Investment Path Your money, in perspective

Withdrawal-rate calculator

What could your portfolio pay at different withdrawal rates?

A withdrawal rate turns a portfolio into a first-year income, not a guarantee that the same spending survives every market. Compare the cash amount first, then test the full retirement path.

Your first-year scenario

Tax is estimated from the gain currently embedded in the portfolio.

Estimated spendable income in year one

€1,504 €1,504 from the portfolio + €0 pension
Gross portfolio withdrawal€20,000per year
Estimated gain tax€1,952in the first year
Current gain portion60 %of each proportional sale
Portfolio for the desired income€667,330at the selected rate and current gain portion
RateGross per yearSpendable from portfolio per month
3 %€15,000€1,134
3.5 %€17,500€1,319
4 %€20,000€1,504
5 %€25,000€1,875
Run the withdrawals month by month

What this answers

How much spendable income does each rate produce now?

The table keeps the portfolio and tax basis identical, so the cash difference comes only from the withdrawal rate.

What it does not answer

Whether that rate survives your whole retirement

The gain portion, market value and tax allowance change over time. Poor returns early in retirement can matter more than the long-run average.

Use the result

Compare the income with essential and flexible spending

Then open the full retirement run with the same pension and desired income to see when the portfolio is under pressure.