How Long Will $1,050,000 Last in Retirement?

How long will savings of $1,050,000 last? When will $1.05 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 11 years and 10 months.

Here is how your savings will change over time:

Year Savings
initial $1,050,000
1 $974,801
2 $897,347
3 $817,569
4 $735,397
5 $650,761
6 $563,585
7 $473,794
8 $381,309
9 $286,050
10 $187,933
11 $86,872

How long will savings of $1,050,000 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 $1.05 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.