Can I retire at age 65 with 1,610,000?

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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$132,952$131,768$130,613$129,485$128,384$124,976
2 years$65,818$64,592$63,404$62,252$61,135$57,726
3 years$43,443$42,212$41,027$39,886$38,787$35,482
4 years$32,257$31,030$29,857$28,735$27,663$24,489
5 years$25,548$24,328$23,170$22,072$21,029$17,994
6 years$21,076$19,866$18,725$17,651$16,639$13,747
7 years$17,884$16,683$15,561$14,512$13,532$10,782
8 years$15,490$14,300$13,197$12,173$11,226$8,617
9 years$13,630$12,451$11,366$10,369$9,454$6,983
10 years$12,142$10,975$9,909$8,938$8,055$5,720
11 years$10,926$9,770$8,724$7,779$6,928$4,724
12 years$9,913$8,769$7,742$6,823$6,004$3,927
13 years$9,056$7,925$6,917$6,024$5,235$3,283
14 years$8,323$7,204$6,215$5,347$4,589$2,756
15 years$7,688$6,581$5,611$4,769$4,041$2,321
16 years$7,133$6,038$5,088$4,270$3,571$1,961
17 years$6,644$5,560$4,630$3,837$3,166$1,661
18 years$6,209$5,138$4,226$3,458$2,815$1,410
19 years$5,821$4,762$3,869$3,124$2,509$1,199
20 years$5,472$4,425$3,551$2,830$2,242$1,020
21 years$5,157$4,122$3,266$2,568$2,006$870
22 years$4,870$3,847$3,010$2,335$1,798$742
23 years$4,609$3,598$2,779$2,126$1,614$634
24 years$4,370$3,372$2,570$1,939$1,451$542
25 years$4,151$3,164$2,381$1,771$1,305$463
26 years$3,949$2,974$2,208$1,619$1,176$396
27 years$3,762$2,799$2,050$1,482$1,060$339
28 years$3,588$2,637$1,906$1,358$957$291
29 years$3,427$2,488$1,774$1,245$864$249
30 years$3,277$2,349$1,652$1,143$780$213
31 years$3,137$2,221$1,540$1,050$706$183
32 years$3,006$2,102$1,437$965$638$157
33 years$2,883$1,990$1,342$887$578$134
34 years$2,768$1,886$1,254$816$523$115
35 years$2,659$1,789$1,172$751$474$99
36 years$2,557$1,698$1,096$692$429$85
37 years$2,461$1,613$1,026$638$389$73
38 years$2,369$1,533$961$588$353$62
39 years$2,283$1,457$900$542$320$54
40 years$2,201$1,387$844$500$290$46
41 years$2,123$1,320$791$461$263$39
42 years$2,050$1,257$742$426$239$34
43 years$1,980$1,198$697$393$217$29
44 years$1,913$1,142$654$363$197$25
45 years$1,849$1,089$614$335$179$21
46 years$1,789$1,039$577$309$162$18
47 years$1,731$991$542$286$147$16
48 years$1,675$946$509$264$134$14
49 years$1,623$904$479$244$121$12
50 years$1,572$863$450$226$110$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,610,000, adding $2,048 every year, while hoping to spend $50,527 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: 70/5/25 Blend
64$1,610,000$1,610,000$1,610,000$1,610,000
65$1,776,333$1,691,003$1,666,048$1,889,247
66$1,903,758$1,720,101$1,668,100$1,994,194
67$2,042,488$1,748,932$1,668,527$2,102,972
68$2,193,621$1,777,430$1,667,222$2,220,857
69$2,358,368$1,805,521$1,664,072$2,348,751
70$2,538,060$1,833,131$1,658,957$2,487,645
71$2,734,164$1,860,176$1,651,754$2,638,635
72$2,948,293$1,886,569$1,642,333$2,802,926
73$3,182,224$1,912,216$1,630,555$2,981,850
74$3,437,911$1,937,015$1,616,279$3,176,873
75$3,717,509$1,960,859$1,599,355$3,389,610
76$4,023,386$1,983,632$1,579,625$3,621,845
77$4,358,154$2,005,212$1,556,925$3,875,541
78$4,724,686$2,025,468$1,531,082$4,152,865
79$5,126,147$2,044,260$1,501,916$4,456,204
80$5,566,023$2,061,437$1,469,240$4,788,191
81$6,048,152$2,076,842$1,432,854$5,151,727
82$6,576,761$2,090,306$1,392,553$5,550,012
83$7,156,508$2,101,647$1,348,120$5,986,571
84$7,792,519$2,110,676$1,299,329$6,465,294
85$8,490,444$2,117,187$1,245,945$6,990,465
86$9,256,505$2,120,964$1,187,719$7,566,809
87$10,097,555$2,121,778$1,124,394$8,199,535
88$11,021,143$2,119,383$1,055,700$8,894,384
89$12,035,588$2,113,521$981,354$9,657,685
90$13,150,050$2,103,916$901,061$10,496,416
91$14,374,622$2,090,275$814,514$11,418,267
92$15,720,424$2,072,288$721,390$12,431,717
93$17,199,704$2,049,628$621,354$13,546,110
94$18,825,959$2,021,944$514,055$14,771,749
95$20,614,056$1,988,869$399,125$16,119,989
96$22,580,376$1,950,010$276,182$17,603,347
97$24,742,967$1,904,953$144,826$19,235,621
98$27,121,714$1,853,259$4,642$21,032,018
99$29,738,523$1,794,464$0$23,009,303
100$32,617,535$1,728,075$0$25,224,621