Living Off Savings Calculator

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How long can you live with $1 000 000,00 in savings by paying yourself $6 000,00 per month?



Initial savings: $1 000 000,00
Interest rate: 6%
Monthly withdrawal: $6 000,00
Annual increase of withdrawal: 2%
Your savings will last for: 18 years

Initial amount of $1 000 000,00 will enough for 18 years of retirement. The simulation assumes that you will keep investing with predicted anuual interest rate of 6%.

Monthly withdrawals $6 000,00 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 $5 000,00 $750,00 $6 000,00 $998 250,00
2 $998 250,00 $4 991,25 $748,69 $6 120,00 $996 372,56
3 $996 372,56 $4 981,85 $747,27 $6 120,00 $994 487,14
4 $994 487,14 $4 972,43 $745,87 $6 120,00 $992 593,70
5 $992 593,70 $4 962,97 $744,45 $6 120,00 $990 692,22
6 $990 692,22 $4 953,46 $743,01 $6 120,00 $988 782,66
7 $988 782,66 $4 943,90 $741,59 $6 120,00 $986 864,98
8 $986 864,98 $4 934,31 $740,14 $6 120,00 $984 939,15
9 $984 939,15 $4 924,69 $738,71 $6 120,00 $983 005,14
10 $983 005,14 $4 915,02 $737,25 $6 120,00 $981 062,91
11 $981 062,91 $4 905,31 $735,79 $6 120,00 $979 112,42
12 $979 112,42 $4 895,56 $734,34 $6 120,00 $977 153,65
13 $977 153,65 $4 885,77 $732,87 $6 120,00 $975 186,55
14 $975 186,55 $4 875,93 $731,38 $6 242,40 $973 088,69
15 $973 088,69 $4 865,43 $729,82 $6 242,40 $970 981,91
16 $970 981,91 $4 854,90 $728,24 $6 242,40 $968 866,18
17 $968 866,18 $4 844,32 $726,64 $6 242,40 $966 741,45
18 $966 741,45 $4 833,71 $725,05 $6 242,40 $964 607,70
19 $964 607,70 $4 823,03 $723,46 $6 242,40 $962 464,88
20 $962 464,88 $4 812,31 $721,85 $6 242,40 $960 312,95
21 $960 312,95 $4 801,56 $720,24 $6 242,40 $958 151,87
22 $958 151,87 $4 790,76 $718,62 $6 242,40 $955 981,61
23 $955 981,61 $4 779,90 $716,99 $6 242,40 $953 802,13
24 $953 802,13 $4 769,01 $715,36 $6 242,40 $951 613,38
25 $951 613,38 $4 758,06 $713,72 $6 242,40 $949 415,33
26 $949 415,33 $4 747,07 $712,07 $6 367,24 $947 083,10
27 $947 083,10 $4 735,42 $710,32 $6 367,24 $944 740,95
28 $944 740,95 $4 723,69 $708,55 $6 367,24 $942 388,84
29 $942 388,84 $4 711,93 $706,79 $6 367,24 $940 026,73
30 $940 026,73 $4 700,13 $705,01 $6 367,24 $937 654,59
31 $937 654,59 $4 688,27 $703,25 $6 367,24 $935 272,37
32 $935 272,37 $4 676,35 $701,46 $6 367,24 $932 880,02
33 $932 880,02 $4 664,39 $699,65 $6 367,24 $930 477,51
34 $930 477,51 $4 652,39 $697,86 $6 367,24 $928 064,79
35 $928 064,79 $4 640,31 $696,04 $6 367,24 $925 641,81
36 $925 641,81 $4 628,21 $694,24 $6 367,24 $923 208,54
37 $923 208,54 $4 616,03 $692,40 $6 367,24 $920 764,92
38 $920 764,92 $4 603,81 $690,58 $6 494,59 $918 183,57
39 $918 183,57 $4 590,92 $688,63 $6 494,59 $915 591,25
40 $915 591,25 $4 577,96 $686,70 $6 494,59 $912 987,92
41 $912 987,92 $4 564,93 $684,75 $6 494,59 $910 373,52
42 $910 373,52 $4 551,86 $682,78 $6 494,59 $907 748,00
43 $907 748,00 $4 538,73 $680,82 $6 494,59 $905 111,33
44 $905 111,33 $4 525,56 $678,84 $6 494,59 $902 463,46
45 $902 463,46 $4 512,31 $676,85 $6 494,59 $899 804,34
46 $899 804,34 $4 499,02 $674,86 $6 494,59 $897 133,90
47 $897 133,90 $4 485,67 $672,86 $6 494,59 $894 452,12
48 $894 452,12 $4 472,26 $670,84 $6 494,59 $891 758,95
49 $891 758,95 $4 458,78 $668,82 $6 494,59 $889 054,32
50 $889 054,32 $4 445,27 $666,79 $6 624,48 $886 208,31
51 $886 208,31 $4 431,03 $664,65 $6 624,48 $883 350,20
52 $883 350,20 $4 416,75 $662,51 $6 624,48 $880 479,95
53 $880 479,95 $4 402,39 $660,36 $6 624,48 $877 597,50
54 $877 597,50 $4 387,98 $658,20 $6 624,48 $874 702,81
55 $874 702,81 $4 373,51 $656,02 $6 624,48 $871 795,80
56 $871 795,80 $4 358,97 $653,85 $6 624,48 $868 876,45
57 $868 876,45 $4 344,38 $651,65 $6 624,48 $865 944,68
58 $865 944,68 $4 329,72 $649,46 $6 624,48 $863 000,46
59 $863 000,46 $4 315,00 $647,25 $6 624,48 $860 043,73
60 $860 043,73 $4 300,22 $645,03 $6 624,48 $857 074,42
61 $857 074,42 $4 285,36 $642,80 $6 624,48 $854 092,50
62 $854 092,50 $4 270,46 $640,57 $6 756,97 $850 965,41
63 $850 965,41 $4 254,82 $638,23 $6 756,97 $847 825,04
64 $847 825,04 $4 239,13 $635,87 $6 756,97 $844 671,32
65 $844 671,32 $4 223,35 $633,50 $6 756,97 $841 504,20
66 $841 504,20 $4 207,52 $631,12 $6 756,97 $838 323,61
67 $838 323,61 $4 191,61 $628,75 $6 756,97 $835 129,51
68 $835 129,51 $4 175,64 $626,35 $6 756,97 $831 921,83
69 $831 921,83 $4 159,60 $623,95 $6 756,97 $828 700,52
70 $828 700,52 $4 143,50 $621,52 $6 756,97 $825 465,52
71 $825 465,52 $4 127,32 $619,10 $6 756,97 $822 216,77
72 $822 216,77 $4 111,07 $616,66 $6 756,97 $818 954,21
73 $818 954,21 $4 094,76 $614,22 $6 756,97 $815 677,78
74 $815 677,78 $4 078,38 $611,75 $6 892,11 $812 252,30
75 $812 252,30 $4 061,26 $609,19 $6 892,11 $808 812,25
76 $808 812,25 $4 044,05 $606,61 $6 892,11 $805 357,59
77 $805 357,59 $4 026,78 $604,01 $6 892,11 $801 888,25
78 $801 888,25 $4 009,44 $601,41 $6 892,11 $798 404,15
79 $798 404,15 $3 992,01 $598,80 $6 892,11 $794 905,25
80 $794 905,25 $3 974,53 $596,17 $6 892,11 $791 391,48
81 $791 391,48 $3 956,96 $593,54 $6 892,11 $787 862,78
82 $787 862,78 $3 939,30 $590,89 $6 892,11 $784 319,08
83 $784 319,08 $3 921,59 $588,24 $6 892,11 $780 760,32
84 $780 760,32 $3 903,80 $585,58 $6 892,11 $777 186,43
85 $777 186,43 $3 885,92 $582,88 $6 892,11 $773 597,35
86 $773 597,35 $3 867,98 $580,20 $7 029,95 $769 855,19
87 $769 855,19 $3 849,28 $577,39 $7 029,95 $766 097,11
88 $766 097,11 $3 830,48 $574,58 $7 029,95 $762 323,06
89 $762 323,06 $3 811,61 $571,75 $7 029,95 $758 532,98
90 $758 532,98 $3 792,65 $568,89 $7 029,95 $754 726,78
91 $754 726,78 $3 773,63 $566,04 $7 029,95 $750 904,41
92 $750 904,41 $3 754,51 $563,17 $7 029,95 $747 065,79
93 $747 065,79 $3 735,32 $560,29 $7 029,95 $743 210,86
94 $743 210,86 $3 716,05 $557,40 $7 029,95 $739 339,55
95 $739 339,55 $3 696,69 $554,50 $7 029,95 $735 451,78
96 $735 451,78 $3 677,26 $551,59 $7 029,95 $731 547,49
97 $731 547,49 $3 657,73 $548,66 $7 029,95 $727 626,61
98 $727 626,61 $3 638,13 $545,72 $7 170,55 $723 548,46
99 $723 548,46 $3 617,73 $542,66 $7 170,55 $719 452,98
100 $719 452,98 $3 597,26 $539,59 $7 170,55 $715 340,09
101 $715 340,09 $3 576,69 $536,50 $7 170,55 $711 209,73
102 $711 209,73 $3 556,05 $533,40 $7 170,55 $707 061,81
103 $707 061,81 $3 535,30 $530,29 $7 170,55 $702 896,27
104 $702 896,27 $3 514,48 $527,17 $7 170,55 $698 713,01
105 $698 713,01 $3 493,57 $524,03 $7 170,55 $694 511,98
106 $694 511,98 $3 472,55 $520,88 $7 170,55 $690 293,10
107 $690 293,10 $3 451,46 $517,73 $7 170,55 $686 056,28
108 $686 056,28 $3 430,28 $514,54 $7 170,55 $681 801,46
109 $681 801,46 $3 409,01 $511,36 $7 170,55 $677 528,55
110 $677 528,55 $3 387,63 $508,14 $7 313,96 $673 094,08
111 $673 094,08 $3 365,46 $504,82 $7 313,96 $668 640,75
112 $668 640,75 $3 343,19 $501,48 $7 313,96 $664 168,50
113 $664 168,50 $3 320,84 $498,12 $7 313,96 $659 677,25
114 $659 677,25 $3 298,38 $494,75 $7 313,96 $655 166,91
115 $655 166,91 $3 275,82 $491,37 $7 313,96 $650 637,39
116 $650 637,39 $3 253,19 $487,98 $7 313,96 $646 088,64
117 $646 088,64 $3 230,44 $484,56 $7 313,96 $641 520,54
118 $641 520,54 $3 207,59 $481,13 $7 313,96 $636 933,03
119 $636 933,03 $3 184,67 $477,70 $7 313,96 $632 326,03
120 $632 326,03 $3 161,63 $474,25 $7 313,96 $627 699,44
121 $627 699,44 $3 138,50 $470,77 $7 313,96 $623 053,19
122 $623 053,19 $3 115,26 $467,30 $7 460,24 $618 240,92
123 $618 240,92 $3 091,19 $463,68 $7 460,24 $613 408,19
124 $613 408,19 $3 067,03 $460,06 $7 460,24 $608 554,93
125 $608 554,93 $3 042,76 $456,42 $7 460,24 $603 681,03
126 $603 681,03 $3 018,40 $452,76 $7 460,24 $598 786,43
127 $598 786,43 $2 993,92 $449,08 $7 460,24 $593 871,02
128 $593 871,02 $2 969,36 $445,41 $7 460,24 $588 934,72
129 $588 934,72 $2 944,67 $441,70 $7 460,24 $583 977,44
130 $583 977,44 $2 919,88 $437,99 $7 460,24 $578 999,09
131 $578 999,09 $2 895,00 $434,25 $7 460,24 $573 999,60
132 $573 999,60 $2 870,00 $430,50 $7 460,24 $568 978,85
133 $568 978,85 $2 844,88 $426,74 $7 460,24 $563 936,75
134 $563 936,75 $2 819,67 $422,95 $7 609,45 $558 724,02
135 $558 724,02 $2 793,61 $419,05 $7 609,45 $553 489,14
136 $553 489,14 $2 767,44 $415,12 $7 609,45 $548 232,02
137 $548 232,02 $2 741,15 $411,18 $7 609,45 $542 952,55
138 $542 952,55 $2 714,76 $407,22 $7 609,45 $537 650,64
139 $537 650,64 $2 688,25 $403,24 $7 609,45 $532 326,20
140 $532 326,20 $2 661,63 $399,25 $7 609,45 $526 979,13
141 $526 979,13 $2 634,90 $395,24 $7 609,45 $521 609,34
142 $521 609,34 $2 608,05 $391,20 $7 609,45 $516 216,73
143 $516 216,73 $2 581,07 $387,17 $7 609,45 $510 801,19
144 $510 801,19 $2 554,01 $383,11 $7 609,45 $505 362,64
145 $505 362,64 $2 526,80 $379,02 $7 609,45 $499 900,97
146 $499 900,97 $2 499,50 $374,93 $7 761,63 $494 263,90
147 $494 263,90 $2 471,32 $370,69 $7 761,63 $488 602,88
148 $488 602,88 $2 443,01 $366,45 $7 761,63 $482 917,79
149 $482 917,79 $2 414,59 $362,18 $7 761,63 $477 208,55
150 $477 208,55 $2 386,03 $357,91 $7 761,63 $471 475,04
151 $471 475,04 $2 357,38 $353,61 $7 761,63 $465 717,17
152 $465 717,17 $2 328,59 $349,29 $7 761,63 $459 934,83
153 $459 934,83 $2 299,67 $344,95 $7 761,63 $454 127,90
154 $454 127,90 $2 270,63 $340,60 $7 761,63 $448 296,30
155 $448 296,30 $2 241,48 $336,23 $7 761,63 $442 439,91
156 $442 439,91 $2 212,19 $331,82 $7 761,63 $436 558,64
157 $436 558,64 $2 182,78 $327,42 $7 761,63 $430 652,37
158 $430 652,37 $2 153,26 $322,99 $7 916,87 $424 565,77
159 $424 565,77 $2 122,82 $318,43 $7 916,87 $418 453,29
160 $418 453,29 $2 092,26 $313,85 $7 916,87 $412 314,84
161 $412 314,84 $2 061,57 $309,24 $7 916,87 $406 150,30
162 $406 150,30 $2 030,75 $304,62 $7 916,87 $399 959,56
163 $399 959,56 $1 999,79 $299,97 $7 916,87 $393 742,51
164 $393 742,51 $1 968,71 $295,31 $7 916,87 $387 499,04
165 $387 499,04 $1 937,50 $290,62 $7 916,87 $381 229,04
166 $381 229,04 $1 906,15 $285,93 $7 916,87 $374 932,38
167 $374 932,38 $1 874,66 $281,19 $7 916,87 $368 608,97
168 $368 608,97 $1 843,03 $276,45 $7 916,87 $362 258,68
169 $362 258,68 $1 811,28 $271,69 $7 916,87 $355 881,40
170 $355 881,40 $1 779,41 $266,92 $8 075,21 $349 318,68
171 $349 318,68 $1 746,58 $261,99 $8 075,21 $342 728,07
172 $342 728,07 $1 713,64 $257,05 $8 075,21 $336 109,45
173 $336 109,45 $1 680,54 $252,09 $8 075,21 $329 462,70
174 $329 462,70 $1 647,30 $247,09 $8 075,21 $322 787,70
175 $322 787,70 $1 613,94 $242,09 $8 075,21 $316 084,33
176 $316 084,33 $1 580,42 $237,06 $8 075,21 $309 352,47
177 $309 352,47 $1 546,75 $232,02 $8 075,21 $302 592,00
178 $302 592,00 $1 512,96 $226,94 $8 075,21 $295 802,80
179 $295 802,80 $1 479,00 $221,86 $8 075,21 $288 984,74
180 $288 984,74 $1 444,92 $216,74 $8 075,21 $282 137,71
181 $282 137,71 $1 410,69 $211,61 $8 075,21 $275 261,58
182 $275 261,58 $1 376,30 $206,44 $8 236,71 $268 194,72
183 $268 194,72 $1 340,97 $201,15 $8 236,71 $261 097,83
184 $261 097,83 $1 305,49 $195,83 $8 236,71 $253 970,77
185 $253 970,77 $1 269,84 $190,47 $8 236,71 $246 813,43
186 $246 813,43 $1 234,06 $185,12 $8 236,71 $239 625,67
187 $239 625,67 $1 198,13 $179,71 $8 236,71 $232 407,36
188 $232 407,36 $1 162,03 $174,31 $8 236,71 $225 158,38
189 $225 158,38 $1 125,78 $168,87 $8 236,71 $217 878,58
190 $217 878,58 $1 089,39 $163,40 $8 236,71 $210 567,85
191 $210 567,85 $1 052,83 $157,93 $8 236,71 $203 226,04
192 $203 226,04 $1 016,12 $152,41 $8 236,71 $195 853,04
193 $195 853,04 $979,26 $146,90 $8 236,71 $188 448,70
194 $188 448,70 $942,24 $141,34 $8 401,44 $180 848,15
195 $180 848,15 $904,24 $135,63 $8 401,44 $173 215,30
196 $173 215,30 $866,08 $129,91 $8 401,44 $165 550,01
197 $165 550,01 $827,75 $124,17 $8 401,44 $157 852,14
198 $157 852,14 $789,25 $118,39 $8 401,44 $150 121,56
199 $150 121,56 $750,61 $112,59 $8 401,44 $142 358,12
200 $142 358,12 $711,78 $106,76 $8 401,44 $134 561,70
201 $134 561,70 $672,80 $100,93 $8 401,44 $126 732,13
202 $126 732,13 $633,65 $95,04 $8 401,44 $118 869,29
203 $118 869,29 $594,35 $89,15 $8 401,44 $110 973,03
204 $110 973,03 $554,87 $83,23 $8 401,44 $103 043,21
205 $103 043,21 $515,22 $77,29 $8 401,44 $95 079,69
206 $95 079,69 $475,39 $71,31 $8 569,47 $86 914,31
207 $86 914,31 $434,56 $65,18 $8 569,47 $78 714,21
208 $78 714,21 $393,56 $59,03 $8 569,47 $70 479,26
209 $70 479,26 $352,39 $52,85 $8 569,47 $62 209,32
210 $62 209,32 $311,05 $46,65 $8 569,47 $53 904,24
211 $53 904,24 $269,51 $40,42 $8 569,47 $45 563,85
212 $45 563,85 $227,81 $34,17 $8 569,47 $37 188,01
213 $37 188,01 $185,93 $27,89 $8 569,47 $28 776,57
214 $28 776,57 $143,87 $21,58 $8 569,47 $20 329,39
215 $20 329,39 $101,65 $15,25 $8 569,47 $11 846,31
216 $11 846,31 $59,22 $8,89 $3 327,17 $3 327,17
↓ Expand the schedule ↓

Consider alternative scenarios

Higher monthly withdrawals

Initial amount of $1 000 000,00 with 6% interest rate will allow you to live on:

  • $6 600,00 per month for 15 years 10 months

  • $7 200,00 per month for 14 years 2 months

Monthly withdrawal Duration
$6 600,00 15 years 10 months
$7 200,00 14 years 2 months

Lower monthly withdrawals

Initial amount of $1 000 000,00 with 6% interest rate will allow you to live on:

  • $5 400,00 per month for 20 years 10 months

  • $4 800,00 per month for 24 years 8 months

Monthly withdrawal Duration
$5 400,00 20 years 10 months
$4 800,00 24 years 8 months


Different interest rate

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

  • 4.8% ensures stable withdrawals for 16 years 3 months

  • 6% ensures stable withdrawals for 18 years

  • 7.2% ensures stable withdrawals for 20 years 5 months

Interest rate Monthly withdrawal Duration
4.8% $6 000,00 16 years 3 months
6% $6 000,00 18 years
7.2% $6 000,00 20 years 5 months

Higher initial savings

With higher initial amount you will be able to withdraw $6 000,00 for much longer:

  • $1 100 000,00 will last for 20 years 6 months

  • $1 200 000,00 will last for 23 years 3 months

  • $1 300 000,00 will last for 26 years 3 months

Initial savings Monthly withdrawal Duration
$1 100 000,00 $6 000,00 20 years 6 months
$1 200 000,00 $6 000,00 23 years 3 months
$1 300 000,00 $6 000,00 26 years 3 months
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