How Long Will $1,340,000 Last in Retirement?

How long will savings of $1,340,000 last? When will $1.34 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 $1,340,000
1 $1,324,439
2 $1,308,099
3 $1,290,943
4 $1,272,929
5 $1,254,014
6 $1,234,154
7 $1,213,300
8 $1,191,404
9 $1,168,413
10 $1,144,272
11 $1,118,924
12 $1,092,309
13 $1,064,364
14 $1,035,020
15 $1,004,210
16 $971,859
17 $937,891
18 $902,224
19 $864,774
20 $825,452
21 $784,163
22 $740,810
23 $695,289
24 $647,492
25 $597,306
26 $544,610
27 $489,279
28 $431,182
29 $370,179
30 $306,127
31 $238,872
32 $168,255
33 $94,106
34 $16,250

How long will savings of $1,340,000 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 $1.34 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.