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Income Strategy tool

Constant Withdrawal Calculator

Calculate the first-year amount from a fixed percentage and compare two often-confused withdrawal concepts.

Two different methods

A constant-percentage strategy applies the chosen percentage to each year's opening portfolio, so its future dollar withdrawals require future portfolio values. The table instead illustrates the separate historical convention of increasing the initial dollar withdrawal with inflation. Chapterwise does not use the labels interchangeably.

Limitations

This educational calculator does not assume investment returns or calculate future portfolio balances. It excludes tax, account sequencing, CPP, OAS, a partner, lifestyle phases, market uncertainty and estate goals. A 4% input is a benchmark, not a recommendation or promise.

Read the methodology and limitations.

Compare this benchmark with a lifestyle-shaped Chapterwise plan.

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