FinCal

Withdrawal plan

How long your savings last with monthly payouts – or how much you can take out for a number of years.

CSV
Worth checking

23 years at €2,000 a month

Paying out €2,000 a month, your money lasts 23 years – until around Sep 2049.

In total you receive €689,748, after €80,811 tax. The last payout is €3,092 a month.

Question

Entnahmeplan

I want to know I want to know Either enter a monthly payout and see how long your savings last, or enter a period and see how much you can take out each month.
Your savings
Savings at the start What your investments are worth when you start taking money out.
€
Return while paying out Average growth per year before costs and taxes of the money that stays invested. Many people hold a safer mix in retirement: roughly 3–5% for a mix of stocks and bonds, around 2% for a savings account.
%
Monthly payout What you want to receive on your bank account each month. The calculator sells enough to cover it plus the tax on the gain.
€
Raise the payout every year by Prices rise every year, so a fixed payout buys less and less. Raising it with inflation (about 2%) keeps what it buys the same.
%
Taxes
Flat tax on capital income German: Abgeltungsteuer Each payout sells part of your investment. The share of it that is gain is taxed; the share that is money you paid in is not. The small yearly advance tax on accumulating funds (Vorabpauschale) is left out – it is credited when you sell, so it mostly shifts tax earlier. A flat 25% tax on interest, dividends and investment gains, plus the solidarity surcharge and possibly church tax – 26.375% in total without church tax. German banks deduct it automatically. All terms in the glossary
What you paid in The total you originally invested (purchase cost). Your bank shows it as Einstandswert or Kaufwert. Anything above it is taxable gain.
€

Gains above your allowance are taxed at a flat 26.4% ( Flat tax on capital income German: Abgeltungsteuer A flat 25% tax on interest, dividends and investment gains, plus the solidarity surcharge and possibly church tax – 26.375% in total without church tax. German banks deduct it automatically. All terms in the glossary ), about 28% with church tax. For stock funds only 70% of the gain is taxed. The bank deducts it for you.

Saver's allowance German: Sparerpauschbetrag The first €1,000 of capital income per year are tax-free, €2,000 for married couples and civil partners filing jointly. To use it, give your bank an exemption order (Freistellungsauftrag); you can split it across several banks. All terms in the glossary
Church tax German: Kirchensteuer Only if you are a registered member of a church that collects it (e.g. Catholic or Protestant – you declared this when registering your address). It is 8% of the tax in Bavaria and Baden-Württemberg and 9% elsewhere. If you are not a member, choose "No church tax". All terms in the glossary
Partial tax exemption for funds German: Teilfreistellung Part of the gains from investment funds is tax-free, because the fund already pays some tax itself: 30% for equity funds (e.g. most stock ETFs) and 15% for mixed funds. Bond and money-market funds get none. All terms in the glossary
More details
Total expense ratio German: Laufende Kosten (TER) The yearly fund fee, taken out of the fund's value. Broad ETFs cost about 0.1–0.3% a year, actively managed funds often 1.5% or more – over decades that difference adds up to a lot. All terms in the glossary
%
Inflation How fast prices rise per year. Used for the values in today's money. The European Central Bank aims for 2%.
%

Results update as you type.

Money lasts Money lasts How long until the savings are used up. "Forever" means the pot is no smaller after 100 years than it is today, so the return covers what you take out.
23 years
Total paid out Total paid out The sum of all monthly payouts you receive, after tax.
€689,748
Taxes Flat tax on capital income German: Abgeltungsteuer Only the gain in each payout is taxed, not the money you originally paid in. A flat 25% tax on interest, dividends and investment gains, plus the solidarity surcharge and possibly church tax – 26.375% in total without church tax. German banks deduct it automatically. All terms in the glossary
€80,811

Savings over time Savings over time The filled line is the balance on your statement. The second line shows what it would buy at today's prices, after inflation.

Balance at the end of each year

Year by year

Year Monthly payout Paid out so far Taxes so far Balance Today's money
1 €2,000 €24,000 €1,681 €492,759 €483,097
2 €2,040 €48,480 €3,515 €484,598 €465,781
3 €2,081 €73,450 €5,504 €475,471 €448,047
4 €2,122 €98,919 €7,649 €465,327 €429,890
5 €2,165 €124,897 €9,953 €454,117 €411,308
6 €2,208 €151,395 €12,419 €441,788 €392,295
7 €2,252 €178,423 €15,047 €428,283 €372,847
8 €2,297 €205,991 €17,841 €413,547 €352,958
9 €2,343 €234,111 €20,803 €397,517 €332,625
10 €2,390 €262,793 €23,935 €380,133 €311,841
11 €2,438 €292,049 €27,239 €361,328 €290,603
12 €2,487 €321,890 €30,718 €341,035 €268,904
13 €2,536 €352,328 €34,373 €319,183 €246,739
14 €2,587 €383,375 €38,208 €295,698 €224,102
15 €2,639 €415,042 €42,225 €270,504 €200,988
16 €2,692 €447,343 €46,426 €243,519 €177,391
17 €2,746 €480,290 €50,814 €214,662 €153,303
18 €2,800 €513,895 €55,391 €183,844 €128,720
19 €2,856 €548,173 €60,161 €150,976 €103,635
20 €2,914 €583,137 €65,125 €115,964 €78,040
21 €2,972 €618,800 €70,287 €78,709 €51,930
22 €3,031 €655,176 €75,649 €39,108 €25,297
23 €3,092 €689,748 €80,811 €0 €0