Living Off Savings Calculator

How long can you live with $1 000 000,00 in savings by paying yourself $4 000,00 per month?

Initial savings:	$1 000 000,00
Interest rate:	3%
Monthly withdrawal:	$4 000,00
Annual increase of withdrawal:	2%
Your savings will last for:	22 years

Initial amount of $1 000 000,00 will enough for 22 years of retirement. The simulation assumes that you will keep investing with predicted anuual interest rate of 3%.

Monthly withdrawals $4 000,00 will be increased by $2,00% every year to balance the impact of inflation.

The calculation could be described by formula below, see schedule for details.

SAVINGS + INTERESTS - TAX - WITHDRAWAL = CAPITAL LEFT

Month	Initial savings	+ Interests ?	- Tax	- Withdrawal	= Savings left
1	$1 000 000,00	$2 500,00	$375,00	$4 000,00	$998 125,00
2	$998 125,00	$2 495,30	$374,30	$4 080,00	$996 166,01
3	$996 166,01	$2 490,42	$373,56	$4 080,00	$994 202,86
4	$994 202,86	$2 485,51	$372,82	$4 080,00	$992 235,54
5	$992 235,54	$2 480,59	$372,08	$4 080,00	$990 264,04
6	$990 264,04	$2 475,65	$371,35	$4 080,00	$988 288,35
7	$988 288,35	$2 470,71	$370,61	$4 080,00	$986 308,46
8	$986 308,46	$2 465,76	$369,87	$4 080,00	$984 324,36
9	$984 324,36	$2 460,80	$369,12	$4 080,00	$982 336,04
10	$982 336,04	$2 455,84	$368,37	$4 080,00	$980 343,50
11	$980 343,50	$2 450,86	$367,62	$4 080,00	$978 346,73
12	$978 346,73	$2 445,86	$366,88	$4 080,00	$976 345,71
13	$976 345,71	$2 440,86	$366,12	$4 080,00	$974 340,44
14	$974 340,44	$2 435,84	$365,37	$4 161,60	$972 249,31
15	$972 249,31	$2 430,61	$364,60	$4 161,60	$970 153,73
16	$970 153,73	$2 425,38	$363,81	$4 161,60	$968 053,70
17	$968 053,70	$2 420,13	$363,01	$4 161,60	$965 949,21
18	$965 949,21	$2 414,86	$362,24	$4 161,60	$963 840,24
19	$963 840,24	$2 409,59	$361,43	$4 161,60	$961 726,80
20	$961 726,80	$2 404,32	$360,64	$4 161,60	$959 608,87
21	$959 608,87	$2 399,01	$359,86	$4 161,60	$957 486,43
22	$957 486,43	$2 393,71	$359,06	$4 161,60	$955 359,49
23	$955 359,49	$2 388,40	$358,25	$4 161,60	$953 228,03
24	$953 228,03	$2 383,07	$357,47	$4 161,60	$951 092,03
25	$951 092,03	$2 377,73	$356,66	$4 161,60	$948 951,50
26	$948 951,50	$2 372,38	$355,86	$4 244,83	$946 723,18
27	$946 723,18	$2 366,80	$355,02	$4 244,83	$944 490,13
28	$944 490,13	$2 361,23	$354,18	$4 244,83	$942 252,34
29	$942 252,34	$2 355,63	$353,35	$4 244,83	$940 009,79
30	$940 009,79	$2 350,01	$352,50	$4 244,83	$937 762,47
31	$937 762,47	$2 344,40	$351,67	$4 244,83	$935 510,37
32	$935 510,37	$2 338,78	$350,81	$4 244,83	$933 253,50
33	$933 253,50	$2 333,13	$349,97	$4 244,83	$930 991,83
34	$930 991,83	$2 327,48	$349,12	$4 244,83	$928 725,35
35	$928 725,35	$2 321,80	$348,27	$4 244,83	$926 454,04
36	$926 454,04	$2 316,13	$347,43	$4 244,83	$924 177,92
37	$924 177,92	$2 310,44	$346,56	$4 244,83	$921 896,96
38	$921 896,96	$2 304,73	$345,72	$4 329,72	$919 526,25
39	$919 526,25	$2 298,82	$344,82	$4 329,72	$917 150,51
40	$917 150,51	$2 292,88	$343,93	$4 329,72	$914 769,73
41	$914 769,73	$2 286,92	$343,04	$4 329,72	$912 383,88
42	$912 383,88	$2 280,96	$342,14	$4 329,72	$909 992,96
43	$909 992,96	$2 274,98	$341,25	$4 329,72	$907 596,96
44	$907 596,96	$2 268,98	$340,35	$4 329,72	$905 195,87
45	$905 195,87	$2 262,98	$339,44	$4 329,72	$902 789,68
46	$902 789,68	$2 256,96	$338,55	$4 329,72	$900 378,37
47	$900 378,37	$2 250,94	$337,64	$4 329,72	$897 961,94
48	$897 961,94	$2 244,90	$336,74	$4 329,72	$895 540,38
49	$895 540,38	$2 238,84	$335,82	$4 329,72	$893 113,67
50	$893 113,67	$2 232,78	$334,92	$4 416,32	$890 595,20
51	$890 595,20	$2 226,48	$333,98	$4 416,32	$888 071,39
52	$888 071,39	$2 220,17	$333,02	$4 416,32	$885 542,22
53	$885 542,22	$2 213,86	$332,07	$4 416,32	$883 007,67
54	$883 007,67	$2 207,51	$331,12	$4 416,32	$880 467,74
55	$880 467,74	$2 201,17	$330,18	$4 416,32	$877 922,41
56	$877 922,41	$2 194,80	$329,23	$4 416,32	$875 371,66
57	$875 371,66	$2 188,42	$328,26	$4 416,32	$872 815,50
58	$872 815,50	$2 182,03	$327,31	$4 416,32	$870 253,91
59	$870 253,91	$2 175,63	$326,35	$4 416,32	$867 686,87
60	$867 686,87	$2 169,21	$325,38	$4 416,32	$865 114,37
61	$865 114,37	$2 162,78	$324,42	$4 416,32	$862 536,42
62	$862 536,42	$2 156,34	$323,45	$4 504,64	$859 864,65
63	$859 864,65	$2 149,65	$322,44	$4 504,64	$857 187,21
64	$857 187,21	$2 142,96	$321,44	$4 504,64	$854 504,08
65	$854 504,08	$2 136,26	$320,43	$4 504,64	$851 815,25
66	$851 815,25	$2 129,53	$319,43	$4 504,64	$849 120,70
67	$849 120,70	$2 122,80	$318,42	$4 504,64	$846 420,43
68	$846 420,43	$2 116,05	$317,41	$4 504,64	$843 714,42
69	$843 714,42	$2 109,28	$316,39	$4 504,64	$841 002,66
70	$841 002,66	$2 102,51	$315,37	$4 504,64	$838 285,14
71	$838 285,14	$2 095,71	$314,36	$4 504,64	$835 561,84
72	$835 561,84	$2 088,90	$313,33	$4 504,64	$832 832,75
73	$832 832,75	$2 082,07	$312,31	$4 504,64	$830 097,86
74	$830 097,86	$2 075,23	$311,29	$4 594,74	$827 267,07
75	$827 267,07	$2 068,17	$310,23	$4 594,74	$824 430,27
76	$824 430,27	$2 061,07	$309,17	$4 594,74	$821 587,43
77	$821 587,43	$2 053,96	$308,10	$4 594,74	$818 738,56
78	$818 738,56	$2 046,84	$307,02	$4 594,74	$815 883,64
79	$815 883,64	$2 039,71	$305,95	$4 594,74	$813 022,65
80	$813 022,65	$2 032,55	$304,88	$4 594,74	$810 155,57
81	$810 155,57	$2 025,39	$303,81	$4 594,74	$807 282,41
82	$807 282,41	$2 018,21	$302,74	$4 594,74	$804 403,14
83	$804 403,14	$2 011,00	$301,66	$4 594,74	$801 517,75
84	$801 517,75	$2 003,78	$300,56	$4 594,74	$798 626,22
85	$798 626,22	$1 996,56	$299,49	$4 594,74	$795 728,56
86	$795 728,56	$1 989,31	$298,39	$4 686,63	$792 732,84
87	$792 732,84	$1 981,82	$297,27	$4 686,63	$789 730,76
88	$789 730,76	$1 974,32	$296,14	$4 686,63	$786 722,30
89	$786 722,30	$1 966,80	$295,02	$4 686,63	$783 707,44
90	$783 707,44	$1 959,26	$293,89	$4 686,63	$780 686,17
91	$780 686,17	$1 951,72	$292,75	$4 686,63	$777 658,50
92	$777 658,50	$1 944,15	$291,62	$4 686,63	$774 624,38
93	$774 624,38	$1 936,55	$290,49	$4 686,63	$771 583,81
94	$771 583,81	$1 928,96	$289,35	$4 686,63	$768 536,78
95	$768 536,78	$1 921,33	$288,20	$4 686,63	$765 483,28
96	$765 483,28	$1 913,71	$287,06	$4 686,63	$762 423,29
97	$762 423,29	$1 906,05	$285,91	$4 686,63	$759 356,80
98	$759 356,80	$1 898,39	$284,75	$4 780,37	$756 190,06
99	$756 190,06	$1 890,48	$283,57	$4 780,37	$753 016,59
100	$753 016,59	$1 882,53	$282,38	$4 780,37	$749 836,37
101	$749 836,37	$1 874,58	$281,18	$4 780,37	$746 649,40
102	$746 649,40	$1 866,61	$280,00	$4 780,37	$743 455,65
103	$743 455,65	$1 858,64	$278,80	$4 780,37	$740 255,12
104	$740 255,12	$1 850,64	$277,60	$4 780,37	$737 047,79
105	$737 047,79	$1 842,61	$276,39	$4 780,37	$733 833,64
106	$733 833,64	$1 834,57	$275,18	$4 780,37	$730 612,66
107	$730 612,66	$1 826,52	$273,98	$4 780,37	$727 384,84
108	$727 384,84	$1 818,46	$272,76	$4 780,37	$724 150,16
109	$724 150,16	$1 810,38	$271,56	$4 780,37	$720 908,61
110	$720 908,61	$1 802,26	$270,35	$4 875,97	$717 564,55
111	$717 564,55	$1 793,91	$269,08	$4 875,97	$714 213,39
112	$714 213,39	$1 785,52	$267,82	$4 875,97	$710 855,11
113	$710 855,11	$1 777,14	$266,57	$4 875,97	$707 489,70
114	$707 489,70	$1 768,72	$265,31	$4 875,97	$704 117,13
115	$704 117,13	$1 760,28	$264,05	$4 875,97	$700 737,39
116	$700 737,39	$1 751,83	$262,77	$4 875,97	$697 350,47
117	$697 350,47	$1 743,38	$261,50	$4 875,97	$693 956,37
118	$693 956,37	$1 734,89	$260,24	$4 875,97	$690 555,04
119	$690 555,04	$1 726,39	$258,95	$4 875,97	$687 146,49
120	$687 146,49	$1 717,86	$257,68	$4 875,97	$683 730,69
121	$683 730,69	$1 709,32	$256,39	$4 875,97	$680 307,64
122	$680 307,64	$1 700,76	$255,12	$4 973,49	$676 779,80
123	$676 779,80	$1 691,95	$253,80	$4 973,49	$673 244,45
124	$673 244,45	$1 683,10	$252,46	$4 973,49	$669 701,59
125	$669 701,59	$1 674,25	$251,13	$4 973,49	$666 151,21
126	$666 151,21	$1 665,38	$249,81	$4 973,49	$662 593,28
127	$662 593,28	$1 656,48	$248,47	$4 973,49	$659 027,78
128	$659 027,78	$1 647,56	$247,13	$4 973,49	$655 454,71
129	$655 454,71	$1 638,64	$245,80	$4 973,49	$651 874,06
130	$651 874,06	$1 629,69	$244,46	$4 973,49	$648 285,79
131	$648 285,79	$1 620,71	$243,11	$4 973,49	$644 689,89
132	$644 689,89	$1 611,72	$241,75	$4 973,49	$641 086,36
133	$641 086,36	$1 602,72	$240,40	$4 973,49	$637 475,17
134	$637 475,17	$1 593,69	$239,06	$5 072,96	$633 756,83
135	$633 756,83	$1 584,39	$237,65	$5 072,96	$630 030,59
136	$630 030,59	$1 575,07	$236,27	$5 072,96	$626 296,44
137	$626 296,44	$1 565,74	$234,87	$5 072,96	$622 554,34
138	$622 554,34	$1 556,39	$233,46	$5 072,96	$618 804,30
139	$618 804,30	$1 547,00	$232,06	$5 072,96	$615 046,28
140	$615 046,28	$1 537,61	$230,65	$5 072,96	$611 280,29
141	$611 280,29	$1 528,20	$229,22	$5 072,96	$607 506,29
142	$607 506,29	$1 518,76	$227,81	$5 072,96	$603 724,27
143	$603 724,27	$1 509,30	$226,40	$5 072,96	$599 934,22
144	$599 934,22	$1 499,83	$224,97	$5 072,96	$596 136,11
145	$596 136,11	$1 490,33	$223,56	$5 072,96	$592 329,92
146	$592 329,92	$1 480,81	$222,12	$5 174,42	$588 414,19
147	$588 414,19	$1 471,03	$220,65	$5 174,42	$584 490,14
148	$584 490,14	$1 461,23	$219,18	$5 174,42	$580 557,75
149	$580 557,75	$1 451,39	$217,71	$5 174,42	$576 617,01
150	$576 617,01	$1 441,53	$216,24	$5 174,42	$572 667,88
151	$572 667,88	$1 431,67	$214,75	$5 174,42	$568 710,36
152	$568 710,36	$1 421,77	$213,27	$5 174,42	$564 744,45
153	$564 744,45	$1 411,85	$211,78	$5 174,42	$560 770,10
154	$560 770,10	$1 401,93	$210,28	$5 174,42	$556 787,31
155	$556 787,31	$1 391,97	$208,80	$5 174,42	$552 796,06
156	$552 796,06	$1 381,99	$207,30	$5 174,42	$548 796,32
157	$548 796,32	$1 371,99	$205,80	$5 174,42	$544 788,08
158	$544 788,08	$1 361,97	$204,30	$5 277,91	$540 667,84
159	$540 667,84	$1 351,67	$202,75	$5 277,91	$536 538,83
160	$536 538,83	$1 341,34	$201,21	$5 277,91	$532 401,06
161	$532 401,06	$1 331,00	$199,65	$5 277,91	$528 254,49
162	$528 254,49	$1 320,64	$198,09	$5 277,91	$524 099,12
163	$524 099,12	$1 310,25	$196,53	$5 277,91	$519 934,91
164	$519 934,91	$1 299,83	$194,97	$5 277,91	$515 761,86
165	$515 761,86	$1 289,40	$193,40	$5 277,91	$511 579,93
166	$511 579,93	$1 278,95	$191,84	$5 277,91	$507 389,12
167	$507 389,12	$1 268,47	$190,28	$5 277,91	$503 189,39
168	$503 189,39	$1 257,97	$188,69	$5 277,91	$498 980,75
169	$498 980,75	$1 247,45	$187,12	$5 277,91	$494 763,16
170	$494 763,16	$1 236,91	$185,53	$5 383,47	$490 431,06
171	$490 431,06	$1 226,07	$183,91	$5 383,47	$486 089,75
172	$486 089,75	$1 215,22	$182,28	$5 383,47	$481 739,20
173	$481 739,20	$1 204,34	$180,65	$5 383,47	$477 379,42
174	$477 379,42	$1 193,45	$179,02	$5 383,47	$473 010,38
175	$473 010,38	$1 182,52	$177,37	$5 383,47	$468 632,05
176	$468 632,05	$1 171,57	$175,74	$5 383,47	$464 244,42
177	$464 244,42	$1 160,60	$174,09	$5 383,47	$459 847,46
178	$459 847,46	$1 149,61	$172,44	$5 383,47	$455 441,15
179	$455 441,15	$1 138,59	$170,78	$5 383,47	$451 025,49
180	$451 025,49	$1 127,55	$169,13	$5 383,47	$446 600,44
181	$446 600,44	$1 116,50	$167,47	$5 383,47	$442 165,98
182	$442 165,98	$1 105,41	$165,81	$5 491,14	$437 614,43
183	$437 614,43	$1 094,03	$164,11	$5 491,14	$433 053,22
184	$433 053,22	$1 082,63	$162,40	$5 491,14	$428 482,30
185	$428 482,30	$1 071,21	$160,68	$5 491,14	$423 901,68
186	$423 901,68	$1 059,75	$158,96	$5 491,14	$419 311,32
187	$419 311,32	$1 048,27	$157,25	$5 491,14	$414 711,21
188	$414 711,21	$1 036,77	$155,52	$5 491,14	$410 101,32
189	$410 101,32	$1 025,25	$153,78	$5 491,14	$405 481,64
190	$405 481,64	$1 013,70	$152,06	$5 491,14	$400 852,14
191	$400 852,14	$1 002,12	$150,31	$5 491,14	$396 212,80
192	$396 212,80	$990,52	$148,58	$5 491,14	$391 563,61
193	$391 563,61	$978,90	$146,84	$5 491,14	$386 904,54
194	$386 904,54	$967,25	$145,09	$5 600,96	$382 125,74
195	$382 125,74	$955,30	$143,30	$5 600,96	$377 336,79
196	$377 336,79	$943,34	$141,50	$5 600,96	$372 537,65
197	$372 537,65	$931,34	$139,71	$5 600,96	$367 728,32
198	$367 728,32	$919,32	$137,90	$5 600,96	$362 908,77
199	$362 908,77	$907,26	$136,09	$5 600,96	$358 078,97
200	$358 078,97	$895,20	$134,28	$5 600,96	$353 238,93
201	$353 238,93	$883,10	$132,46	$5 600,96	$348 388,59
202	$348 388,59	$870,97	$130,65	$5 600,96	$343 527,95
203	$343 527,95	$858,82	$128,83	$5 600,96	$338 656,97
204	$338 656,97	$846,63	$127,00	$5 600,96	$333 775,65
205	$333 775,65	$834,44	$125,17	$5 600,96	$328 883,95
206	$328 883,95	$822,21	$123,34	$5 712,98	$323 869,84
207	$323 869,84	$809,66	$121,45	$5 712,98	$318 845,06
208	$318 845,06	$797,11	$119,56	$5 712,98	$313 809,62
209	$313 809,62	$784,51	$117,68	$5 712,98	$308 763,47
210	$308 763,47	$771,90	$115,79	$5 712,98	$303 706,61
211	$303 706,61	$759,26	$113,90	$5 712,98	$298 638,99
212	$298 638,99	$746,60	$111,98	$5 712,98	$293 560,62
213	$293 560,62	$733,89	$110,09	$5 712,98	$288 471,44
214	$288 471,44	$721,17	$108,18	$5 712,98	$283 371,46
215	$283 371,46	$708,42	$106,26	$5 712,98	$278 260,63
216	$278 260,63	$695,64	$104,34	$5 712,98	$273 138,95
217	$273 138,95	$682,85	$102,43	$5 712,98	$268 006,38
218	$268 006,38	$670,01	$100,51	$5 827,24	$262 748,65
219	$262 748,65	$656,87	$98,54	$5 827,24	$257 479,73
220	$257 479,73	$643,70	$96,56	$5 827,24	$252 199,63
221	$252 199,63	$630,50	$94,57	$5 827,24	$246 908,30
222	$246 908,30	$617,26	$92,59	$5 827,24	$241 605,73
223	$241 605,73	$604,00	$90,60	$5 827,24	$236 291,88
224	$236 291,88	$590,73	$88,60	$5 827,24	$230 966,76
225	$230 966,76	$577,41	$86,62	$5 827,24	$225 630,31
226	$225 630,31	$564,08	$84,62	$5 827,24	$220 282,53
227	$220 282,53	$550,71	$82,60	$5 827,24	$214 923,38
228	$214 923,38	$537,30	$80,59	$5 827,24	$209 552,85
229	$209 552,85	$523,87	$78,59	$5 827,24	$204 170,89
230	$204 170,89	$510,43	$76,56	$5 943,78	$198 660,97
231	$198 660,97	$496,64	$74,50	$5 943,78	$193 139,33
232	$193 139,33	$482,85	$72,43	$5 943,78	$187 605,96
233	$187 605,96	$469,00	$70,35	$5 943,78	$182 060,82
234	$182 060,82	$455,14	$68,28	$5 943,78	$176 503,90
235	$176 503,90	$441,25	$66,18	$5 943,78	$170 935,18
236	$170 935,18	$427,33	$64,10	$5 943,78	$165 354,62
237	$165 354,62	$413,38	$62,00	$5 943,78	$159 762,21
238	$159 762,21	$399,41	$59,92	$5 943,78	$154 157,91
239	$154 157,91	$385,38	$57,81	$5 943,78	$148 541,70
240	$148 541,70	$371,35	$55,71	$5 943,78	$142 913,55
241	$142 913,55	$357,27	$53,60	$5 943,78	$137 273,44
242	$137 273,44	$343,18	$51,47	$6 062,66	$131 502,47
243	$131 502,47	$328,75	$49,32	$6 062,66	$125 719,25
244	$125 719,25	$314,30	$47,14	$6 062,66	$119 923,73
245	$119 923,73	$299,81	$44,97	$6 062,66	$114 115,90
246	$114 115,90	$285,29	$42,79	$6 062,66	$108 295,72
247	$108 295,72	$270,74	$40,61	$6 062,66	$102 463,18
248	$102 463,18	$256,16	$38,42	$6 062,66	$96 618,24
249	$96 618,24	$241,55	$36,24	$6 062,66	$90 760,89
250	$90 760,89	$226,90	$34,03	$6 062,66	$84 891,08
251	$84 891,08	$212,22	$31,83	$6 062,66	$79 008,81
252	$79 008,81	$197,52	$29,62	$6 062,66	$73 114,03
253	$73 114,03	$182,78	$27,42	$6 062,66	$67 206,74
254	$67 206,74	$168,02	$25,21	$6 183,91	$61 165,63
255	$61 165,63	$152,90	$22,94	$6 183,91	$55 111,68
256	$55 111,68	$137,78	$20,67	$6 183,91	$49 044,87
257	$49 044,87	$122,60	$18,39	$6 183,91	$42 965,16
258	$42 965,16	$107,40	$16,12	$6 183,91	$36 872,53
259	$36 872,53	$92,18	$13,83	$6 183,91	$30 766,96
260	$30 766,96	$76,92	$11,53	$6 183,91	$24 648,42
261	$24 648,42	$61,61	$9,25	$6 183,91	$18 516,88
262	$18 516,88	$46,28	$6,95	$6 183,91	$12 372,30
263	$12 372,30	$30,92	$4,63	$6 183,91	$6 214,67
264	$6 214,67	$15,53	$2,33	$43,95	$43,95

↓ Expand the schedule ↓

Consider alternative scenarios

Higher monthly withdrawals

Initial amount of $1 000 000,00 with 3% interest rate will allow you to live on:

$4 400,00 per month for 19 years 10 months
$4 800,00 per month for 18 years 1 months

Monthly withdrawal	Duration
$4 400,00	19 years 10 months
$4 800,00	18 years 1 months

Lower monthly withdrawals

Initial amount of $1 000 000,00 with 3% interest rate will allow you to live on:

$3 600,00 per month for 24 years 7 months
$3 200,00 per month for 27 years 11 months

Monthly withdrawal	Duration
$3 600,00	24 years 7 months
$3 200,00	27 years 11 months

Different interest rate

Check how different interest rate will impact total return from $1 000 000,00

2.4% ensures stable withdrawals for 20 years 9 months
3% ensures stable withdrawals for 22 years
3.6% ensures stable withdrawals for 23 years 4 months

Interest rate	Monthly withdrawal	Duration
2.4%	$4 000,00	20 years 9 months
3%	$4 000,00	22 years
3.6%	$4 000,00	23 years 4 months

Higher initial savings

With higher initial amount you will be able to withdraw $4 000,00 for much longer:

$1 100 000,00 will last for 24 years 4 months
$1 200 000,00 will last for 26 years 8 months
$1 300 000,00 will last for 29 years 2 months

Initial savings	Monthly withdrawal	Duration
$1 100 000,00	$4 000,00	24 years 4 months
$1 200 000,00	$4 000,00	26 years 8 months
$1 300 000,00	$4 000,00	29 years 2 months