Savings Distribution Calculator

This calculator is designed to help you determine how much of your savings remains after a series of withdrawals. Enter your starting amount, how much to withdraw and how often and we will calculate your expected final balance.

Your savings balance is TOTAL_AT_END_OF_INVESTMENT after DEPLETE_LABEL.

**GRAPH**

If you withdraw ADDITIONAL_WITHDRAWALS WITHDRAW_FREQUENCY, your ending balance will be TOTAL_AT_END_OF_INVESTMENT after DEPLETE_LABEL. This assumes a starting balance of STARTING_AMOUNT and a RATE_OF_RETURN annual rate of return.

Results Summary
Starting amount	STARTING_AMOUNT
Years you wish to make withdrawals	YEARS years
Periodic withdrawal from savings*	ADDITIONAL_WITHDRAWALS WITHDRAW_FREQUENCY
Rate of return	RATE_OF_RETURN COMPOUND_INTEREST
Total amount you will have withdrawn	TOTAL_AMOUNT_YOU_HAVE_WITHDRAWN
Ending balance after DEPLETE_LABEL	TOTAL_AT_END_OF_INVESTMENT

Savings Balance

**REPEATING GROUP**

This Financial Calculator requires SUN's Java™ Plug-in. If you see this message you will need to download SUN's Java™ Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing “Install ActiveX Control”.

Get the Java™ Plug-in!

For more information about this Plug-in please visit: SUN's Java™ Plug-in
For more information about savings calculators please visit: Savings Calculators from KJE Computer Solutions, LLC

Definitions

Starting amount
The starting balance or current amount you have invested or saved.

Years
The total number of years you are planning to continue your withdrawals.

Periodic withdrawal
The amount that you plan on distributing (or withdrawing) from your savings or investment each period. The investment period options include monthly, quarterly and annually. This calculator assumes that you make your withdrawal at the beginning of each period.

Rate of return
The annual rate of return for this investment or savings account. The actual rate of return is largely dependent on the types of investments you select. The S&P 500 for the 10 years ending Dec. 31st, 2012 had an annual compounded rate of return of 7.1%, including reinvestment of dividends. From January 1970 through the end of 2012, the average annual compounded rate of return for the S&P 500, including reinvestment of dividends, was approximately 10.1% (source: www.standardandpoors.com). Since 1970, the highest 12-month return was 61% (June 1982 through June 1983). The lowest 12-month return was -43% (March 2008 to March 2009). Savings accounts at a bank may pay as little as 0.25% or less but carry significantly lower risk of loss of principal balances.
It is important to remember that these scenarios are hypothetical and that future rates of return can't be predicted with certainty and that investments that pay higher rates of return are generally subject to higher risk and volatility. The actual rate of return on investments can vary widely over time, especially for long-term investments. This includes the potential loss of principal on your investment. It is not possible to invest directly in an index and the compounded rate of return noted above does not reflect sales charges and other fees that funds and/or investment companies may charge.

Compounding
Earnings on an investment's earnings, plus previous interest. This calculator allows you to choose the frequency that your investment's interest or income is added to your account. The more frequently this occurs, the sooner your accumulated interest income will generate additional interest. For stock and mutual fund investments, you should choose 'Annual'. For savings accounts and CDs, all of the options are valid, although you will need to check with your financial institution to find out how often interest is being compounded on your particular investment.