How Long Will $1,120,000 Last in Retirement?

How long will savings of $1,120,000 last? When will $1.12 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 15 years and 6 months.

Here is how your savings will change over time:

Year Savings
initial $1,120,000
1 $1,062,551
2 $1,003,378
3 $942,430
4 $879,653
5 $814,993
6 $748,394
7 $679,796
8 $609,140
9 $536,365
10 $461,407
11 $384,200
12 $304,676
13 $222,767
14 $138,401
15 $51,503

How long will savings of $1,120,000 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 $1.12 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.