Use this calculator to compute how much you would need to have invested in order to withdraw a specified amount each month over the course of a specified period of time. For example, if you want to be able to withdraw $500 during each month of your expected 20-year retirement, this calculator will tell you that if you expect to earn a 10% interest rate you will need to have $51,812.30 saved up by the time you retire. This is often referred to as "Present Value of an Annuity" analysis.


Enter the amount you would like to withdraw each month:
Enter the annual interest rate you expect to earn:
Enter the number of years you would like to make the monthly withdrawals:
This is how much you need to have saved:
*Retirement Savings Calculator V1, Copyright © 1998 - 2011, Daniel C. Peterson, All Rights Reserved.
*Web Winder Website Services, Providing Online Calculators for Websites since 1997.