This report can be found under Insights > Retirement Withdrawals.
Change your Withdrawal Strategy, Budgeter Scenario or Withdrawal Order and view the impact across your plan results.
Withdrawal Rate
This view shows the withdrawal rate from your savings each year during retirement. The withdrawal rate represents the amount withdrawn from savings relative to the size of your savings.
The withdrawal rate is based upon shortfall withdrawals, RMDs, and planned distributions that include one-time expenses, disbursements, real estate down payments, future annuity payments, and lump sum debt payoffs divided by the previous December's savings balance and averaged from the retirement age month of the first person to retire through longevity age.
Shortfall withdrawals represent the amount withdrawn from savings to fund expenses in a given year, including taxes if they are not fully covered by other income sources.
Any excess RMD that is reinvested will be included in the withdrawal rate. It is not currently excluded from the metric.
Withdrawal Amount
This view shows the total amount withdrawn each year along with the accounts and withdrawal types used to fund those withdrawals.
Withdrawal Details
This dropdown includes Total Annual Withdrawals, Withdrawal Rate, Estimated Annual Taxes, and Projected Savings Balance by year.
The Total Annual Withdrawals amount already includes the withdrawals needed to cover estimated taxes for that year. The Estimated Annual Taxes column is shown for informational purposes only.
If you are already retired, the current year is not included in the report. This is a current limitation.
Notes:
Withdrawal rates are calculated using future dollar totals. When viewing withdrawal amounts and projected savings in today's dollars, the rates vary slightly.
Newly added accounts will go to the bottom of the custom order.