In plastic working, as working becomes speedy, automatic and working condition deteriorates, the increase of forging working has been remarkable. Therefore, we need the estimation of mold lift in detail, in order to counterplan of effective mold life extension. In this study, on the SKH51, mold steel which is forged by cold working and the KCW1, tool steel of low alloy, we estimated mold life on the base of FEM analysis and investigated mold lift by low cycle fatigue test. Also, this paper suggested a new method of estimation of mold lift.