Can I retire at age 65 with 1,670,000?

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$137,907$136,679$135,480$134,310$133,168$128,036
2 years$68,271$66,999$65,767$64,572$63,413$58,304
3 years$45,062$43,785$42,556$41,372$40,232$35,307
4 years$33,460$32,186$30,970$29,806$28,694$23,989
5 years$26,500$25,235$24,034$22,894$21,813$17,341
6 years$21,862$20,606$19,423$18,309$17,260$13,025
7 years$18,550$17,305$16,140$15,052$14,037$10,036
8 years$16,068$14,833$13,688$12,627$11,645$7,875
9 years$14,138$12,915$11,790$10,756$9,807$6,263
10 years$12,595$11,384$10,279$9,271$8,356$5,031
11 years$11,333$10,135$9,049$8,069$7,186$4,072
12 years$10,282$9,096$8,031$7,077$6,227$3,317
13 years$9,394$8,220$7,175$6,248$5,430$2,714
14 years$8,633$7,472$6,447$5,547$4,760$2,230
15 years$7,975$6,826$5,821$4,947$4,191$1,838
16 years$7,399$6,263$5,277$4,429$3,704$1,518
17 years$6,891$5,768$4,802$3,980$3,284$1,257
18 years$6,441$5,330$4,384$3,586$2,920$1,043
19 years$6,038$4,939$4,013$3,241$2,603$866
20 years$5,676$4,590$3,683$2,935$2,325$720
21 years$5,349$4,275$3,388$2,664$2,081$599
22 years$5,052$3,991$3,122$2,422$1,865$499
23 years$4,781$3,733$2,883$2,206$1,674$416
24 years$4,533$3,497$2,666$2,012$1,505$347
25 years$4,306$3,282$2,469$1,837$1,354$289
26 years$4,096$3,084$2,290$1,680$1,220$241
27 years$3,902$2,903$2,127$1,538$1,100$202
28 years$3,722$2,735$1,977$1,409$992$168
29 years$3,555$2,580$1,840$1,292$896$141
30 years$3,399$2,437$1,714$1,186$810$117
31 years$3,254$2,304$1,598$1,089$732$98
32 years$3,118$2,180$1,491$1,001$662$82
33 years$2,991$2,064$1,392$920$599$68
34 years$2,871$1,957$1,300$847$542$57
35 years$2,758$1,856$1,216$779$491$48
36 years$2,652$1,761$1,137$718$445$40
37 years$2,552$1,673$1,065$661$403$33
38 years$2,458$1,590$997$610$366$28
39 years$2,368$1,512$934$562$332$23
40 years$2,283$1,438$875$518$301$20
41 years$2,203$1,369$821$478$273$16
42 years$2,126$1,304$770$441$248$14
43 years$2,053$1,242$723$408$225$11
44 years$1,984$1,184$678$376$204$10
45 years$1,918$1,129$637$347$185$8
46 years$1,855$1,077$598$321$168$7
47 years$1,795$1,028$562$297$153$6
48 years$1,738$981$528$274$139$5
49 years$1,683$937$496$253$126$4
50 years$1,631$895$467$234$114$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,670,000, adding $4,596 every year, while hoping to spend $24,915 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: 49/39/12 Blend
64$1,670,000$1,670,000$1,670,000$1,670,000
65$1,845,081$1,756,571$1,730,686$1,929,230
66$2,006,770$1,816,133$1,762,154$2,047,094
67$2,184,116$1,877,779$1,793,842$2,172,069
68$2,378,690$1,941,585$1,825,730$2,307,256
69$2,592,222$2,007,628$1,857,798$2,453,620
70$2,826,618$2,075,991$1,890,023$2,612,221
71$3,083,977$2,146,759$1,922,383$2,784,223
72$3,366,611$2,220,019$1,954,852$2,970,910
73$3,677,069$2,295,863$1,987,402$3,173,690
74$4,018,155$2,374,386$2,020,006$3,394,113
75$4,392,962$2,455,686$2,052,631$3,633,887
76$4,804,896$2,539,866$2,085,246$3,894,887
77$5,257,708$2,627,032$2,117,814$4,179,180
78$5,755,532$2,717,295$2,150,299$4,489,037
79$6,302,923$2,810,769$2,182,661$4,826,960
80$6,904,898$2,907,573$2,214,857$5,195,703
81$7,566,985$3,007,832$2,246,842$5,598,295
82$8,295,276$3,111,674$2,278,570$6,038,072
83$9,096,481$3,219,233$2,309,988$6,518,706
84$9,977,994$3,330,647$2,341,045$7,044,241
85$10,947,962$3,446,061$2,371,682$7,619,128
86$12,015,361$3,565,625$2,401,841$8,248,268
87$13,190,082$3,689,495$2,431,457$8,937,056
88$14,483,023$3,817,833$2,460,463$9,691,438
89$15,906,192$3,950,808$2,488,789$10,517,956
90$17,472,820$4,088,594$2,516,360$11,423,817
91$19,197,487$4,231,374$2,543,097$12,416,959
92$21,096,256$4,379,337$2,568,917$13,506,125
93$23,186,829$4,532,680$2,593,731$14,700,941
94$25,488,712$4,691,607$2,617,447$16,012,012
95$28,023,397$4,856,332$2,639,967$17,451,021
96$30,814,567$5,027,075$2,661,190$19,030,831
97$33,888,319$5,204,068$2,681,006$20,765,618
98$37,273,409$5,387,550$2,699,301$22,670,992
99$41,001,526$5,577,769$2,715,957$24,764,152
100$45,107,587$5,774,985$2,730,847$27,064,042