Can I retire at age 65 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$151,120$149,774$148,460$147,178$145,927$145,251
2 years$74,812$73,418$72,068$70,759$69,489$68,807
3 years$49,379$47,980$46,633$45,336$44,087$43,419
4 years$36,665$35,270$33,937$32,662$31,443$30,795
5 years$29,039$27,652$26,336$25,088$23,902$23,277
6 years$23,956$22,580$21,284$20,063$18,913$18,310
7 years$20,327$18,963$17,687$16,495$15,381$14,801
8 years$17,607$16,255$15,000$13,837$12,760$12,203
9 years$15,492$14,153$12,919$11,786$10,746$10,212
10 years$13,801$12,475$11,263$10,160$9,156$8,644
11 years$12,419$11,106$9,916$8,842$7,875$7,385
12 years$11,267$9,968$8,800$7,756$6,824$6,356
13 years$10,294$9,008$7,862$6,847$5,951$5,505
14 years$9,460$8,188$7,064$6,078$5,216$4,791
15 years$8,739$7,480$6,378$5,421$4,593$4,188
16 years$8,108$6,863$5,783$4,853$4,059$3,674
17 years$7,551$6,320$5,262$4,361$3,599$3,234
18 years$7,058$5,840$4,804$3,930$3,200$2,853
19 years$6,616$5,413$4,398$3,551$2,852$2,524
20 years$6,220$5,030$4,036$3,216$2,548$2,237
21 years$5,861$4,685$3,712$2,919$2,280$1,986
22 years$5,536$4,373$3,421$2,654$2,044$1,765
23 years$5,239$4,090$3,159$2,417$1,835$1,572
24 years$4,967$3,832$2,922$2,204$1,649$1,401
25 years$4,718$3,596$2,706$2,013$1,484$1,250
26 years$4,488$3,380$2,510$1,841$1,337$1,117
27 years$4,276$3,181$2,330$1,685$1,205$998
28 years$4,079$2,997$2,166$1,544$1,087$893
29 years$3,896$2,828$2,016$1,416$982$799
30 years$3,725$2,670$1,878$1,299$887$716
31 years$3,566$2,524$1,751$1,193$802$642
32 years$3,417$2,389$1,633$1,097$726$575
33 years$3,277$2,262$1,525$1,008$657$516
34 years$3,146$2,144$1,425$928$594$463
35 years$3,023$2,034$1,332$854$538$415
36 years$2,906$1,930$1,246$787$488$373
37 years$2,797$1,833$1,167$725$442$335
38 years$2,693$1,742$1,092$668$401$301
39 years$2,595$1,657$1,023$616$364$270
40 years$2,502$1,576$959$568$330$243
41 years$2,414$1,500$899$524$299$218
42 years$2,330$1,429$844$484$271$196
43 years$2,250$1,361$792$447$246$176
44 years$2,174$1,298$743$412$224$159
45 years$2,102$1,237$698$381$203$143
46 years$2,033$1,181$655$352$184$128
47 years$1,967$1,127$616$325$167$115
48 years$1,904$1,075$579$300$152$104
49 years$1,844$1,027$544$278$138$93
50 years$1,787$981$511$257$125$84

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,830,000, adding $2,006 every year, while hoping to spend $26,742 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: 64/7/29 Blend
64$1,830,000$1,830,000$1,830,000$1,830,000
65$2,018,729$1,921,739$1,893,374$2,132,193
66$2,196,186$1,987,451$1,928,349$2,275,051
67$2,390,848$2,055,487$1,963,599$2,427,973
68$2,604,440$2,125,931$1,999,106$2,594,503
69$2,838,865$2,198,874$2,034,848$2,775,982
70$3,096,218$2,274,408$2,070,804$2,973,888
71$3,378,806$2,352,628$2,106,950$3,189,848
72$3,689,172$2,433,634$2,143,260$3,425,656
73$4,030,115$2,517,530$2,179,707$3,683,285
74$4,404,721$2,604,423$2,216,261$3,964,911
75$4,816,388$2,694,425$2,252,892$4,272,929
76$5,268,861$2,787,653$2,289,564$4,609,979
77$5,766,263$2,884,226$2,326,243$4,978,967
78$6,313,139$2,984,271$2,362,890$5,383,097
79$6,914,497$3,087,917$2,399,464$5,825,897
80$7,575,852$3,195,301$2,435,922$6,311,255
81$8,303,281$3,306,564$2,472,218$6,843,453
82$9,103,481$3,421,850$2,508,302$7,427,210
83$9,983,829$3,541,314$2,544,124$8,067,726
84$10,952,454$3,665,113$2,579,626$8,770,729
85$12,018,313$3,793,412$2,614,752$9,542,529
86$13,191,273$3,926,382$2,649,439$10,390,081
87$14,482,209$4,064,200$2,683,621$11,321,048
88$15,903,101$4,207,053$2,717,229$12,343,872
89$17,467,151$4,355,132$2,750,190$13,467,857
90$19,188,905$4,508,638$2,782,426$14,703,252
91$21,084,391$4,667,779$2,813,855$16,061,354
92$23,171,271$4,832,772$2,844,391$17,554,609
93$25,469,004$5,003,842$2,873,942$19,196,730
94$27,999,036$5,181,224$2,902,413$21,002,832
95$30,784,996$5,365,162$2,929,701$22,989,566
96$33,852,920$5,555,909$2,955,701$25,175,284
97$37,231,500$5,753,731$2,980,299$27,580,205
98$40,952,350$5,958,901$3,003,376$30,226,613
99$45,050,310$6,171,707$3,024,809$33,139,061
100$49,563,767$6,392,446$3,044,466$36,344,608