How Long Will $1,600,000 Last in Retirement?

How long will savings of $1,600,000 last? When will $1.6 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 11 years and 10 months.

Here is how your savings will change over time:

Year Savings
initial $1,600,000
1 $1,485,412
2 $1,367,386
3 $1,245,819
4 $1,120,605
5 $991,635
6 $858,796
7 $721,972
8 $581,043
9 $435,886
10 $286,374
11 $132,377

How long will savings of $1,600,000 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 $1.6 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.