Can I retire at age 65 with 1,870,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$154,423$153,047$151,705$150,395$149,116$145,867
2 years$76,447$75,023$73,643$72,306$71,008$67,751
3 years$50,458$49,028$47,652$46,327$45,050$41,887
4 years$37,467$36,041$34,679$33,376$32,130$29,085
5 years$29,674$28,257$26,912$25,636$24,425$21,506
6 years$24,480$23,074$21,749$20,501$19,327$16,538
7 years$20,772$19,377$18,073$16,855$15,718$13,059
8 years$17,992$16,610$15,328$14,139$13,039$10,510
9 years$15,831$14,462$13,202$12,044$10,981$8,579
10 years$14,103$12,747$11,510$10,382$9,356$7,080
11 years$12,690$11,348$10,133$9,035$8,047$5,892
12 years$11,514$10,186$8,993$7,925$6,973$4,937
13 years$10,519$9,205$8,034$6,997$6,081$4,160
14 years$9,667$8,367$7,219$6,211$5,330$3,521
15 years$8,930$7,643$6,518$5,539$4,693$2,991
16 years$8,285$7,013$5,909$4,960$4,148$2,549
17 years$7,716$6,458$5,377$4,456$3,678$2,178
18 years$7,212$5,968$4,909$4,016$3,270$1,865
19 years$6,761$5,531$4,494$3,629$2,915$1,599
20 years$6,356$5,140$4,124$3,286$2,604$1,374
21 years$5,989$4,787$3,793$2,983$2,330$1,182
22 years$5,657$4,469$3,496$2,712$2,088$1,018
23 years$5,354$4,180$3,228$2,470$1,875$878
24 years$5,076$3,916$2,985$2,253$1,685$757
25 years$4,821$3,675$2,765$2,057$1,516$654
26 years$4,586$3,454$2,564$1,881$1,366$565
27 years$4,369$3,251$2,381$1,722$1,231$488
28 years$4,168$3,063$2,214$1,577$1,111$422
29 years$3,981$2,890$2,060$1,447$1,003$365
30 years$3,807$2,729$1,919$1,328$907$316
31 years$3,644$2,580$1,789$1,219$820$274
32 years$3,492$2,441$1,669$1,121$741$237
33 years$3,349$2,312$1,558$1,030$671$205
34 years$3,215$2,191$1,456$948$607$178
35 years$3,089$2,078$1,361$873$550$154
36 years$2,970$1,972$1,274$804$499$133
37 years$2,858$1,873$1,192$741$452$116
38 years$2,752$1,780$1,116$683$410$100
39 years$2,652$1,693$1,046$629$371$87
40 years$2,557$1,611$980$581$337$75
41 years$2,466$1,533$919$536$306$65
42 years$2,381$1,460$862$494$277$57
43 years$2,299$1,391$809$456$252$49
44 years$2,222$1,326$759$421$228$43
45 years$2,148$1,265$713$389$207$37
46 years$2,078$1,206$670$359$188$32
47 years$2,010$1,151$629$332$171$28
48 years$1,946$1,099$591$307$155$24
49 years$1,885$1,049$556$284$141$21
50 years$1,826$1,002$523$262$128$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,870,000, adding $3,105 every year, while hoping to spend $39,264 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: 77/8/15 Blend
64$1,870,000$1,870,000$1,870,000$1,870,000
65$2,063,943$1,964,833$1,935,848$2,216,051
66$2,232,688$2,019,333$1,958,922$2,371,325
67$2,417,330$2,075,188$1,981,453$2,536,296
68$2,619,448$2,132,422$2,003,382$2,716,122
69$2,840,781$2,191,061$2,024,645$2,912,272
70$3,083,247$2,251,128$2,045,177$3,126,364
71$3,348,953$2,312,649$2,064,906$3,360,178
72$3,640,226$2,375,648$2,083,759$3,615,679
73$3,959,623$2,440,149$2,101,659$3,895,026
74$4,309,963$2,506,175$2,118,524$4,200,603
75$4,694,352$2,573,750$2,134,267$4,535,031
76$5,116,209$2,642,897$2,148,797$4,901,201
77$5,579,300$2,713,637$2,162,020$5,302,296
78$6,087,776$2,785,992$2,173,835$5,741,824
79$6,646,207$2,859,984$2,184,137$6,223,648
80$7,259,629$2,935,632$2,192,814$6,752,027
81$7,933,588$3,012,955$2,199,750$7,331,650
82$8,674,196$3,091,971$2,204,823$7,967,686
83$9,488,184$3,172,698$2,207,905$8,665,829
84$10,382,969$3,255,150$2,208,860$9,432,353
85$11,366,723$3,339,343$2,207,548$10,274,170
86$12,448,447$3,425,290$2,203,819$11,198,898
87$13,638,060$3,513,000$2,197,519$12,214,931
88$14,946,489$3,602,485$2,188,483$13,331,515
89$16,385,775$3,693,751$2,176,541$14,558,842
90$17,969,183$3,786,803$2,161,514$15,908,141
91$19,711,328$3,881,644$2,143,213$17,391,785
92$21,628,314$3,978,276$2,121,441$19,023,409
93$23,737,885$4,076,695$2,095,993$20,818,036
94$26,059,592$4,176,896$2,066,651$22,792,224
95$28,614,978$4,278,871$2,033,191$24,964,216
96$31,427,778$4,382,607$1,995,375$27,354,115
97$34,524,147$4,488,091$1,952,956$29,984,076
98$37,932,903$4,595,301$1,905,673$32,878,511
99$41,685,803$4,704,214$1,853,257$36,064,321
100$45,817,836$4,814,802$1,795,422$39,571,151