Living Off Savings Calculator

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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
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