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

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$142,862$141,589$140,348$139,136$137,953$134,454
2 years$70,724$69,406$68,130$66,892$65,692$62,190
3 years$46,681$45,358$44,085$42,859$41,678$38,282
4 years$34,662$33,343$32,082$30,877$29,725$26,461
5 years$27,452$26,141$24,897$23,717$22,596$19,474
6 years$22,647$21,346$20,121$18,966$17,880$14,901
7 years$19,217$17,927$16,720$15,593$14,541$11,707
8 years$16,645$15,366$14,180$13,081$12,063$9,373
9 years$14,646$13,379$12,213$11,142$10,159$7,610
10 years$13,047$11,793$10,648$9,604$8,656$6,245
11 years$11,740$10,499$9,374$8,359$7,444$5,167
12 years$10,652$9,423$8,319$7,332$6,451$4,305
13 years$9,732$8,516$7,433$6,473$5,626$3,605
14 years$8,943$7,741$6,678$5,746$4,931$3,033
15 years$8,261$7,071$6,030$5,124$4,342$2,560
16 years$7,665$6,488$5,467$4,588$3,837$2,168
17 years$7,139$5,975$4,975$4,123$3,402$1,840
18 years$6,672$5,521$4,541$3,715$3,025$1,565
19 years$6,255$5,117$4,157$3,357$2,697$1,333
20 years$5,880$4,755$3,815$3,040$2,409$1,138
21 years$5,541$4,429$3,509$2,759$2,155$972
22 years$5,233$4,134$3,234$2,509$1,932$831
23 years$4,953$3,867$2,986$2,285$1,734$712
24 years$4,696$3,623$2,762$2,084$1,559$610
25 years$4,460$3,400$2,558$1,903$1,403$523
26 years$4,243$3,195$2,372$1,740$1,264$448
27 years$4,042$3,007$2,203$1,593$1,139$385
28 years$3,856$2,834$2,048$1,459$1,028$330
29 years$3,683$2,673$1,906$1,338$928$284
30 years$3,522$2,525$1,775$1,228$839$244
31 years$3,371$2,387$1,655$1,128$758$209
32 years$3,230$2,258$1,544$1,037$686$180
33 years$3,098$2,139$1,442$953$621$155
34 years$2,974$2,027$1,347$877$562$133
35 years$2,858$1,922$1,259$807$509$114
36 years$2,748$1,825$1,178$744$461$98
37 years$2,644$1,733$1,103$685$418$85
38 years$2,546$1,647$1,033$632$379$73
39 years$2,453$1,566$968$582$344$63
40 years$2,365$1,490$907$537$312$54
41 years$2,282$1,418$850$496$283$46
42 years$2,203$1,351$798$457$257$40
43 years$2,127$1,287$748$422$233$34
44 years$2,055$1,227$703$390$211$29
45 years$1,987$1,170$660$360$192$25
46 years$1,922$1,116$620$333$174$22
47 years$1,860$1,065$582$307$158$19
48 years$1,800$1,017$547$284$144$16
49 years$1,743$971$514$262$130$14
50 years$1,689$927$483$242$119$12

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 $3,464 every year, while hoping to spend $42,310 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: 71/11/18 Blend
64$1,730,000$1,730,000$1,730,000$1,730,000
65$1,910,033$1,818,343$1,791,528$2,037,245
66$2,059,839$1,862,424$1,806,527$2,166,407
67$2,223,507$1,907,248$1,820,610$2,302,375
68$2,402,406$1,952,805$1,833,702$2,450,164
69$2,598,045$1,999,085$1,845,724$2,610,939
70$2,812,082$2,046,077$1,856,592$2,785,981
71$3,046,346$2,093,766$1,866,219$2,976,701
72$3,302,848$2,142,135$1,874,513$3,184,657
73$3,583,806$2,191,167$1,881,377$3,411,562
74$3,891,660$2,240,840$1,886,708$3,659,304
75$4,229,097$2,291,129$1,890,401$3,929,964
76$4,599,078$2,342,008$1,892,343$4,225,834
77$5,004,864$2,393,446$1,892,416$4,549,440
78$5,450,045$2,445,410$1,890,497$4,903,565
79$5,938,577$2,497,863$1,886,456$5,291,276
80$6,474,817$2,550,763$1,880,158$5,715,951
81$7,063,565$2,604,067$1,871,459$6,181,316
82$7,710,107$2,657,725$1,860,212$6,691,471
83$8,420,267$2,711,682$1,846,258$7,250,940
84$9,200,461$2,765,881$1,829,434$7,864,705
85$10,057,757$2,820,258$1,809,569$8,538,257
86$10,999,940$2,874,743$1,786,481$9,277,647
87$12,035,589$2,929,261$1,759,984$10,089,542
88$13,174,155$2,983,730$1,729,879$10,981,291
89$14,426,049$3,038,063$1,695,960$11,960,993
90$15,802,742$3,092,164$1,658,010$13,037,571
91$17,316,872$3,145,931$1,615,805$14,220,860
92$18,982,365$3,199,253$1,569,106$15,521,698
93$20,814,562$3,252,013$1,517,667$16,952,031
94$22,830,367$3,304,081$1,461,229$18,525,021
95$25,048,405$3,355,321$1,399,520$20,255,174
96$27,489,197$3,405,586$1,332,259$22,158,478
97$30,175,354$3,454,719$1,259,148$24,252,551
98$33,131,790$3,502,551$1,179,880$26,556,810
99$36,385,957$3,548,900$1,094,130$29,092,653
100$39,968,103$3,593,575$1,001,562$31,883,661