Can I retire at age 65 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$126,346$125,221$124,123$123,051$122,004$117,256
2 years$62,548$61,383$60,254$59,159$58,097$53,371
3 years$41,284$40,114$38,988$37,904$36,859$32,304
4 years$30,655$29,488$28,373$27,308$26,288$21,938
5 years$24,278$23,119$22,019$20,975$19,984$15,850
6 years$20,029$18,878$17,795$16,774$15,813$11,898
7 years$16,995$15,854$14,787$13,791$12,860$9,163
8 years$14,721$13,590$12,541$11,569$10,669$7,186
9 years$12,952$11,832$10,801$9,854$8,984$5,711
10 years$11,539$10,430$9,417$8,494$7,655$4,584
11 years$10,383$9,285$8,291$7,392$6,584$3,709
12 years$9,420$8,334$7,358$6,484$5,705$3,019
13 years$8,606$7,531$6,574$5,725$4,975$2,469
14 years$7,910$6,846$5,906$5,082$4,361$2,027
15 years$7,306$6,254$5,333$4,532$3,840$1,669
16 years$6,778$5,738$4,835$4,058$3,394$1,378
17 years$6,313$5,284$4,399$3,646$3,009$1,140
18 years$5,901$4,883$4,016$3,286$2,676$945
19 years$5,532$4,525$3,677$2,969$2,385$784
20 years$5,200$4,205$3,374$2,689$2,130$651
21 years$4,900$3,917$3,104$2,440$1,906$542
22 years$4,628$3,656$2,860$2,219$1,709$451
23 years$4,380$3,420$2,641$2,021$1,534$375
24 years$4,153$3,204$2,443$1,843$1,379$313
25 years$3,945$3,007$2,262$1,683$1,241$261
26 years$3,752$2,826$2,098$1,539$1,117$217
27 years$3,575$2,660$1,948$1,409$1,007$181
28 years$3,410$2,506$1,811$1,291$909$151
29 years$3,257$2,364$1,686$1,184$821$126
30 years$3,114$2,233$1,570$1,086$742$105
31 years$2,981$2,111$1,464$998$671$88
32 years$2,857$1,997$1,366$917$607$73
33 years$2,740$1,891$1,275$843$549$61
34 years$2,630$1,793$1,191$776$497$51
35 years$2,527$1,700$1,114$714$450$43
36 years$2,430$1,614$1,042$658$408$36
37 years$2,338$1,533$975$606$370$30
38 years$2,252$1,457$913$559$335$25
39 years$2,170$1,385$856$515$304$21
40 years$2,092$1,318$802$475$276$17
41 years$2,018$1,254$752$438$250$15
42 years$1,948$1,195$705$404$227$12
43 years$1,881$1,138$662$373$206$10
44 years$1,818$1,085$621$345$187$8
45 years$1,757$1,035$583$318$170$7
46 years$1,700$987$548$294$154$6
47 years$1,645$942$515$272$140$5
48 years$1,592$899$484$251$127$4
49 years$1,542$859$455$232$115$3
50 years$1,494$820$428$214$105$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,530,000, adding $3,514 every year, while hoping to spend $21,573 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: 44/41/15 Blend
64$1,530,000$1,530,000$1,530,000$1,530,000
65$1,689,685$1,608,595$1,584,880$1,756,577
66$1,839,079$1,664,462$1,615,020$1,859,576
67$2,002,989$1,722,344$1,645,446$1,968,715
68$2,182,871$1,782,317$1,676,146$2,086,541
69$2,380,332$1,844,459$1,707,106$2,213,866
70$2,597,141$1,908,852$1,738,308$2,351,580
71$2,835,246$1,975,582$1,769,738$2,500,662
72$3,096,793$2,044,738$1,801,376$2,662,188
73$3,384,146$2,116,411$1,833,203$2,837,341
74$3,699,912$2,190,698$1,865,198$3,027,422
75$4,046,959$2,267,698$1,897,339$3,233,863
76$4,428,449$2,347,515$1,929,600$3,458,236
77$4,847,865$2,430,258$1,961,956$3,702,275
78$5,309,045$2,516,038$1,994,378$3,967,882
79$5,816,216$2,604,972$2,026,838$4,257,154
80$6,374,036$2,697,182$2,059,303$4,572,397
81$6,987,637$2,792,793$2,091,740$4,916,149
82$7,662,675$2,891,939$2,124,112$5,291,201
83$8,405,379$2,994,755$2,156,381$5,700,629
84$9,222,614$3,101,384$2,188,506$6,147,816
85$10,121,943$3,211,975$2,220,443$6,636,486
86$11,111,700$3,326,680$2,252,147$7,170,740
87$12,201,068$3,445,662$2,283,569$7,755,091
88$13,400,165$3,569,088$2,314,656$8,394,509
89$14,720,139$3,697,130$2,345,354$9,094,467
90$16,173,275$3,829,971$2,375,606$9,860,990
91$17,773,109$3,967,800$2,405,348$10,700,714
92$19,534,556$4,110,812$2,434,517$11,620,944
93$21,474,051$4,259,212$2,463,044$12,629,728
94$23,609,704$4,413,213$2,490,856$13,735,926
95$25,961,471$4,573,038$2,517,876$14,949,299
96$28,551,341$4,738,916$2,544,025$16,280,596
97$31,403,544$4,911,089$2,569,216$17,741,656
98$34,544,781$5,089,808$2,593,360$19,345,519
99$38,004,473$5,275,333$2,616,362$21,106,549
100$41,815,041$5,467,937$2,638,123$23,040,569