Retiring on Investment Interest | Calculator
Retirement is a time of excitement and anxiety regarding if your savings will last through your entire remaining life. Many retirees find that their spending is more costly in the beginning, and slows as they age. If you are sure you’ll be cutting back as you age, you can budget for these changes.
A common question we are asked is “Can I live of of interest?” and the answer depends on your own unique financial situation. We’ve provided this calculator to help you get a better picture regarding your potential to live off interest, but we’re here to answer any detailed questions you may have too. Schedule a free consultation today.
The figures entered on the input page of this calculator are for hypothetical purposes only. You should enter figures that are appropriate to your individual situation. The results provided by this calculator are also intended for illustrative purposes only and accuracy is not guaranteed. CalcMoolator LLC is not a tax or legal adviser. This calculator is not intended to offer any tax, legal, financial or investment advice and does not assure the availability of or your eligibility for any specific product offered by any institution, nor does this calculator predict or guarantee the actual results of any investment product. The terms and conditions of products offered by institutions will differ and may affect the results of the calculator. Please consult with qualified professionals to discuss your situation. On calculators which require you to select an anticipated investment return, consideration should be given to factors affecting your potential return such as investment objectives, risk tolerance, and the time horizon for the investment. Remember, historical performance is no guarantee of future results.