updates the result using the same calculation engine shown on this page.