How Long Will $1,080,000 Last in Retirement?

How long will savings of $1,080,000 last? When will $1.08 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 34 years and 2 months.

Here is how your savings will change over time:

Year Savings
initial $1,080,000
1 $1,067,458
2 $1,054,289
3 $1,040,462
4 $1,025,943
5 $1,010,698
6 $994,691
7 $977,884
8 $960,236
9 $941,706
10 $922,249
11 $901,820
12 $880,369
13 $857,845
14 $834,196
15 $809,363
16 $783,290
17 $755,912
18 $727,166
19 $696,982
20 $665,289
21 $632,012
22 $597,071
23 $560,382
24 $521,860
25 $481,411
26 $438,939
27 $394,344
28 $347,520
29 $298,354
30 $246,729
31 $192,524
32 $135,608
33 $75,847
34 $13,097

How long will savings of $1,080,000 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 $1.08 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.