Configure assumptions and click Run Simulation to see results.
Deterministic Projection: Single-path estimate using a fixed annual return with no volatility.
Monte Carlo Bands: Shaded regions represent the 25th, 50th (median), and 75th percentile outcomes across 10,000 randomized simulations.
Why is Deterministic higher than the Median? Volatility drag reduces compounded returns. A portfolio averaging 7% with 12% volatility compounds closer to ~6.3%. The deterministic line assumes no volatility, so it always outperforms the median path.
Run a projection to view annual cash flow breakdown.
Mirror (Left Axis): Upward bars represent cash sources (Social Security, Pensions, Portfolio Withdrawals). Downward bars represent cash uses (Spending, Taxes, Reinvestments).
Taxes: Includes federal tax on pre-tax withdrawals, taxable portion of Social Security (IRS provisional income formula), pension income, and capital gains on after-tax brokerage withdrawals.
Line (Right Axis): Deterministic portfolio balance trajectory for context.
Run a projection to generate the RMD schedule.
Based on the IRS Uniform Lifetime Table (Table III).
RMD = Prior Year-End Balance ÷ Distribution Period.