How Long Will $1,540,000 Last in Retirement?

How long will savings of $1,540,000 last? When will $1.54 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 16 years and 3 months.

Here is how your savings will change over time:

Year Savings
initial $1,540,000
1 $1,468,377
2 $1,394,246
3 $1,317,522
4 $1,238,111
5 $1,155,922
6 $1,070,856
7 $982,812
8 $891,687
9 $797,373
10 $699,758
11 $598,726
12 $494,158
13 $385,930
14 $273,914
15 $157,978
16 $37,984

How long will savings of $1,540,000 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 $1.54 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.