How Long Will $1,060,000 Last in Retirement?
How long will savings of $1,060,000 last? When will $1.06 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%
Results
Your savings will last for 29 years and 11 months.Here is how your savings will change over time:
| Year | Savings |
|---|---|
| initial | $1,060,000 |
| 1 | $1,042,560 |
| 2 | $1,024,336 |
| 3 | $1,005,291 |
| 4 | $985,389 |
| 5 | $964,592 |
| 6 | $942,859 |
| 7 | $920,147 |
| 8 | $896,414 |
| 9 | $871,613 |
| 10 | $845,696 |
| 11 | $818,612 |
| 12 | $790,310 |
| 13 | $760,734 |
| 14 | $729,827 |
| 15 | $697,530 |
| 16 | $663,779 |
| 17 | $628,509 |
| 18 | $591,652 |
| 19 | $553,137 |
| 20 | $512,888 |
| 21 | $470,828 |
| 22 | $426,875 |
| 23 | $380,945 |
| 24 | $332,948 |
| 25 | $282,791 |
| 26 | $230,376 |
| 27 | $175,603 |
| 28 | $118,366 |
| 29 | $58,552 |
How long will savings of $1,060,000 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 $1.06 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.