How Long Will $1,320,000 Last in Retirement?

How long will savings of $1,320,000 last? When will $1.32 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 22 years and 10 months.

Here is how your savings will change over time:

Year Savings
initial $1,320,000
1 $1,279,119
2 $1,237,011
3 $1,193,640
4 $1,148,968
5 $1,102,956
6 $1,055,564
7 $1,006,749
8 $956,471
9 $904,684
10 $851,343
11 $796,402
12 $739,813
13 $681,526
14 $621,491
15 $559,654
16 $495,963
17 $430,360
18 $362,790
19 $293,193
20 $221,507
21 $147,671
22 $71,620

How long will savings of $1,320,000 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 $1.32 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.