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%14.8%
1 years$118,088$117,036$116,010$115,008$114,030$111,774
2 years$58,459$57,371$56,316$55,292$54,300$52,036
3 years$38,586$37,492$36,440$35,426$34,450$32,249
4 years$28,651$27,561$26,519$25,523$24,570$22,450
5 years$22,692$21,608$20,580$19,604$18,678$16,644
6 years$18,720$17,645$16,631$15,677$14,779$12,833
7 years$15,884$14,818$13,821$12,889$12,019$10,162
8 years$13,758$12,702$11,721$10,812$9,971$8,203
9 years$12,106$11,059$10,095$9,210$8,397$6,716
10 years$10,785$9,748$8,801$7,939$7,155$5,559
11 years$9,704$8,678$7,749$6,909$6,153$4,641
12 years$8,805$7,789$6,877$6,060$5,332$3,902
13 years$8,044$7,039$6,144$5,350$4,650$3,299
14 years$7,393$6,398$5,520$4,749$4,076$2,801
15 years$6,828$5,845$4,984$4,236$3,589$2,388
16 years$6,335$5,363$4,519$3,793$3,172$2,042
17 years$5,901$4,939$4,112$3,408$2,812$1,751
18 years$5,515$4,564$3,754$3,071$2,501$1,505
19 years$5,170$4,230$3,436$2,775$2,229$1,296
20 years$4,860$3,930$3,154$2,513$1,991$1,117
21 years$4,580$3,661$2,901$2,281$1,782$965
22 years$4,326$3,417$2,674$2,074$1,597$834
23 years$4,094$3,196$2,469$1,889$1,434$722
24 years$3,882$2,995$2,283$1,723$1,289$625
25 years$3,687$2,810$2,114$1,573$1,159$542
26 years$3,507$2,641$1,961$1,438$1,044$470
27 years$3,341$2,486$1,821$1,317$942$408
28 years$3,187$2,342$1,693$1,206$850$354
29 years$3,044$2,210$1,575$1,106$767$308
30 years$2,911$2,087$1,467$1,015$693$267
31 years$2,786$1,973$1,368$932$627$233
32 years$2,670$1,867$1,276$857$567$202
33 years$2,561$1,768$1,192$788$513$176
34 years$2,458$1,675$1,114$725$465$153
35 years$2,362$1,589$1,041$667$421$133
36 years$2,271$1,508$974$615$381$116
37 years$2,185$1,432$912$566$346$101
38 years$2,104$1,361$854$522$313$88
39 years$2,028$1,295$800$481$284$76
40 years$1,955$1,232$750$444$258$66
41 years$1,886$1,172$703$410$234$58
42 years$1,821$1,117$659$378$212$50
43 years$1,758$1,064$619$349$192$44
44 years$1,699$1,014$581$322$175$38
45 years$1,643$967$545$298$159$33
46 years$1,589$922$512$275$144$29
47 years$1,537$880$481$254$131$25
48 years$1,488$840$452$235$119$22
49 years$1,441$803$425$217$108$19
50 years$1,396$767$400$200$98$17

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 $4,192 every year, while hoping to spend $46,720 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: 48/25/27 Blend
64$1,430,000$1,430,000$1,430,000$1,430,000
65$1,580,184$1,504,394$1,482,229$1,643,686
66$1,691,653$1,528,400$1,482,174$1,712,725
67$1,812,926$1,552,016$1,480,551$1,782,724
68$1,944,954$1,575,174$1,477,259$1,857,830
69$2,088,782$1,597,800$1,472,190$1,938,546
70$2,245,563$1,619,817$1,465,233$2,025,430
71$2,416,562$1,641,140$1,456,271$2,119,097
72$2,603,175$1,661,680$1,445,179$2,220,228
73$2,806,936$1,681,339$1,431,830$2,329,572
74$3,029,535$1,700,017$1,416,088$2,447,961
75$3,272,833$1,717,602$1,397,812$2,576,308
76$3,538,877$1,733,980$1,376,854$2,715,627
77$3,829,922$1,749,025$1,353,058$2,867,034
78$4,148,452$1,762,604$1,326,263$3,031,762
79$4,497,199$1,774,577$1,296,298$3,211,173
80$4,879,175$1,784,794$1,262,986$3,406,772
81$5,297,696$1,793,093$1,226,141$3,620,218
82$5,756,412$1,799,306$1,185,568$3,853,343
83$6,259,346$1,803,252$1,141,064$4,108,171
84$6,810,926$1,804,737$1,092,416$4,386,936
85$7,416,030$1,803,559$1,039,402$4,692,102
86$8,080,032$1,799,501$981,789$5,026,390
87$8,808,851$1,792,332$919,335$5,392,803
88$9,609,006$1,781,809$851,785$5,794,655
89$10,487,679$1,767,672$778,874$6,235,603
90$11,452,781$1,749,646$700,325$6,719,682
91$12,513,028$1,727,442$615,848$7,251,345
92$13,678,019$1,700,749$525,142$7,835,506
93$14,958,332$1,669,241$427,889$8,477,587
94$16,365,620$1,632,571$323,761$9,183,567
95$17,912,719$1,590,374$212,414$9,960,045
96$19,613,774$1,542,259$93,487$10,814,301
97$21,484,366$1,487,817$0$11,754,365
98$23,541,662$1,426,611$0$12,798,726
99$25,804,579$1,358,182$0$13,976,891
100$28,293,955$1,282,042$0$15,272,794