How Long Will $40,000 Last in Retirement?
How long will savings of $40,000 last? When will $40k run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%
Results
Your savings will last for 5 years and 6 months.Here is how your savings will change over time:
Year | Savings |
---|---|
initial | $40,000 |
1 | $33,428 |
2 | $26,593 |
3 | $19,484 |
4 | $12,091 |
5 | $4,402 |
How long will savings of $40,000 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 $40k 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.