What is this calculator?
Divide a retirement balance by the distribution factor you supply.
What can you use it for?
Use this tool to compare a financial scenario using the assumptions you control. Divide a retirement balance by the distribution factor you supply.
How to use it
- Enter previous year-end account balance.
- Enter official distribution-table factor.
- Select Calculate (or Generate for random tools).
- Read the answer and any additional results below the form. Check the units and the limits of the method.
Formula and method
The formula uses the units and definitions shown above. Each input is substituted before the arithmetic is evaluated; the calculated output is rounded for display.
Worked example
Previous year-end account balance: 500000, Official distribution-table factor: 26.5. The result is 18,867.9245283 (result).
Assumptions and limits
Enter the applicable official factor and account rules. This does not determine whether a distribution is legally required.
Frequently asked questions
What inputs does the RMD Calculator need?
Use previous year-end account balance, official distribution-table factor. Read the answer and any additional results below the form. Check the units and the limits of the method.
What assumptions apply to the RMD Calculator?
Enter the applicable official factor and account rules. This does not determine whether a distribution is legally required.