Atmospheric drag is the most significant factor effecting the low Earth satellites under the altitude of 800 km Although the atmospheric density of the low Earth orbit is very low compared to that of the sea level, the accumulated effect of the atmospheric drag slowly lowers the satellite velocity at the perigee. Decrease in velocity at perigee directly causes decrease in altitude at apogee which changes the eccentricity of the orbit. The orbit finally reaches a circular orbit before reentering the Earth. This paper states the methods of calculating the atmospheric drag and the lifetime of the satellite. The lifetime of the kick motor and the satellites which will be used on KSLV-L are calculated by Satellite Tool Kit.