How Long Will $1,000,000 Last in Retirement?

How long will savings of $1,000,000 last? When will $1 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 16 years and 3 months.

Here is how your savings will change over time:

Year Savings
initial $1,000,000
1 $953,491
2 $905,355
3 $855,534
4 $803,969
5 $750,599
6 $695,361
7 $638,190
8 $579,018
9 $517,775
10 $454,388
11 $388,783
12 $320,882
13 $250,604
14 $177,866
15 $102,583
16 $24,665

How long will savings of $1,000,000 last in retirement? When will my money run out?

  • Enter your savings, the amount that you withdraw annually, and the return that you receive on your investments.
  • Then, click calculate.

Is $1 million enough to retire on? Will I run out of money in retirement? This is just an estimate. Small changes in investment return can have dramatic effects on the length of time that your savings will last.