How Long Will $1,070,000 Last in Retirement?
How long will savings of $1,070,000 last? When will $1.07 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 | $1,070,000 |
| 1 | $1,020,236 |
| 2 | $968,730 |
| 3 | $915,421 |
| 4 | $860,246 |
| 5 | $803,141 |
| 6 | $744,036 |
| 7 | $682,863 |
| 8 | $619,549 |
| 9 | $554,019 |
| 10 | $486,195 |
| 11 | $415,998 |
| 12 | $343,344 |
| 13 | $268,146 |
| 14 | $190,317 |
| 15 | $109,764 |
| 16 | $26,391 |
How long will savings of $1,070,000 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 $1.07 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.