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%11.2%
1 years$149,468$148,137$146,838$145,570$144,332$143,603
2 years$73,994$72,616$71,280$69,986$68,729$67,994
3 years$48,839$47,455$46,123$44,840$43,605$42,885
4 years$36,265$34,885$33,566$32,305$31,099$30,401
5 years$28,722$27,350$26,048$24,813$23,641$22,967
6 years$23,695$22,333$21,051$19,843$18,706$18,057
7 years$20,105$18,756$17,494$16,314$15,213$14,588
8 years$17,414$16,077$14,836$13,686$12,621$12,021
9 years$15,323$13,998$12,778$11,657$10,629$10,053
10 years$13,650$12,338$11,140$10,049$9,056$8,505
11 years$12,283$10,984$9,808$8,745$7,789$7,262
12 years$11,144$9,859$8,704$7,671$6,749$6,246
13 years$10,182$8,909$7,777$6,772$5,886$5,406
14 years$9,357$8,098$6,987$6,012$5,159$4,702
15 years$8,643$7,398$6,309$5,361$4,543$4,108
16 years$8,019$6,788$5,720$4,800$4,015$3,601
17 years$7,469$6,251$5,205$4,313$3,560$3,167
18 years$6,980$5,776$4,751$3,887$3,165$2,793
19 years$6,544$5,353$4,349$3,512$2,821$2,468
20 years$6,152$4,975$3,992$3,181$2,520$2,186
21 years$5,797$4,634$3,672$2,887$2,255$1,939
22 years$5,475$4,325$3,384$2,625$2,021$1,723
23 years$5,182$4,045$3,124$2,391$1,815$1,533
24 years$4,913$3,790$2,890$2,180$1,631$1,365
25 years$4,666$3,557$2,676$1,991$1,468$1,217
26 years$4,439$3,343$2,482$1,821$1,322$1,087
27 years$4,229$3,146$2,305$1,666$1,192$971
28 years$4,034$2,965$2,143$1,527$1,075$867
29 years$3,853$2,797$1,994$1,400$971$776
30 years$3,684$2,641$1,857$1,285$877$694
31 years$3,527$2,497$1,732$1,180$793$622
32 years$3,380$2,363$1,616$1,085$718$557
33 years$3,241$2,237$1,508$997$649$499
34 years$3,112$2,121$1,409$918$588$447
35 years$2,990$2,011$1,318$845$533$401
36 years$2,875$1,909$1,233$778$483$360
37 years$2,766$1,813$1,154$717$437$323
38 years$2,664$1,723$1,080$661$396$290
39 years$2,567$1,639$1,012$609$360$260
40 years$2,475$1,559$949$562$326$234
41 years$2,387$1,484$890$518$296$210
42 years$2,304$1,413$835$478$268$188
43 years$2,226$1,347$783$442$244$169
44 years$2,151$1,284$735$408$221$152
45 years$2,079$1,224$690$377$201$137
46 years$2,011$1,168$648$348$182$123
47 years$1,946$1,114$609$321$166$110
48 years$1,884$1,064$572$297$150$99
49 years$1,824$1,016$538$274$137$89
50 years$1,767$970$506$254$124$80

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 $3,969 every year, while hoping to spend $41,292 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: 32/44/24 Blend
64$1,810,000$1,810,000$1,810,000$1,810,000
65$1,998,714$1,902,784$1,874,729$2,047,828
66$2,158,648$1,952,086$1,893,598$2,134,653
67$2,333,512$2,002,420$1,911,715$2,224,129
68$2,524,785$2,053,793$1,929,012$2,319,670
69$2,734,094$2,106,210$1,945,416$2,421,835
70$2,963,235$2,159,677$1,960,850$2,531,241
71$3,214,181$2,214,198$1,975,234$2,648,564
72$3,489,107$2,269,773$1,988,485$2,774,553
73$3,790,409$2,326,405$2,000,512$2,910,030
74$4,120,725$2,384,093$2,011,223$3,055,902
75$4,482,959$2,442,833$2,020,518$3,213,169
76$4,880,311$2,502,622$2,028,296$3,382,930
77$5,316,306$2,563,454$2,034,447$3,566,400
78$5,794,825$2,625,320$2,038,858$3,764,916
79$6,320,146$2,688,209$2,041,408$3,979,949
80$6,896,979$2,752,109$2,041,973$4,213,126
81$7,530,512$2,817,003$2,040,420$4,466,236
82$8,226,461$2,882,874$2,036,612$4,741,251
83$8,991,124$2,949,699$2,030,403$5,040,347
84$9,831,439$3,017,454$2,021,641$5,365,921
85$10,755,046$3,086,110$2,010,167$5,720,616
86$11,770,367$3,155,636$1,995,813$6,107,344
87$12,886,678$3,225,995$1,978,406$6,529,317
88$14,114,197$3,297,147$1,957,761$6,990,075
89$15,464,186$3,369,048$1,933,686$7,493,520
90$16,949,049$3,441,647$1,905,981$8,043,955
91$18,582,455$3,514,891$1,874,434$8,646,122
92$20,379,463$3,588,718$1,838,826$9,305,250
93$22,356,667$3,663,064$1,798,925$10,027,101
94$24,532,348$3,737,855$1,754,489$10,818,031
95$26,926,650$3,813,012$1,705,268$11,685,044
96$29,561,769$3,888,451$1,650,995$12,635,862
97$32,462,162$3,964,077$1,591,395$13,678,998
98$35,654,774$4,039,789$1,526,179$14,823,835
99$39,169,300$4,115,477$1,455,045$16,080,721
100$43,038,456$4,191,023$1,377,677$17,461,058