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How long will $1,000,000 last?
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$1,000,000 at a 4% initial withdrawal gives about $3,333/month. The table assumes withdrawals rise 2.5% a year for inflation (the 0% column assumes cash under the mattress with flat withdrawals).
| Withdrawal | 5% return | 7% return | 0% return |
|---|---|---|---|
| $2,500/mo (3.0%) | 50+ yrs | 50+ yrs | 33 yrs |
| $3,300/mo (4.0%) | 41 yrs | 50+ yrs | 25 yrs |
| $4,200/mo (5.0%) | 28 yrs | 50+ yrs | 20 yrs |
| $5,000/mo (6.0%) | 22 yrs | 32 yrs | 17 yrs |
| $6,700/mo (8.0%) | 15 yrs | 19 yrs | 12 yrs |
Try other amounts in the how long will my money last calculator.
FAQ
How long will $1,000,000 last in retirement?
Withdrawing 4% ($40,000/year, $3,333/month) rising with 2.5% inflation, $1,000,000 lasts about 40 years at a 5% return.
How much income does $1,000,000 generate?
At a 4% withdrawal rate, about $40,000 a year. An annuity or dividend portfolio can produce different amounts.
Other amounts
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