How Long Will $230,000 Last in Retirement?
How long will savings of $230,000 last? When will $230k 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 | $230,000 |
1 | $217,882 |
2 | $205,158 |
3 | $191,797 |
4 | $177,769 |
5 | $163,039 |
6 | $147,573 |
7 | $131,333 |
8 | $114,281 |
9 | $96,377 |
10 | $77,578 |
11 | $57,838 |
12 | $37,112 |
13 | $15,349 |
How long will savings of $230,000 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 $230k 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.