FreeByte

Phased retirement calculator

Working less while drawing less.

Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18
$
60%
$
$

New income

$54,000

Drawn from pot each year

$0

With these inputs, new income comes to $54,000.

Draw rate
0.00%
Pot lasts (no growth)
Indefinitely

What moves the number · New income

Input−10%Now+10%
Full-time salary$48,600$54,000$59,400
Dropping to$48,600$54,000$59,400

Solve for an input

Whatmakesequal

Compare scenarios

Save this set of inputs, change something, then save again to compare the outcomes side by side.

Working less while drawing less.

A worked example

Starting figures

Full-time salary
$90,000
Dropping to
60%
Yearly spending
$52,000
Pot
$500,000

What it returns

New income
$54,000
Drawn from pot each year
$0
Draw rate
0.00%
Pot lasts (no growth)
Indefinitely

How to read the results

With the defaults above, new income works out at $54,000.

Related calculators

Annuity income calculatorAnnuity vs drawdown calculatorState pension gap calculatorRefinance-out calculatorClaiming age calculatorLegacy calculator