Can I retire at age 65 with 1,360,000?

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$112,308$111,307$110,331$109,379$108,448$105,357
2 years$55,598$54,562$53,559$52,586$51,642$48,552
3 years$36,697$35,657$34,656$33,692$32,764$29,771
4 years$27,248$26,212$25,221$24,273$23,367$20,495
5 years$21,581$20,550$19,572$18,644$17,764$15,020
6 years$17,804$16,781$15,817$14,910$14,056$11,443
7 years$15,107$14,093$13,144$12,258$11,431$8,950
8 years$13,085$12,080$11,147$10,283$9,483$7,132
9 years$11,513$10,518$9,601$8,759$7,986$5,762
10 years$10,257$9,271$8,371$7,550$6,805$4,705
11 years$9,229$8,253$7,369$6,571$5,852$3,873
12 years$8,374$7,408$6,540$5,764$5,071$3,210
13 years$7,650$6,694$5,843$5,088$4,422$2,674
14 years$7,031$6,085$5,250$4,517$3,877$2,237
15 years$6,494$5,559$4,740$4,028$3,413$1,878
16 years$6,025$5,100$4,298$3,607$3,017$1,581
17 years$5,612$4,697$3,911$3,241$2,675$1,334
18 years$5,245$4,340$3,570$2,921$2,378$1,128
19 years$4,917$4,022$3,268$2,639$2,120$955
20 years$4,622$3,738$2,999$2,390$1,893$810
21 years$4,356$3,482$2,759$2,169$1,694$688
22 years$4,114$3,250$2,543$1,972$1,519$585
23 years$3,893$3,040$2,348$1,796$1,363$497
24 years$3,692$2,848$2,171$1,638$1,225$423
25 years$3,506$2,673$2,011$1,496$1,103$361
26 years$3,335$2,512$1,865$1,368$993$307
27 years$3,178$2,364$1,732$1,252$896$262
28 years$3,031$2,228$1,610$1,147$808$224
29 years$2,895$2,101$1,498$1,052$730$191
30 years$2,768$1,985$1,396$966$659$163
31 years$2,650$1,876$1,301$887$596$139
32 years$2,539$1,775$1,214$815$539$119
33 years$2,436$1,681$1,133$749$488$101
34 years$2,338$1,593$1,059$690$442$86
35 years$2,246$1,511$990$635$400$74
36 years$2,160$1,434$926$585$363$63
37 years$2,078$1,362$867$539$329$54
38 years$2,001$1,295$812$496$298$46
39 years$1,928$1,231$761$458$270$39
40 years$1,859$1,171$713$422$245$34
41 years$1,794$1,115$668$390$222$29
42 years$1,731$1,062$627$360$202$25
43 years$1,672$1,012$588$332$183$21
44 years$1,616$964$552$306$166$18
45 years$1,562$920$519$283$151$15
46 years$1,511$877$487$261$137$13
47 years$1,462$837$458$242$124$11
48 years$1,415$799$430$223$113$10
49 years$1,371$763$404$206$103$8
50 years$1,328$729$380$191$93$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,360,000, adding $5,836 every year, while hoping to spend $49,781 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: 45/40/15 Blend
64$1,360,000$1,360,000$1,360,000$1,360,000
65$1,504,740$1,432,660$1,411,580$1,565,750
66$1,605,257$1,449,894$1,405,901$1,626,107
67$1,714,358$1,466,303$1,398,364$1,686,045
68$1,832,866$1,481,796$1,388,853$1,749,961
69$1,961,687$1,496,273$1,377,248$1,818,244
70$2,101,817$1,509,628$1,363,424$1,891,325
71$2,254,351$1,521,748$1,347,247$1,969,677
72$2,420,496$1,532,515$1,328,580$2,053,829
73$2,601,577$1,541,799$1,307,279$2,144,363
74$2,799,055$1,549,464$1,283,190$2,241,921
75$3,014,539$1,555,368$1,256,157$2,347,216
76$3,249,795$1,559,355$1,226,012$2,461,035
77$3,506,773$1,561,262$1,192,582$2,584,248
78$3,787,616$1,560,915$1,155,685$2,717,819
79$4,094,684$1,558,132$1,115,132$2,862,810
80$4,430,576$1,552,714$1,070,723$3,020,397
81$4,798,154$1,544,456$1,022,251$3,191,881
82$5,200,567$1,533,136$969,498$3,378,697
83$5,641,287$1,518,521$912,238$3,582,434
84$6,124,133$1,500,364$850,233$3,804,845
85$6,653,313$1,478,400$783,234$4,047,869
86$7,233,462$1,452,353$710,984$4,313,647
87$7,869,684$1,421,927$633,211$4,604,545
88$8,567,600$1,386,810$549,632$4,923,176
89$9,333,404$1,346,672$459,952$5,272,426
90$10,173,914$1,301,162$363,864$5,655,482
91$11,096,643$1,249,909$261,044$6,075,867
92$12,109,869$1,192,523$151,157$6,537,466
93$13,222,707$1,128,587$33,852$7,044,573
94$14,445,199$1,057,665$0$7,601,928
95$15,788,410$979,290$0$8,229,381
96$17,264,527$892,975$0$8,924,823
97$18,886,977$798,199$0$9,689,270
98$20,670,553$694,416$0$10,529,830
99$22,631,554$581,046$0$11,454,339
100$24,787,933$457,478$0$12,471,446