How long will my savings last?
See how many years your savings could last, based on spending, other income, return and inflation. Takes about 2 minutes.
- Free
- About 2 min
- No signup
- Educational estimate
See whether savings can cover annual spending after other income. Use your best estimates for balance, spending, and returns.
Your savings runway is one piece of your retirement plan
Your savings runway is one piece of your retirement plan
Your Savings longevityPieces still to add
Your retirement plan will also answer
- When can I retire?
- How much should I save?
- When should I claim Social Security?
- Should I do Roth conversions?
- How much can I safely withdraw?
- Should I pay off debt first?
- Would my plan weather market ups and downs?
Understand your result
What these numbers mean
With $500,000 saved, $60,000 of yearly spending, and $18,000 of income that continues, the first-year gap is $42,000. At a 6% return and 2.5% inflation, savings may last about 14 years and run out around age 79, about 2040. This is an educational estimate, not a guarantee.
How we figure this out
Each year, spending minus income that continues is withdrawn from savings. The remaining balance then grows at the investment return. Spending and income both rise with inflation.
Assumptions: 6% return · 2.5% inflation · through age 92
Taxes are not included. The pessimistic case uses a return 2 points lower and inflation 1 point higher. The optimistic case does the reverse.
Frequently asked questions
How much money do I need to retire?
It depends on how much you spend, other income, taxes, health costs, and how long you live. There is no one number for everyone.
Is $500,000 enough?
It can be enough with low spending and other income (Social Security, pension, part-time work). It may not be enough for a costly lifestyle or very early retirement.
What withdrawal rate should I use?
Many people start around 3–4% of savings in year one. Your age, investments, and flexibility matter. Use this tool to test your own numbers.
Would I outlive my savings?
You might, if spending, inflation, or a weak market uses the balance sooner than this estimate. Test a lower return and a higher spending number, then build a full plan around income, health, and how long you may live.
Your full retirement picture
Retirement is more than money
Your Finance plan is one of five pillars Retirelens helps you plan.
Finance
Know where you stand and what to do next with your money.
Health
Stay on top of coverage, care and habits that keep you well.
Purpose
Shape days you look forward to, with steps to get there.
Connections
Strengthen relationships and build a support circle.
Legacy
Organize what matters and document so your family isn't left guessing.