How Long Can I Live Off Savings in the UK?
If you're asking how long your savings can support your lifestyle, focus on one number first: your net monthly burn.
The simple formula
Net monthly burn = monthly spending - monthly income
Months your savings can last = total savings / net monthly burn
Quick UK example
£60,000 savings with £2,200 monthly spending and £700 monthly income gives a £1,500 burn. That gives roughly 40 months, or about 3.3 years.
What to include in spending
- Housing costs (rent/mortgage, council tax, utilities)
- Food, transport, insurance and debt repayments
- Regular subscriptions and annual costs averaged monthly
For a fast estimate, use the calculator with your own numbers and review the result every few months.
Open savings calculator