How Long Will $985,000 Last in Retirement?

How long will savings of $985,000 last? When will $985k run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%

Results

Your savings will last for 56 years and 10 months.

Here is how your savings will change over time:

Year Savings
initial $985,000
1 $979,332
2 $973,466
3 $967,394
4 $961,110
5 $954,605
6 $947,874
7 $940,906
8 $933,695
9 $926,231
10 $918,506
11 $910,511
12 $902,236
13 $893,671
14 $884,806
15 $875,631
16 $866,136
17 $856,307
18 $846,135
19 $835,607
20 $824,710
21 $813,432
22 $801,759
23 $789,677
24 $777,173
25 $764,231
26 $750,836
27 $736,972
28 $722,623
29 $707,772
30 $692,401
31 $676,492
32 $660,026
33 $642,984
34 $625,345
35 $607,090
36 $588,195
37 $568,638
38 $548,398
39 $527,449
40 $505,766
41 $483,325
42 $460,098
43 $436,059
44 $411,178
45 $385,426
46 $358,773
47 $331,187
48 $302,635
49 $273,085
50 $242,500
51 $210,844
52 $178,081
53 $144,170
54 $109,073
55 $72,748
56 $35,151

How long will savings of $985,000 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 $985k 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.