How Long Will $60,000 Last in Retirement?
How long will savings of $60,000 last? When will $60k run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%
Results
Your savings will last for 7 years and 10 months.Here is how your savings will change over time:
| Year | Savings |
|---|---|
| initial | $60,000 |
| 1 | $53,482 |
| 2 | $46,671 |
| 3 | $39,553 |
| 4 | $32,115 |
| 5 | $24,342 |
| 6 | $16,220 |
| 7 | $7,732 |
How long will savings of $60,000 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 $60k 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.