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

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$156,900$155,503$154,139$152,808$151,509$148,510
2 years$77,673$76,227$74,825$73,465$72,147$69,139
3 years$51,268$49,815$48,417$47,070$45,773$42,849
4 years$38,068$36,619$35,235$33,911$32,646$29,828
5 years$30,150$28,710$27,344$26,047$24,817$22,114
6 years$24,873$23,444$22,098$20,830$19,637$17,051
7 years$21,105$19,688$18,363$17,126$15,970$13,503
8 years$18,280$16,876$15,574$14,366$13,249$10,899
9 years$16,085$14,694$13,414$12,237$11,157$8,923
10 years$14,329$12,952$11,694$10,548$9,506$7,386
11 years$12,894$11,530$10,295$9,180$8,176$6,167
12 years$11,698$10,349$9,137$8,052$7,085$5,184
13 years$10,688$9,353$8,163$7,109$6,178$4,383
14 years$9,822$8,501$7,335$6,310$5,416$3,722
15 years$9,073$7,766$6,622$5,628$4,769$3,173
16 years$8,418$7,125$6,004$5,039$4,214$2,713
17 years$7,840$6,562$5,463$4,528$3,737$2,326
18 years$7,328$6,064$4,987$4,080$3,323$1,999
19 years$6,869$5,620$4,566$3,687$2,962$1,721
20 years$6,457$5,222$4,190$3,339$2,645$1,484
21 years$6,085$4,864$3,854$3,031$2,367$1,282
22 years$5,747$4,540$3,552$2,755$2,122$1,108
23 years$5,439$4,247$3,280$2,509$1,905$959
24 years$5,157$3,979$3,033$2,289$1,712$831
25 years$4,898$3,734$2,809$2,090$1,541$720
26 years$4,660$3,509$2,606$1,911$1,388$625
27 years$4,439$3,303$2,420$1,749$1,251$542
28 years$4,235$3,112$2,249$1,603$1,129$471
29 years$4,045$2,936$2,093$1,470$1,019$409
30 years$3,868$2,773$1,950$1,349$921$355
31 years$3,702$2,621$1,818$1,239$833$309
32 years$3,548$2,480$1,696$1,139$753$269
33 years$3,403$2,349$1,583$1,047$682$234
34 years$3,266$2,226$1,479$963$617$203
35 years$3,138$2,111$1,383$887$559$177
36 years$3,018$2,004$1,294$817$507$154
37 years$2,904$1,903$1,211$752$459$134
38 years$2,796$1,809$1,134$694$416$117
39 years$2,694$1,720$1,063$640$377$101
40 years$2,598$1,636$996$590$342$88
41 years$2,506$1,558$934$544$311$77
42 years$2,419$1,484$876$502$282$67
43 years$2,336$1,414$822$464$256$58
44 years$2,257$1,347$772$428$232$51
45 years$2,182$1,285$725$395$211$44
46 years$2,111$1,226$681$365$191$38
47 years$2,043$1,170$639$337$174$34
48 years$1,977$1,117$601$312$158$29
49 years$1,915$1,066$565$288$143$25
50 years$1,855$1,019$531$266$130$22

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 $3,278 every year, while hoping to spend $35,424 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: 45/44/11 Blend
64$1,900,000$1,900,000$1,900,000$1,900,000
65$2,097,181$1,996,481$1,967,031$2,184,869
66$2,273,403$2,056,618$1,995,236$2,306,143
67$2,466,412$2,118,514$2,023,198$2,433,688
68$2,677,883$2,182,219$2,050,873$2,571,194
69$2,909,661$2,247,781$2,078,211$2,719,591
70$3,163,778$2,315,253$2,105,162$2,879,907
71$3,442,470$2,384,688$2,131,672$3,053,268
72$3,748,202$2,456,138$2,157,683$3,240,915
73$4,083,689$2,529,659$2,183,136$3,444,212
74$4,451,921$2,605,308$2,207,966$3,664,662
75$4,856,190$2,683,141$2,232,107$3,903,917
76$5,300,126$2,763,219$2,255,486$4,163,795
77$5,787,724$2,845,602$2,278,030$4,446,298
78$6,323,387$2,930,352$2,299,659$4,753,628
79$6,911,965$3,017,532$2,320,291$5,088,211
80$7,558,801$3,107,207$2,339,836$5,452,715
81$8,269,781$3,199,443$2,358,204$5,850,082
82$9,051,391$3,294,308$2,375,296$6,283,546
83$9,910,776$3,391,871$2,391,011$6,756,671
84$10,855,806$3,492,204$2,405,240$7,273,382
85$11,895,154$3,595,378$2,417,872$7,837,999
86$13,038,375$3,701,467$2,428,786$8,455,282
87$14,295,998$3,810,547$2,437,859$9,130,472
88$15,679,620$3,922,694$2,444,958$9,869,343
89$17,202,023$4,037,988$2,449,946$10,678,252
90$18,877,289$4,156,509$2,452,678$11,564,203
91$20,720,932$4,278,337$2,453,002$12,534,912
92$22,750,049$4,403,558$2,450,760$13,598,876
93$24,983,476$4,532,255$2,445,783$14,765,457
94$27,441,971$4,664,515$2,437,896$16,044,969
95$30,148,402$4,800,426$2,426,916$17,448,773
96$33,127,971$4,940,079$2,412,650$18,989,385
97$36,408,445$5,083,565$2,394,895$20,680,595
98$40,020,423$5,230,976$2,373,440$22,537,596
99$43,997,619$5,382,407$2,348,064$24,577,125
100$48,377,186$5,537,954$2,318,533$26,817,624