How Long Will $1,010,000 Last in Retirement?
How long will savings of $1,010,000 last? When will $1.01 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%
Results
Your savings will last for 18 years and 1 months.Here is how your savings will change over time:
Year | Savings |
---|---|
initial | $1,010,000 |
1 | $972,694 |
2 | $933,709 |
3 | $892,969 |
4 | $850,397 |
5 | $805,908 |
6 | $759,418 |
7 | $710,835 |
8 | $660,067 |
9 | $607,014 |
10 | $551,573 |
11 | $493,637 |
12 | $433,095 |
13 | $369,828 |
14 | $303,714 |
15 | $234,625 |
16 | $162,427 |
17 | $86,980 |
18 | $8,137 |
How long will savings of $1,010,000 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 $1.01 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.