Spending Entire Retirement Savings Over the Next 30 Years
A quick way to visualize spending all your retirement savings over the next 30 years, assuming a 12% growth rate for both retirement savings and annual withdrawals.
Scenario 1:
Starting Savings Balance: $ 375,000 (Growing at 12% Per Year)
Annual Withdrawal: $25,000 (Growing at 12% Per Year)
Duration: 30 Years
Ending Savings Balance: $ 0
| Year | Annual Withdrawal | Savings Balance |
|---|
| 0 | | $ 375,000 |
| 1 | $ 25,000 | $ 352,204 |
| 2 | $ 26,500 | $ 367,968 |
| 3 | $ 28,090 | $ 384,035 |
| 4 | $ 29,775 | $ 400,343 |
| 5 | $ 31,562 | $ 416,823 |
| 6 | $ 33,456 | $ 433,386 |
| 7 | $ 35,463 | $ 449,929 |
| 8 | $ 37,591 | $ 466,330 |
| 9 | $ 39,846 | $ 482,443 |
| 10 | $ 42,237 | $ 498,099 |
| Year | Annual Withdrawal | Savings Balance |
|---|
| | | |
| 11 | $ 44,771 | $ 513,100 |
| 12 | $ 47,457 | $ 527,215 |
| 13 | $ 50,305 | $ 540,176 |
| 14 | $ 53,323 | $ 551,673 |
| 15 | $ 56,523 | $ 561,352 |
| 16 | $ 59,914 | $ 568,800 |
| 17 | $ 63,509 | $ 573,547 |
| 18 | $ 67,319 | $ 575,053 |
| 19 | $ 71,358 | $ 572,701 |
| 20 | $ 75,640 | $ 565,785 |
| Year | Annual Withdrawal | Savings Balance |
|---|
| | | |
| 21 | $ 80,178 | $ 553,501 |
| 22 | $ 84,989 | $ 534,932 |
| 23 | $ 90,088 | $ 509,036 |
| 24 | $ 95,494 | $ 474,626 |
| 25 | $ 101,223 | $ 430,358 |
| 26 | $ 107,297 | $ 374,704 |
| 27 | $ 113,735 | $ 305,934 |
| 28 | $ 120,559 | $ 222,088 |
| 29 | $ 127,792 | $ 120,946 |
| 30 | $ 135,460 | SAVINGS FULLY SPENT |
Scenario 2:
Starting Savings Balance: $ 750,000 (Growing at 12% Per Year)
Annual Withdrawal: $50,000 (Growing at 12% Per Year)
Duration: 30 Years
Ending Savings Balance: $ 0
| Year | Annual Withdrawal | Savings Balance |
|---|
| 0 | | $ 750,000 |
| 1 | $ 50,000 | $ 784,408 |
| 2 | $ 53,000 | $ 735,937 |
| 3 | $ 56,180 | $ 768,069 |
| 4 | $ 59,551 | $ 800,687 |
| 5 | $ 63,124 | $ 833,645 |
| 6 | $ 66,911 | $ 866,772 |
| 7 | $ 70,926 | $ 899,858 |
| 8 | $ 75,182 | $ 932,660 |
| 9 | $ 79,692 | $ 964,886 |
| 10 | $ 84,474 | $ 996,199 |
| Year | Annual Withdrawal | Savings Balance |
|---|
| | | |
| 11 | $ 89,542 | $ 1,026,200 |
| 12 | $ 94,915 | $ 1,054,429 |
| 13 | $ 100,610 | $ 1,080,351 |
| 14 | $ 106,646 | $ 1,103,347 |
| 15 | $ 113,045 | $ 1,122,703 |
| 16 | $ 119,828 | $ 1,137,600 |
| 17 | $ 127,018 | $ 1,147,094 |
| 18 | $ 134,639 | $ 1,150,107 |
| 19 | $ 142,717 | $ 1,145,403 |
| 20 | $ 151,280 | $ 1,131,571 |
| Year | Annual Withdrawal | Savings Balance |
|---|
| | | |
| 21 | $ 160,357 | $ 1,107,003 |
| 22 | $ 169,978 | $ 1,069,865 |
| 23 | $ 180,177 | $ 1,018,072 |
| 24 | $ 190,987 | $ 949,253 |
| 25 | $ 202,447 | $ 860,716 |
| 26 | $ 214,594 | $ 749,409 |
| 27 | $ 227,469 | $ 611,869 |
| 28 | $ 241,117 | $ 444,176 |
| 29 | $ 255,584 | $ 241,892 |
| 30 | $ 270,919 | SAVINGS FULLY SPENT |
Scenario 3:
Starting Savings Balance: $ 1,125,000 (Growing at 12% Per Year)
Annual Withdrawal: $75,000 (Growing at 12% Per Year)
Duration: 30 Years
Ending Savings Balance After 30 Years: $ 0
| Year | Annual Withdrawal | Savings Balance |
|---|
| 0 | | $ 1,125,000 |
| 1 | $ 75,000 | $ 1,056,612 |
| 2 | $ 79,500 | $ 1,103,905 |
| 3 | $ 84,270 | $ 1,152,104 |
| 4 | $ 89,326 | $ 1,201,030 |
| 5 | $ 94,686 | $ 1,250,468 |
| 6 | $ 100,367 | $ 1,300,157 |
| 7 | $ 106,389 | $ 1,349,787 |
| 8 | $ 112,772 | $ 1,398,989 |
| 9 | $ 119,539 | $ 1,447,330 |
| 10 | $ 126,711 | $ 1,494,298 |
| Year | Annual Withdrawal | Savings Balance |
|---|
| | | |
| 11 | $ 134,314 | $ 1,539,300 |
| 12 | $ 142,372 | $ 1,581,644 |
| 13 | $ 150,915 | $ 1,620,527 |
| 14 | $ 159,970 | $ 1,655,020 |
| 15 | $ 169,568 | $ 1,684,055 |
| 16 | $ 179,742 | $ 1,706,399 |
| 17 | $ 190,526 | $ 1,720,641 |
| 18 | $ 201,958 | $ 1,725,160 |
| 19 | $ 214,075 | $ 1,718,104 |
| 20 | $ 226,920 | $ 1,697,356 |
| Year | Annual Withdrawal | Savings Balance |
|---|
| | | |
| 21 | $ 240,535 | $ 1,660,504 |
| 22 | $ 254,967 | $ 1,604,797 |
| 23 | $ 270,265 | $ 1,527,107 |
| 24 | $ 286,481 | $ 1,423,879 |
| 25 | $ 303,670 | $ 1,291,074 |
| 26 | $ 321,890 | $ 1,124,113 |
| 27 | $ 341,204 | $ 917,803 |
| 28 | $ 361,676 | $ 666,263 |
| 29 | $ 383,377 | $ 362,838 |
| 30 | $ 406,379 | SAVINGS FULLY SPENT |
Scenario 4:
Starting Savings Balance: $ 1,500,000 (Growing at 12% Per Year)
Annual Withdrawal: $100,000 (Growing at 12% Per Year)
Duration: 30 Years
Ending Savings Balance After 30 Years: $ 0
| Year | Annual Withdrawal | Savings Balance |
|---|
| 0 | | $ 1,500,000 |
| 1 | $ 100,000 | $ 1,488,816 |
| 2 | $ 106,000 | $ 1,471,874 |
| 3 | $ 112,360 | $ 1,536,139 |
| 4 | $ 119,102 | $ 1,601,374 |
| 5 | $ 126,248 | $ 1,667,291 |
| 6 | $ 133,823 | $ 1,733,543 |
| 7 | $ 141,852 | $ 1,799,716 |
| 8 | $ 150,363 | $ 1,865,319 |
| 9 | $ 159,385 | $ 1,929,773 |
| 10 | $ 168,948 | $ 1,992,398 |
| Year | Annual Withdrawal | Savings Balance |
|---|
| | | |
| 11 | $ 179,085 | $ 2,052,401 |
| 12 | $ 189,830 | $ 2,108,859 |
| 13 | $ 201,220 | $ 2,160,702 |
| 14 | $ 213,293 | $ 2,206,694 |
| 15 | $ 226,090 | $ 2,245,406 |
| 16 | $ 239,656 | $ 2,275,199 |
| 17 | $ 254,035 | $ 2,294,188 |
| 18 | $ 269,277 | $ 2,300,213 |
| 19 | $ 285,434 | $ 2,290,805 |
| 20 | $ 302,560 | $ 2,263,142 |
| Year | Annual Withdrawal | Savings Balance |
|---|
| | | |
| 21 | $ 320,714 | $ 2,214,005 |
| 22 | $ 339,956 | $ 2,139,729 |
| 23 | $ 360,354 | $ 2,036,143 |
| 24 | $ 381,975 | $ 1,898,505 |
| 25 | $ 404,893 | $ 1,721,433 |
| 26 | $ 429,187 | $ 1,498,817 |
| 27 | $ 454,938 | $ 1,223,737 |
| 28 | $ 482,235 | $ 888,351 |
| 29 | $ 511,169 | $ 483,784 |
| 30 | $ 541,839 | SAVINGS FULLY SPENT |
