Retirement Withdrawal Calculator
This free withdrawal calculator solves for exactly how much you can safely withdraw each year, based on your starting balance and how long your money needs to last.
Portfolio Value Over Time
Year-by-Year Breakdown
| Year | Annual Withdrawal | Monthly Withdrawal | Portfolio Balance |
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How This Withdrawal Calculator Works
Enter your starting balance, how long retirement needs to last, and how much you want left over at the end (or $0 to spend it all). This calculator solves backward to find the exact first-year withdrawal amount that gets you there, then increases it for inflation each year after if you choose.
Why Withdrawal Rate Matters
Retirement planning tends to focus heavily on accumulation — how much to save, how long to invest — but the withdrawal phase carries its own distinct risk. Withdraw too aggressively in the early years of retirement, especially during a market downturn, and a portfolio can be permanently damaged in a way that’s hard to recover from even if markets later rebound. This is sometimes called “sequence of returns risk.”
That’s why a specific first-year withdrawal amount, solved for your actual balance and timeline rather than a generic percentage, is more useful than a one-size-fits-all rule. This calculator gives you that specific number, plus the full year-by-year path so you can see exactly how the balance evolves.
Haven’t calculated your total nest egg yet? Start with ezRizq’s Retirement Calculator to project your savings first.
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Frequently Asked Questions
What is a safe withdrawal rate?
A safe withdrawal rate is the percentage of your portfolio you can withdraw each year in retirement with a low risk of running out of money. A commonly cited reference point is around 4% in the first year, adjusted for inflation after.
How is this different from the Retirement Calculator?
The Retirement Calculator projects whether your current savings plan gets you to your goal. This Withdrawal Calculator works backward from a known starting balance and target ending balance, solving for exactly how much you can withdraw each year.
Why would I want to leave money behind (inheritance)?
Many people plan to leave an inheritance for family or charity, or simply want a safety buffer in case they live longer than expected. Set the ending balance to $0 if you’d rather maximize what you spend during retirement instead.
What growth rate should I use during retirement?
Many retirees use a more conservative growth rate in retirement than during their working years, since portfolios often shift toward more conservative allocations. Not sure about yours? Try ezRizq’s free Risk Tolerance Assessment.
Does this work for halal-conscious portfolios?
Yes. The math is neutral to what’s producing your growth rate, whether that’s conventional investments or profit-based, halal-conscious holdings like Shariah-compliant ETFs.
What if the calculator says my target can’t be reached?
That means even a $0 withdrawal wouldn’t let your portfolio grow enough to reach your desired ending balance at that growth rate. Try lowering your target ending balance or adjusting your growth rate assumption.