How Long Will $1,220,000 Last in Retirement?

How long will savings of $1,220,000 last? When will $1.22 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 $1,220,000
1 $1,205,832
2 $1,190,956
3 $1,175,336
4 $1,158,935
5 $1,141,714
6 $1,123,632
7 $1,104,646
8 $1,084,711
9 $1,063,779
10 $1,041,800
11 $1,018,722
12 $994,491
13 $969,047
14 $942,332
15 $914,281
16 $884,827
17 $853,901
18 $821,428
19 $787,332
20 $751,531
21 $713,940
22 $674,469
23 $633,025
24 $589,508
25 $543,816
26 $495,839
27 $445,463
28 $392,568
29 $337,029
30 $278,713
31 $217,481
32 $153,187
33 $85,679
34 $14,795

How long will savings of $1,220,000 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 $1.22 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.