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%13.6%
1 years$142,862$141,589$140,348$139,136$137,953$135,891
2 years$70,724$69,406$68,130$66,892$65,692$63,619
3 years$46,681$45,358$44,085$42,859$41,678$39,659
4 years$34,662$33,343$32,082$30,877$29,725$27,775
5 years$27,452$26,141$24,897$23,717$22,596$20,722
6 years$22,647$21,346$20,121$18,966$17,880$16,082
7 years$19,217$17,927$16,720$15,593$14,541$12,821
8 years$16,645$15,366$14,180$13,081$12,063$10,421
9 years$14,646$13,379$12,213$11,142$10,159$8,593
10 years$13,047$11,793$10,648$9,604$8,656$7,166
11 years$11,740$10,499$9,374$8,359$7,444$6,028
12 years$10,652$9,423$8,319$7,332$6,451$5,107
13 years$9,732$8,516$7,433$6,473$5,626$4,351
14 years$8,943$7,741$6,678$5,746$4,931$3,726
15 years$8,261$7,071$6,030$5,124$4,342$3,202
16 years$7,665$6,488$5,467$4,588$3,837$2,762
17 years$7,139$5,975$4,975$4,123$3,402$2,388
18 years$6,672$5,521$4,541$3,715$3,025$2,070
19 years$6,255$5,117$4,157$3,357$2,697$1,798
20 years$5,880$4,755$3,815$3,040$2,409$1,565
21 years$5,541$4,429$3,509$2,759$2,155$1,364
22 years$5,233$4,134$3,234$2,509$1,932$1,190
23 years$4,953$3,867$2,986$2,285$1,734$1,039
24 years$4,696$3,623$2,762$2,084$1,559$909
25 years$4,460$3,400$2,558$1,903$1,403$795
26 years$4,243$3,195$2,372$1,740$1,264$697
27 years$4,042$3,007$2,203$1,593$1,139$610
28 years$3,856$2,834$2,048$1,459$1,028$535
29 years$3,683$2,673$1,906$1,338$928$470
30 years$3,522$2,525$1,775$1,228$839$412
31 years$3,371$2,387$1,655$1,128$758$362
32 years$3,230$2,258$1,544$1,037$686$318
33 years$3,098$2,139$1,442$953$621$279
34 years$2,974$2,027$1,347$877$562$245
35 years$2,858$1,922$1,259$807$509$216
36 years$2,748$1,825$1,178$744$461$189
37 years$2,644$1,733$1,103$685$418$167
38 years$2,546$1,647$1,033$632$379$146
39 years$2,453$1,566$968$582$344$129
40 years$2,365$1,490$907$537$312$113
41 years$2,282$1,418$850$496$283$100
42 years$2,203$1,351$798$457$257$88
43 years$2,127$1,287$748$422$233$77
44 years$2,055$1,227$703$390$211$68
45 years$1,987$1,170$660$360$192$60
46 years$1,922$1,116$620$333$174$53
47 years$1,860$1,065$582$307$158$46
48 years$1,800$1,017$547$284$144$41
49 years$1,743$971$514$262$130$36
50 years$1,689$927$483$242$119$32

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 $4,247 every year, while hoping to spend $43,221 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: 51/40/9 Blend
64$1,730,000$1,730,000$1,730,000$1,730,000
65$1,910,841$1,819,151$1,792,336$2,003,634
66$2,059,760$1,862,302$1,806,392$2,110,502
67$2,222,420$1,906,120$1,819,471$2,221,631
68$2,400,177$1,950,590$1,831,494$2,341,423
69$2,594,524$1,995,698$1,842,378$2,470,705
70$2,807,105$2,041,427$1,852,037$2,610,384
71$3,039,729$2,087,756$1,860,379$2,761,462
72$3,294,389$2,134,664$1,867,310$2,925,039
73$3,573,280$2,182,125$1,872,728$3,102,331
74$3,878,817$2,230,112$1,876,527$3,294,672
75$4,213,663$2,278,594$1,878,597$3,503,536
76$4,580,749$2,327,537$1,878,822$3,730,546
77$4,983,301$2,376,903$1,877,079$3,977,488
78$5,424,877$2,426,650$1,873,240$4,246,331
79$5,909,391$2,476,733$1,867,170$4,539,245
80$6,441,159$2,527,102$1,858,730$4,858,620
81$7,024,930$2,577,703$1,847,770$5,207,091
82$7,665,939$2,628,476$1,834,137$5,587,559
83$8,369,951$2,679,359$1,817,667$6,003,224
84$9,143,319$2,730,280$1,798,192$6,457,611
85$9,993,039$2,781,165$1,775,532$6,954,603
86$10,926,818$2,831,932$1,749,502$7,498,481
87$11,953,150$2,882,492$1,719,907$8,093,964
88$13,081,389$2,932,752$1,686,542$8,746,249
89$14,321,843$2,982,609$1,649,193$9,461,069
90$15,685,867$3,031,953$1,607,636$10,244,737
91$17,185,971$3,080,665$1,561,638$11,104,215
92$18,835,941$3,128,618$1,510,954$12,047,173
93$20,650,964$3,175,677$1,455,328$13,082,065
94$22,647,772$3,221,695$1,394,491$14,218,212
95$24,844,802$3,266,516$1,328,164$15,465,882
96$27,262,369$3,309,972$1,256,054$16,836,395
97$29,922,854$3,351,884$1,177,856$18,342,228
98$32,850,921$3,392,062$1,093,249$19,997,132
99$36,073,742$3,430,300$1,001,900$21,816,261
100$39,621,259$3,466,380$903,460$23,816,321