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

Use the below retirement simulation to view the chances of a successful retirement.
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 $3,348 every year, while hoping to spend $29,658 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: 45/50/5 Blend
64$1,800,000$1,800,000$1,800,000$1,800,000
65$1,987,053$1,891,653$1,863,753$2,073,613
66$2,158,177$1,952,789$1,894,633$2,194,657
67$2,345,761$2,015,925$1,925,554$2,322,465
68$2,551,454$2,081,130$1,956,484$2,460,340
69$2,777,069$2,148,473$1,987,394$2,609,217
70$3,024,606$2,218,024$2,018,248$2,770,124
71$3,296,267$2,289,859$2,049,010$2,944,188
72$3,594,477$2,364,052$2,079,642$3,132,651
73$3,921,906$2,440,683$2,110,103$3,336,877
74$4,281,498$2,519,835$2,140,349$3,558,366
75$4,676,495$2,601,590$2,170,335$3,798,767
76$5,110,467$2,686,038$2,200,011$4,059,895
77$5,587,350$2,773,269$2,229,326$4,343,745
78$6,111,475$2,863,375$2,258,224$4,652,514
79$6,687,620$2,956,454$2,286,649$4,988,618
80$7,321,044$3,052,607$2,314,538$5,354,713
81$8,017,542$3,151,937$2,341,827$5,753,726
82$8,783,501$3,254,551$2,368,448$6,188,875
83$9,625,954$3,360,560$2,394,327$6,663,705
84$10,552,654$3,470,080$2,419,390$7,182,115
85$11,572,140$3,583,230$2,443,554$7,748,399
86$12,693,822$3,700,131$2,466,737$8,367,283
87$13,928,067$3,820,913$2,488,848$9,043,971
88$15,286,298$3,945,706$2,509,793$9,784,191
89$16,781,102$4,074,648$2,529,473$10,594,253
90$18,426,348$4,207,879$2,547,783$11,481,103
91$20,237,317$4,345,546$2,564,615$12,452,389
92$22,230,846$4,487,800$2,579,852$13,516,535
93$24,425,488$4,634,799$2,593,374$14,682,819
94$26,841,688$4,786,704$2,605,051$15,961,455
95$29,501,971$4,943,683$2,614,752$17,363,697
96$32,431,160$5,105,911$2,622,334$18,901,938
97$35,656,605$5,273,568$2,627,649$20,589,829
98$39,208,446$5,446,840$2,630,543$22,442,405
99$43,119,893$5,625,921$2,630,852$24,476,229
100$47,427,542$5,811,011$2,628,405$26,709,545