Retirement how long will savings last

If you experience a down market or are forced to make large withdrawals early in your retirement, you increase the odds of failure.

Paying off your mortgage? Worried about future healthcare costs? Different goals and different time tables require different strategies. Keep your nest egg safe from loss by protecting them with proper insurance, such as life insurance and other products. Get started. What are your retirement income needs? Before taxes, how much income do you need monthly?

Please only enter numbers. On average, how much do your income needs increase annually? What is your current monthly Social Security income?

Please enter a valid dollar amount. What is your average annual increase in Social Security income? What is your current monthly pension income?

Financial calculators are provided for illustrative purposes only. You are encouraged to consult with a qualified attorney or financial advisor to understand how the law applies to your particular circumstances or for financial information specific to your personal or business situation. How long will my retirement savings last?

Use this calculator to see how long your retirement savings will last. This is based on your retirement savings and your inflation adjusted withdrawals. Javascript is required for this calculator. If you are using Internet Explorer, you may need to select to 'Allow Blocked Content' to view this calculator.

Home » Fidelity Viewpoints ». Print Email Email. Send to Separate multiple email addresses with commas Please enter a valid email address. Your email address Please enter a valid email address. Message Optional. Next steps to consider Start planning now. Estimate Social Security. Estimate retirement income. Please enter a valid e-mail address. Your E-Mail Address. Important legal information about the e-mail you will be sending.

By using this service, you agree to input your real e-mail address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an e-mail. All information you provide will be used by Fidelity solely for the purpose of sending the e-mail on your behalf. The subject line of the e-mail you send will be "Fidelity. Your e-mail has been sent. First name. John, D'Monte First name is required. Last name. For the illustration, "Market performance during retirement will affect your sustainable withdrawal rate," Fidelity analyzed completed year planning horizons, the first of which began on January 1, , and the last of which began on January 1, , and ended on December 31, Withdrawal rates and portfolio returns are pretax and use the historical inflation data for each horizon.

Planning horizons are not independent, as they contain overlapping months. See footnote 4 for more information on asset classes and historical returns. For the illustration, "The longer your retirement, the lower your sustainable withdrawal rate," , , and overlapping planning horizons were analyzed for, respectively, year, year, and year scenarios.

Monthly returns data were used, starting from January and ending at July The chart, "More stocks may mean higher anticipated withdrawal rates, but with less certainty," was created based on simulations that relied on historical market data.

The historical range analyzed was January to July These simulations take into account the volatility that a variety of asset allocations might experience under different market conditions. Monthly return data for stocks domestic and foreign , bonds, cash, and inflation used various indexes as proxies.

The historical range analyzed was January to December Portfolios were rebalanced at the end of every month. No transaction costs were assumed for rebalancing, nor were any fees included.

These costs would reduce portfolio returns. Neither asset allocation nor diversification ensures a profit or guarantees against a loss. All indexes are unmanaged. You cannot invest directly in an index. Performance returns for actual investments will generally be reduced by fees or expenses not reflected in these hypothetical calculations. Returns also will generally be reduced by taxes. Past performance is no guarantee of future results.