The article Early vs Late Retirement Fund Withdrawals described the pros and cons of early withdrawals from a retirement fund. In this calculator, we'll try to illustrate the same with numbers.

We'll compare the effect of early and late withdrawal dates on the cumulative amount withdrawn and the investment gains obtained from a fund.

Disclaimer

This calculator's purpose is to simply illustrate the effect of early and late withdrawals. As we said in Early vs Late Retirement Fund Withdrawals, the actual gains and losses and hence the decision to choose one versus the other depends on several factors: our financial needs, the effect of these withdrawals on our taxes, etc. Also this calculator does not take into account our health conditions, cashflow situation, and other financial obligations that might impact our decision. Please discuss with your financial or tax advisor before making any financial decisions.

NOTE: if the retirement fund you're looking at is Social Security, this page can help you determine your early and late withdrawal ages and withdrawal amounts.