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.