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8 Free Retirement Drawdown Calculators for 2025

Written by Diversification.com Editorial Team • Updated June 30, 2025 6 min read • This article was created using publicly available data at the time of publication. The list includes editorial opinions, is not investment advice, and there are no paid placements.
ByAlexander Harmsen
Fact checked byDiversification.com Compliance Team
8 Free Retirement Drawdown Calculators for 2025

Written by Diversification.com Editorial Team • Updated June 30, 2025
6 min read • This article was created using publicly available data at the time of publication. The list includes editorial opinions, is not investment advice, and there are no paid placements.

America's retirees are stressed about inflation, with 68% of retirees fear they will outlive their savings, highlighting the critical importance of planning sustainable withdrawal strategies.

Retirement drawdown calculators help project how long savings will last under various withdrawal rates, inflation assumptions, and market-return scenarios, enabling self-directed investors to make informed distribution decisions without costly advisor fees.

How We Selected These Free Retirement Drawdown Calculators

To compile this list, each tool had to meet three criteria:

  • Free web tool: No registration fees or hidden paywalls.
  • Drawdown focus: Specifically designed to model retirement withdrawals or required distributions.
  • Updated 2024-25: Evidence of updates or data refreshes within the past 18 months.

All calculators were active and verified as of mid-2025.

1. Finlo.io Retirement Drawdown Calculator

  • Cost: Free web tool
  • Drawdown Focus: Sustainable withdrawal projections with inflation adjustments
  • Access: Interactive web interface
  • Inputs: Current age; retirement age; portfolio value; expected return; inflation rate; horizon; Social Security/pension; withdrawal strategy
  • Notable Details: Displays first-year withdrawal estimates and year-by-year inflation-adjusted projections 

2. MyPensionExpert Pension Drawdown Calculator

  • Cost: Free web tool
  • Drawdown Focus: Pension-specific drawdown with tax-free cash options
  • Access: Online calculator
  • Inputs: Withdrawal amount; tax-free cash allocation; investment growth target; fund charges
  • Notable Details: Scenario comparisons illustrating impact of tax-free cash and withdrawal rate choices 

3. Sage Calculator Drawdown Calculator

  • Cost: Free online tool
  • Drawdown Focus: Portfolio sustainability forecasts considering inflation
  • Access: Web-based Drawdown Calculator
  • Inputs: Account balance; annual withdrawal; inflation rate; expected return assumptions
  • Notable Details: Instantly computes portfolio longevity, ending balance, and inflation-adjusted values.

4. Financial Mentor Retirement Withdrawal Calculator

  • Cost: Free web tool
  • Drawdown Focus: Amortization-based withdrawal schedule planning
  • Access: Web tool
  • Inputs: Retirement savings; withdrawal amount; annual interest; inflation assumption
  • Notable Details: Offers guidance on static withdrawal strategies and inflation impacts 

5. FreeCalculators.ai Retirement Withdrawal Calculator

  • Cost: Free web Tool
  • Drawdown Focus: Instant withdrawal projections without registration
  • Access: Online
  • Inputs: Total savings; expected return; withdrawal duration; inflation rate
  • Notable Details: Minimalist UI with immediate output of annual withdrawal amount 

6. WealthMeta Retirement Withdrawal Calculator

  • Cost: Free web tool
  • Drawdown Focus: Historical simulation of withdrawal scenarios using market data
  • Access: Web Tool
  • Inputs: Nest egg size; withdrawal percent or amount; asset allocation assumptions
  • Notable Details: Simulates longevity of savings using historical return series 

7. Ultimate Finance Calculator Retirement Withdrawal

  • Cost: Free web calculator
  • Drawdown Focus: Personalized withdrawal strategy estimator
  • Access: Online tool
  • Inputs: Account balance; desired annual withdrawal; expected growth rate
  • Notable Details: Options to export schedule as PDF and embed widget in personal sites 

8. MyCalculators.com Retirement Withdrawal Calculator

  • Cost: Free online tool
  • Drawdown Focus: Year-by-year withdrawal and balance schedule for retirees
  • Access: Web interface
  • Inputs: Years until retirement; retirement duration; interest rate; inflation; savings; leftover target
  • Notable Details: Detailed schedule output showing withdrawals and remaining balance per period

In Summary

These eight free, web-based calculators cover everything from Monte Carlo drawdown simulations to IRS-mandated distribution rules, empowering retirees to model sustainable withdrawal strategies updated through 2024–25.

Disclosures

  • Data verified as of June 30, 2025
  • This article is not financial advice
  • Calculator features and update statuses may change; always verify directly with each provider.