Calculator: How long can I live off my savings?
Enter how much you have saved and how much you spend per month. The calculator shows when your savings run out.
Your numbers
Savings over time
Summary
Year by year
| Age / year | Monthly spending | Balance at start of year |
|---|---|---|
| 552026 | 3,000 EUR | 1,000,000 EUR |
| 562027 | 3,060 EUR | 983,611 EUR |
| 572028 | 3,121 EUR | 966,167 EUR |
| 582029 | 3,184 EUR | 947,631 EUR |
| 592030 | 3,247 EUR | 927,968 EUR |
| 602031 | 3,312 EUR | 907,139 EUR |
| 612032 | 3,378 EUR | 885,105 EUR |
| 622033 | 3,446 EUR | 861,828 EUR |
| 632034 | 3,515 EUR | 837,265 EUR |
| 642035 | 3,585 EUR | 811,375 EUR |
| 652036 | 3,657 EUR | 784,114 EUR |
| 662037 | 3,730 EUR | 755,439 EUR |
| 672038 | 3,805 EUR | 725,303 EUR |
| 682039 | 3,881 EUR | 693,659 EUR |
| 692040 | 3,958 EUR | 660,459 EUR |
| 702041 | 4,038 EUR | 625,654 EUR |
| 712042 | 4,118 EUR | 589,193 EUR |
| 722043 | 4,201 EUR | 551,023 EUR |
| 732044 | 4,285 EUR | 511,090 EUR |
| 742045 | 4,370 EUR | 469,339 EUR |
| 752046 | 4,458 EUR | 425,715 EUR |
| 762047 | 4,547 EUR | 380,157 EUR |
| 772048 | 4,638 EUR | 332,607 EUR |
| 782049 | 4,731 EUR | 283,003 EUR |
| 792050 | 4,825 EUR | 231,281 EUR |
| 802051 | 4,922 EUR | 177,378 EUR |
| 812052 | 5,020 EUR | 121,225 EUR |
| 822053 | 5,121 EUR | 62,756 EUR |
| 832054 | 5,223 EUR | 1,900 EUR |
| 842055 | 5,328 EUR | Savings depleted |
How it is calculated
The calculation runs month by month. At the start of each month spending is deducted (raised by inflation once a year) and the rest earns interest. Amounts are nominal, i.e. as you would see them on the account. The currency is only a label – the calculation is the same for CZK and EUR. Spending is entered in today's prices and rises with inflation every year. The result is indicative – real interest rates and inflation will change over time. This is not financial advice.
Do you like my calculators, quizzes and articles?
I build all of this in my free time, based on my own experience. If it helped you, I would really appreciate a short Google review – it helps other people find me. Thank you! Pavel
Write a review