Can I retire at age 65 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$146,165$144,863$143,593$142,353$141,142$140,429
2 years$72,359$71,011$69,705$68,439$67,211$66,491
3 years$47,760$46,407$45,104$43,849$42,641$41,937
4 years$35,463$34,114$32,824$31,591$30,412$29,729
5 years$28,087$26,746$25,473$24,265$23,119$22,459
6 years$23,171$21,840$20,586$19,405$18,293$17,658
7 years$19,661$18,341$17,107$15,954$14,877$14,266
8 years$17,030$15,722$14,508$13,383$12,342$11,755
9 years$14,984$13,689$12,496$11,400$10,394$9,831
10 years$13,349$12,066$10,894$9,827$8,856$8,317
11 years$12,012$10,741$9,591$8,552$7,616$7,101
12 years$10,898$9,641$8,512$7,501$6,600$6,108
13 years$9,957$8,713$7,605$6,623$5,756$5,286
14 years$9,150$7,920$6,833$5,879$5,045$4,598
15 years$8,452$7,235$6,169$5,243$4,442$4,017
16 years$7,842$6,638$5,593$4,694$3,926$3,522
17 years$7,304$6,113$5,090$4,218$3,481$3,097
18 years$6,826$5,649$4,646$3,801$3,095$2,731
19 years$6,399$5,235$4,253$3,435$2,759$2,414
20 years$6,016$4,865$3,904$3,111$2,464$2,138
21 years$5,669$4,531$3,590$2,823$2,205$1,896
22 years$5,354$4,230$3,309$2,567$1,977$1,685
23 years$5,067$3,956$3,055$2,338$1,774$1,499
24 years$4,805$3,707$2,826$2,132$1,595$1,335
25 years$4,563$3,478$2,617$1,947$1,435$1,191
26 years$4,341$3,269$2,427$1,780$1,293$1,063
27 years$4,135$3,077$2,254$1,630$1,166$949
28 years$3,945$2,899$2,095$1,493$1,052$848
29 years$3,768$2,735$1,950$1,369$950$759
30 years$3,603$2,583$1,816$1,257$858$679
31 years$3,449$2,442$1,693$1,154$776$608
32 years$3,305$2,310$1,580$1,061$702$545
33 years$3,170$2,188$1,475$975$635$488
34 years$3,043$2,074$1,378$897$575$438
35 years$2,924$1,967$1,289$826$521$392
36 years$2,811$1,867$1,205$761$472$352
37 years$2,705$1,773$1,128$701$428$316
38 years$2,605$1,685$1,057$646$388$283
39 years$2,510$1,602$990$596$352$254
40 years$2,420$1,524$928$550$319$228
41 years$2,335$1,451$870$507$289$205
42 years$2,253$1,382$816$468$263$184
43 years$2,176$1,317$766$432$238$165
44 years$2,103$1,255$719$399$216$149
45 years$2,033$1,197$675$368$196$134
46 years$1,966$1,142$634$340$178$120
47 years$1,903$1,090$596$314$162$108
48 years$1,842$1,040$560$290$147$97
49 years$1,784$993$526$268$134$87
50 years$1,728$949$495$248$121$78

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,770,000, adding $5,346 every year, while hoping to spend $32,298 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: 40/46/14 Blend
64$1,770,000$1,770,000$1,770,000$1,770,000
65$1,956,054$1,862,244$1,834,809$2,025,940
66$2,121,207$1,919,130$1,861,911$2,132,823
67$2,302,123$1,977,720$1,888,837$2,244,812
68$2,500,376$2,038,064$1,915,550$2,365,261
69$2,717,698$2,100,213$1,942,005$2,494,953
70$2,956,000$2,164,220$1,968,158$2,634,747
71$3,217,383$2,230,138$1,993,962$2,785,589
72$3,504,162$2,298,021$2,019,367$2,948,520
73$3,818,890$2,367,927$2,044,318$3,124,683
74$4,164,374$2,439,914$2,068,761$3,315,337
75$4,543,711$2,514,040$2,092,635$3,521,867
76$4,960,309$2,590,367$2,115,878$3,745,794
77$5,417,924$2,668,959$2,138,423$3,988,797
78$5,920,693$2,749,879$2,160,201$4,252,720
79$6,473,174$2,833,193$2,181,138$4,539,592
80$7,080,388$2,918,970$2,201,157$4,851,649
81$7,747,867$3,007,278$2,220,175$5,191,352
82$8,481,705$3,098,191$2,238,106$5,561,408
83$9,288,616$3,191,779$2,254,860$5,964,800
84$10,175,999$3,288,120$2,270,341$6,404,811
85$11,152,002$3,387,290$2,284,449$6,885,057
86$12,225,607$3,489,367$2,297,079$7,409,518
87$13,406,706$3,594,433$2,308,118$7,982,580
88$14,706,202$3,702,572$2,317,452$8,609,070
89$16,136,104$3,813,868$2,324,956$9,294,307
90$17,709,647$3,928,408$2,330,502$10,044,148
91$19,441,413$4,046,281$2,333,956$10,865,044
92$21,347,468$4,167,580$2,335,175$11,764,101
93$23,445,516$4,292,399$2,334,010$12,749,147
94$25,755,065$4,420,832$2,330,305$13,828,804
95$28,297,608$4,552,979$2,323,897$15,012,571
96$31,096,829$4,688,940$2,314,612$16,310,913
97$34,178,826$4,828,819$2,302,273$17,735,355
98$37,572,356$4,972,720$2,286,688$19,298,599
99$41,309,105$5,120,753$2,267,661$21,014,635
100$45,423,991$5,273,026$2,244,984$22,898,879