Can I retire at age 65 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$111,482$110,489$109,520$108,574$107,651$105,564
2 years$55,189$54,161$53,165$52,199$51,262$49,168
3 years$36,427$35,395$34,401$33,445$32,523$30,487
4 years$27,048$26,019$25,035$24,095$23,196$21,233
5 years$21,422$20,399$19,428$18,507$17,633$15,750
6 years$17,673$16,657$15,701$14,800$13,952$12,151
7 years$14,996$13,989$13,048$12,168$11,347$9,628
8 years$12,989$11,991$11,065$10,208$9,413$7,775
9 years$11,429$10,440$9,531$8,695$7,927$6,370
10 years$10,181$9,203$8,309$7,495$6,755$5,276
11 years$9,161$8,193$7,315$6,523$5,809$4,408
12 years$8,312$7,353$6,492$5,721$5,034$3,708
13 years$7,594$6,645$5,800$5,051$4,390$3,137
14 years$6,979$6,040$5,211$4,484$3,848$2,666
15 years$6,446$5,518$4,705$3,999$3,388$2,274
16 years$5,981$5,063$4,266$3,580$2,994$1,946
17 years$5,571$4,662$3,882$3,217$2,655$1,670
18 years$5,206$4,308$3,544$2,899$2,361$1,436
19 years$4,881$3,993$3,244$2,620$2,104$1,237
20 years$4,588$3,710$2,977$2,373$1,880$1,068
21 years$4,324$3,456$2,738$2,153$1,682$923
22 years$4,084$3,226$2,524$1,958$1,508$798
23 years$3,865$3,017$2,330$1,783$1,353$692
24 years$3,665$2,827$2,155$1,626$1,216$599
25 years$3,481$2,653$1,996$1,485$1,095$520
26 years$3,311$2,493$1,851$1,358$986$451
27 years$3,154$2,347$1,719$1,243$889$392
28 years$3,009$2,211$1,598$1,139$802$341
29 years$2,874$2,086$1,487$1,044$724$296
30 years$2,748$1,970$1,385$958$654$258
31 years$2,631$1,862$1,291$880$592$224
32 years$2,521$1,762$1,205$809$535$195
33 years$2,418$1,669$1,125$744$484$170
34 years$2,321$1,582$1,051$684$439$148
35 years$2,230$1,500$983$630$397$129
36 years$2,144$1,424$919$580$360$112
37 years$2,063$1,352$861$535$326$98
38 years$1,987$1,285$806$493$296$85
39 years$1,914$1,222$755$454$268$74
40 years$1,846$1,163$708$419$243$65
41 years$1,781$1,107$664$387$221$56
42 years$1,719$1,054$622$357$200$49
43 years$1,660$1,004$584$329$182$43
44 years$1,604$957$548$304$165$37
45 years$1,551$913$515$281$150$32
46 years$1,500$871$484$259$136$28
47 years$1,451$831$454$240$123$25
48 years$1,405$793$427$222$112$21
49 years$1,361$758$401$205$102$19
50 years$1,318$724$377$189$92$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,350,000, adding $6,608 every year, while hoping to spend $39,926 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: 36/39/25 Blend
64$1,350,000$1,350,000$1,350,000$1,350,000
65$1,494,516$1,422,966$1,402,041$1,536,869
66$1,604,476$1,450,211$1,406,529$1,595,963
67$1,724,313$1,477,452$1,409,828$1,655,588
68$1,854,994$1,504,647$1,411,858$1,719,170
69$1,997,580$1,531,752$1,412,532$1,787,091
70$2,153,241$1,558,716$1,411,760$1,859,771
71$2,323,265$1,585,486$1,409,447$1,937,675
72$2,509,069$1,612,006$1,405,494$2,021,316
73$2,712,213$1,638,213$1,399,797$2,111,260
74$2,934,415$1,664,042$1,392,247$2,208,135
75$3,177,566$1,689,421$1,382,728$2,312,631
76$3,443,750$1,714,275$1,371,122$2,425,515
77$3,735,261$1,738,522$1,357,302$2,547,629
78$4,054,622$1,762,075$1,341,137$2,679,906
79$4,404,618$1,784,840$1,322,489$2,823,376
80$4,788,310$1,806,719$1,301,214$2,979,177
81$5,209,073$1,827,603$1,277,160$3,148,564
82$5,670,623$1,847,381$1,250,169$3,332,924
83$6,177,053$1,865,929$1,220,077$3,533,789
84$6,732,872$1,883,119$1,186,709$3,752,851
85$7,343,046$1,898,813$1,149,885$3,991,975
86$8,013,046$1,912,864$1,109,414$4,253,224
87$8,748,897$1,925,114$1,065,100$4,538,873
88$9,557,239$1,935,399$1,016,735$4,851,434
89$10,445,383$1,943,540$964,102$5,193,680
90$11,421,388$1,949,349$906,975$5,568,673
91$12,494,129$1,952,626$845,118$5,979,789
92$13,673,383$1,953,158$778,282$6,430,758
93$14,969,924$1,950,719$706,211$6,925,695
94$16,395,621$1,945,068$628,634$7,469,141
95$17,963,550$1,935,952$545,268$8,066,105
96$19,688,118$1,923,100$455,821$8,722,118
97$21,585,199$1,906,225$359,984$9,443,281
98$23,672,283$1,885,024$257,437$10,236,324
99$25,968,639$1,859,173$147,845$11,108,674
100$28,495,499$1,828,332$30,857$12,068,525