Payout Calculator: How Long Will My Money Last?



Longevity risk – i.e. the risk of out living your money – is one of the biggest risks faced by retirees. Many retirees cash out or rollover their 401k nest eggs at retirement. Others receive a lump sum from sale of property or an inheritance. This calculator help you answer the question: how long will my money last. Enter your current savings plan in the contributions section of the calculator, and your withdrawal needs in the withdrawal section. The calculator will then plot your results year-by-year. A summary and detail report that you can printout is also produced.


Information and interactive basic retirement calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.