Free income calculator

How much do you need to accumulate to withdraw the amount you want every month?

Choose how the capital should be used, enter your age, desired income and what you already have. You will immediately see the amount required, any shortfall or surplus, and a clear path for your capital at every age.

1

Choose a plan and the relevant ages

Decide whether the capital may be spent down, whether a reserve must remain, or whether the model should preserve it indefinitely. Then enter when you want the income to start and when your pension will begin.

2

Enter the three key amounts

Enter your desired monthly income, the capital you have already accumulated and your monthly contribution. Contributions stop automatically when the income begins.

3

See the result alongside the inputs

You will immediately see the capital required, any shortfall, when the money would run out and what you could change. You can also refine the pension, return and inflation assumptions.

Your scenario

Enter your figures

All key inputs are shown here. The results on the right update immediately.

1When do you want the income to start, and how should the capital be used?
Choose the main plan
Your choice changes the main result, chart and options. You can compare all three plans below.
2What income do you want, and what do you already have?
3How will you withdraw the money?
Refine the pension, return and inflation assumptions Return 9%, inflation 2%
Now Income from Pension from Plan to age

Your result

How much capital do you need?

Scenario, not a guarantee
Capital required when income starts Calculating
Based on your current saving, you would have
Shortfall to the selected target

Capital path by age

Capital Required at income start Pension starts
Capital path by age Capital projection in today’s money, with contributions and withdrawals calculated at the selected frequency.

What can you change?

What would need to change for the selected plan?

1required total monthly contribution
2if you postponed the income start and continued contributions until then
3required average annual return after costs
4possible total income based on your current capital and saving

Compare the options

Three plans using the same figures

Position when income starts

Plan 1

At the chosen age, €0 remains

Possible income
Capital required
First-year withdrawal

Plan 2

At the chosen age, the reserve remains

Possible income
Capital required
First-year withdrawal

Plan 3

Capital never runs out

Possible income
Capital required
First-year withdrawal

How is it calculated?Return and withdrawal rate are not the same
Return assumption
Calculated first-year withdrawal

Model rules: all amounts are shown in today’s purchasing power. Contributions are added at the end of each month only until the selected income start date, then stop automatically. Withdrawals are made at the beginning of the selected period, while the remaining capital stays invested. The pension is indexed annually only until the entered pension age; after that, its purchasing power is held constant. The historical 9.32% pension-indexation option is a geometric average calculated from the official 2020–2026 coefficients, not a forecast. “Capital never runs out” represents only a mathematical scenario with a constant return. Taxes and sequence-of-returns risk are not included. Sources: Sodra, ECB.