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Retirement

Required Minimum Distribution (RMD) Calculator

Calculate the IRS-mandated minimum amount you must withdraw from your 401(k) or IRA each year once you reach age 73. Use this each December to avoid the steep 25% IRS penalty for under-withdrawing.

Fill in the required fields to see your result.
Retirement

Safe Withdrawal Rate Calculator

Calculates your safe monthly withdrawal amount from retirement savings based on a chosen withdrawal rate. Use it to determine whether your nest egg can sustain your lifestyle throughout retirement.

Fill in the required fields to see your result.

Key differences

Required Minimum Distribution (RMD) CalculatorSafe Withdrawal Rate Calculator
CategoryRetirementRetirement
Inputs required22
ResultRequired Minimum Distribution ($)Monthly Withdrawal Amount ($)
What it doesCalculate the IRS-mandated minimum amount you must withdraw from your 401(k) or IRA each year once you reach age 73. Use this each December to avoid the steep 25% IRS penalty for under-withdrawing.Calculates your safe monthly withdrawal amount from retirement savings based on a chosen withdrawal rate. Use it to determine whether your nest egg can sustain your lifestyle throughout retirement.