Can I retire at age 65 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$116,436$115,399$114,387$113,400$112,435$109,318
2 years$57,642$56,568$55,528$54,519$53,541$50,424
3 years$38,046$36,968$35,930$34,931$33,968$30,949
4 years$28,250$27,175$26,148$25,166$24,227$21,328
5 years$22,374$21,306$20,292$19,330$18,417$15,647
6 years$18,458$17,398$16,399$15,458$14,572$11,934
7 years$15,662$14,611$13,628$12,709$11,851$9,344
8 years$13,566$12,524$11,557$10,661$9,832$7,454
9 years$11,937$10,904$9,954$9,081$8,280$6,030
10 years$10,634$9,612$8,678$7,828$7,055$4,930
11 years$9,569$8,557$7,640$6,813$6,067$4,064
12 years$8,681$7,680$6,781$5,976$5,258$3,372
13 years$7,931$6,941$6,058$5,276$4,585$2,813
14 years$7,289$6,309$5,443$4,683$4,019$2,356
15 years$6,733$5,763$4,914$4,176$3,539$1,981
16 years$6,247$5,288$4,456$3,740$3,128$1,670
17 years$5,818$4,870$4,054$3,360$2,773$1,411
18 years$5,438$4,500$3,701$3,028$2,466$1,195
19 years$5,098$4,170$3,388$2,736$2,198$1,014
20 years$4,792$3,875$3,110$2,478$1,963$861
21 years$4,516$3,610$2,860$2,249$1,757$732
22 years$4,265$3,370$2,636$2,045$1,575$623
23 years$4,037$3,151$2,434$1,862$1,414$531
24 years$3,827$2,953$2,251$1,698$1,270$453
25 years$3,635$2,771$2,085$1,551$1,143$386
26 years$3,458$2,604$1,934$1,418$1,030$330
27 years$3,294$2,451$1,796$1,298$928$282
28 years$3,143$2,309$1,669$1,189$838$241
29 years$3,002$2,179$1,553$1,091$756$206
30 years$2,870$2,058$1,447$1,001$684$176
31 years$2,747$1,945$1,349$919$618$150
32 years$2,633$1,840$1,259$845$559$128
33 years$2,525$1,743$1,175$777$506$110
34 years$2,424$1,652$1,098$715$458$94
35 years$2,329$1,567$1,026$658$415$80
36 years$2,239$1,487$960$606$376$69
37 years$2,155$1,412$899$558$341$59
38 years$2,075$1,342$842$515$309$50
39 years$1,999$1,276$789$475$280$43
40 years$1,928$1,214$739$438$254$37
41 years$1,860$1,156$693$404$230$32
42 years$1,795$1,101$650$373$209$27
43 years$1,734$1,049$610$344$190$23
44 years$1,675$1,000$573$318$172$20
45 years$1,620$953$538$293$156$17
46 years$1,566$910$505$271$142$15
47 years$1,516$868$474$250$129$12
48 years$1,467$829$446$231$117$11
49 years$1,421$791$419$214$106$9
50 years$1,377$756$394$198$97$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,410,000, adding $4,906 every year, while hoping to spend $23,871 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: 31/43/26 Blend
64$1,410,000$1,410,000$1,410,000$1,410,000
65$1,558,881$1,484,151$1,462,296$1,594,623
66$1,692,488$1,531,475$1,485,884$1,669,822
67$1,838,923$1,580,319$1,509,462$1,748,264
68$1,999,469$1,630,731$1,533,005$1,832,226
69$2,175,540$1,682,761$1,556,486$1,922,206
70$2,368,692$1,736,464$1,579,875$2,018,753
71$2,580,639$1,791,891$1,603,142$2,122,468
72$2,813,272$1,849,101$1,626,254$2,234,013
73$3,068,668$1,908,150$1,649,177$2,354,116
74$3,349,122$1,969,098$1,671,873$2,483,576
75$3,657,156$2,032,008$1,694,305$2,623,274
76$3,995,552$2,096,943$1,716,430$2,774,177
77$4,367,373$2,163,968$1,738,206$2,937,350
78$4,775,995$2,233,152$1,759,585$3,113,964
79$5,225,136$2,304,566$1,780,521$3,305,309
80$5,718,891$2,378,281$1,800,960$3,512,802
81$6,261,775$2,454,373$1,820,848$3,738,005
82$6,858,758$2,532,920$1,840,129$3,982,636
83$7,515,320$2,614,002$1,858,742$4,248,586
84$8,237,496$2,697,701$1,876,623$4,537,938
85$9,031,935$2,784,103$1,893,705$4,852,984
86$9,905,965$2,873,297$1,909,917$5,196,247
87$10,867,659$2,965,373$1,925,184$5,570,508
88$11,925,910$3,060,427$1,939,428$5,978,825
89$13,090,521$3,158,556$1,952,566$6,424,570
90$14,372,289$3,259,860$1,964,512$6,911,453
91$15,783,113$3,364,444$1,975,174$7,443,562
92$17,336,104$3,472,415$1,984,456$8,025,398
93$19,045,708$3,583,885$1,992,257$8,661,920
94$20,927,844$3,698,968$1,998,471$9,358,589
95$23,000,051$3,817,784$2,002,986$10,121,421
96$25,281,656$3,940,456$2,005,686$10,957,043
97$27,793,956$4,067,110$2,006,448$11,872,754
98$30,560,418$4,197,877$2,005,143$12,876,596
99$33,606,901$4,332,893$2,001,636$13,977,427
100$36,961,899$4,472,299$1,995,784$15,185,008