How Long Will $20,000 Last in Retirement?
How long will savings of $20,000 last? When will $20k run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%
Results
Your savings will last for 33 years and 9 months.Here is how your savings will change over time:
Year | Savings |
---|---|
initial | $20,000 |
1 | $19,681 |
2 | $19,351 |
3 | $19,010 |
4 | $18,656 |
5 | $18,290 |
6 | $17,911 |
7 | $17,519 |
8 | $17,114 |
9 | $16,694 |
10 | $16,259 |
11 | $15,810 |
12 | $15,344 |
13 | $14,862 |
14 | $14,364 |
15 | $13,847 |
16 | $13,313 |
17 | $12,760 |
18 | $12,188 |
19 | $11,596 |
20 | $10,983 |
21 | $10,348 |
22 | $9,692 |
23 | $9,012 |
24 | $8,309 |
25 | $7,580 |
26 | $6,827 |
27 | $6,047 |
28 | $5,240 |
29 | $4,404 |
30 | $3,540 |
31 | $2,645 |
32 | $1,718 |
33 | $760 |
How long will savings of $20,000 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 $20k 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.