How Long Will $1,180,000 Last in Retirement?

How long will savings of $1,180,000 last? When will $1.18 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 $1,180,000
1 $1,160,586
2 $1,140,298
3 $1,119,097
4 $1,096,943
5 $1,073,791
6 $1,049,597
7 $1,024,315
8 $997,895
9 $970,286
10 $941,435
11 $911,285
12 $879,779
13 $846,855
14 $812,449
15 $776,495
16 $738,924
17 $699,661
18 $658,632
19 $615,756
20 $570,951
21 $524,129
22 $475,201
23 $424,071
24 $370,640
25 $314,805
26 $256,457
27 $195,483
28 $131,766
29 $65,181

How long will savings of $1,180,000 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 $1.18 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.