Retirement Withdrawal Calculator: How Long Will Money Last?
What is the Retirement Calculator?
Retirement Withdrawal Calculator answers the terrifying question: "Will I run out of money before I die?"\n\nBased on the famous Trinity Study (4% Rule), this tool simulates your portfolio's longevity. It considers your Total Nest Egg, Annual Spending (Burn Rate), and anticipated Investment Returns vs Inflation.
Who Needs This Tool?
1. Retirees: Managing withdrawals.\n2. FIRE Movement: Planning early retirement.\n3. Late Starters: Checking if they need to work longer.
The Variables
1. Burn Rate: How much you spend per year. Lowering this is more powerful than increasing returns.\n2. Inflation: The silent killer. $50k/year today will need to be $100k/year in 20 years.\n3. Sequence of Returns Risk: A market crash right after you retire is dangerous.
Output
A graph showing your balance over time. If the line hits zero before age 90, you are in the danger zone.
Strategies
1. The 4% Rule: A safe withdrawal rate is historically around 4%.\n2. Dynamic Withdrawal: Spend less in bear markets to preserve capital.\n3. Side Hustle: Small income drastically reduces portfolio strain.
FAQ
Q1: Does this include Social Security?
You should subtract SS income from your 'Annual Spending' need to get the 'Net Withdrawal' amount.