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Free calculator · Taxes in retirement

How much will you have to take out?

Once you reach your required age, the IRS sets a minimum you must withdraw from traditional IRAs and 401(k)s each year. Estimate your first one.

Your details

Sets your required age: 73 if born 1951–1959, 75 if born 1960 or later.

Use the value on December 31 of last year, from your year-end statements. Leave out Roth IRAs: they have no required withdrawals for you.

Quick amounts

Your figures stay on this screen. Nothing is saved or sent.

Your first required withdrawal
$18,868for 2026, the year you turn 73
Required from
2026 (age 73)
Deadline
December 31, 2026
About per month
$1,572
How it’s worked out
$500,000 ÷ 26.5

You may wait until April 1, 2027 for this first one, but then your second is due by December 31, 2027: two withdrawals taxed in the same year.

Through age 95

$688.8krequired in total
$39.3klargest year (age 95)
$325.6kleft at 95
If the account grows 5% a year and you take only the required amount. See it year by year ↓

Your required withdrawals, year by year

Each year the IRS divisor gets smaller, so you must take a larger share of what’s left. Try a different growth rate.

Growth
Required withdrawal each yearAges 73 to 95 · largest $39.3k at 95
$40k$20k$0
737580859095
Age
Account balanceStart of each year, after growth, taking only the required amount
$550k$275k$0
737580859095
Age

Growth is an assumption, not a promise: markets rise and fall. Figures are before tax.

What $18,868 more income can change

MedicareYour Medicare premiumsPart B and D premiums rise in steps once income passes a line, based on your tax return from two years earlier.Check my premium →Social SecurityTax on your Social SecurityMore income can make more of your benefit taxable, up to 85% of it.Check my benefit →
Free PDF · Taxes in Retirement

RMD planner

Track required minimum distributions and plan withdrawals.

Common questions

Questions about RMDs

Which accounts have required withdrawals?

Traditional IRAs, SEP and SIMPLE IRAs, and 401(k), 403(b) and 457(b) plans. Roth IRAs have none while you are alive. Each IRA’s amount can be taken from any of your IRAs; each 401(k) is figured on its own.

I’m still working. Do I have to take one from my 401(k)?

Often not from your current employer’s plan, unless you own more than 5% of the company. IRAs still require one.

What if I miss it?

The penalty is 25% of the amount you should have taken, cut to 10% if you correct it within two years.

Can I give it to charity instead?

From age 70½, a qualified charitable distribution sent straight from your IRA to a charity counts toward your required amount and is not added to your taxable income.

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An estimate using the IRS Uniform Lifetime Table and current rules. It is general information, not tax advice. Inherited IRAs follow different rules.