How do I withdraw all investment distributions for spending?
Where to find it: AUTOMATIC SAVINGS and WITHDRAWALS → Add Saving or Withdrawal → Withdraw all distributions
Open AUTOMATIC SAVINGS and WITHDRAWALS and add an entry for the account. Choose Withdraw all distributions and set the recipient and date range. This mode uses distributions instead of a fixed amount or percentage.
The beginning date can be next year at the earliest. In the projection, reinvestment is stopped and the distributions are withdrawn from the account during the selected years. The mode includes the applicable income and distributions, rather than offering a dividend-only filter for one stock.
The withdrawal enters the recipient’s cash flow; expenses and taxes determine how much is used, and PRIORITIES handle any remainder. Do not also enter the same portfolio dividends as an INCOME.
After the entry’s end date, distributions remain in the account’s Cash before rebalancing; this instruction does not turn automatic reinvestment back on. Check the year reports to see the effect.