The Withdrawals chart on the Insights > Savings page shows you projections for cash outflows, or withdrawals, over the course of your plan.
There are many types of withdrawals that may display on this chart:
Shortfall - Automated withdrawals to cover expenses modeled in your plan
RMD - Automated withdrawals for Required Minimum Distributions (RMDs) based on the withdrawal strategy modeled in My Plan > Withdrawals
Planned Distributions - One-time withdrawals or distributions entered in My Plan > Withdrawals
Roth Conversions - Roth conversions modeled in My Plan > Savings and Assets (these are shown as withdrawals and contributions)
One Time - One time expenses entered in My Plan > Expenses
Annuity Purchase - Future annuities modeled in My Plan > Annuities and Pensions
Real Estate - Future real estate purchases modeled in My Plan > Home and Real Estate
PRO-TIP: Use meaningful labels when you create accounts in your plan so that it is easier to map accounts on the Insights charts.
What should I look for?
Notice the years where the columns are taller than average, these are years where you have more outflows. Is there a special event in that year?
Notice if there are years where there are shortfalls. Did you anticipate drawing on savings in these years?
Notice the amount of RMDs per year. Are they higher or lower than you expected?
See how the chart changes if you change your plan assumptions from optimistic to pessimistic
See how RMDs change if you select a different withdrawal strategy from My Assumptions.
See how the chart changes if you update something in your plan, such as working longer, spending less, or saving more
See how RMDs change if you model Roth Conversions before age 72.