How much can I spend each month in retirement?
Use this calculator to compute how much you will be able to regularly withdraw from your savings account before you run out.
You would be able to make 239 Monthly withdrawals in the amount of $553.43 and one final withdrawal of $554.28.
The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.