How Long Will $1,020,000 Last in Retirement?
How long will savings of $1,020,000 last? When will $1.02 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%
Results
Your savings will last for 13 years and 1 months.Here is how your savings will change over time:
| Year | Savings |
|---|---|
| initial | $1,020,000 |
| 1 | $961,430 |
| 2 | $900,225 |
| 3 | $836,266 |
| 4 | $769,428 |
| 5 | $699,583 |
| 6 | $626,595 |
| 7 | $550,322 |
| 8 | $470,617 |
| 9 | $387,325 |
| 10 | $300,285 |
| 11 | $209,329 |
| 12 | $114,279 |
| 13 | $14,952 |
How long will savings of $1,020,000 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 $1.02 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.