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%15.6%
1 years$132,952$131,768$130,613$129,485$128,384$125,433
2 years$65,818$64,592$63,404$62,252$61,135$58,179
3 years$43,443$42,212$41,027$39,886$38,787$35,917
4 years$32,257$31,030$29,857$28,735$27,663$24,902
5 years$25,548$24,328$23,170$22,072$21,029$18,384
6 years$21,076$19,866$18,725$17,651$16,639$14,114
7 years$17,884$16,683$15,561$14,512$13,532$11,126
8 years$15,490$14,300$13,197$12,173$11,226$8,939
9 years$13,630$12,451$11,366$10,369$9,454$7,284
10 years$12,142$10,975$9,909$8,938$8,055$5,999
11 years$10,926$9,770$8,724$7,779$6,928$4,983
12 years$9,913$8,769$7,742$6,823$6,004$4,168
13 years$9,056$7,925$6,917$6,024$5,235$3,505
14 years$8,323$7,204$6,215$5,347$4,589$2,960
15 years$7,688$6,581$5,611$4,769$4,041$2,509
16 years$7,133$6,038$5,088$4,270$3,571$2,134
17 years$6,644$5,560$4,630$3,837$3,166$1,819
18 years$6,209$5,138$4,226$3,458$2,815$1,554
19 years$5,821$4,762$3,869$3,124$2,509$1,330
20 years$5,472$4,425$3,551$2,830$2,242$1,140
21 years$5,157$4,122$3,266$2,568$2,006$979
22 years$4,870$3,847$3,010$2,335$1,798$841
23 years$4,609$3,598$2,779$2,126$1,614$723
24 years$4,370$3,372$2,570$1,939$1,451$623
25 years$4,151$3,164$2,381$1,771$1,305$536
26 years$3,949$2,974$2,208$1,619$1,176$462
27 years$3,762$2,799$2,050$1,482$1,060$399
28 years$3,588$2,637$1,906$1,358$957$344
29 years$3,427$2,488$1,774$1,245$864$297
30 years$3,277$2,349$1,652$1,143$780$256
31 years$3,137$2,221$1,540$1,050$706$221
32 years$3,006$2,102$1,437$965$638$191
33 years$2,883$1,990$1,342$887$578$165
34 years$2,768$1,886$1,254$816$523$143
35 years$2,659$1,789$1,172$751$474$123
36 years$2,557$1,698$1,096$692$429$107
37 years$2,461$1,613$1,026$638$389$92
38 years$2,369$1,533$961$588$353$80
39 years$2,283$1,457$900$542$320$69
40 years$2,201$1,387$844$500$290$60
41 years$2,123$1,320$791$461$263$51
42 years$2,050$1,257$742$426$239$44
43 years$1,980$1,198$697$393$217$38
44 years$1,913$1,142$654$363$197$33
45 years$1,849$1,089$614$335$179$29
46 years$1,789$1,039$577$309$162$25
47 years$1,731$991$542$286$147$22
48 years$1,675$946$509$264$134$19
49 years$1,623$904$479$244$121$16
50 years$1,572$863$450$226$110$14

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 $4,374 every year, while hoping to spend $58,278 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: 47/30/23 Blend
64$1,610,000$1,610,000$1,610,000$1,610,000
65$1,778,732$1,693,402$1,668,447$1,850,471
66$1,898,155$1,714,371$1,662,332$1,922,150
67$2,027,806$1,734,415$1,654,060$1,993,780
68$2,168,667$1,753,426$1,643,496$2,070,351
69$2,321,818$1,771,290$1,630,499$2,152,352
70$2,488,446$1,787,886$1,614,924$2,240,327
71$2,669,859$1,803,084$1,596,615$2,334,874
72$2,867,495$1,816,746$1,575,412$2,436,658
73$3,082,938$1,828,724$1,551,147$2,546,411
74$3,317,929$1,838,863$1,523,641$2,664,945
75$3,574,385$1,846,995$1,492,711$2,793,158
76$3,854,418$1,852,944$1,458,163$2,932,039
77$4,160,351$1,856,520$1,419,793$3,082,686
78$4,494,742$1,857,525$1,377,392$3,246,311
79$4,860,407$1,855,744$1,330,735$3,424,252
80$5,260,446$1,850,954$1,279,593$3,617,990
81$5,698,274$1,842,913$1,223,722$3,829,159
82$6,177,650$1,831,368$1,162,869$4,059,568
83$6,702,715$1,816,049$1,096,769$4,311,212
84$7,278,027$1,796,671$1,025,146$4,586,299
85$7,908,607$1,772,929$947,710$4,887,263
86$8,599,985$1,744,503$864,158$5,216,797
87$9,358,252$1,711,052$774,176$5,577,873
88$10,190,116$1,672,216$677,433$5,973,774
89$11,102,966$1,627,612$573,585$6,408,125
90$12,104,940$1,576,837$462,272$6,884,929
91$13,205,004$1,519,462$343,118$7,408,606
92$14,413,033$1,455,034$215,731$7,984,036
93$15,739,907$1,383,075$79,702$8,616,604
94$17,197,609$1,303,077$0$9,312,258
95$18,799,342$1,214,505$0$10,093,626
96$20,559,650$1,116,791$0$10,973,806
97$22,494,557$1,009,337$0$11,941,327
98$24,621,716$891,509$0$13,005,133
99$26,960,576$762,638$0$14,175,084
100$29,532,565$622,017$0$15,462,057