How Long Will $120,000 Last in Retirement?

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

Results

Your savings will last for 24 years and 8 months.

Here is how your savings will change over time:

Year Savings
initial $120,000
1 $116,864
2 $113,619
3 $110,260
4 $106,783
5 $103,184
6 $99,460
7 $95,605
8 $91,616
9 $87,487
10 $83,213
11 $78,790
12 $74,211
13 $69,473
14 $64,569
15 $59,493
16 $54,239
17 $48,802
18 $43,174
19 $37,350
20 $31,321
21 $25,082
22 $18,624
23 $11,940
24 $5,022

How long will savings of $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 $120k 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.