Retirement Income Calculator
Income Breakdown
Portfolio Longevity
Formula
Total Income = Social Security + Pension + (Portfolio × Withdrawal Rate / 12) + Other Income
Frequently Asked Questions
How much income will I need in retirement?
Most financial planners recommend replacing 70-80% of your pre-retirement income. However, your actual needs depend on your lifestyle, health, location, and whether your home is paid off.
What is a safe withdrawal rate?
The commonly cited safe withdrawal rate is 4%, meaning you withdraw 4% of your portfolio in the first year and adjust for inflation thereafter. This historically provides a high probability of lasting 30+ years.
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