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 20year 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. (Interest rates below 1.0% add ".00"; example: .75% enter as .0075)
To compute the Present Value of an Annuity, fill in the first three text boxes and then click the "Compute" button.
