How to use this calculator

Start with annual spending, then apply a safety margin. The result is the income target the portfolio must support.

What this does not model

This simple version does not model taxes, dividend cuts, or sequence-of-returns risk.

Frequently asked questions

Does this calculator include taxes?

No. It is a planning estimate and should be adjusted for taxes and account type.

Is a higher yield always better?

No. Yield quality, payout safety, and diversification matter as much as the raw percentage.