Can I retire at age 65 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$150,294$148,955$147,649$146,374$145,129$140,092
2 years$74,403$73,017$71,674$70,372$69,109$64,086
3 years$49,109$47,718$46,378$45,088$43,846$38,995
4 years$36,465$35,077$33,751$32,483$31,271$26,629
5 years$28,880$27,501$26,192$24,950$23,772$19,351
6 years$23,825$22,457$21,167$19,953$18,810$14,614
7 years$20,216$18,859$17,590$16,405$15,297$11,326
8 years$17,511$16,166$14,918$13,761$12,691$8,940
9 years$15,407$14,075$12,849$11,722$10,687$7,153
10 years$13,726$12,407$11,202$10,104$9,106$5,783
11 years$12,351$11,045$9,862$8,794$7,832$4,712
12 years$11,206$9,913$8,752$7,713$6,787$3,863
13 years$10,238$8,959$7,820$6,810$5,918$3,183
14 years$9,409$8,143$7,026$6,045$5,188$2,634
15 years$8,691$7,439$6,343$5,391$4,568$2,186
16 years$8,063$6,825$5,751$4,827$4,037$1,819
17 years$7,510$6,286$5,233$4,337$3,579$1,517
18 years$7,019$5,808$4,777$3,908$3,183$1,268
19 years$6,580$5,383$4,373$3,532$2,837$1,061
20 years$6,186$5,002$4,014$3,199$2,534$889
21 years$5,829$4,659$3,692$2,903$2,268$745
22 years$5,505$4,349$3,403$2,639$2,033$626
23 years$5,210$4,068$3,142$2,404$1,825$526
24 years$4,940$3,811$2,906$2,192$1,640$442
25 years$4,692$3,577$2,691$2,002$1,476$371
26 years$4,464$3,362$2,496$1,831$1,329$313
27 years$4,252$3,164$2,318$1,676$1,198$263
28 years$4,056$2,981$2,155$1,535$1,081$221
29 years$3,874$2,812$2,005$1,408$976$186
30 years$3,705$2,656$1,868$1,292$882$157
31 years$3,546$2,511$1,741$1,187$798$132
32 years$3,398$2,376$1,624$1,091$722$111
33 years$3,259$2,250$1,517$1,003$653$94
34 years$3,129$2,132$1,417$923$591$79
35 years$3,006$2,022$1,325$849$535$67
36 years$2,891$1,920$1,239$782$485$56
37 years$2,781$1,823$1,160$721$440$47
38 years$2,678$1,733$1,086$664$399$40
39 years$2,581$1,648$1,018$613$362$34
40 years$2,488$1,568$954$565$328$28
41 years$2,400$1,492$895$521$297$24
42 years$2,317$1,421$839$481$270$20
43 years$2,238$1,354$787$444$245$17
44 years$2,162$1,291$739$410$222$14
45 years$2,091$1,231$694$379$202$12
46 years$2,022$1,174$652$350$183$10
47 years$1,957$1,120$612$323$166$9
48 years$1,894$1,070$575$299$151$7
49 years$1,834$1,021$541$276$137$6
50 years$1,777$976$509$255$125$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,820,000, adding $4,867 every year, while hoping to spend $43,751 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: 67/13/20 Blend
64$1,820,000$1,820,000$1,820,000$1,820,000
65$2,010,660$1,914,200$1,885,990$2,135,016
66$2,169,197$1,961,445$1,902,620$2,266,148
67$2,342,438$2,009,539$1,918,341$2,403,987
68$2,531,837$2,058,477$1,933,076$2,553,670
69$2,738,995$2,108,253$1,946,744$2,716,363
70$2,965,673$2,158,858$1,959,261$2,893,348
71$3,213,812$2,210,283$1,970,537$3,086,038
72$3,485,550$2,262,515$1,980,478$3,295,990
73$3,783,238$2,315,541$1,988,987$3,524,918
74$4,109,469$2,369,342$1,995,958$3,774,714
75$4,467,096$2,423,901$2,001,284$4,047,458
76$4,859,262$2,479,195$2,004,850$4,345,446
77$5,289,430$2,535,199$2,006,535$4,671,204
78$5,761,413$2,591,884$2,006,215$5,027,520
79$6,279,410$2,649,220$2,003,756$5,417,461
80$6,848,048$2,707,170$1,999,020$5,844,412
81$7,472,424$2,765,696$1,991,863$6,312,100
82$8,158,151$2,824,755$1,982,130$6,824,632
83$8,911,414$2,884,300$1,969,663$7,386,536
84$9,739,026$2,944,278$1,954,294$8,002,799
85$10,648,491$3,004,632$1,935,847$8,678,920
86$11,648,078$3,065,300$1,914,139$9,420,956
87$12,746,897$3,126,215$1,888,978$10,235,586
88$13,954,983$3,187,301$1,860,160$11,130,167
89$15,283,392$3,248,480$1,827,477$12,112,808
90$16,744,306$3,309,664$1,790,706$13,192,446
91$18,351,147$3,370,760$1,749,616$14,378,931
92$20,118,702$3,431,665$1,703,967$15,683,117
93$22,063,264$3,492,270$1,653,503$17,116,965
94$24,202,782$3,552,457$1,597,961$18,693,661
95$26,557,038$3,612,099$1,537,065$20,427,732
96$29,147,823$3,671,059$1,470,523$22,335,192
97$31,999,149$3,729,190$1,398,035$24,433,687
98$35,137,477$3,786,334$1,319,283$26,742,666
99$38,591,957$3,842,322$1,233,936$29,283,564
100$42,394,714$3,896,973$1,141,651$32,080,001