How Long Will $8,400,000 Last in Retirement?

How long will savings of $8,400,000 last? When will $8.4 million run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 24 years and 8 months.

Here is how your savings will change over time:

Year Savings
initial $8,400,000
1 $8,180,495
2 $7,953,308
3 $7,718,169
4 $7,474,800
5 $7,222,913
6 $6,962,210
7 $6,692,383
8 $6,413,111
9 $6,124,066
10 $5,824,903
11 $5,515,270
12 $5,194,800
13 $4,863,113
14 $4,519,817
15 $4,164,506
16 $3,796,759
17 $3,416,140
18 $3,022,201
19 $2,614,473
20 $2,192,475
21 $1,755,706
22 $1,303,651
23 $835,774
24 $351,522

How long will savings of $8,400,000 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 $8.4 million 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.