The Savings Withdrawal Calculator will help you calculate your savings withdrawals and generate a withdrawal schedule based on the inputs you provide.

Please provide at least three of the following inputs to get started. You may set one to zero to indicate an unknown value:

• Savings on Hand (PV) - This is the amount of savings you currently have in your account.
• Regular Withdrawal Amount - This is the amount you plan to withdraw on a regular basis.
• Number of Withdrawals - This is the total number of withdrawals you plan to make.
• Annual Interest Rate - This is the annual interest rate for your savings account.

In addition to these above inputs, you will also need to provide the following secondary inputs:

• Today's Date - This is the date you expect your "Savings on Hand" to be the amount indicated above.
• First Withdrawal Date - This is the date of your first withdrawal.
• Withdrawal Frequency - This is how often you plan to make withdrawals (e.g., monthly, quarterly, annually).
• Compounding Frequency - This is how often interest is compounded on your investment account.

More below

To Quickly
Pick a Date

Once you have entered at least three primary inputs and the secondary inputs, click the "Calc" button to calculate the unknown value (if any) or the "Withdrawal Schedule" to see your personalized schedule. The withdrawal schedule will show you the amount of each withdrawal and the date on which it will be made. The charts will provide a visual representation of your savings over time and the depletion of the initial investment.

If you need to make any changes to your inputs, simply update the relevant fields and click "Calc" again.

A withdrawal savings calculator can help you make informed decisions about your financial future. By understanding how much you can safely withdraw each year, you can plan your retirement or other financial goals with greater confidence. You'll also be able to adjust your savings and withdrawal strategies as needed to ensure that you're on track to meet your goals.

There are a few key factors to keep in mind when using a withdrawal savings calculator. First, the calculator's results are based on certain assumptions about your investment returns and withdrawal periods. These assumptions may not hold true in the future, so it's important to review your savings and withdrawal strategies regularly to ensure that they're still on track.

Second, the calculator assumes that you'll withdraw the same amount of money each year, adjusted for inflation. In reality, your financial needs and lifestyle may change over time, so it's important to be flexible and adjust your withdrawals as needed.

Finally, the calculator does not consider other income sources, such as Social Security or pensions. These sources of income can significantly impact your withdrawal strategies, so it's important to factor them into your overall financial plan.

Hopefully, you'll find this calculator helpful in planning your savings withdrawals. If you have any questions or feedback, please do not hesitate to ask them below.