![]() ![]() Today's Date - This is the date you expect your "Savings on Hand" to be the amount indicated above.In addition to these above inputs, you will also need to provide the following secondary inputs: Annual Interest Rate - This is the annual interest rate for your savings account.Number of Withdrawals - This is the total number of withdrawals you plan to make.Regular Withdrawal Amount - This is the amount you plan to withdraw on a regular basis.Savings on Hand (PV) - This is the amount of savings you currently have in your account. ![]() You may set one to zero to indicate an unknown value: Please provide at least three of the following inputs to get started. If you go ahead and buy a product using our link, we will receive a commission to help fund our not-for-profit mission and our campaigns work as a champion for the UK consumer.The Savings Withdrawal Calculator will help you calculate your savings withdrawals and generate a withdrawal schedule based on the inputs you provide. In some cases, however, we have included links to regulated brands or providers with whom we have a commercial relationship and, if you choose to, you can buy a product from our commercial partners. We do not make, nor do we seek to make, any recommendations on financial products or services that are regulated by the FCA, as we’re not regulated or authorised by the FCA to advise you in this way. Optimise Media is registered in England and Wales to Exchange Street Buildings, 35-37 Exchange Street, Norwich, England, NR2 1DP and company number 04455319. LifeSearch Partners Ltd is registered in England and Wales to 3000a Parkway, Whiteley, Hampshire, PO15 7FX, company number 03412386.ģ.Which? are an Introducer Appointer Representative of Optimise Media Limited (FRN 313408), for the introduction of HSBC Group, who are authorised and regulated by the Financial Conduct Authority to provide credit brokering activity. LifeSearch Partners Limited (FRN 656479), for the introduction of Pure Protection Contracts, who are authorised and regulated by the FCA to provide advice and arrange Pure Protection Contracts. Ltd is authorised and regulated by the Financial Conduct Authority (FCA) to provide advice and arrange non-investment motor, home, travel and pet insurance products (FRN310635) and is registered in England and Wales to Greyfriars House, Greyfriars Road, Cardiff, South Wales, CF10 3AL, company number 03857130. Ltd for the introduction of non-investment motor, home, travel and pet insurance products (FRN 610689). Which? Limited is registered in England and Wales to 2 Marylebone Road, London NW1 4DF, company number 00677665 and is an Introducer Appointed Representative of the following:ġ. The Which? Money Weekly newsletter is packed full of the latest news and advice to help you make the most of your finances, both in retirement and elsewhere. Optimistic - That's assuming that once you retire, your cash investment grows at an average of 1.00% a year, fixed interest at 5.50% a year and equities at 8.00% a year. Middling - That's assuming that once you retire, your cash investment grows at an average of 0.50% a year, fixed interest at 4.75% a year and equities at 7.25% a year. Pessimistic - That's assuming that once you retire, your cash investment grows at an average of 0.00% a year, fixed interest at 4.00% a year and equities at 6.50% a year. The investment growth assumption is set at 'middling' but you can alter the level of growth as per these assumptions: Adventurous - 5% cash/25% fixed interest/70% stocks and shares.Moderate - 10% cash/40% fixed interest/50% stocks and shares.Cautious - 30% cash/50% fixed interest/20% stocks and shares. ![]()
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