Pension Drawdown Calculator
The Pension Drawdown Calculator helps you estimate how long your retirement savings will last based on your starting balance, expected annual return, and monthly withdrawals. This tool is useful for anyone planning their retirement income and looking to avoid running out of funds too soon.
Frequently Asked Questions
What is a pension drawdown?
A pension drawdown allows retirees to withdraw money from their pension pot while the remainder stays invested.
How is the drawdown period calculated?
It’s based on your initial pot, withdrawal amount, and estimated investment return over time.
What if the return rate is variable?
This calculator assumes a constant annual return. For variable rates, results may differ and should be re-evaluated regularly.
Can I use this for other retirement plans?
Yes, it can also be used for any retirement fund where you draw down periodically and expect investment returns.
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