How Long Will $980,000 Last in Retirement?

How long will savings of $980,000 last? When will $980k run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 26 years and 11 months.

Here is how your savings will change over time:

Year Savings
initial $980,000
1 $959,134
2 $937,433
3 $914,864
4 $891,392
5 $866,981
6 $841,594
7 $815,191
8 $787,733
9 $759,176
10 $729,476
11 $698,589
12 $666,466
13 $633,058
14 $598,314
15 $562,180
16 $524,601
17 $485,519
18 $444,873
19 $402,602
20 $358,640
21 $312,919
22 $265,369
23 $215,918
24 $164,488
25 $111,001
26 $55,375

How long will savings of $980,000 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 $980k 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.