How Long Will $305,000 Last in Retirement?

How long will savings of $305,000 last? When will $305k run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 12 years and 2 months.

Here is how your savings will change over time:

Year Savings
initial $305,000
1 $284,600
2 $263,486
3 $241,632
4 $219,014
5 $195,605
6 $171,376
7 $146,299
8 $120,344
9 $93,481
10 $65,677
11 $36,901
12 $7,117

How long will savings of $305,000 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 $305k 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.