Can I retire at age 65 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$145,339$144,045$142,781$141,549$140,345$135,043
2 years$71,950$70,610$69,311$68,052$66,831$61,551
3 years$47,490$46,144$44,849$43,602$42,400$37,309
4 years$35,263$33,921$32,639$31,413$30,240$25,375
5 years$27,928$26,595$25,329$24,128$22,988$18,363
6 years$23,040$21,716$20,470$19,295$18,190$13,807
7 years$19,550$18,237$17,010$15,864$14,793$10,651
8 years$16,933$15,633$14,426$13,308$12,272$8,368
9 years$14,900$13,611$12,425$11,335$10,335$6,663
10 years$13,273$11,998$10,833$9,771$8,806$5,359
11 years$11,944$10,681$9,537$8,504$7,573$4,344
12 years$10,836$9,586$8,464$7,459$6,563$3,542
13 years$9,900$8,663$7,562$6,585$5,723$2,903
14 years$9,099$7,875$6,794$5,846$5,017$2,388
15 years$8,404$7,194$6,134$5,213$4,417$1,971
16 years$7,797$6,600$5,562$4,668$3,904$1,631
17 years$7,263$6,078$5,061$4,194$3,461$1,352
18 years$6,788$5,617$4,620$3,780$3,078$1,123
19 years$6,363$5,206$4,229$3,415$2,743$934
20 years$5,982$4,837$3,881$3,093$2,450$778
21 years$5,637$4,506$3,570$2,807$2,193$648
22 years$5,324$4,206$3,290$2,552$1,966$541
23 years$5,039$3,934$3,038$2,325$1,764$451
24 years$4,777$3,686$2,810$2,120$1,586$377
25 years$4,538$3,459$2,602$1,936$1,427$315
26 years$4,316$3,251$2,414$1,770$1,285$263
27 years$4,112$3,059$2,241$1,620$1,159$220
28 years$3,923$2,883$2,084$1,485$1,046$184
29 years$3,747$2,720$1,939$1,361$944$154
30 years$3,583$2,568$1,806$1,250$853$129
31 years$3,429$2,428$1,684$1,148$771$108
32 years$3,286$2,297$1,571$1,055$698$90
33 years$3,152$2,176$1,467$970$631$76
34 years$3,026$2,062$1,370$892$572$63
35 years$2,907$1,956$1,281$821$518$53
36 years$2,795$1,856$1,199$757$469$44
37 years$2,690$1,763$1,122$697$425$37
38 years$2,590$1,676$1,051$642$386$31
39 years$2,496$1,593$984$592$350$26
40 years$2,406$1,516$923$546$317$22
41 years$2,321$1,443$865$504$288$18
42 years$2,241$1,374$811$465$261$15
43 years$2,164$1,309$761$429$237$13
44 years$2,091$1,248$715$397$215$11
45 years$2,022$1,190$671$366$195$9
46 years$1,955$1,135$630$338$177$8
47 years$1,892$1,083$592$313$161$6
48 years$1,832$1,034$557$289$146$5
49 years$1,774$988$523$267$133$4
50 years$1,718$944$492$247$121$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,760,000, adding $4,580 every year, while hoping to spend $50,593 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: 45/35/20 Blend
64$1,760,000$1,760,000$1,760,000$1,760,000
65$1,944,244$1,850,964$1,823,684$2,020,358
66$2,088,727$1,887,831$1,830,947$2,111,128
67$2,246,251$1,924,808$1,836,758$2,204,140
68$2,418,093$1,961,849$1,841,014$2,303,957
69$2,605,659$1,998,900$1,843,608$2,411,237
70$2,810,495$2,035,906$1,844,429$2,526,701
71$3,034,306$2,072,805$1,843,357$2,651,149
72$3,278,965$2,109,532$1,840,269$2,785,460
73$3,546,537$2,146,016$1,835,035$2,930,604
74$3,839,294$2,182,182$1,827,520$3,087,654
75$4,159,739$2,217,946$1,817,579$3,257,791
76$4,510,629$2,253,221$1,805,064$3,442,317
77$4,894,996$2,287,913$1,789,817$3,642,672
78$5,316,184$2,321,919$1,771,674$3,860,441
79$5,777,873$2,355,131$1,750,463$4,097,374
80$6,284,117$2,387,433$1,726,005$4,355,401
81$6,839,380$2,418,700$1,698,109$4,636,652
82$7,448,579$2,448,799$1,666,578$4,943,476
83$8,117,132$2,477,588$1,631,206$5,278,464
84$8,851,004$2,504,915$1,591,776$5,644,474
85$9,656,768$2,530,617$1,548,062$6,044,660
86$10,541,663$2,554,522$1,499,827$6,482,499
87$11,513,665$2,576,445$1,446,823$6,961,828
88$12,581,558$2,596,190$1,388,791$7,486,877
89$13,755,021$2,613,548$1,325,460$8,062,314
90$15,044,718$2,628,296$1,256,547$8,693,287
91$16,462,394$2,640,198$1,181,756$9,385,471
92$18,020,991$2,649,000$1,100,778$10,145,130
93$19,734,767$2,654,436$1,013,289$10,979,168
94$21,619,430$2,656,221$918,952$11,895,202
95$23,692,289$2,654,053$817,413$12,901,630
96$25,972,411$2,647,610$708,305$14,007,715
97$28,480,806$2,636,551$591,242$15,223,671
98$31,240,622$2,620,516$465,823$16,560,762
99$34,277,365$2,599,121$331,627$18,031,408
100$37,619,137$2,571,959$188,217$19,649,307