How Long Will $1,500,000 Last in Retirement?
How long will savings of $1,500,000 last? When will $1.5 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%
Results
Your savings will last for 13 years and 8 months.Here is how your savings will change over time:
| Year | Savings |
|---|---|
| initial | $1,500,000 |
| 1 | $1,420,968 |
| 2 | $1,337,984 |
| 3 | $1,250,851 |
| 4 | $1,159,361 |
| 5 | $1,063,297 |
| 6 | $962,430 |
| 7 | $856,519 |
| 8 | $745,313 |
| 9 | $628,546 |
| 10 | $505,941 |
| 11 | $377,206 |
| 12 | $242,034 |
| 13 | $100,104 |
How long will savings of $1,500,000 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 $1.5 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.