How long will my money last in retirement?

[Lily]

I’m trying to calculate how long will my money last in retirement. What factors affect retirement savings longevity? Are there tools to help estimate retirement income accurately?

 

[Aurora]

How long your money will last in retirement depends on factors like your savings, monthly expenses, investment returns, inflation, and lifestyle. A common rule is the 4% rule, which suggests your savings may last about 30 years if you withdraw 4% annually, but careful planning and budgeting can help your money last longer.

 

[Elisa]

How long your money lasts in retirement depends on your savings, spending, investment returns, inflation, and retirement age. A common rule is the 4% rule, which suggests savings may last about 30 years with careful spending.

 

[LiamOliver]

The rate of spending, the return on investment investment, the inflation, your lifestyle, and the cost of healthcare is important in determining the longevity of your retirement-saving-pocket-planning with a financial advisor is one of the ways to predict your sustainability.