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

How to Estimate Asphalt Tonnage for a Driveway or Parking Lot

By the Super Simple Digital Tools Team · Updated June 2026

Asphalt is one of those materials where a small measurement error becomes an expensive surprise. The plant sells it by the ton and trucks it in batches, but your project exists in feet and inches, so the first job is converting the surface you want to pave into a weight you can order. Getting this right means fewer return trips, less leftover material hardening in the truck, and a quote you can actually trust when you talk to a paving crew.

Start by measuring the area in feet. For a rectangle, that is simply length times width; for an irregular shape, break it into rectangles and triangles and add the pieces. Then decide on the compacted thickness in inches, which is the depth of the finished surface after rolling. This is the single most influential number in the estimate: going from 2 inches to 3 inches increases your tonnage by half, because the math scales directly with depth.

The conversion itself is straightforward. Convert thickness to feet by dividing inches by 12, multiply by your area to get cubic feet, then multiply by the density of compacted hot mix, typically 145 pounds per cubic foot. Divide the result by 2,000 to land on US tons. As a quick sanity check, one ton of asphalt covers about 13.8 square feet at 2 inches or roughly 9.2 square feet at 3 inches, so you can eyeball whether your number is in the right neighborhood.

No estimate survives contact with the job site perfectly, which is why experienced estimators pad the figure. Irregular edges, trimming, material that cools too fast at the edges of a load, and start-and-stop losses from the paver all consume asphalt that never shows up in the clean geometry. Adding 5 to 10 percent on top of the calculated tonnage absorbs these losses and keeps you from running short during the one window when the mix is still hot and workable.

Cost follows naturally from tonnage. Hot mix prices vary by region and mix type, often landing somewhere between roughly $70 and $200 per ton in 2026, so once you have an accurate weight you can multiply by a local quote to ballpark the material spend, then layer in base prep, labor, and equipment separately. Treat the calculator's output as the foundation of your budget, confirm the real density and price with your supplier, and you will walk into the order with numbers that hold up.

  • Always enter the compacted thickness, not the loose lay depth; loose asphalt is spread thicker because rolling reduces it by about 20 to 25 percent.
  • Ask your supplier for the exact mix density before ordering large jobs, since swapping 145 pcf for 148 pcf shifts tonnage by about 2 percent.
  • Break odd-shaped lots into simple rectangles and triangles, calculate each separately, and total them rather than guessing one average dimension.
  • Round your final order up to the nearest half or full ton after adding waste, because suppliers rarely sell partial tons and running short stops the paving.

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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