เงณ0 / payout
โ
Total payouts
โ
Interest included
Shows the level payout a starting balance can provide over a fixed period, with the remaining balance still earning interest until it reaches zero.
Frequently Asked Questions
How much can my savings pay out?
We treat the balance like a loan being repaid to you: payout = PVยทi รท (1 โ (1+i)โปโฟ), where i is the periodic rate and n the number of payouts. The balance keeps earning interest as it is drawn down.
Work out the level payout a lump sum can provide over a fixed period.