Using the RMD Calculator
Use the balance for the required valuation date and the table appropriate to the account holder or beneficiary. The example divisor is illustrative and should not be assumed to fit every account or age.
Worked example
Use the example inputs below to reproduce this result. These are the form's starting values, not recommended targets. Changing your inputs updates your result above; this worked example stays fixed for comparison. Results are rounded for display.
Example inputs
- Prior December 31 account balance
- 500000
- Applicable IRS distribution period
- 26.5
Example result
- Required minimum distribution
- 18,867.92
Method and assumptions
RMD = prior year-end balance / applicable distribution period. Enter the correct divisor from your IRS table; inherited accounts and younger spouses can require different tables. The default is illustrative.
Reference: irs.gov — method and further reading
Use consistent assumptions over time
A retirement projection depends on when contributions or withdrawals happen, the rate used and the number of periods. Keep those assumptions visible when comparing scenarios. An amount expressed in future currency is not automatically equivalent to the same amount of purchasing power today. Tax treatment and account rules should be checked separately wherever the model does not include them.
Common question
Should I divide the current balance by the divisor?
The standard calculation uses the relevant prior December 31 balance rather than whatever the account is worth today. Confirm the valuation rules for the account and distribution year.
Guide updated .