Can I retire at age 65 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$118,088$117,036$116,010$115,008$114,030$112,003
2 years$58,459$57,371$56,316$55,292$54,300$52,265
3 years$38,586$37,492$36,440$35,426$34,450$32,470
4 years$28,651$27,561$26,519$25,523$24,570$22,660
5 years$22,692$21,608$20,580$19,604$18,678$16,844
6 years$18,720$17,645$16,631$15,677$14,779$13,023
7 years$15,884$14,818$13,821$12,889$12,019$10,342
8 years$13,758$12,702$11,721$10,812$9,971$8,372
9 years$12,106$11,059$10,095$9,210$8,397$6,875
10 years$10,785$9,748$8,801$7,939$7,155$5,708
11 years$9,704$8,678$7,749$6,909$6,153$4,781
12 years$8,805$7,789$6,877$6,060$5,332$4,032
13 years$8,044$7,039$6,144$5,350$4,650$3,420
14 years$7,393$6,398$5,520$4,749$4,076$2,914
15 years$6,828$5,845$4,984$4,236$3,589$2,493
16 years$6,335$5,363$4,519$3,793$3,172$2,139
17 years$5,901$4,939$4,112$3,408$2,812$1,841
18 years$5,515$4,564$3,754$3,071$2,501$1,588
19 years$5,170$4,230$3,436$2,775$2,229$1,372
20 years$4,860$3,930$3,154$2,513$1,991$1,188
21 years$4,580$3,661$2,901$2,281$1,782$1,030
22 years$4,326$3,417$2,674$2,074$1,597$894
23 years$4,094$3,196$2,469$1,889$1,434$776
24 years$3,882$2,995$2,283$1,723$1,289$675
25 years$3,687$2,810$2,114$1,573$1,159$588
26 years$3,507$2,641$1,961$1,438$1,044$512
27 years$3,341$2,486$1,821$1,317$942$446
28 years$3,187$2,342$1,693$1,206$850$389
29 years$3,044$2,210$1,575$1,106$767$339
30 years$2,911$2,087$1,467$1,015$693$296
31 years$2,786$1,973$1,368$932$627$258
32 years$2,670$1,867$1,276$857$567$226
33 years$2,561$1,768$1,192$788$513$197
34 years$2,458$1,675$1,114$725$465$172
35 years$2,362$1,589$1,041$667$421$150
36 years$2,271$1,508$974$615$381$131
37 years$2,185$1,432$912$566$346$115
38 years$2,104$1,361$854$522$313$100
39 years$2,028$1,295$800$481$284$88
40 years$1,955$1,232$750$444$258$77
41 years$1,886$1,172$703$410$234$67
42 years$1,821$1,117$659$378$212$59
43 years$1,758$1,064$619$349$192$51
44 years$1,699$1,014$581$322$175$45
45 years$1,643$967$545$298$159$39
46 years$1,589$922$512$275$144$34
47 years$1,537$880$481$254$131$30
48 years$1,488$840$452$235$119$26
49 years$1,441$803$425$217$108$23
50 years$1,396$767$400$200$98$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,430,000, adding $3,947 every year, while hoping to spend $39,623 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: 48/42/10 Blend
64$1,430,000$1,430,000$1,430,000$1,430,000
65$1,579,931$1,504,141$1,481,976$1,651,281
66$1,698,926$1,535,686$1,489,464$1,732,265
67$1,828,730$1,567,448$1,495,874$1,815,679
68$1,970,404$1,599,396$1,501,130$1,905,338
69$2,125,115$1,631,497$1,505,148$2,001,836
70$2,294,150$1,663,714$1,507,844$2,105,827
71$2,478,924$1,696,006$1,509,127$2,218,034
72$2,680,993$1,728,329$1,508,901$2,339,251
73$2,902,073$1,760,636$1,507,069$2,470,355
74$3,144,054$1,792,877$1,503,525$2,612,312
75$3,409,015$1,824,995$1,498,161$2,766,186
76$3,699,247$1,856,932$1,490,861$2,933,151
77$4,017,271$1,888,623$1,481,506$3,114,501
78$4,365,866$1,919,998$1,469,969$3,311,661
79$4,748,090$1,950,985$1,456,120$3,526,203
80$5,167,314$1,981,502$1,439,818$3,759,862
81$5,627,249$2,011,464$1,420,921$4,014,546
82$6,131,983$2,040,780$1,399,276$4,292,363
83$6,686,018$2,069,351$1,374,725$4,595,635
84$7,294,315$2,097,072$1,347,101$4,926,922
85$7,962,337$2,123,831$1,316,231$5,289,047
86$8,696,104$2,149,507$1,281,933$5,685,122
87$9,502,245$2,173,972$1,244,017$6,118,579
88$10,388,066$2,197,088$1,202,283$6,593,200
89$11,361,613$2,218,710$1,156,524$7,113,156
90$12,431,752$2,238,681$1,106,522$7,683,045
91$13,608,249$2,256,835$1,052,049$8,307,938
92$14,901,866$2,272,995$992,868$8,993,423
93$16,324,457$2,286,973$928,730$9,745,663
94$17,889,084$2,298,567$859,375$10,571,452
95$19,610,139$2,307,565$784,532$11,478,281
96$21,503,477$2,313,740$703,918$12,474,408
97$23,586,568$2,316,849$617,236$13,568,937
98$25,878,661$2,316,638$524,176$14,771,905
99$28,400,965$2,312,834$424,416$16,094,378
100$31,176,848$2,305,147$317,619$17,548,554