Tools · Retirement
Required Minimum Distribution Calculator
Once you reach RMD age, the IRS requires a minimum withdrawal each year from tax-deferred accounts such as traditional IRAs and 401(k)s. This tool estimates the yearly amount and projects how the account could change over time.
Estimates are educational, based on the IRS life-expectancy tables, and are not tax advice.
Your assumptions
Start with the account basics.
Nothing is saved or sent anywhere. The estimate runs in this browser and disappears when you leave the page.
This year’s estimate
Your estimated RMD
$0
Estimated RMD for age 73
- Life-expectancy factor
- 26.5
- Balance used
- $500,000
- Account percentage
- 3.8%
The IRS Uniform Lifetime Table was applied.
The estimate is calculated as your prior year-end balance divided by the life-expectancy factor.
Timing to keep in view
Your first distribution year begins when RMD rules apply to you. After that, take the required amount each calendar year by December 31. In the first year, you may be able to delay the first distribution until April 1 of the following year—but that means taking two distributions in that following year.
Projection assumptions
The projection withdraws each year’s RMD at the start of the year, then applies your assumed return to what remains. It is a planning illustration, not a forecast.
Looking ahead
Account projection
| Age | Starting balance | RMD for the year | Ending balance after distribution |
|---|
A useful checkpoint
Why this matters
Missing an RMD can carry a penalty of up to 25% of the amount that should have been withdrawn, subject to current rules and possible corrections. RMDs apply per account and per IRA, and the rules for aggregating withdrawals differ between IRAs and employer plans.
What to do next
Talk through your distribution strategy.
Important note
This calculator is for educational purposes only and is not tax, legal, or investment advice. It uses current IRS life-expectancy tables, which can change, and individual circumstances vary. Rules may differ by account type, plan document, beneficiary designation, and tax situation. Review your result with your tax professional before taking action.