Can I retire at age 47 with 1,800,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$148,642$147,318$146,027$144,766$143,535$139,107
2 years$73,585$72,215$70,887$69,599$68,350$63,928
3 years$48,570$47,193$45,868$44,593$43,364$39,086
4 years$36,064$34,692$33,380$32,127$30,928$26,827
5 years$28,563$27,199$25,905$24,676$23,511$19,598
6 years$23,564$22,210$20,935$19,734$18,603$14,882
7 years$19,994$18,652$17,397$16,224$15,129$11,600
8 years$17,318$15,988$14,754$13,610$12,551$9,211
9 years$15,238$13,921$12,708$11,593$10,570$7,415
10 years$13,575$12,270$11,079$9,993$9,006$6,032
11 years$12,215$10,924$9,754$8,697$7,746$4,947
12 years$11,083$9,804$8,656$7,628$6,712$4,083
13 years$10,125$8,860$7,734$6,735$5,853$3,387
14 years$9,305$8,054$6,949$5,978$5,131$2,822
15 years$8,595$7,357$6,274$5,332$4,518$2,359
16 years$7,975$6,750$5,688$4,774$3,993$1,977
17 years$7,428$6,217$5,176$4,289$3,540$1,661
18 years$6,942$5,744$4,725$3,866$3,148$1,398
19 years$6,508$5,324$4,325$3,493$2,806$1,179
20 years$6,118$4,947$3,970$3,163$2,506$995
21 years$5,765$4,608$3,651$2,871$2,243$841
22 years$5,445$4,302$3,365$2,610$2,010$712
23 years$5,153$4,023$3,107$2,377$1,804$603
24 years$4,886$3,769$2,874$2,168$1,622$511
25 years$4,641$3,537$2,662$1,980$1,459$433
26 years$4,415$3,325$2,468$1,811$1,315$367
27 years$4,206$3,129$2,292$1,657$1,185$311
28 years$4,012$2,948$2,131$1,518$1,069$264
29 years$3,832$2,781$1,983$1,392$966$224
30 years$3,664$2,627$1,847$1,278$873$191
31 years$3,507$2,483$1,722$1,174$789$162
32 years$3,361$2,350$1,607$1,079$714$137
33 years$3,224$2,225$1,500$992$646$117
34 years$3,095$2,109$1,402$913$585$99
35 years$2,973$2,000$1,310$840$530$84
36 years$2,859$1,898$1,226$774$480$72
37 years$2,751$1,803$1,147$713$435$61
38 years$2,649$1,714$1,074$657$394$52
39 years$2,552$1,629$1,007$606$358$44
40 years$2,461$1,550$944$559$324$37
41 years$2,374$1,476$885$516$294$32
42 years$2,292$1,405$830$476$267$27
43 years$2,213$1,339$779$439$242$23
44 years$2,139$1,276$731$406$220$20
45 years$2,068$1,217$686$375$200$17
46 years$2,000$1,161$645$346$181$14
47 years$1,935$1,108$606$320$165$12
48 years$1,873$1,058$569$295$149$10
49 years$1,814$1,010$535$273$136$9
50 years$1,757$965$503$252$123$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 47 starting with $1,800,000, adding $3,530 every year, while hoping to spend $58,627 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 57/25/18 Blend
46$1,800,000$1,800,000$1,800,000$1,800,000
47$1,987,241$1,891,841$1,863,941$2,090,872
48$2,127,561$1,922,163$1,864,005$2,192,021
49$2,280,229$1,952,005$1,862,105$2,295,541
50$2,446,442$1,981,283$1,858,115$2,407,037
51$2,627,518$2,009,905$1,851,901$2,527,287
52$2,824,907$2,037,772$1,843,322$2,657,153
53$3,040,205$2,064,781$1,832,231$2,797,580
54$3,275,170$2,090,819$1,818,474$2,949,615
55$3,531,733$2,115,766$1,801,890$3,114,411
56$3,812,025$2,139,493$1,782,308$3,293,240
57$4,118,389$2,161,866$1,759,553$3,487,506
58$4,453,404$2,182,736$1,733,437$3,698,756
59$4,819,911$2,201,950$1,703,767$3,928,698
60$5,221,039$2,219,342$1,670,340$4,179,215
61$5,660,230$2,234,735$1,632,941$4,452,386
62$6,141,278$2,247,942$1,591,350$4,750,503
63$6,668,359$2,258,762$1,545,331$5,076,092
64$7,246,075$2,266,984$1,494,642$5,431,944
65$7,879,489$2,272,381$1,439,028$5,821,133
66$8,574,183$2,274,714$1,378,221$6,247,053
67$9,336,302$2,273,727$1,311,944$6,713,444
68$10,172,615$2,269,150$1,239,904$7,224,434
69$11,090,578$2,260,694$1,161,797$7,784,575
70$12,098,404$2,248,056$1,077,304$8,398,886
71$13,205,141$2,230,911$986,094$9,072,905
72$14,420,756$2,208,915$887,818$9,812,737
73$15,756,226$2,181,706$782,114$10,625,116
74$17,223,649$2,148,897$668,602$11,517,468
75$18,836,347$2,110,079$546,886$12,497,982
76$20,609,001$2,064,819$416,554$13,575,688
77$22,557,784$2,012,660$277,172$14,760,546
78$24,700,511$1,953,114$128,292$16,063,536
79$27,056,815$1,885,668$0$17,496,767
80$29,648,323$1,809,779$0$19,079,466
81$32,498,864$1,724,869$0$20,847,156
82$35,634,691$1,630,331$0$22,791,503
83$39,084,733$1,525,521$0$24,930,507
84$42,880,861$1,409,757$0$27,284,011
85$47,058,193$1,282,319$0$29,873,881
86$51,655,423$1,142,446$0$32,724,225
87$56,715,184$989,335$0$35,861,610
88$62,284,455$822,134$0$39,315,322
89$68,414,998$639,947$0$43,117,638
90$75,163,848$441,825$0$47,304,135
91$82,593,853$226,767$0$51,914,027
92$90,774,261$0$0$56,990,533
93$99,781,380$0$0$62,583,021
94$109,699,292$0$0$68,809,908
95$120,620,648$0$0$75,667,005
96$132,647,540$0$0$83,218,439
97$145,892,469$0$0$91,534,870
98$160,479,399$0$0$100,694,165
99$176,544,931$0$0$110,782,123
100$194,239,592$0$0$121,893,294