Step 6: Your Monthly Income
Here is what we know so far. At the middle of the page you will set your targeted monthly income and begin date.
Your Fixed Income
| Description | Monthly | Begin Date |
|---|---|---|
| Total Fixed / Month | $0 |
Assets and Account Balances
|
Non-Taxable No taxes on withdrawals |
$0 |
|
Taxable Taxed upon withdrawal |
$0 |
| Total Balance Today | $0 |
Set your monthly income target and begin date.
First Month Cash Flow Summary
Fixed Income (Pensions & Social Security)
$0.00
Required Drawdown from Assets
$0.00
Total Monthly Income Beginning
$0.00
Withdrawal Commencement:
By , you intend to begin withdrawals for a targeted gross income of .
The model scales withdrawals monthly to offset inflation and account for shifting fixed income, ensuring your purchasing power remains constant for 30 years.