How long will my savings last?
Enter what you have and what you spend. See the age your money runs out, your chance of making it to 90, and the changes that help most.
Your answer
Your savings last until about age 84.
- Chance it lasts to 90
- 21%
- Out of 1,000 mixes of good and bad market years
- Chance it lasts to 95
- 13%
- Many people now live into their 90s
- Taken from savings, first year
- $24,000
- Spending minus income, before inflation raises it
Your savings by age
- Typical markets
- Poor markets (1 in 10)
What would help most
Each change on its own, in typical markets.
Not financial advice. This is an estimate for education only. It assumes typical yearly growth of 3% to 7% depending on your mix, and doesn't include taxes or fees.
How it works
- Each year, you spendYour spending goes up with inflation. Social Security and any pension cover part of it, and the rest comes out of savings.
- Your savings growWhatever is left grows at a rate that matches how it's invested, from about 3% for cash to about 7% for mostly stocks.
- We test good and bad yearsReal markets jump around, so we also run your plan 1,000 times with different ups and downs to find your chance of lasting to 90 and 95.
Learn more
Simple answers to the questions people ask most about making savings last.
- Should I pay off my mortgage before I retire?Free calculator: see what extra payments save.
- How long will $500,000 last in retirement?Side-by-side answers for $250,000 to $1 million.
- When should I start Social Security?62 vs 67 vs 70, with a break-even calculator.
- The 4% rule, explained simplyWhat it is, where it comes from, and its limits.
- How inflation shrinks your savingsWhat today's dollars buy in 10, 20 and 30 years.
- How do gold and silver fit into retirement?How much people hold, the pros, cons and costs.
Common questions
How long will my money last in retirement?
It depends on four things: how much you have saved, how much you take out each year, how your savings grow, and how long you live. Enter your numbers in the calculator above and it shows the age your savings run out in typical markets, and the chance they last to 90 and 95.
How long will $500,000 last in retirement?
If you start at 62, take $2,000 a month from savings (raised with inflation each year), and your savings grow about 6% a year, $500,000 lasts to about age 94. At $3,000 a month it runs out around age 80. Our $500,000 guide shows more amounts side by side.
When should I start Social Security?
Starting at 62 gets you 30% less each month than waiting until 67, and waiting until 70 gets you 24% more. If you live past about 79, waiting until 67 pays more in total than starting at 62. See our Social Security guide for the break-even ages.
What is the 4% rule?
The 4% rule says you can take out 4% of your savings in your first year of retirement, then raise that amount with inflation each year, and your money should last about 30 years. It is a starting point, not a promise. Read the 4% rule explained.
What does "chance it lasts" mean?
Markets don't grow the same every year. The calculator runs your plan through 1,000 different mixes of good and bad years. If your money lasts to 90 in 800 of them, the chance it lasts to 90 is 80%.
Why does inflation matter so much?
Prices rise every year, so the same lifestyle costs more over time. At 3% inflation, something that costs $4,000 a month today costs about $7,200 a month in 20 years. The calculator raises your spending and your Social Security with inflation every year.
Does this include taxes?
No. Enter your spending as the amount you need after taxes, and keep in mind that money taken from a traditional IRA or 401(k) is usually taxed. A tax professional can help you plan for that.
Is my information saved?
No. Everything you type is worked out in your browser and is never sent to us or stored anywhere.