RMD Calculator
Calculate Required Minimum Distributions from retirement accounts at age 73.
RMD Calculator
Calculate Required Minimum Distributions from retirement accounts at age 73.
Retirement Savings Formula
ℹ️ Based on consistent contributions and stable return rate. Inflation not accounted for.
Disclaimer
Results provided by this calculator are for informational and educational purposes only. They are based on the values you enter and standard formulas, and should not be considered financial, medical, legal, or professional advice. Always consult a qualified professional before making important decisions based on these results. Roughtools makes no warranties regarding the accuracy or completeness of these calculations for your specific situation.
Frequently Asked Questions
Pro Tips
The difference between starting at 25 vs 35 with the same monthly contribution is not 10 years — it's often double the final balance. The first decade of compounding is the most powerful.
If your employer matches 401k contributions, that's a guaranteed 50–100% return on that money before it even invests. Never leave employer match unclaimed.
Use a 3% withdrawal rate instead of 4% if you plan to retire before 60 — a 40-50 year retirement needs more conservative withdrawals to avoid running out of money.
Run this calculator with pessimistic inputs (5% return, 30-year retirement) and optimistic inputs (8%, 20 years). The range tells you how much buffer you need.
When to Use This Calculator
See how $200–500/month in your 20s can grow to over $1M by retirement with compound growth.
Assess whether your current savings rate will hit your retirement target and calculate the gap.
Model retirement at 55 or 50 to find out what savings rate achieves financial independence early.
Compare 6% vs 10% 401k contributions to quantify the long-term impact of a higher savings rate.
Find out how much monthly income your projected balance will produce using the 4% rule.
About the RMD Calculator
This RMD calculator determines your annual Required Minimum Distribution from Traditional IRAs, 401(k)s, and other tax-deferred retirement accounts using the IRS Uniform Lifetime Table. Enter your account balance as of December 31 of the prior year and your age to get your required withdrawal amount. Built for retirees age 73+ managing mandatory distributions to avoid the 25% IRS penalty.
How to Use the RMD Calculator
- 1
Enter your retirement account balance as of December 31 of last year.
- 2
Enter your age as of December 31 of the current year.
- 3
Select your account type (Traditional IRA, 401k, 403b, etc.).
- 4
The calculator applies the correct IRS life expectancy factor automatically.
- 5
See your minimum required withdrawal amount for the current year.
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