How Long Will $970,000 Last in Retirement?
How long will savings of $970,000 last? When will $970k run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%
Results
Your savings will last for 12 years and 8 months.Here is how your savings will change over time:
Year | Savings |
---|---|
initial | $970,000 |
1 | $909,711 |
2 | $847,010 |
3 | $781,802 |
4 | $713,985 |
5 | $643,455 |
6 | $570,104 |
7 | $493,819 |
8 | $414,483 |
9 | $331,973 |
10 | $246,163 |
11 | $156,920 |
12 | $64,108 |
How long will savings of $970,000 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 $970k 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.