AIER's Retirement calculator in Money Magazine

Thursday, September 29, 2016

You can get a pretty good sense of how much you can safely pull from your retirement accounts each year by going to a tool like the American Institute for Economic Research's Retirement Withdrawal Calculator, which you'll find along with other useful resources in the Tools & Calculators section of my Retirement Toolbox. Just plug in such information as your age, savings balance, the percentage of your savings invested in stocks, what you're paying in investment fees and how high a level of assurance you want that your savings will be able to to support you throughout retirement (say, an 80% or 90% probability), and the calculator will estimate how much you should withdraw.