You have made it to retirement, or perhaps you are just counting down the days until you retire. You have got money put away, but need to know how long it will last. There are key factors that will determine that, including your monthly spending and other sources of income. The rate of return on your outstanding savings balance, the taxes you pay on withdrawals and the impact inflation has on your required monthly spending will all have a significant impact as well.
How Long Will My Retirement Savings Last?
How Long Will my Retirement Savings Last?
Retirement Period Funded
Monthly Savings Withdrawal (Pre-Tax)
$ 4,200.00
Years
11
Months
9
Your savings will fund your retirement for 11 year(s) and 9 month(s).
The accuracy of this calculator is not guaranteed by First Citizens Bank [or its affiliates] and is intended for informational purposes only. The calculator displayed does not constitute the advice of, or reflect actual products, services, rates and/or terms available from First Citizens Bank [or its affiliates] and nothing contained in the calculator shall constitute an offer or solicitation of a product or service by First Citizens Bank [or its affiliates].