Retirement paycheck calculator

How much you can spend each month from a portfolio at a chosen withdrawal rate. An identity first; a 1,000-path check second.

The calculator

Annual paycheck$40,000
Monthly paycheck$3,333
Success rate53%1000 seeded paths
10th percentile ending$0
Median ending$83,330
90th percentile ending$3,174,969

Is the paycheck safe?

A monthly figure from a rate is not a forecast. Sequence risk, fees and a 40-year horizon all cut what lasts. Compare policies on the nine-rule hub and Vanguard dynamic spending.

Assumptions

Pre-tax, no other income. The band is 30 years at 5% mean, 2% inflation, seed 20260815.

Frequently asked questions

How much can I spend in retirement each month?
Annual spending is the portfolio times the withdrawal rate; divide by 12 for a monthly paycheck. At 4%, $1 million is $40,000 a year, about $3,333 a month, before tax.
Is this a safe paycheck?
It is an identity, not a forecast. Sequence risk, fees and a longer horizon all cut the rate that actually lasts. The 1,000-path band on this page is the first check.
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