Can I retire at age 65 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$148,642$147,318$146,027$144,766$143,535$140,809
2 years$73,585$72,215$70,887$69,599$68,350$65,615
3 years$48,570$47,193$45,868$44,593$43,364$40,704
4 years$36,064$34,692$33,380$32,127$30,928$28,364
5 years$28,563$27,199$25,905$24,676$23,511$21,050
6 years$23,564$22,210$20,935$19,734$18,603$16,249
7 years$19,994$18,652$17,397$16,224$15,129$12,882
8 years$17,318$15,988$14,754$13,610$12,551$10,410
9 years$15,238$13,921$12,708$11,593$10,570$8,533
10 years$13,575$12,270$11,079$9,993$9,006$7,072
11 years$12,215$10,924$9,754$8,697$7,746$5,912
12 years$11,083$9,804$8,656$7,628$6,712$4,976
13 years$10,125$8,860$7,734$6,735$5,853$4,212
14 years$9,305$8,054$6,949$5,978$5,131$3,582
15 years$8,595$7,357$6,274$5,332$4,518$3,058
16 years$7,975$6,750$5,688$4,774$3,993$2,619
17 years$7,428$6,217$5,176$4,289$3,540$2,249
18 years$6,942$5,744$4,725$3,866$3,148$1,935
19 years$6,508$5,324$4,325$3,493$2,806$1,669
20 years$6,118$4,947$3,970$3,163$2,506$1,441
21 years$5,765$4,608$3,651$2,871$2,243$1,246
22 years$5,445$4,302$3,365$2,610$2,010$1,079
23 years$5,153$4,023$3,107$2,377$1,804$936
24 years$4,886$3,769$2,874$2,168$1,622$812
25 years$4,641$3,537$2,662$1,980$1,459$705
26 years$4,415$3,325$2,468$1,811$1,315$612
27 years$4,206$3,129$2,292$1,657$1,185$532
28 years$4,012$2,948$2,131$1,518$1,069$463
29 years$3,832$2,781$1,983$1,392$966$403
30 years$3,664$2,627$1,847$1,278$873$351
31 years$3,507$2,483$1,722$1,174$789$305
32 years$3,361$2,350$1,607$1,079$714$266
33 years$3,224$2,225$1,500$992$646$232
34 years$3,095$2,109$1,402$913$585$202
35 years$2,973$2,000$1,310$840$530$176
36 years$2,859$1,898$1,226$774$480$153
37 years$2,751$1,803$1,147$713$435$134
38 years$2,649$1,714$1,074$657$394$117
39 years$2,552$1,629$1,007$606$358$102
40 years$2,461$1,550$944$559$324$89
41 years$2,374$1,476$885$516$294$77
42 years$2,292$1,405$830$476$267$67
43 years$2,213$1,339$779$439$242$59
44 years$2,139$1,276$731$406$220$51
45 years$2,068$1,217$686$375$200$45
46 years$2,000$1,161$645$346$181$39
47 years$1,935$1,108$606$320$165$34
48 years$1,873$1,058$569$295$149$30
49 years$1,814$1,010$535$273$136$26
50 years$1,757$965$503$252$123$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,800,000, adding $4,235 every year, while hoping to spend $26,578 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: 75/5/20 Blend
64$1,800,000$1,800,000$1,800,000$1,800,000
65$1,987,968$1,892,568$1,864,668$2,127,374
66$2,162,462$1,957,025$1,898,856$2,284,837
67$2,353,864$2,023,750$1,933,298$2,453,725
68$2,563,870$2,092,825$1,967,975$2,638,165
69$2,794,348$2,164,338$2,002,866$2,839,699
70$3,047,358$2,238,376$2,037,948$3,060,030
71$3,325,166$2,315,035$2,073,197$3,301,032
72$3,630,271$2,394,409$2,108,587$3,564,768
73$3,965,423$2,476,599$2,144,089$3,853,512
74$4,333,654$2,561,711$2,179,674$4,169,769
75$4,738,303$2,649,851$2,215,309$4,516,298
76$5,183,048$2,741,132$2,250,961$4,896,138
77$5,671,943$2,835,671$2,286,592$5,312,637
78$6,209,452$2,933,590$2,322,164$5,769,484
79$6,800,494$3,035,014$2,357,635$6,270,743
80$7,450,490$3,140,076$2,392,961$6,820,891
81$8,165,411$3,248,910$2,428,095$7,424,861
82$8,951,834$3,361,658$2,462,988$8,088,088
83$9,817,010$3,478,468$2,497,587$8,816,559
84$10,768,925$3,599,492$2,531,836$9,616,873
85$11,816,378$3,724,890$2,565,675$10,496,298
86$12,969,065$3,854,827$2,599,042$11,462,844
87$14,237,671$3,989,474$2,631,871$12,525,336
88$15,633,965$4,129,010$2,664,090$13,693,498
89$17,170,919$4,273,622$2,695,627$14,978,045
90$18,862,825$4,423,501$2,726,402$16,390,783
91$20,725,430$4,578,849$2,756,334$17,944,722
92$22,776,086$4,739,875$2,785,333$19,654,195
93$25,033,914$4,906,797$2,813,309$21,534,998
94$27,519,983$5,079,839$2,840,165$23,604,538
95$30,257,508$5,259,238$2,865,797$25,881,991
96$33,272,071$5,445,237$2,890,098$28,388,494
97$36,591,860$5,638,092$2,912,955$31,147,333
98$40,247,938$5,838,067$2,934,247$34,184,171
99$44,274,533$6,045,438$2,953,850$37,527,286
100$48,709,362$6,260,491$2,971,630$41,207,839