Can I retire at age 65 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$152,771$151,410$150,083$148,787$147,522$144,072
2 years$75,629$74,221$72,856$71,532$70,248$66,793
3 years$49,919$48,504$47,142$45,831$44,568$41,215
4 years$37,066$35,656$34,308$33,019$31,787$28,560
5 years$29,356$27,954$26,624$25,362$24,164$21,074
6 years$24,218$22,827$21,516$20,282$19,120$16,170
7 years$20,550$19,170$17,880$16,675$15,550$12,740
8 years$17,799$16,432$15,164$13,988$12,900$10,229
9 years$15,661$14,307$13,061$11,915$10,864$8,330
10 years$13,952$12,611$11,386$10,271$9,256$6,857
11 years$12,554$11,227$10,024$8,939$7,961$5,692
12 years$11,391$10,077$8,896$7,840$6,899$4,758
13 years$10,407$9,106$7,948$6,922$6,016$3,998
14 years$9,564$8,277$7,142$6,144$5,273$3,374
15 years$8,834$7,562$6,448$5,480$4,643$2,859
16 years$8,196$6,938$5,846$4,907$4,104$2,429
17 years$7,634$6,389$5,320$4,408$3,638$2,069
18 years$7,135$5,904$4,856$3,973$3,235$1,767
19 years$6,689$5,472$4,446$3,590$2,884$1,511
20 years$6,288$5,085$4,080$3,251$2,576$1,294
21 years$5,925$4,736$3,753$2,951$2,305$1,110
22 years$5,596$4,421$3,459$2,683$2,066$953
23 years$5,296$4,135$3,194$2,443$1,855$819
24 years$5,022$3,874$2,953$2,229$1,667$704
25 years$4,770$3,636$2,736$2,035$1,500$606
26 years$4,537$3,417$2,537$1,861$1,351$522
27 years$4,322$3,216$2,356$1,703$1,218$450
28 years$4,123$3,030$2,190$1,561$1,099$388
29 years$3,938$2,859$2,038$1,431$993$334
30 years$3,766$2,700$1,898$1,313$897$288
31 years$3,605$2,552$1,770$1,206$811$249
32 years$3,454$2,415$1,651$1,109$733$215
33 years$3,313$2,287$1,542$1,019$664$185
34 years$3,180$2,167$1,441$938$601$160
35 years$3,056$2,056$1,347$863$544$138
36 years$2,938$1,951$1,260$795$493$119
37 years$2,827$1,853$1,179$733$447$103
38 years$2,722$1,761$1,104$675$405$89
39 years$2,623$1,675$1,035$623$367$77
40 years$2,529$1,593$970$574$333$66
41 years$2,440$1,517$909$530$302$57
42 years$2,355$1,444$853$489$274$50
43 years$2,275$1,376$800$451$249$43
44 years$2,198$1,312$751$417$226$37
45 years$2,125$1,251$705$385$205$32
46 years$2,055$1,193$663$356$186$28
47 years$1,989$1,139$622$329$169$24
48 years$1,925$1,087$585$304$154$21
49 years$1,864$1,038$550$281$140$18
50 years$1,806$992$517$259$127$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,850,000, adding $5,494 every year, while hoping to spend $50,817 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: 50/43/7 Blend
64$1,850,000$1,850,000$1,850,000$1,850,000
65$2,044,367$1,946,317$1,917,642$2,142,682
66$2,198,824$1,987,618$1,927,814$2,251,598
67$2,367,332$2,029,239$1,936,624$2,363,984
68$2,551,270$2,071,143$1,943,972$2,484,898
69$2,752,159$2,113,288$1,949,754$2,615,151
70$2,971,669$2,155,628$1,953,860$2,755,636
71$3,211,641$2,198,116$1,956,176$2,907,336
72$3,474,101$2,240,696$1,956,581$3,071,336
73$3,761,280$2,283,312$1,954,948$3,248,829
74$4,075,636$2,325,899$1,951,143$3,441,131
75$4,419,873$2,368,390$1,945,029$3,649,692
76$4,796,971$2,410,712$1,936,458$3,876,111
77$5,210,210$2,452,785$1,925,278$4,122,147
78$5,663,205$2,494,525$1,911,327$4,389,743
79$6,159,933$2,535,838$1,894,438$4,681,038
80$6,704,779$2,576,626$1,874,435$4,998,389
81$7,302,570$2,616,785$1,851,132$5,344,396
82$7,958,623$2,656,198$1,824,336$5,721,923
83$8,678,796$2,694,746$1,793,845$6,134,128
84$9,469,542$2,732,297$1,759,447$6,584,494
85$10,337,967$2,768,711$1,720,920$7,076,855
86$11,291,901$2,803,840$1,678,033$7,615,444
87$12,339,970$2,837,522$1,630,542$8,204,923
88$13,491,675$2,869,589$1,578,193$8,850,433
89$14,757,484$2,899,857$1,520,720$9,557,640
90$16,148,930$2,928,132$1,457,847$10,332,791
91$17,678,718$2,954,208$1,389,282$11,182,772
92$19,360,846$2,977,863$1,314,722$12,115,176
93$21,210,736$2,998,863$1,233,850$13,138,371
94$23,245,381$3,016,957$1,146,333$14,261,584
95$25,483,501$3,031,879$1,051,826$15,494,983
96$27,945,722$3,043,345$949,966$16,849,782
97$30,654,771$3,051,054$840,376$18,338,338
98$33,635,689$3,054,687$722,659$19,974,278
99$36,916,065$3,053,903$596,405$21,772,619
100$40,526,300$3,048,340$461,181$23,749,920