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Project household income from Social Security, wheel premium, and portfolio withdrawals — year by year.

Sign in to save scenarios and compare them side by side.

You & Your Spouse
Ages set when each benefit starts and how long the plan runs.

When income starts

Social Security
Monthly benefit in today's dollars, at the age each of you claims.

Social Security's cost-of-living adjustment. Check your own figure at ssa.gov.

Portfolio Split
How much runs the wheel versus a traditional withdrawal sleeve.

$360,000 wheel · $540,000 traditional, today

All premium taken as cash, so this sleeve's principal stays flat — its income does not rise with inflation.

The classic 4% rule: the first year's dollar amount is fixed, then rises with inflation. Steady income, but it can drain an account that underperforms.

Spending
One yearly figure, or a line-by-line list where each item can end and rise at its own rate.
Other Income
A pension, part-time work, a rental, a trust — add as many as you have. Each keeps its own start age, end age and inflation behaviour.

No other income yet. Add a pension, part-time work, rental or trust income — anything the sources above don't already cover.

Spending is covered

Through age 92

Income meets or exceeds spending every year, and the portfolio is never fully drawn down.

Income by Source
Each year's income stacked against the spending line.
$0$59k$118k$176k$235k65697377818589
Your Social SecuritySpouse's Social SecurityWheel incomePortfolio withdrawalsOther incomeSpending
First Year Income
$106,982
Exactly meets $106,982 of spending — $11,480 of it by selling investments
Covered Without Selling
89%
The remaining 11% comes from selling investments
Wheel Income, Year 1
$95,501
Covers 89% of that year's spending on its own
Lifetime Wheel Income
$2,674,040
Social Security adds $2,326,055; the portfolio is sold down by $25,635

Why income can equal spending exactly. The plan only sells investments when the other sources fall short, and only sells as much as the shortfall needs. So in any year it has to sell, income lands precisely on spending. In years where Social Security, wheel premium and other income already cover the bills, nothing is sold and you see the surplus instead — which is why lowering inflation can make the income figure go down while the plan gets stronger.

Year by Year
AgeYour SSSpouse SSWheelOtherWithdrawnSpendingPortfolio
65$0$0$95,501$0$11,480$106,982$1,596,325
70$45,188$25,822$95,501$0$0$121,040$1,849,198
75$51,126$29,215$95,501$0$0$136,946$2,205,469
80$57,845$33,054$95,501$0$0$154,941$2,682,240
85$65,446$37,398$95,501$0$0$175,302$3,320,266
90$74,046$42,312$95,501$0$0$198,338$4,174,090
92$77,795$44,454$95,501$0$0$208,379$4,591,641

A projection, not a forecast. Every figure follows from the rates entered above applied evenly, year after year. Real markets do not deliver an even return, wheel income varies with volatility and assignment, Social Security rules change, and taxes are not modelled at all. This is educational and not financial advice — confirm your actual benefit at ssa.gov and speak with a licensed advisor before acting on it.