Use this calculator to compute how much you would need to have saved and/or invested in order to withdraw a specified amount each year over the course of your retirement. Other than decimal points, do not enter any other non-numeric characters (commas, dollar signs, etc.) in the entry boxes.
Enter the amount you would like to withdraw each month in retirement ($):
Enter the Annual Interest Rate you expect to earn on your savings (%):
Enter the number of years you would like to make the monthly withdrawals:
This is how much you need to have saved by the time you retire ($):