What does the RMD Calculator work out?

Required minimum distribution from a retirement account. It is one of the Money & Finance tools on Mondo Knows.

How is the RMD Calculator calculated?

Uses the IRS Uniform Lifetime Table: your account balance divided by a life-expectancy factor for your age. The maths is short enough to check by hand: RMD = Account balance / life expectancy factor.

Do I need to sign up, and is my data stored?

No sign-up, and nothing you type is sent anywhere. The calculation runs in your own browser, so the figures stay on your device and the page works offline once loaded.

Mondo Knows Tools

RMD Calculator

Required minimum distribution from a retirement account. Use the free rmd calculator below to get an instant answer, with the formula shown so you can check the maths and trust the result. Free, private, and no sign-up.

Your age

yrs

Account balance

Mondo says

Required minimum distribution

$20,325.20

Life expectancy factor24.6

Monthly equivalent$1,693.77

Percent of balance4.07%

RMDs generally begin at age 73. Withdrawing less can trigger a 25% penalty.

How it works

Uses the IRS Uniform Lifetime Table: your account balance divided by a life-expectancy factor for your age.

The formula

RMD = Account balance / life expectancy factor

RMD Calculator: common questions

What does the RMD Calculator work out?: Required minimum distribution from a retirement account. It is one of the Money & Finance tools on Mondo Knows.
How is the RMD Calculator calculated?: Uses the IRS Uniform Lifetime Table: your account balance divided by a life-expectancy factor for your age. The maths is short enough to check by hand: RMD = Account balance / life expectancy factor.
Do I need to sign up, and is my data stored?: No sign-up, and nothing you type is sent anywhere. The calculation runs in your own browser, so the figures stay on your device and the page works offline once loaded.

Mondo also knows

Retirement CalculatorProjected nest egg and the income it could support.💰 Money & Finance IRA CalculatorGrowth of a traditional or Roth IRA with yearly contributions.💰 Money & Finance 401(k) CalculatorBalance at retirement with your contributions and employer match.💰 Money & Finance ROI CalculatorReturn on investment, with an optional annualised figure.💰 Money & Finance

Estimates for general guidance only. This is not financial, medical or legal advice. Everything runs in your browser and nothing you type is stored.