How Long Will $950,000 Last in Retirement?

How long will savings of $950,000 last? When will $950k run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 29 years and 11 months.

Here is how your savings will change over time:

Year Savings
initial $950,000
1 $934,370
2 $918,037
3 $900,968
4 $883,132
5 $864,493
6 $845,015
7 $824,660
8 $803,390
9 $781,163
10 $757,935
11 $733,662
12 $708,297
13 $681,790
14 $654,091
15 $625,145
16 $594,896
17 $563,286
18 $530,254
19 $495,736
20 $459,664
21 $421,968
22 $382,577
23 $341,413
24 $298,397
25 $253,444
26 $206,469
27 $157,380
28 $106,082
29 $52,476

How long will savings of $950,000 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 $950k 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.