Can I retire at age 65 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$146,991$145,681$144,404$143,157$141,940$138,790
2 years$72,768$71,412$70,099$68,826$67,590$64,434
3 years$48,030$46,669$45,359$44,097$42,882$39,817
4 years$35,663$34,307$33,010$31,770$30,584$27,634
5 years$28,246$26,897$25,617$24,402$23,249$20,422
6 years$23,302$21,963$20,702$19,515$18,396$15,696
7 years$19,772$18,445$17,204$16,044$14,961$12,387
8 years$17,126$15,810$14,590$13,459$12,412$9,964
9 years$15,069$13,766$12,566$11,464$10,453$8,128
10 years$13,424$12,134$10,956$9,882$8,906$6,703
11 years$12,079$10,802$9,645$8,600$7,660$5,575
12 years$10,960$9,695$8,560$7,544$6,638$4,669
13 years$10,013$8,762$7,648$6,660$5,788$3,931
14 years$9,202$7,964$6,871$5,912$5,074$3,325
15 years$8,500$7,275$6,204$5,272$4,467$2,823
16 years$7,886$6,675$5,625$4,721$3,948$2,404
17 years$7,345$6,148$5,118$4,242$3,501$2,052
18 years$6,865$5,681$4,672$3,823$3,113$1,756
19 years$6,436$5,265$4,277$3,454$2,774$1,505
20 years$6,050$4,892$3,926$3,128$2,478$1,292
21 years$5,701$4,557$3,611$2,839$2,218$1,111
22 years$5,384$4,254$3,328$2,581$1,988$956
23 years$5,096$3,978$3,073$2,351$1,784$823
24 years$4,832$3,728$2,842$2,144$1,604$710
25 years$4,589$3,498$2,632$1,958$1,443$612
26 years$4,366$3,288$2,441$1,790$1,300$529
27 years$4,159$3,094$2,267$1,639$1,172$457
28 years$3,967$2,916$2,107$1,502$1,058$395
29 years$3,789$2,750$1,961$1,377$955$341
30 years$3,623$2,598$1,827$1,264$863$295
31 years$3,468$2,456$1,703$1,161$780$255
32 years$3,324$2,323$1,589$1,067$706$221
33 years$3,188$2,200$1,483$981$639$191
34 years$3,060$2,085$1,386$902$578$165
35 years$2,940$1,978$1,296$831$524$143
36 years$2,827$1,877$1,212$765$475$124
37 years$2,720$1,783$1,135$705$430$107
38 years$2,619$1,695$1,063$650$390$93
39 years$2,524$1,611$995$599$354$80
40 years$2,434$1,533$933$553$321$70
41 years$2,348$1,459$875$510$291$60
42 years$2,266$1,390$821$471$264$52
43 years$2,189$1,324$770$434$240$45
44 years$2,115$1,262$723$401$217$39
45 years$2,045$1,204$679$370$197$34
46 years$1,978$1,148$638$342$179$29
47 years$1,914$1,096$599$316$163$26
48 years$1,852$1,046$563$292$148$22
49 years$1,794$999$529$270$134$19
50 years$1,738$954$497$250$122$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,780,000, adding $4,390 every year, while hoping to spend $21,688 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: 49/34/17 Blend
64$1,780,000$1,780,000$1,780,000$1,780,000
65$1,966,088$1,871,748$1,844,158$2,052,908
66$2,143,553$1,940,388$1,882,862$2,182,013
67$2,338,393$2,011,664$1,922,135$2,319,597
68$2,552,357$2,085,683$1,961,974$2,468,586
69$2,787,371$2,162,556$2,002,374$2,630,061
70$3,045,559$2,242,397$2,043,330$2,805,207
71$3,329,260$2,325,328$2,084,835$2,995,329
72$3,641,049$2,411,474$2,126,881$3,201,863
73$3,983,765$2,500,965$2,169,461$3,426,385
74$4,360,535$2,593,938$2,212,564$3,670,631
75$4,774,803$2,690,536$2,256,179$3,936,511
76$5,230,367$2,790,905$2,300,294$4,226,124
77$5,731,406$2,895,202$2,344,896$4,541,782
78$6,282,530$3,003,586$2,389,970$4,886,027
79$6,888,813$3,116,227$2,435,499$5,261,658
80$7,555,849$3,233,300$2,481,466$5,671,754
81$8,289,801$3,354,986$2,527,850$6,119,705
82$9,097,458$3,481,479$2,574,630$6,609,241
83$9,986,302$3,612,975$2,621,784$7,144,470
84$10,964,577$3,749,683$2,669,286$7,729,912
85$12,041,366$3,891,819$2,717,109$8,370,545
86$13,226,677$4,039,610$2,765,224$9,071,848
87$14,531,538$4,193,291$2,813,599$9,839,856
88$15,968,101$4,353,108$2,862,200$10,681,211
89$17,549,755$4,519,318$2,910,992$11,603,230
90$19,291,254$4,692,188$2,959,934$12,613,967
91$21,208,856$4,872,000$3,008,986$13,722,294
92$23,320,475$5,059,043$3,058,103$14,937,981
93$25,645,851$5,253,624$3,107,237$16,271,787
94$28,206,737$5,456,060$3,156,338$17,735,563
95$31,027,100$5,666,683$3,205,351$19,342,360
96$34,133,353$5,885,840$3,254,220$21,106,555
97$37,554,602$6,113,893$3,302,883$23,043,981
98$41,322,916$6,351,219$3,351,274$25,172,079
99$45,473,638$6,598,212$3,399,326$27,510,063
100$50,045,710$6,855,286$3,446,965$30,079,095