The Retirement withdrawal calculator, gives you a constant amount that you can withdraw, out of your retirement savings, so that the amount lasts your entire retirement life. The retirement withdrawal calculator assumes that, even as you make withdrawals from your retirement savings, the balance amount is going to grow at a compounded rate. Please enter your retirement assumptions and click the calculate button, scroll down to see your Retirement withdrawal calculator results. The table shows, your yearly balances, yearly withdrawals, Interest Income earned over the balance, till the end of your Retirement life.

Definitions :

1. Age at which you retire: This is the age at which you start withdrawing your Retirement savings

2.Final Savings at Retirement: This is the estimated savings at your retirment age. This includes all the funds you set aside for                 retirements and what they might be worth during your retirement age.

3.Number of years i will be in retirement : This is the number of years between the start of retirement to the end of your life. This
  metric is important since it not only determines how soon your funds will be withdrawn but also defines how long your funds will
  grow during your retirement. you can know more about life expectancy at the CDC website:                                                              http://www.cdc.gov/nchs/fastats/lifexpec.htm

4. Savings interest Rate : This is the compounded interest rate with which you funds grow during retirement after making
   withdrawals.

You may use the Retirement Calculator , for comprehensive retirement planning.