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%18.5%
1 years$156,900$155,503$154,139$152,808$151,509$146,308
2 years$77,673$76,227$74,825$73,465$72,147$66,960
3 years$51,268$49,815$48,417$47,070$45,773$40,763
4 years$38,068$36,619$35,235$33,911$32,646$27,851
5 years$30,150$28,710$27,344$26,047$24,817$20,250
6 years$24,873$23,444$22,098$20,830$19,637$15,301
7 years$21,105$19,688$18,363$17,126$15,970$11,865
8 years$18,280$16,876$15,574$14,366$13,249$9,372
9 years$16,085$14,694$13,414$12,237$11,157$7,503
10 years$14,329$12,952$11,694$10,548$9,506$6,069
11 years$12,894$11,530$10,295$9,180$8,176$4,948
12 years$11,698$10,349$9,137$8,052$7,085$4,060
13 years$10,688$9,353$8,163$7,109$6,178$3,348
14 years$9,822$8,501$7,335$6,310$5,416$2,772
15 years$9,073$7,766$6,622$5,628$4,769$2,302
16 years$8,418$7,125$6,004$5,039$4,214$1,917
17 years$7,840$6,562$5,463$4,528$3,737$1,600
18 years$7,328$6,064$4,987$4,080$3,323$1,338
19 years$6,869$5,620$4,566$3,687$2,962$1,120
20 years$6,457$5,222$4,190$3,339$2,645$939
21 years$6,085$4,864$3,854$3,031$2,367$789
22 years$5,747$4,540$3,552$2,755$2,122$662
23 years$5,439$4,247$3,280$2,509$1,905$557
24 years$5,157$3,979$3,033$2,289$1,712$468
25 years$4,898$3,734$2,809$2,090$1,541$394
26 years$4,660$3,509$2,606$1,911$1,388$332
27 years$4,439$3,303$2,420$1,749$1,251$280
28 years$4,235$3,112$2,249$1,603$1,129$236
29 years$4,045$2,936$2,093$1,470$1,019$199
30 years$3,868$2,773$1,950$1,349$921$167
31 years$3,702$2,621$1,818$1,239$833$141
32 years$3,548$2,480$1,696$1,139$753$119
33 years$3,403$2,349$1,583$1,047$682$100
34 years$3,266$2,226$1,479$963$617$85
35 years$3,138$2,111$1,383$887$559$71
36 years$3,018$2,004$1,294$817$507$60
37 years$2,904$1,903$1,211$752$459$51
38 years$2,796$1,809$1,134$694$416$43
39 years$2,694$1,720$1,063$640$377$36
40 years$2,598$1,636$996$590$342$30
41 years$2,506$1,558$934$544$311$26
42 years$2,419$1,484$876$502$282$22
43 years$2,336$1,414$822$464$256$18
44 years$2,257$1,347$772$428$232$15
45 years$2,182$1,285$725$395$211$13
46 years$2,111$1,226$681$365$191$11
47 years$2,043$1,170$639$337$174$9
48 years$1,977$1,117$601$312$158$8
49 years$1,915$1,066$565$288$143$7
50 years$1,855$1,019$531$266$130$6

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 $5,754 every year, while hoping to spend $59,764 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: 86/7/7 Blend
64$1,900,000$1,900,000$1,900,000$1,900,000
65$2,099,735$1,999,035$1,969,585$2,278,685
66$2,250,320$2,033,400$1,971,978$2,430,594
67$2,414,261$2,067,445$1,972,448$2,588,685
68$2,592,858$2,101,092$1,970,867$2,760,495
69$2,787,541$2,134,257$1,967,102$2,947,361
70$2,999,883$2,166,848$1,961,013$3,150,760
71$3,231,616$2,198,769$1,952,452$3,372,315
72$3,484,647$2,229,915$1,941,266$3,613,814
73$3,761,075$2,260,174$1,927,292$3,877,227
74$4,063,209$2,289,427$1,910,361$4,164,721
75$4,393,594$2,317,547$1,890,295$4,478,687
76$4,755,030$2,344,396$1,866,910$4,821,755
77$5,150,602$2,369,830$1,840,010$5,196,823
78$5,583,704$2,393,693$1,809,391$5,607,083
79$6,058,077$2,415,819$1,774,841$6,056,052
80$6,577,838$2,436,031$1,736,135$6,547,604
81$7,147,522$2,454,141$1,693,040$7,086,007
82$7,772,125$2,469,950$1,645,313$7,675,962
83$8,457,147$2,483,243$1,592,696$8,322,648
84$9,208,648$2,493,793$1,534,923$9,031,773
85$10,033,301$2,501,361$1,471,714$9,809,623
86$10,938,458$2,505,688$1,402,777$10,663,127
87$11,932,217$2,506,502$1,327,806$11,599,916
88$13,023,497$2,503,515$1,246,482$12,628,400
89$14,222,125$2,496,418$1,158,470$13,757,846
90$15,538,925$2,484,886$1,063,422$14,998,463
91$16,985,822$2,468,573$960,974$16,361,501
92$18,575,954$2,447,110$850,744$17,859,357
93$20,323,792$2,420,110$732,335$19,505,689
94$22,245,283$2,387,159$605,332$21,315,549
95$24,357,992$2,347,820$469,301$23,305,522
96$26,681,274$2,301,630$323,789$25,493,884
97$29,236,451$2,248,098$168,324$27,900,774
98$32,047,018$2,186,703$2,412$30,548,383
99$35,138,859$2,116,897$0$33,461,166
100$38,540,494$2,038,096$0$36,679,114