Can I retire at age 65 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$104,875$103,941$103,030$102,140$101,272$100,381
2 years$51,919$50,952$50,014$49,106$48,225$47,327
3 years$34,269$33,297$32,363$31,463$30,596$29,719
4 years$25,445$24,477$23,552$22,667$21,821$20,972
5 years$20,153$19,190$18,277$17,410$16,588$15,770
6 years$16,625$15,670$14,771$13,923$13,126$12,338
7 years$14,107$13,160$12,274$11,447$10,675$9,919
8 years$12,219$11,281$10,410$9,603$8,856$8,132
9 years$10,751$9,822$8,966$8,179$7,458$6,765
10 years$9,578$8,657$7,817$7,051$6,354$5,693
11 years$8,618$7,707$6,882$6,136$5,465$4,834
12 years$7,819$6,918$6,107$5,382$4,736$4,134
13 years$7,144$6,251$5,456$4,752$4,130$3,557
14 years$6,565$5,682$4,903$4,218$3,620$3,076
15 years$6,064$5,191$4,426$3,762$3,187$2,671
16 years$5,627$4,763$4,013$3,368$2,817$2,327
17 years$5,241$4,386$3,652$3,026$2,498$2,034
18 years$4,898$4,053$3,334$2,727$2,221$1,782
19 years$4,592$3,756$3,052$2,464$1,980$1,565
20 years$4,316$3,491$2,801$2,232$1,768$1,377
21 years$4,068$3,251$2,576$2,026$1,582$1,214
22 years$3,842$3,035$2,374$1,842$1,418$1,071
23 years$3,636$2,839$2,192$1,677$1,273$946
24 years$3,447$2,660$2,028$1,530$1,144$837
25 years$3,274$2,496$1,878$1,397$1,030$741
26 years$3,115$2,346$1,742$1,277$928$657
27 years$2,967$2,208$1,617$1,169$836$583
28 years$2,831$2,080$1,503$1,071$755$517
29 years$2,704$1,962$1,399$982$681$459
30 years$2,585$1,853$1,303$902$616$408
31 years$2,475$1,752$1,215$828$557$363
32 years$2,371$1,658$1,134$761$503$322
33 years$2,274$1,570$1,058$700$456$287
34 years$2,183$1,488$989$644$413$255
35 years$2,098$1,411$925$593$374$227
36 years$2,017$1,339$865$546$339$202
37 years$1,941$1,272$810$503$307$180
38 years$1,869$1,209$758$464$278$160
39 years$1,801$1,150$710$427$252$143
40 years$1,736$1,094$666$394$229$127
41 years$1,675$1,041$624$364$208$113
42 years$1,617$992$586$336$188$101
43 years$1,562$945$549$310$171$90
44 years$1,509$901$516$286$155$80
45 years$1,459$859$484$264$141$72
46 years$1,411$819$455$244$128$64
47 years$1,365$782$427$226$116$57
48 years$1,322$746$402$208$105$51
49 years$1,280$713$377$193$96$45
50 years$1,240$681$355$178$87$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,270,000, adding $4,337 every year, while hoping to spend $30,269 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: 40/34/26 Blend
64$1,270,000$1,270,000$1,270,000$1,270,000
65$1,404,014$1,336,704$1,317,019$1,449,238
66$1,515,017$1,369,996$1,328,933$1,515,671
67$1,636,328$1,403,905$1,340,232$1,584,342
68$1,768,967$1,438,430$1,350,862$1,658,049
69$1,914,055$1,473,567$1,360,770$1,737,269
70$2,072,829$1,509,312$1,369,896$1,822,531
71$2,246,649$1,545,660$1,378,179$1,914,417
72$2,437,015$1,582,604$1,385,555$2,013,567
73$2,645,575$1,620,137$1,391,957$2,120,688
74$2,874,149$1,658,248$1,397,312$2,236,559
75$3,124,736$1,696,927$1,401,546$2,362,037
76$3,399,543$1,736,160$1,404,582$2,498,068
77$3,700,996$1,775,932$1,406,335$2,645,697
78$4,031,771$1,816,225$1,406,720$2,806,071
79$4,394,813$1,857,022$1,405,647$2,980,459
80$4,793,367$1,898,299$1,403,019$3,170,258
81$5,231,007$1,940,032$1,398,737$3,377,008
82$5,711,671$1,982,195$1,392,696$3,602,406
83$6,239,697$2,024,758$1,384,786$3,848,325
84$6,819,862$2,067,687$1,374,893$4,116,828
85$7,457,431$2,110,947$1,362,895$4,410,191
86$8,158,204$2,154,498$1,348,667$4,730,922
87$8,928,569$2,198,297$1,332,075$5,081,787
88$9,775,565$2,242,295$1,312,982$5,465,834
89$10,706,948$2,286,443$1,291,242$5,886,424
90$11,731,262$2,330,684$1,266,704$6,347,264
91$12,857,920$2,374,957$1,239,208$6,852,438
92$14,097,294$2,419,196$1,208,588$7,406,450
93$15,460,812$2,463,331$1,174,670$8,014,267
94$16,961,066$2,507,285$1,137,272$8,681,361
95$18,611,928$2,550,975$1,096,203$9,413,768
96$20,428,683$2,594,312$1,051,265$10,218,140
97$22,428,176$2,637,200$1,002,250$11,101,812
98$24,628,964$2,679,537$948,939$12,072,869
99$27,051,494$2,721,210$891,105$13,140,225
100$29,718,300$2,762,103$828,510$14,313,705