Can I retire at age 65 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$113,133$112,126$111,142$110,183$109,246$105,580
2 years$56,007$54,964$53,953$52,972$52,022$48,365
3 years$36,967$35,919$34,911$33,940$33,005$29,471
4 years$27,449$26,404$25,406$24,452$23,539$20,156
5 years$21,740$20,701$19,716$18,781$17,894$14,671
6 years$17,935$16,904$15,934$15,020$14,159$11,098
7 years$15,218$14,196$13,241$12,348$11,515$8,615
8 years$13,181$12,169$11,229$10,359$9,553$6,813
9 years$11,598$10,595$9,672$8,823$8,045$5,461
10 years$10,332$9,339$8,432$7,606$6,855$4,423
11 years$9,297$8,314$7,424$6,619$5,895$3,611
12 years$8,435$7,462$6,588$5,806$5,109$2,967
13 years$7,706$6,744$5,886$5,126$4,455$2,449
14 years$7,082$6,130$5,289$4,550$3,905$2,031
15 years$6,542$5,600$4,775$4,058$3,438$1,689
16 years$6,070$5,138$4,329$3,633$3,039$1,409
17 years$5,653$4,732$3,939$3,265$2,694$1,178
18 years$5,284$4,372$3,596$2,942$2,396$986
19 years$4,953$4,052$3,292$2,658$2,135$827
20 years$4,656$3,765$3,021$2,408$1,907$695
21 years$4,388$3,507$2,779$2,185$1,707$584
22 years$4,144$3,274$2,561$1,987$1,530$491
23 years$3,922$3,062$2,365$1,809$1,373$414
24 years$3,719$2,869$2,187$1,650$1,234$348
25 years$3,532$2,692$2,026$1,507$1,111$294
26 years$3,360$2,530$1,879$1,378$1,001$248
27 years$3,201$2,381$1,745$1,261$902$209
28 years$3,053$2,244$1,622$1,156$814$176
29 years$2,916$2,117$1,509$1,060$735$149
30 years$2,789$1,999$1,406$973$664$126
31 years$2,670$1,890$1,311$893$600$106
32 years$2,558$1,788$1,223$821$543$90
33 years$2,453$1,693$1,142$755$492$76
34 years$2,355$1,605$1,067$695$445$64
35 years$2,263$1,522$997$639$403$54
36 years$2,176$1,445$933$589$365$46
37 years$2,094$1,372$873$543$331$39
38 years$2,016$1,304$818$500$300$33
39 years$1,943$1,240$766$461$272$28
40 years$1,873$1,180$718$425$247$23
41 years$1,807$1,123$673$392$224$20
42 years$1,744$1,070$632$362$203$17
43 years$1,685$1,019$593$334$184$14
44 years$1,628$972$556$309$167$12
45 years$1,574$926$522$285$152$10
46 years$1,522$884$491$263$138$8
47 years$1,473$843$461$243$125$7
48 years$1,426$805$433$225$114$6
49 years$1,381$769$407$208$103$5
50 years$1,338$734$383$192$94$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,370,000, adding $4,250 every year, while hoping to spend $25,777 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: 79/7/14 Blend
64$1,370,000$1,370,000$1,370,000$1,370,000
65$1,514,124$1,441,514$1,420,279$1,629,128
66$1,641,138$1,484,722$1,440,432$1,748,614
67$1,780,244$1,529,182$1,460,396$1,875,946
68$1,932,647$1,574,931$1,480,137$2,014,920
69$2,099,676$1,622,002$1,499,621$2,166,690
70$2,282,794$1,670,431$1,518,809$2,332,525
71$2,483,612$1,720,255$1,537,662$2,513,826
72$2,703,904$1,771,511$1,556,138$2,712,135
73$2,945,626$1,824,239$1,574,192$2,929,149
74$3,210,930$1,878,476$1,591,778$3,166,740
75$3,502,188$1,934,265$1,608,845$3,426,967
76$3,822,011$1,991,644$1,625,342$3,712,101
77$4,173,279$2,050,658$1,641,214$4,024,642
78$4,559,161$2,111,347$1,656,402$4,367,345
79$4,983,150$2,173,757$1,670,845$4,743,245
80$5,449,092$2,237,932$1,684,480$5,155,685
81$5,961,227$2,303,918$1,697,237$5,608,349
82$6,524,224$2,371,762$1,709,046$6,105,295
83$7,143,227$2,441,511$1,719,832$6,650,995
84$7,823,905$2,513,214$1,729,515$7,250,376
85$8,572,503$2,586,921$1,738,013$7,908,865
86$9,395,900$2,662,682$1,745,239$8,632,445
87$10,301,677$2,740,548$1,751,099$9,427,705
88$11,298,186$2,820,573$1,755,499$10,301,906
89$12,394,630$2,902,810$1,758,338$11,263,049
90$13,601,148$2,987,314$1,759,508$12,319,950
91$14,928,912$3,074,140$1,758,899$13,482,324
92$16,390,233$3,163,344$1,756,393$14,760,874
93$17,998,673$3,254,984$1,751,869$16,167,396
94$19,769,178$3,349,119$1,745,197$17,714,887
95$21,718,216$3,445,807$1,736,242$19,417,667
96$23,863,932$3,545,110$1,724,864$21,291,518
97$26,226,320$3,647,087$1,710,914$23,353,830
98$28,827,412$3,751,802$1,694,238$25,623,766
99$31,691,485$3,859,318$1,674,672$28,122,441
100$34,845,290$3,969,697$1,652,046$30,873,125