Can I retire at age 65 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$149,468$148,137$146,838$145,570$144,332$142,706
2 years$73,994$72,616$71,280$69,986$68,729$67,093
3 years$48,839$47,455$46,123$44,840$43,605$42,008
4 years$36,265$34,885$33,566$32,305$31,099$29,555
5 years$28,722$27,350$26,048$24,813$23,641$22,153
6 years$23,695$22,333$21,051$19,843$18,706$17,277
7 years$20,105$18,756$17,494$16,314$15,213$13,843
8 years$17,414$16,077$14,836$13,686$12,621$11,310
9 years$15,323$13,998$12,778$11,657$10,629$9,376
10 years$13,650$12,338$11,140$10,049$9,056$7,861
11 years$12,283$10,984$9,808$8,745$7,789$6,650
12 years$11,144$9,859$8,704$7,671$6,749$5,666
13 years$10,182$8,909$7,777$6,772$5,886$4,857
14 years$9,357$8,098$6,987$6,012$5,159$4,183
15 years$8,643$7,398$6,309$5,361$4,543$3,618
16 years$8,019$6,788$5,720$4,800$4,015$3,139
17 years$7,469$6,251$5,205$4,313$3,560$2,732
18 years$6,980$5,776$4,751$3,887$3,165$2,384
19 years$6,544$5,353$4,349$3,512$2,821$2,084
20 years$6,152$4,975$3,992$3,181$2,520$1,826
21 years$5,797$4,634$3,672$2,887$2,255$1,602
22 years$5,475$4,325$3,384$2,625$2,021$1,407
23 years$5,182$4,045$3,124$2,391$1,815$1,238
24 years$4,913$3,790$2,890$2,180$1,631$1,090
25 years$4,666$3,557$2,676$1,991$1,468$961
26 years$4,439$3,343$2,482$1,821$1,322$847
27 years$4,229$3,146$2,305$1,666$1,192$748
28 years$4,034$2,965$2,143$1,527$1,075$661
29 years$3,853$2,797$1,994$1,400$971$584
30 years$3,684$2,641$1,857$1,285$877$516
31 years$3,527$2,497$1,732$1,180$793$456
32 years$3,380$2,363$1,616$1,085$718$404
33 years$3,241$2,237$1,508$997$649$357
34 years$3,112$2,121$1,409$918$588$316
35 years$2,990$2,011$1,318$845$533$280
36 years$2,875$1,909$1,233$778$483$248
37 years$2,766$1,813$1,154$717$437$220
38 years$2,664$1,723$1,080$661$396$195
39 years$2,567$1,639$1,012$609$360$173
40 years$2,475$1,559$949$562$326$153
41 years$2,387$1,484$890$518$296$136
42 years$2,304$1,413$835$478$268$120
43 years$2,226$1,347$783$442$244$107
44 years$2,151$1,284$735$408$221$95
45 years$2,079$1,224$690$377$201$84
46 years$2,011$1,168$648$348$182$74
47 years$1,946$1,114$609$321$166$66
48 years$1,884$1,064$572$297$150$59
49 years$1,824$1,016$538$274$137$52
50 years$1,767$970$506$254$124$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,810,000, adding $6,232 every year, while hoping to spend $50,091 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: 73/11/16 Blend
64$1,810,000$1,810,000$1,810,000$1,810,000
65$2,001,048$1,905,118$1,877,063$2,139,438
66$2,151,859$1,945,173$1,886,648$2,272,055
67$2,316,373$1,985,511$1,894,876$2,410,559
68$2,495,936$2,026,094$1,901,647$2,560,960
69$2,692,028$2,066,879$1,906,859$2,724,429
70$2,906,280$2,107,821$1,910,403$2,902,253
71$3,140,484$2,148,867$1,912,165$3,095,850
72$3,396,616$2,189,965$1,912,026$3,306,785
73$3,676,852$2,231,054$1,909,860$3,536,779
74$3,983,586$2,272,071$1,905,535$3,787,729
75$4,319,455$2,312,946$1,898,914$4,061,728
76$4,687,364$2,353,604$1,889,852$4,361,078
77$5,090,510$2,393,966$1,878,197$4,688,317
78$5,532,415$2,433,944$1,863,790$5,046,245
79$6,016,959$2,473,444$1,846,464$5,437,941
80$6,548,414$2,512,368$1,826,046$5,866,805
81$7,131,485$2,550,608$1,802,352$6,336,578
82$7,771,357$2,588,048$1,775,191$6,851,386
83$8,473,738$2,624,565$1,744,362$7,415,774
84$9,244,918$2,660,026$1,709,657$8,034,752
85$10,091,824$2,694,292$1,670,854$8,713,842
86$11,022,087$2,727,210$1,627,726$9,459,127
87$12,044,117$2,758,620$1,580,031$10,277,312
88$13,167,173$2,788,348$1,527,518$11,175,786
89$14,401,459$2,816,212$1,469,925$12,162,695
90$15,758,216$2,842,015$1,406,976$13,247,012
91$17,249,829$2,865,548$1,338,384$14,438,629
92$18,889,941$2,886,589$1,263,849$15,748,447
93$20,693,583$2,904,901$1,183,057$17,188,479
94$22,677,319$2,920,232$1,095,680$18,771,966
95$24,859,395$2,932,313$1,001,375$20,513,500
96$27,259,917$2,940,859$899,783$22,429,161
97$29,901,034$2,945,567$790,532$24,536,675
98$32,807,154$2,946,114$673,230$26,855,573
99$36,005,170$2,942,160$547,469$29,407,382
100$39,524,711$2,933,339$412,823$32,215,827