Can I retire at age 65 with 1,250,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$103,224$102,304$101,407$100,532$99,677$96,409
2 years$51,101$50,149$49,227$48,333$47,465$44,204
3 years$33,729$32,773$31,853$30,967$30,114$26,962
4 years$25,045$24,092$23,181$22,310$21,477$18,459
5 years$19,835$18,888$17,989$17,136$16,327$13,449
6 years$16,364$15,424$14,538$13,704$12,919$10,185
7 years$13,885$12,953$12,081$11,267$10,506$7,916
8 years$12,027$11,103$10,246$9,451$8,716$6,267
9 years$10,582$9,667$8,825$8,051$7,340$5,030
10 years$9,427$8,521$7,694$6,940$6,254$4,079
11 years$8,483$7,586$6,773$6,040$5,379$3,334
12 years$7,696$6,809$6,011$5,298$4,661$2,743
13 years$7,031$6,153$5,371$4,677$4,065$2,268
14 years$6,462$5,593$4,825$4,152$3,563$1,883
15 years$5,969$5,109$4,357$3,703$3,137$1,568
16 years$5,538$4,688$3,950$3,315$2,773$1,310
17 years$5,158$4,317$3,594$2,979$2,458$1,097
18 years$4,821$3,989$3,281$2,684$2,186$920
19 years$4,519$3,697$3,004$2,426$1,948$772
20 years$4,248$3,436$2,757$2,197$1,740$650
21 years$4,004$3,200$2,536$1,994$1,557$547
22 years$3,781$2,987$2,337$1,813$1,396$461
23 years$3,579$2,794$2,158$1,651$1,253$389
24 years$3,393$2,618$1,996$1,506$1,126$328
25 years$3,223$2,457$1,848$1,375$1,014$277
26 years$3,066$2,309$1,714$1,257$913$234
27 years$2,921$2,173$1,592$1,151$823$198
28 years$2,786$2,047$1,480$1,054$743$167
29 years$2,661$1,931$1,377$967$671$141
30 years$2,544$1,824$1,283$887$606$119
31 years$2,436$1,724$1,196$815$548$101
32 years$2,334$1,632$1,116$749$496$85
33 years$2,239$1,545$1,042$689$448$72
34 years$2,149$1,464$973$634$406$61
35 years$2,065$1,389$910$583$368$52
36 years$1,985$1,318$851$537$333$44
37 years$1,910$1,252$797$495$302$37
38 years$1,840$1,190$746$456$274$31
39 years$1,772$1,132$699$421$248$27
40 years$1,709$1,077$655$388$225$23
41 years$1,649$1,025$614$358$204$19
42 years$1,591$976$576$330$185$16
43 years$1,537$930$541$305$168$14
44 years$1,485$886$508$282$153$12
45 years$1,436$845$477$260$139$10
46 years$1,389$806$448$240$126$8
47 years$1,344$770$421$222$114$7
48 years$1,301$735$395$205$104$6
49 years$1,260$702$372$190$94$5
50 years$1,220$670$349$175$86$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,250,000, adding $4,541 every year, while hoping to spend $20,940 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: 47/33/20 Blend
64$1,250,000$1,250,000$1,250,000$1,250,000
65$1,382,184$1,315,934$1,296,559$1,439,092
66$1,500,887$1,358,135$1,317,714$1,521,464
67$1,630,995$1,401,702$1,338,875$1,608,358
68$1,773,651$1,446,679$1,360,022$1,702,237
69$1,930,111$1,493,114$1,381,130$1,803,764
70$2,101,760$1,541,054$1,402,175$1,913,668
71$2,290,122$1,590,548$1,423,131$2,032,749
72$2,496,878$1,641,648$1,443,969$2,161,891
73$2,723,877$1,694,407$1,464,660$2,302,063
74$2,973,158$1,748,879$1,485,172$2,454,334
75$3,246,967$1,805,120$1,505,472$2,619,879
76$3,547,776$1,863,190$1,525,523$2,799,993
77$3,878,311$1,923,148$1,545,290$2,996,099
78$4,241,573$1,985,056$1,564,732$3,209,766
79$4,640,870$2,048,980$1,583,806$3,442,722
80$5,079,844$2,114,986$1,602,470$3,696,865
81$5,562,511$2,183,143$1,620,675$3,974,291
82$6,093,292$2,253,522$1,638,373$4,277,304
83$6,677,060$2,326,197$1,655,510$4,608,443
84$7,319,183$2,401,243$1,672,033$4,970,503
85$8,025,577$2,478,741$1,687,883$5,366,562
86$8,802,757$2,558,771$1,702,998$5,800,013
87$9,657,904$2,641,417$1,717,315$6,274,589
88$10,598,931$2,726,767$1,730,765$6,794,406
89$11,634,554$2,814,910$1,743,278$7,363,993
90$12,774,378$2,905,940$1,754,777$7,988,344
91$14,028,987$2,999,954$1,765,184$8,672,957
92$15,410,042$3,097,050$1,774,416$9,423,888
93$16,930,392$3,197,331$1,782,386$10,247,812
94$18,604,197$3,300,906$1,789,001$11,152,079
95$20,447,058$3,407,883$1,794,165$12,144,788
96$22,476,165$3,518,376$1,797,777$13,234,862
97$24,710,462$3,632,504$1,799,730$14,432,131
98$27,170,821$3,750,389$1,799,913$15,747,426
99$29,880,244$3,872,157$1,798,209$17,192,678
100$32,864,075$3,997,939$1,794,495$18,781,036