How Long Will $1,160,000 Last in Retirement?

How long will savings of $1,160,000 last? When will $1.16 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 13 years and 1 months.

Here is how your savings will change over time:

Year Savings
initial $1,160,000
1 $1,093,392
2 $1,023,786
3 $951,048
4 $875,036
5 $795,604
6 $712,598
7 $625,856
8 $535,211
9 $440,488
10 $341,501
11 $238,060
12 $129,964
13 $17,004

How long will savings of $1,160,000 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 $1.16 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.