How Long Money Will Last Calculator

This Calculator will tell you that for how long an amount will last if you withdraw some amount out of it on yearly basis for your monthly expenses, considering some inflation, return on investment. For example , if a person has accumulated Rs 50 lacs, and he wants to put it in Fixed Deposits earning him 8% interest. Now if he wants his family expenses is Rs 15,000 per month , which should increase each year with inflation of 6%, this tool will tell him that the money will last for 38 yrs approx. The Amount has to be withdrawn on yearly basis.

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{ 52 comments… read them below or add one }

Raghavendra November 25, 2012 at 1:23 pm

Very useful details

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Jagoinvestor Wealth Club Support November 25, 2012 at 1:27 pm

Thanks for your appreciation !

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J S Panesar December 1, 2012 at 5:55 pm

It makes Life That Much Simpler

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Jagoinvestor Wealth Club Support December 1, 2012 at 6:41 pm

Thanks JS Panesar ! .. Glad to know you liked it, what do you think about other tools and audio/videos . Dont you think you need most of them ?

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ishwar bhute December 5, 2012 at 6:58 pm

thank for u

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Jagoinvestor Wealth Club Support December 6, 2012 at 7:44 am

Welcome 🙂

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manoj parida December 7, 2012 at 10:42 pm

This is really useful.

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manoj parida December 7, 2012 at 10:43 pm

I like this much.

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Chetan Ambi December 12, 2012 at 7:46 pm

Really nice Manish.. I love it 🙂

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Jagoinvestor Wealth Club Support December 13, 2012 at 9:07 am

Thanks Chetan !

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Anupama December 20, 2012 at 2:16 pm

This is awesome! Well done! It gives the exact picture of how much moeny we can use and how long will it stay.

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Jagoinvestor Wealth Club Support January 23, 2013 at 8:46 am

Thanks Anupama !

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sharanagoudak December 21, 2012 at 1:16 pm

hi sir
how to calculate percentage in excel

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Ajay Kapoor January 5, 2013 at 2:38 pm

Divide the Number by 100 in exce to calculate %

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amol chougule January 14, 2013 at 9:19 am

This is very useful templet.

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Nandish Desai January 15, 2013 at 11:56 am

Thanks for let us know it is useful to you

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ashok January 17, 2013 at 4:56 pm

thanks

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SVS MURTHY January 19, 2013 at 5:19 pm

Thank you very much for such a wonderful wealth GEETA and the movie Idiot sent a link by you is awesome. Thank you once again.

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Jagoinvestor Wealth Club Support January 23, 2013 at 8:45 am

Thanks for your appreciaiton !

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Imteyaz January 31, 2013 at 1:58 pm

Really an eye opener…..! Most of the time we never consider the inflation… which is eating out of investment.
Thanks for this amazing calculator. Do you have some similar calculator sort of thing for balancing investment..which shows how and where (PPF/FD/MF/Stocks..etc..) to invest for maximizing the yield…?

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Jagoinvestor Wealth Club Support April 29, 2013 at 8:15 am

Hi Imteyaz

Thanks for appreciaiton . We might bring those kind of calulcators in future .

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govind February 1, 2013 at 6:44 pm

terrifying results. The rate at which the inflation is rising and rate of interest on FD is decreasing

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Jagoinvestor Wealth Club Support April 29, 2013 at 8:16 am

Thanks for pointing that Govind 🙂

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Krishna m February 8, 2013 at 8:23 pm

Very good. Exellent Eye opener information!

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Nitin Prabhu February 16, 2013 at 9:29 pm

Very useful..Thanks!

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deepa March 2, 2013 at 3:56 pm

very nice calculation really helpful , now a days an approx time interval after retirement should be around 25 yrs so serves decent

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SURESH WANCHOO March 4, 2013 at 12:47 pm

I LIKE THIS, AS THIS IS VERY HEALPFULL.

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umesh raghvani March 9, 2013 at 4:06 pm

i like this, as this is very really help full

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Sudhanshu May 7, 2013 at 4:30 pm

hi, This is helpful concept for me

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Nandish Desai May 15, 2013 at 4:50 pm

good to know the content is useful to you

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arun Verm June 8, 2013 at 7:14 pm

HI SIR
WHICH FUND IS BETTER FOR ME LIKE MIP OR FMP FUND OR BANK FD

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Nandish Desai June 10, 2013 at 9:42 am

Arun,

If you need professional help hire a planner or go to some advisor who can help you pick right products

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vijayakumar June 24, 2013 at 12:00 pm

Sir, Iam 55 and my wife 52.I am retiring from kerala govt service and I myself and for my wife we are planning to get some heath insurance coverage for medicines and hospital expenses including admission,kindly suggest me the easy to deal fast/prompt settlements companies for long term coverage

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babu June 27, 2013 at 2:27 pm

this is very useful for my carrier

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babu June 27, 2013 at 2:28 pm

this is very very useful to my buissness

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A.Ganapathy July 16, 2013 at 11:52 am

Very very useful

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Dr Subhas Chandra Sarkar July 24, 2013 at 8:26 pm

Very very useful. Subhas Sarkar.

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arun July 27, 2013 at 2:47 pm

its useful foe everyone thanks

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vikram August 3, 2013 at 7:40 pm

hi sir i am vikram bhagat from nagpur & i groth my business

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suresh iyer August 14, 2013 at 2:41 pm

Sir,
could you please clarify the following.

i had brought a house under construction and was given possession in dec 2010.the builder had taken two years maintainence charges (which i thought was the maintainence charges from dec 2010 to dec 2012). However now the society says that the builder has told them that the miantainence charges collected by the builder was for two years from the date of OC (april 2010) and hence the maintainence collected is only upto april 2012 and the society is asking me to pay maintainence from aapril 2012 to dec 2012. Please advice whether this right. how can the builder charge maintainence from april 2010 when he has given me possession only in dec 2010.

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Ashok Shah August 15, 2013 at 10:40 pm

The illustration is given for the wealth of Rs… 50.00 Lacs.How it works for, say for 25.00 lacs,or for that matter any X amount????

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Kuntilla Balaraju November 15, 2013 at 4:26 pm

I want to know more about the reason why “How long the money will last” curve is parabolic and crashes rather steeply after a steady growth.

Was it because, the income is constant and the expenditure is growing all the time?

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Jagoinvestor Wealth Club Support November 16, 2013 at 10:27 am

Hi Kuntila, thats someone a mathematician can answer, we are ourselves clueless on this 🙂

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Swaroop December 6, 2013 at 11:39 pm

Nice one:)

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INDRAJEET V Mahadar December 10, 2013 at 10:52 am

Thanks jagoinvestor..

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Sunil December 22, 2013 at 10:30 pm

It’s really fantastic. From long time, I was thinking to how to calculate the same including Inflation to figure out the amount of corpus that I should generate for my future expenses. Thank you very much.

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Durga Diwakar January 14, 2014 at 8:29 am

Eye opener……

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krishan lal January 14, 2014 at 12:42 pm

It is very useful for everyone, specially financial advisor

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Atul Saoji April 28, 2014 at 11:47 pm

It is perhaps the best tool in hand to educate and guide in Life.It is most useful for all specially financial advisors. future get secured and safe.

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Jagoinvestor Wealth Club Support May 4, 2014 at 11:44 am

Thanks Atul

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rsn prasanna April 30, 2014 at 12:15 am

good articles which helps/ teaches why you save, if don’t, save, what is going to happen.
prasanna rsn

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Jagoinvestor Wealth Club Support May 4, 2014 at 11:44 am

Thanks

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