Can I retire at age 65 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$140,384$139,134$137,914$136,723$135,560$131,643
2 years$69,497$68,203$66,949$65,732$64,553$60,637
3 years$45,871$44,571$43,320$42,115$40,955$37,164
4 years$34,061$32,765$31,526$30,342$29,209$25,572
5 years$26,976$25,688$24,465$23,305$22,204$18,731
6 years$22,255$20,976$19,772$18,637$17,570$14,262
7 years$18,883$17,616$16,430$15,323$14,289$11,148
8 years$16,356$15,100$13,934$12,854$11,854$8,878
9 years$14,392$13,147$12,002$10,949$9,983$7,169
10 years$12,821$11,589$10,463$9,438$8,506$5,850
11 years$11,537$10,317$9,212$8,214$7,315$4,813
12 years$10,467$9,260$8,175$7,205$6,339$3,986
13 years$9,563$8,368$7,304$6,361$5,528$3,318
14 years$8,788$7,606$6,563$5,646$4,846$2,774
15 years$8,118$6,949$5,925$5,035$4,267$2,327
16 years$7,532$6,375$5,372$4,509$3,771$1,957
17 years$7,015$5,871$4,888$4,051$3,343$1,651
18 years$6,556$5,425$4,462$3,651$2,973$1,395
19 years$6,146$5,028$4,085$3,299$2,650$1,180
20 years$5,778$4,672$3,749$2,988$2,367$1,000
21 years$5,445$4,352$3,448$2,712$2,118$849
22 years$5,142$4,063$3,178$2,465$1,899$721
23 years$4,867$3,800$2,935$2,245$1,704$613
24 years$4,615$3,560$2,714$2,048$1,532$521
25 years$4,383$3,341$2,514$1,870$1,378$444
26 years$4,169$3,140$2,331$1,710$1,242$378
27 years$3,972$2,955$2,165$1,565$1,119$322
28 years$3,789$2,784$2,013$1,434$1,010$274
29 years$3,619$2,627$1,873$1,315$912$234
30 years$3,460$2,481$1,744$1,207$824$199
31 years$3,313$2,345$1,626$1,108$745$170
32 years$3,174$2,219$1,517$1,019$674$145
33 years$3,044$2,101$1,417$937$610$124
34 years$2,923$1,992$1,324$862$552$106
35 years$2,808$1,889$1,238$793$500$90
36 years$2,700$1,793$1,158$731$453$77
37 years$2,598$1,703$1,084$673$411$66
38 years$2,502$1,618$1,015$621$372$56
39 years$2,411$1,539$951$572$338$48
40 years$2,324$1,464$891$528$306$41
41 years$2,242$1,394$836$487$278$35
42 years$2,164$1,327$784$449$252$30
43 years$2,090$1,265$736$415$229$25
44 years$2,020$1,206$690$383$208$22
45 years$1,953$1,150$648$354$189$19
46 years$1,889$1,097$609$327$171$16
47 years$1,828$1,047$572$302$155$14
48 years$1,769$999$538$279$141$12
49 years$1,713$954$505$258$128$10
50 years$1,660$911$475$238$116$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,700,000, adding $3,137 every year, while hoping to spend $40,184 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: 37/38/25 Blend
64$1,700,000$1,700,000$1,700,000$1,700,000
65$1,876,636$1,786,536$1,760,186$1,931,907
66$2,025,297$1,831,321$1,776,397$2,017,540
67$2,187,775$1,876,953$1,791,804$2,106,047
68$2,365,437$1,923,432$1,806,338$2,200,859
69$2,559,787$1,970,756$1,819,925$2,302,571
70$2,772,483$2,018,920$1,832,490$2,411,837
71$3,005,349$2,067,920$1,843,951$2,529,378
72$3,260,394$2,117,748$1,854,224$2,655,989
73$3,539,832$2,168,396$1,863,218$2,792,545
74$3,846,099$2,219,852$1,870,840$2,940,011
75$4,181,880$2,272,103$1,876,992$3,099,452
76$4,550,130$2,325,134$1,881,569$3,272,039
77$4,954,104$2,378,927$1,884,463$3,459,065
78$5,397,390$2,433,461$1,885,560$3,661,955
79$5,883,937$2,488,714$1,884,739$3,882,279
80$6,418,096$2,544,658$1,881,875$4,121,768
81$7,004,660$2,601,265$1,876,836$4,382,331
82$7,648,909$2,658,501$1,869,484$4,666,072
83$8,356,659$2,716,329$1,859,673$4,975,310
84$9,134,318$2,774,709$1,847,252$5,312,602
85$9,988,945$2,833,595$1,832,061$5,680,768
86$10,928,316$2,892,940$1,813,934$6,082,917
87$11,960,998$2,952,688$1,792,694$6,522,474
88$13,096,431$3,012,781$1,768,161$7,003,218
89$14,345,013$3,073,153$1,740,140$7,529,313
90$15,718,202$3,133,735$1,708,433$8,105,352
91$17,228,621$3,194,451$1,672,828$8,736,397
92$18,890,179$3,255,218$1,633,106$9,428,029
93$20,718,199$3,315,945$1,589,037$10,186,402
94$22,729,566$3,376,537$1,540,380$11,018,300
95$24,942,882$3,436,888$1,486,884$11,931,200
96$27,378,646$3,496,886$1,428,284$12,933,349
97$30,059,443$3,556,408$1,364,307$14,033,835
98$33,010,159$3,615,325$1,294,664$15,242,679
99$36,258,215$3,673,495$1,219,055$16,570,929
100$39,833,824$3,730,768$1,137,165$18,030,762