How Long Will Money Last Calculator

Find out how many years your savings will last given a monthly withdrawal amount and investment return rate. Free, instant, no signup.

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Formula: months = −log(1 − S×r/W) / log(1+r)
  • S = savings balance
  • r = monthly return rate
  • W = monthly withdrawal

How to use the How Long Will Money Last Calculator

  1. Enter your values. Fill in the fields with your numbers.
  2. Calculate. Press Calculate to run the how long will money last calculator.
  3. Use the result. Copy the result or try a related tool next.

Why use our How Long Will Money Last Calculator

Instant results. Enter your figures and the how long will money last calculator returns an answer in seconds.
Free & private. Runs in your browser — no signup, and nothing is sent to a server.
Accurate. Uses standard formulas so you can rely on the numbers.

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About the How Long Will Money Last Calculator

The How Long Will Money Last Calculator tells you how many months or years a lump sum will stretch when you draw a fixed amount from it on a regular schedule. You enter your starting balance, the amount you withdraw each period, the annual interest or return rate your money still earns while it sits there, and how often you withdraw. The tool then runs the balance down period by period and reports the point at which it reaches zero. It is built for anyone living off savings rather than adding to them: retirees, people on a career break, or someone bridging a gap between jobs.

Use it whenever you have a pot of money and a planned drawdown and you want a realistic depletion date instead of a guess. Common moments are pricing out an early retirement, sizing an emergency fund against a layoff, planning a sabbatical, or deciding whether a settlement or inheritance can cover expenses for a set number of years. It is most useful when you pair it with a real monthly budget, because the withdrawal figure you feed in is the single biggest lever over how long the money survives. Small changes to that number move the end date by years.

The math is a straightforward amortization in reverse. Each period the calculator first credits interest at your annual rate divided by the number of periods per year, then subtracts your withdrawal, and carries the new balance forward. It repeats until the balance can no longer cover a full withdrawal. When the withdrawal is larger than the interest earned, the balance steadily falls and eventually runs out; when interest equals or exceeds the withdrawal, the money technically lasts forever, and the tool flags that the principal is never touched. Increasing the withdrawal each year for inflation, if you enable it, shortens the timeline because every payment grows.

Treat the result as a planning estimate, not a promise. It assumes a steady, flat rate of return, but real investments swing year to year, and a run of poor early returns drains a portfolio faster than the average alone suggests. It also does not model taxes, fees, or one-off costs unless you bake them into the withdrawal amount. The calculator runs entirely in your browser, so your balance and spending figures are never uploaded, stored, or shared. Nothing leaves your device, which makes it safe to test honest numbers and several scenarios side by side.

Frequently asked questions

How does the calculator decide when my money runs out?

It works one period at a time: it adds interest to your balance, subtracts your withdrawal, then moves to the next period. It stops at the period where the remaining balance can no longer fund a full withdrawal, and reports the total time elapsed as your money's lifespan.

What interest rate should I enter?

Use a conservative estimate of what the money actually earns where it sits. A high-yield savings account might be 3 to 5 percent, while a diversified investment portfolio is often modeled at 4 to 6 percent after a margin for safety. If the cash earns nothing, enter 0 and the balance simply falls by each withdrawal.

Why does it sometimes say my money lasts forever?

If the interest earned each period is equal to or greater than your withdrawal, the balance never declines, so the principal is never depleted. This happens when your withdrawal rate is at or below your rate of return, meaning you are living on earnings alone.

Does this account for inflation and taxes?

It does not model taxes or fees automatically. For inflation, you can enable an annual withdrawal increase so each payment grows over time, which more realistically shortens the timeline. To cover taxes, add your expected tax bill into the withdrawal amount you enter.

How is this different from the 4 percent rule?

The 4 percent rule is a quick guideline that suggests withdrawing 4 percent of your starting balance, adjusted for inflation, to make a portfolio last about 30 years. This calculator is more flexible: you set any withdrawal amount, rate, and frequency, and it gives you the exact resulting duration rather than a fixed target.

From our blog

Date Calculator: How to Count Days, Hit Deadlines, and Avoid Off-by-One Errors

By the Super Simple Digital Tools Team · Updated June 2026

Most date mistakes are not big mistakes. They are quiet, one-day errors: an invoice marked due a day late, a notice period that ends on the wrong Friday, a countdown that is off because February had 29 days that year. A date calculator exists to kill those small errors, and the first step to using one well is knowing which of two questions you are actually asking: how long is it between two known dates, or what date do I land on after moving a known interval?

For the 'how long between' question, the most common trip-up is the difference between inclusive and exclusive counting. If a guest checks in on the 10th and out on the 13th, the gap is 3 nights but spans 4 calendar days. Both numbers are correct; they answer different questions. Decide up front whether your start and end days both 'count' as active, then set the include-end-date option to match. For pure elapsed time, leave it off; for booked spans where every day is used, turn it on.

For the 'what date will it be' question, the danger is month length. Adding 30 days is not the same as adding one month, and naive arithmetic can produce impossible dates like February 30. A good calculator walks the calendar instead, so adding one month to January 31 gives the last day of February, and adding a year to February 29 lands on February 28 in a non-leap year. If a contract says 'three months from signing,' use month steps, not a flat 90 days, because the two answers can differ by several days.

Leap years deserve a moment of respect because they are the source of a surprising share of date bugs. The rule is precise: divisible by 4 is a leap year, but a century year must also be divisible by 400. So 2024 and 2000 are leap years while 2100 will not be. Any duration that crosses a February 29, or a birthday on February 29 itself, needs this rule applied, which is exactly what the calculator does automatically so you never have to remember it.

Finally, treat business-day counting with a little caution. Stripping out weekends is straightforward and useful for rough working-day estimates, but a date tool does not know your country's public holidays, your company's closures, or court-specific rules about how deadlines that fall on a holiday roll forward. For casual planning, weekday filtering is plenty. For legal, payroll, or compliance deadlines, count the weekdays here, then adjust for the specific holidays that apply to you.

  • Always confirm whether you need inclusive or exclusive counting before trusting the number; for stays, rentals, and event spans, include the end date so both bookend days are counted.
  • When a contract or policy is written in months or years, use the add-months or add-years mode rather than converting to a flat number of days, so end-of-month and leap-year edge cases resolve correctly.
  • To find someone's age in days or a precise countdown, put the birthday or event date as one end and today's date as the other; flip which date is the start if you want past versus future.
  • For deadlines that hinge on holidays, count working days with the weekend filter first, then manually push the result past any public holidays that apply in your region.

Read the full guide →

Tool by the Super Simple Digital Tools Team. Reviewed by our editorial team. Free to use, no signup required.

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