Savings Withdrawal Calculator

A withdrawal calculator shows how long your savings will last when you make regular, periodic withdrawals. It can also calculate how much you can withdraw so the withdrawals last for the selected time period.

The Savings Withdrawal Calculator calculates withdrawals and creates a withdrawal schedule based on the inputs you provide.

A withdrawal savings calculator that optionally solves for:

• Withdrawal amount
• Starting amount
• Interest rate
• Duration

Creates a printable withdrawal schedule.

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Provide at least three of the following inputs to begin. You may set one input to zero to indicate an unknown value:

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

In addition to these primary inputs, also provide the following secondary inputs:

• Today’s Date — The date on which your “Savings on Hand” equals the amount shown above.
• First Withdrawal Date — The date of your first withdrawal.
• Withdrawal Frequency — How often you plan to make withdrawals (for example, monthly, quarterly, or annually).
• Compounding Frequency — How often interest is compounded on your account.

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