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Retirement Calculators

Retirement Income Calculator

Monthly income a retirement nest egg can provide over a set number of years while the balance earns a return.

Enter values

Results update as you type.

Result

Monthly income

$5,368.22

Annual income
$64,418.59
4% rule annual income
$40,000.00

About the Retirement Income Calculator

Monthly income a retirement nest egg can provide over a set number of years while the balance earns a return.

Also known as: income from savings, retirement payout, annuity income calculator.

How to use this calculator

  1. Enter nest egg, annual return, years of income.
  2. The result updates instantly as you type — press Calculate (or Enter) at any time.
  3. Review the breakdown shown under the main result.
  4. Use Copy result or Share to save the answer or send a link with your inputs.

Formula

Income = PV·r / (1 − (1 + r)⁻ⁿ)

Worked example

Using the values pre-filled in the calculator above:

  • Nest egg = 1,000,000
  • Annual return = 5 %
  • Years of income = 30

the calculator returns:

  • Monthly income: 5,368.22
  • Annual income: 64,418.59
  • 4% rule annual income: 40,000