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%15.9%
1 years$146,991$145,681$144,404$143,157$141,940$138,508
2 years$72,768$71,412$70,099$68,826$67,590$64,154
3 years$48,030$46,669$45,359$44,097$42,882$39,548
4 years$35,663$34,307$33,010$31,770$30,584$27,378
5 years$28,246$26,897$25,617$24,402$23,249$20,180
6 years$23,302$21,963$20,702$19,515$18,396$15,467
7 years$19,772$18,445$17,204$16,044$14,961$12,173
8 years$17,126$15,810$14,590$13,459$12,412$9,762
9 years$15,069$13,766$12,566$11,464$10,453$7,940
10 years$13,424$12,134$10,956$9,882$8,906$6,528
11 years$12,079$10,802$9,645$8,600$7,660$5,412
12 years$10,960$9,695$8,560$7,544$6,638$4,518
13 years$10,013$8,762$7,648$6,660$5,788$3,791
14 years$9,202$7,964$6,871$5,912$5,074$3,196
15 years$8,500$7,275$6,204$5,272$4,467$2,703
16 years$7,886$6,675$5,625$4,721$3,948$2,294
17 years$7,345$6,148$5,118$4,242$3,501$1,951
18 years$6,865$5,681$4,672$3,823$3,113$1,663
19 years$6,436$5,265$4,277$3,454$2,774$1,420
20 years$6,050$4,892$3,926$3,128$2,478$1,215
21 years$5,701$4,557$3,611$2,839$2,218$1,040
22 years$5,384$4,254$3,328$2,581$1,988$892
23 years$5,096$3,978$3,073$2,351$1,784$765
24 years$4,832$3,728$2,842$2,144$1,604$657
25 years$4,589$3,498$2,632$1,958$1,443$565
26 years$4,366$3,288$2,441$1,790$1,300$485
27 years$4,159$3,094$2,267$1,639$1,172$418
28 years$3,967$2,916$2,107$1,502$1,058$359
29 years$3,789$2,750$1,961$1,377$955$309
30 years$3,623$2,598$1,827$1,264$863$266
31 years$3,468$2,456$1,703$1,161$780$230
32 years$3,324$2,323$1,589$1,067$706$198
33 years$3,188$2,200$1,483$981$639$170
34 years$3,060$2,085$1,386$902$578$147
35 years$2,940$1,978$1,296$831$524$127
36 years$2,827$1,877$1,212$765$475$109
37 years$2,720$1,783$1,135$705$430$94
38 years$2,619$1,695$1,063$650$390$81
39 years$2,524$1,611$995$599$354$70
40 years$2,434$1,533$933$553$321$60
41 years$2,348$1,459$875$510$291$52
42 years$2,266$1,390$821$471$264$45
43 years$2,189$1,324$770$434$240$39
44 years$2,115$1,262$723$401$217$33
45 years$2,045$1,204$679$370$197$29
46 years$1,978$1,148$638$342$179$25
47 years$1,914$1,096$599$316$163$21
48 years$1,852$1,046$563$292$148$19
49 years$1,794$999$529$270$134$16
50 years$1,738$954$497$250$122$14

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 $3,921 every year, while hoping to spend $23,710 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: 67/16/17 Blend
64$1,780,000$1,780,000$1,780,000$1,780,000
65$1,965,605$1,871,265$1,843,675$2,088,951
66$2,140,869$1,937,729$1,880,210$2,238,327
67$2,333,216$2,006,656$1,917,175$2,398,472
68$2,544,362$2,078,141$1,954,559$2,573,003
69$2,776,200$2,152,282$1,992,350$2,763,331
70$3,030,813$2,229,185$2,030,534$2,971,010
71$3,310,497$2,308,956$2,069,098$3,197,750
72$3,617,781$2,391,708$2,108,026$3,445,434
73$3,955,450$2,477,558$2,147,301$3,716,137
74$4,326,575$2,566,627$2,186,904$4,012,141
75$4,734,536$2,659,042$2,226,816$4,335,962
76$5,183,058$2,754,934$2,267,014$4,690,367
77$5,676,246$2,854,442$2,307,475$5,078,406
78$6,218,622$2,957,708$2,348,174$5,503,438
79$6,815,167$3,064,881$2,389,083$5,969,161
80$7,471,370$3,176,117$2,430,173$6,479,648
81$8,193,279$3,291,576$2,471,414$7,039,388
82$8,987,557$3,411,427$2,512,770$7,653,321
83$9,861,547$3,535,846$2,554,206$8,326,892
84$10,823,337$3,665,015$2,595,685$9,066,097
85$11,881,841$3,799,124$2,637,164$9,877,543
86$13,046,880$3,938,372$2,678,600$10,768,507
87$14,329,275$4,082,966$2,719,947$11,747,005
88$15,740,951$4,233,121$2,761,154$12,821,868
89$17,295,045$4,389,061$2,802,170$14,002,826
90$19,006,035$4,551,020$2,842,938$15,300,597
91$20,889,873$4,719,243$2,883,399$16,726,991
92$22,964,138$4,893,983$2,923,490$18,295,016
93$25,248,197$5,075,506$2,963,145$20,019,008
94$27,763,395$5,264,087$3,002,292$21,914,759
95$30,533,249$5,460,015$3,040,856$23,999,668
96$33,583,674$5,663,590$3,078,759$26,292,907
97$36,943,228$5,875,125$3,115,917$28,815,597
98$40,643,379$6,094,947$3,152,241$31,591,013
99$44,718,800$6,323,397$3,187,638$34,644,798
100$49,207,704$6,560,829$3,222,010$38,005,206