Can I retire at age 65 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$156,900$155,503$154,139$152,808$151,509$147,906
2 years$77,673$76,227$74,825$73,465$72,147$68,538
3 years$51,268$49,815$48,417$47,070$45,773$42,271
4 years$38,068$36,619$35,235$33,911$32,646$29,278
5 years$30,150$28,710$27,344$26,047$24,817$21,592
6 years$24,873$23,444$22,098$20,830$19,637$16,559
7 years$21,105$19,688$18,363$17,126$15,970$13,039
8 years$18,280$16,876$15,574$14,366$13,249$10,463
9 years$16,085$14,694$13,414$12,237$11,157$8,515
10 years$14,329$12,952$11,694$10,548$9,506$7,005
11 years$12,894$11,530$10,295$9,180$8,176$5,812
12 years$11,698$10,349$9,137$8,052$7,085$4,854
13 years$10,688$9,353$8,163$7,109$6,178$4,076
14 years$9,822$8,501$7,335$6,310$5,416$3,438
15 years$9,073$7,766$6,622$5,628$4,769$2,911
16 years$8,418$7,125$6,004$5,039$4,214$2,472
17 years$7,840$6,562$5,463$4,528$3,737$2,104
18 years$7,328$6,064$4,987$4,080$3,323$1,795
19 years$6,869$5,620$4,566$3,687$2,962$1,534
20 years$6,457$5,222$4,190$3,339$2,645$1,313
21 years$6,085$4,864$3,854$3,031$2,367$1,125
22 years$5,747$4,540$3,552$2,755$2,122$965
23 years$5,439$4,247$3,280$2,509$1,905$829
24 years$5,157$3,979$3,033$2,289$1,712$712
25 years$4,898$3,734$2,809$2,090$1,541$613
26 years$4,660$3,509$2,606$1,911$1,388$527
27 years$4,439$3,303$2,420$1,749$1,251$454
28 years$4,235$3,112$2,249$1,603$1,129$391
29 years$4,045$2,936$2,093$1,470$1,019$337
30 years$3,868$2,773$1,950$1,349$921$290
31 years$3,702$2,621$1,818$1,239$833$250
32 years$3,548$2,480$1,696$1,139$753$216
33 years$3,403$2,349$1,583$1,047$682$186
34 years$3,266$2,226$1,479$963$617$161
35 years$3,138$2,111$1,383$887$559$138
36 years$3,018$2,004$1,294$817$507$119
37 years$2,904$1,903$1,211$752$459$103
38 years$2,796$1,809$1,134$694$416$89
39 years$2,694$1,720$1,063$640$377$77
40 years$2,598$1,636$996$590$342$66
41 years$2,506$1,558$934$544$311$57
42 years$2,419$1,484$876$502$282$49
43 years$2,336$1,414$822$464$256$43
44 years$2,257$1,347$772$428$232$37
45 years$2,182$1,285$725$395$211$32
46 years$2,111$1,226$681$365$191$27
47 years$2,043$1,170$639$337$174$24
48 years$1,977$1,117$601$312$158$20
49 years$1,915$1,066$565$288$143$18
50 years$1,855$1,019$531$266$130$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,900,000, adding $2,485 every year, while hoping to spend $27,056 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: 36/34/30 Blend
64$1,900,000$1,900,000$1,900,000$1,900,000
65$2,096,363$1,995,663$1,966,213$2,152,904
66$2,281,405$2,064,663$2,003,294$2,264,409
67$2,484,414$2,136,138$2,040,710$2,382,097
68$2,707,195$2,210,179$2,078,444$2,508,645
69$2,951,734$2,286,883$2,116,478$2,644,870
70$3,220,222$2,366,351$2,154,790$2,791,669
71$3,515,068$2,448,686$2,193,360$2,950,030
72$3,838,930$2,533,997$2,232,162$3,121,037
73$4,194,733$2,622,395$2,271,172$3,305,884
74$4,585,702$2,713,998$2,310,363$3,505,883
75$5,015,388$2,808,928$2,349,704$3,722,476
76$5,487,702$2,907,311$2,389,164$3,957,253
77$6,006,956$3,009,277$2,428,709$4,211,958
78$6,577,899$3,114,965$2,468,304$4,488,514
79$7,205,762$3,224,516$2,507,909$4,789,036
80$7,896,310$3,338,077$2,547,485$5,115,849
81$8,655,894$3,455,804$2,586,986$5,471,516
82$9,491,512$3,577,854$2,626,366$5,858,854
83$10,410,873$3,704,396$2,665,577$6,280,967
84$11,422,473$3,835,602$2,704,564$6,741,271
85$12,535,671$3,971,653$2,743,273$7,243,525
86$13,760,781$4,112,735$2,781,644$7,791,869
87$15,109,165$4,259,044$2,819,614$8,390,863
88$16,593,346$4,410,783$2,857,117$9,045,524
89$18,227,119$4,568,164$2,894,083$9,761,381
90$20,025,687$4,731,405$2,930,436$10,544,519
91$22,005,799$4,900,736$2,966,098$11,401,641
92$24,185,914$5,076,396$3,000,985$12,340,128
93$26,586,370$5,258,631$3,035,011$13,368,112
94$29,229,577$5,447,702$3,068,081$14,494,545
95$32,140,230$5,643,876$3,100,098$15,729,291
96$35,345,541$5,847,433$3,130,959$17,083,212
97$38,875,494$6,058,665$3,160,554$18,568,275
98$42,763,131$6,277,876$3,188,769$20,197,661
99$47,044,860$6,505,382$3,215,483$21,985,888
100$51,760,803$6,741,512$3,240,568$23,948,953