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Drawdown Calculator

How long will my savings last? Enter a starting balance, a fixed monthly withdrawal and an annual return — and see how many years the money lasts. As long as the return exceeds the withdrawal rate, the principal won't deplete.

Stack of gold coins illustration

Enter your data

1,500,000
8,000/mo · ₪96,000/yr
3% per year (real, after inflation)

Results

DEPLETION_AGE
Age 89
The balance lasts about 21.2 years from today
TOTAL_WITHDRAWN
2,032,000
Total drawn over the period
SUSTAINABLE_MONTHLY
3,750
Maximum monthly draw that leaves principal intact (= monthly return on starting balance)

Balance by age

AgeDrawn this yearYear-end balance
6896,0001,448,293
7096,0001,340,113
7296,0001,225,251
7496,0001,103,297
7696,000973,811
7896,000836,328
8096,000690,354
8296,000535,366
8496,000370,806
8696,000196,084
8896,00010,570
89 · depleted16,0000

In the final row, balance hits 0. In practice depletion may occur mid-year; the table marks it as 0 at year-end.

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Notes on the calculation

  • Real return — enter a return after inflation. 3% is a standard conservative value for a balanced portfolio.
  • Fixed withdrawal — the model assumes an identical monthly withdrawal, with no inflation adjustment (since you already entered a real return). Values are in today's purchasing power.
  • When funds never deplete — when the monthly withdrawal is lower than the monthly return on the balance. The principal is preserved or grows.
  • Sequence-of-returns risk — in reality returns vary year to year. Negative returns early in retirement can significantly shorten how long the balance lasts.
  • The 4% rule — Bengen (1994) showed that a 4% annual withdrawal from a balanced portfolio survives ~30 years in 95% of historical cases.
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