Can I retire at age 65 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$142,862$141,589$140,348$139,136$137,953$136,455
2 years$70,724$69,406$68,130$66,892$65,692$64,184
3 years$46,681$45,358$44,085$42,859$41,678$40,206
4 years$34,662$33,343$32,082$30,877$29,725$28,301
5 years$27,452$26,141$24,897$23,717$22,596$21,225
6 years$22,647$21,346$20,121$18,966$17,880$16,562
7 years$19,217$17,927$16,720$15,593$14,541$13,277
8 years$16,645$15,366$14,180$13,081$12,063$10,854
9 years$14,646$13,379$12,213$11,142$10,159$9,003
10 years$13,047$11,793$10,648$9,604$8,656$7,553
11 years$11,740$10,499$9,374$8,359$7,444$6,394
12 years$10,652$9,423$8,319$7,332$6,451$5,451
13 years$9,732$8,516$7,433$6,473$5,626$4,675
14 years$8,943$7,741$6,678$5,746$4,931$4,030
15 years$8,261$7,071$6,030$5,124$4,342$3,487
16 years$7,665$6,488$5,467$4,588$3,837$3,028
17 years$7,139$5,975$4,975$4,123$3,402$2,637
18 years$6,672$5,521$4,541$3,715$3,025$2,303
19 years$6,255$5,117$4,157$3,357$2,697$2,015
20 years$5,880$4,755$3,815$3,040$2,409$1,766
21 years$5,541$4,429$3,509$2,759$2,155$1,551
22 years$5,233$4,134$3,234$2,509$1,932$1,364
23 years$4,953$3,867$2,986$2,285$1,734$1,200
24 years$4,696$3,623$2,762$2,084$1,559$1,058
25 years$4,460$3,400$2,558$1,903$1,403$933
26 years$4,243$3,195$2,372$1,740$1,264$824
27 years$4,042$3,007$2,203$1,593$1,139$727
28 years$3,856$2,834$2,048$1,459$1,028$643
29 years$3,683$2,673$1,906$1,338$928$569
30 years$3,522$2,525$1,775$1,228$839$503
31 years$3,371$2,387$1,655$1,128$758$445
32 years$3,230$2,258$1,544$1,037$686$394
33 years$3,098$2,139$1,442$953$621$349
34 years$2,974$2,027$1,347$877$562$310
35 years$2,858$1,922$1,259$807$509$274
36 years$2,748$1,825$1,178$744$461$243
37 years$2,644$1,733$1,103$685$418$216
38 years$2,546$1,647$1,033$632$379$191
39 years$2,453$1,566$968$582$344$170
40 years$2,365$1,490$907$537$312$151
41 years$2,282$1,418$850$496$283$134
42 years$2,203$1,351$798$457$257$119
43 years$2,127$1,287$748$422$233$105
44 years$2,055$1,227$703$390$211$93
45 years$1,987$1,170$660$360$192$83
46 years$1,922$1,116$620$333$174$74
47 years$1,860$1,065$582$307$158$65
48 years$1,800$1,017$547$284$144$58
49 years$1,743$971$514$262$130$51
50 years$1,689$927$483$242$119$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,730,000, adding $4,133 every year, while hoping to spend $45,146 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: 89/5/6 Blend
64$1,730,000$1,730,000$1,730,000$1,730,000
65$1,910,723$1,819,033$1,792,218$2,080,137
66$2,057,582$1,860,131$1,804,223$2,232,054
67$2,217,907$1,901,729$1,815,116$2,392,299
68$2,393,025$1,943,805$1,824,813$2,567,008
69$2,584,395$1,986,333$1,833,226$2,757,605
70$2,793,623$2,029,284$1,840,259$2,965,660
71$3,022,481$2,072,626$1,845,816$3,192,899
72$3,272,914$2,116,325$1,849,791$3,441,226
73$3,547,070$2,160,343$1,852,077$3,712,737
74$3,847,309$2,204,638$1,852,560$4,009,738
75$4,176,234$2,249,165$1,851,120$4,334,771
76$4,536,708$2,293,872$1,847,631$4,690,636
77$4,931,888$2,338,708$1,841,962$5,080,417
78$5,365,247$2,383,611$1,833,975$5,507,510
79$5,840,614$2,428,520$1,823,525$5,975,657
80$6,362,204$2,473,365$1,810,460$6,488,980
81$6,934,661$2,518,071$1,794,622$7,052,019
82$7,563,098$2,562,559$1,775,844$7,669,776
83$8,253,151$2,606,741$1,753,952$8,347,762
84$9,011,026$2,650,525$1,728,762$9,092,049
85$9,843,559$2,693,809$1,700,085$9,909,325
86$10,758,283$2,736,487$1,667,719$10,806,960
87$11,763,496$2,778,443$1,631,455$11,793,072
88$12,868,338$2,819,552$1,591,075$12,876,608
89$14,082,881$2,859,682$1,546,348$14,067,423
90$15,418,219$2,898,691$1,497,034$15,376,378
91$16,886,576$2,936,426$1,442,884$16,815,439
92$18,501,420$2,972,724$1,383,634$18,397,788
93$20,277,590$3,007,412$1,319,011$20,137,954
94$22,231,433$3,040,304$1,248,726$22,051,944
95$24,380,962$3,071,202$1,172,481$24,157,396
96$26,746,024$3,099,894$1,089,963$26,473,743
97$29,348,485$3,126,156$1,000,844$29,022,401
98$32,212,440$3,149,747$904,782$31,826,969
99$35,364,436$3,170,412$801,419$34,913,447
100$38,833,725$3,187,879$690,383$38,310,488