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%19.1%
1 years$148,642$147,318$146,027$144,766$143,535$138,277
2 years$73,585$72,215$70,887$69,599$68,350$63,111
3 years$48,570$47,193$45,868$44,593$43,364$38,309
4 years$36,064$34,692$33,380$32,127$30,928$26,095
5 years$28,563$27,199$25,905$24,676$23,511$18,914
6 years$23,564$22,210$20,935$19,734$18,603$14,245
7 years$19,994$18,652$17,397$16,224$15,129$11,008
8 years$17,318$15,988$14,754$13,610$12,551$8,664
9 years$15,238$13,921$12,708$11,593$10,570$6,911
10 years$13,575$12,270$11,079$9,993$9,006$5,569
11 years$12,215$10,924$9,754$8,697$7,746$4,523
12 years$11,083$9,804$8,656$7,628$6,712$3,696
13 years$10,125$8,860$7,734$6,735$5,853$3,035
14 years$9,305$8,054$6,949$5,978$5,131$2,502
15 years$8,595$7,357$6,274$5,332$4,518$2,070
16 years$7,975$6,750$5,688$4,774$3,993$1,716
17 years$7,428$6,217$5,176$4,289$3,540$1,426
18 years$6,942$5,744$4,725$3,866$3,148$1,187
19 years$6,508$5,324$4,325$3,493$2,806$990
20 years$6,118$4,947$3,970$3,163$2,506$826
21 years$5,765$4,608$3,651$2,871$2,243$690
22 years$5,445$4,302$3,365$2,610$2,010$577
23 years$5,153$4,023$3,107$2,377$1,804$483
24 years$4,886$3,769$2,874$2,168$1,622$404
25 years$4,641$3,537$2,662$1,980$1,459$338
26 years$4,415$3,325$2,468$1,811$1,315$284
27 years$4,206$3,129$2,292$1,657$1,185$238
28 years$4,012$2,948$2,131$1,518$1,069$199
29 years$3,832$2,781$1,983$1,392$966$167
30 years$3,664$2,627$1,847$1,278$873$140
31 years$3,507$2,483$1,722$1,174$789$118
32 years$3,361$2,350$1,607$1,079$714$99
33 years$3,224$2,225$1,500$992$646$83
34 years$3,095$2,109$1,402$913$585$69
35 years$2,973$2,000$1,310$840$530$58
36 years$2,859$1,898$1,226$774$480$49
37 years$2,751$1,803$1,147$713$435$41
38 years$2,649$1,714$1,074$657$394$34
39 years$2,552$1,629$1,007$606$358$29
40 years$2,461$1,550$944$559$324$24
41 years$2,374$1,476$885$516$294$20
42 years$2,292$1,405$830$476$267$17
43 years$2,213$1,339$779$439$242$14
44 years$2,139$1,276$731$406$220$12
45 years$2,068$1,217$686$375$200$10
46 years$2,000$1,161$645$346$181$9
47 years$1,935$1,108$606$320$165$7
48 years$1,873$1,058$569$295$149$6
49 years$1,814$1,010$535$273$136$5
50 years$1,757$965$503$252$123$4

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 $6,476 every year, while hoping to spend $50,460 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: 68/27/5 Blend
64$1,800,000$1,800,000$1,800,000$1,800,000
65$1,990,280$1,894,880$1,866,980$2,124,036
66$2,139,600$1,934,040$1,875,835$2,252,566
67$2,302,458$1,973,428$1,883,295$2,386,290
68$2,480,184$2,013,001$1,889,261$2,531,134
69$2,674,239$2,052,714$1,893,627$2,688,176
70$2,886,231$2,092,517$1,896,283$2,858,602
71$3,117,932$2,132,355$1,897,114$3,043,717
72$3,371,291$2,172,171$1,895,997$3,244,960
73$3,648,456$2,211,900$1,892,806$3,463,915
74$3,951,791$2,251,475$1,887,407$3,702,329
75$4,283,898$2,290,822$1,879,660$3,962,123
76$4,647,644$2,329,861$1,869,417$4,245,416
77$5,046,186$2,368,507$1,856,525$4,554,542
78$5,483,001$2,406,667$1,840,822$4,892,070
79$5,961,917$2,444,244$1,822,140$5,260,835
80$6,487,152$2,481,131$1,800,301$5,663,957
81$7,063,349$2,517,215$1,775,119$6,104,875
82$7,695,626$2,552,373$1,746,401$6,587,379
83$8,389,617$2,586,477$1,713,943$7,115,645
84$9,151,530$2,619,387$1,677,532$7,694,273
85$9,988,203$2,650,953$1,636,946$8,328,334
86$10,907,168$2,681,018$1,591,951$9,023,416
87$11,916,722$2,709,411$1,542,305$9,785,677
88$13,026,007$2,735,951$1,487,751$10,621,902
89$14,245,093$2,760,446$1,428,024$11,539,570
90$15,585,075$2,782,690$1,362,845$12,546,921
91$17,058,174$2,802,464$1,291,923$13,653,039
92$18,677,858$2,819,535$1,214,952$14,867,932
93$20,458,961$2,833,654$1,131,615$16,202,631
94$22,417,830$2,844,558$1,041,579$17,669,294
95$24,572,473$2,851,965$944,496$19,281,319
96$26,942,733$2,855,579$840,004$21,053,470
97$29,550,471$2,855,081$727,723$23,002,023
98$32,419,775$2,850,136$607,257$25,144,912
99$35,577,185$2,840,386$478,194$27,501,902
100$39,051,944$2,825,452$340,100$30,094,779