How Long Will My Money Last Calculator
Enter your savings, monthly spending, expected return and inflation to see how many years your money lasts.
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Use nowHow the How Long Will My Money Last Calculator Works
Enter your total savings, how much you plan to withdraw each month, the annual return you expect, and the inflation rate. The calculator then runs your balance month by month: each month your savings earn a share of the return, your withdrawal comes out, and once a year the withdrawal rises by the inflation rate. It stops in the month the balance reaches zero, and tells you how many years and months that is.
As a rough check, the 4% rule says withdrawing about 4% of your savings in the first year, then raising it with inflation, has historically lasted 30 years in most periods. If your planned withdrawal is much higher than 4% a year, your money will run out sooner; if it is much lower, it may last indefinitely in the model. Try a lower return too, to see a cautious case.