I'm Retired, How Long Will My Savings Last?

Due to increasing life expectancies, many are running into the problem of outlasting their savings. Use this calculator to help determine when your retirement savings account may be depleted given a specified monthly income target. You may currently be in receipt of a company pension or other fixed income such as Social Security to help supplement your retirement savings account.

Income Objectives
Monthly income needed: (before-tax)
Annual increases (if any): (%) help
Fixed Income Receipts
Monthly Social Security income
Annual Social Security increases: (%) help
Monthly pension income
Annual pension increases (if any): (%) help
Monthly other income
Annual other income increases (if any): (%) help
Savings And Assumptions
Current savings balance
Annual before-tax return on savings: (%) help
Desired amortization schedule
 
active-arrow