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CalcTortoise

Retirement Withdrawal Calculator

Find out how long your nest egg lasts with regular monthly withdrawals, and what you could take out without running dry.

Written by the CalcTortoise editorial team · How we work

Assumed: withdrawal rising 3% a year. Change

Raise the withdrawal each year to keep up with rising prices. 0% keeps it flat.

Assumed, not predicted.

years
  • To keep your $1,000,000 intact, withdraw up to $5,000 a month (with no yearly increase).
  • To use it all up in exactly 30 years, start at $4,302 a month, rising 3% a year.

Year-by-year withdrawals

YearMonthly withdrawalWithdrawnReturnsBalance
Year 1$4,000$48,000$60,336$1,012,336
Year 2$4,120$49,440$61,056$1,023,952
Year 3$4,244$50,923$61,731$1,034,760
Year 4$4,371$52,451$62,355$1,044,664
Year 5$4,502$54,024$62,922$1,053,561
Year 6$4,637$55,645$63,425$1,061,341
Year 7$4,776$57,315$63,858$1,067,885
Year 8$4,919$59,034$64,214$1,073,065
Year 9$5,067$60,805$64,484$1,076,744
Year 10$5,219$62,629$64,660$1,078,775
Year 11$5,376$64,508$64,733$1,079,000
Year 12$5,537$66,443$64,692$1,077,249
Year 13$5,703$68,437$64,529$1,073,341
Year 14$5,874$70,490$64,230$1,067,082
Year 15$6,050$72,604$63,785$1,058,262
Year 16$6,232$74,782$63,180$1,046,660
Year 17$6,419$77,026$62,402$1,032,036
Year 18$6,611$79,337$61,435$1,014,134
Year 19$6,810$81,717$60,264$992,682
Year 20$7,014$84,168$58,873$967,387
Year 21$7,224$86,693$57,242$937,935
Year 22$7,441$89,294$55,353$903,994
Year 23$7,664$91,973$53,184$865,205
Year 24$7,894$94,732$50,715$821,188
Year 25$8,131$97,574$47,921$771,535
Year 26$8,375$100,501$44,776$715,810
Year 27$8,626$103,516$41,255$653,548
Year 28$8,885$106,622$37,328$584,254
Year 29$9,152$109,821$32,965$507,398
Year 30$9,426$113,115$28,132$422,415

How to use this calculator

  1. Enter your savings at the start of retirement.
  2. Enter the monthly amount you plan to withdraw, and how much it rises each year.
  3. Enter the return you expect on what stays invested, and the number of years.

Withdrawals are taken at the start of each month and the rest grows monthly: with these defaults, $422,415 is left after 30 years.

Frequently asked questions

How much can I safely withdraw each month?

It depends on your returns, how long retirement lasts and how much you raise withdrawals for inflation. The calculator shows two useful limits: the most you can take without touching your principal, and the starting amount that would use up the balance exactly at the end of the period.

What is the 4% rule?

A rule of thumb: withdraw about 4% of your savings in the first year, then raise the dollar amount with inflation. Here, $4,000 a month from $1,000,000 is a 4.8% first-year withdrawal rate. It’s a starting point, not a guarantee — the Retirement Calculator replays real market history.

What if returns are lower than expected?

At 4% instead of 6%, the same plan runs out after 23 years 11 months. A cautious return is worth testing before you commit to a withdrawal amount.

Are taxes included?

No. Withdrawals from traditional 401(k)s and IRAs are generally taxable income; Roth withdrawals and taxable accounts are treated differently. Figures here are before tax.

Sources and method

Standard compound-interest formulas, tested against worked examples. Nothing here depends on outside data; the rates you type in are your own assumptions.

No outside data is used. The numbers you type in are the only inputs.

Page and formula last reviewed . How we calculate · Editorial policy · Corrections and change log

Last updated 9 October 2026. For information only — not financial advice. Check the final figures with your lender or bank.