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FINANCIAL TOOLS / Retirement

Retirement drawdown

Explore how a portfolio could fund withdrawals beginning now, including the risk of running out.

Make it your own

Start with an example, then change any value. Enter 0 for none; a blank field cannot be calculated. All money amounts are NZD.

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Your estimate

Portfolio exhaustion under these assumptions

Depleted at age 87

The portfolio reaches zero during the age-87 year. Any spending it cannot fund, including later years, needs another source.

First-year portfolio withdrawal requested
$30,000.00
Unfunded spending in final modelled year
$40,399.00
Balance after age 95
$0.00
NZ Super and other income
Excluded
Illustrative amounts over time, in NZDStart at age 65: $600,000.00. End of age 87: $0.00. All chart values are available in the expandable text list below.$600K$0Start at age 65End of age 87
Illustrative amounts in NZD. Engine-provided chart points may be rounded to whole dollars; headline figures use the engine’s summary precision.
View all chart values
Start at age 65
$600,000.00
End of age 65
$587,100.00
End of age 66
$573,195.00
End of age 67
$558,242.00
End of age 68
$542,198.00
End of age 69
$525,017.00
End of age 70
$506,652.00
End of age 71
$487,053.00
End of age 72
$466,170.00
End of age 73
$443,951.00
End of age 74
$420,341.00
End of age 75
$395,284.00
End of age 76
$368,723.00
End of age 77
$340,596.00
End of age 78
$310,841.00
End of age 79
$279,394.00
End of age 80
$246,189.00
End of age 81
$211,155.00
End of age 82
$174,223.00
End of age 83
$135,316.00
End of age 84
$94,360.00
End of age 85
$51,276.00
End of age 86
$5,980.00
End of age 87
$0.00

What this estimate assumes

  • Drawdown begins now, not at a future retirement date. Each year’s withdrawal is taken at the start of the year; the remaining portfolio then earns the annual return.
  • The final age is inclusive: ages 65 through 95 represent 31 start-of-year withdrawals. Withdrawals rise with annual inflation from the second year.
  • NZ Super and other income are excluded. Enter only the spending your portfolio needs to fund, and a return already net of tax and fees.
  • Depletion is reported even if it falls within a year. Unfunded spending needs another source; constant returns do not capture sequence-of-returns risk or guarantee an income.

For information only, not financial advice. These simplified estimates do not consider your full circumstances. Assumed rates are not forecasts or guaranteed returns. Talk to a financial adviser before making financial decisions.

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