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 determine how long such a lump sum investment will 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.