How Long Will $5,000 Last in Retirement?
How long will savings of $5,000 last? When will $5k run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%
Results
Your savings will last for 5 years and 8 months.Here is how your savings will change over time:
Year | Savings |
---|---|
initial | $5,000 |
1 | $4,223 |
2 | $3,407 |
3 | $2,551 |
4 | $1,652 |
5 | $707 |
How long will savings of $5,000 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 $5k 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.