Can I retire at age 65 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$157,726$156,321$154,950$153,612$152,306$146,205
2 years$78,082$76,628$75,219$73,852$72,527$66,457
3 years$51,538$50,077$48,671$47,318$46,014$40,166
4 years$38,268$36,812$35,420$34,090$32,818$27,236
5 years$30,308$28,861$27,488$26,184$24,947$19,647
6 years$25,004$23,567$22,214$20,940$19,740$14,724
7 years$21,216$19,792$18,460$17,216$16,054$11,320
8 years$18,377$16,965$15,656$14,442$13,318$8,861
9 years$16,169$14,771$13,484$12,301$11,216$7,029
10 years$14,405$13,020$11,756$10,604$9,557$5,632
11 years$12,962$11,591$10,350$9,228$8,219$4,548
12 years$11,760$10,404$9,185$8,095$7,122$3,694
13 years$10,744$9,402$8,206$7,146$6,211$3,015
14 years$9,874$8,546$7,373$6,344$5,444$2,470
15 years$9,121$7,807$6,657$5,657$4,794$2,030
16 years$8,462$7,163$6,036$5,066$4,237$1,672
17 years$7,882$6,597$5,492$4,551$3,756$1,380
18 years$7,366$6,095$5,014$4,102$3,340$1,141
19 years$6,906$5,649$4,590$3,706$2,977$945
20 years$6,491$5,250$4,212$3,357$2,659$783
21 years$6,117$4,890$3,874$3,046$2,380$650
22 years$5,778$4,564$3,571$2,770$2,133$539
23 years$5,468$4,269$3,297$2,523$1,915$448
24 years$5,185$4,000$3,049$2,301$1,721$373
25 years$4,924$3,754$2,824$2,101$1,549$310
26 years$4,684$3,528$2,619$1,921$1,395$258
27 years$4,463$3,320$2,432$1,759$1,258$214
28 years$4,257$3,128$2,261$1,611$1,135$178
29 years$4,066$2,951$2,104$1,478$1,025$149
30 years$3,888$2,787$1,960$1,356$926$124
31 years$3,722$2,635$1,827$1,245$837$103
32 years$3,566$2,493$1,705$1,145$757$86
33 years$3,421$2,361$1,592$1,052$685$71
34 years$3,284$2,238$1,487$968$620$60
35 years$3,155$2,122$1,391$891$562$50
36 years$3,034$2,014$1,301$821$509$41
37 years$2,919$1,913$1,218$756$461$34
38 years$2,811$1,818$1,140$697$418$29
39 years$2,708$1,729$1,068$643$379$24
40 years$2,611$1,645$1,001$593$344$20
41 years$2,519$1,566$939$547$312$17
42 years$2,432$1,491$881$505$283$14
43 years$2,349$1,421$826$466$257$12
44 years$2,269$1,354$776$430$233$10
45 years$2,194$1,292$728$397$212$8
46 years$2,122$1,232$684$367$192$7
47 years$2,053$1,176$643$339$175$6
48 years$1,988$1,122$604$313$159$5
49 years$1,925$1,072$568$290$144$4
50 years$1,865$1,024$534$268$131$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,910,000, adding $2,191 every year, while hoping to spend $51,992 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: 83/10/7 Blend
64$1,910,000$1,910,000$1,910,000$1,910,000
65$2,107,080$2,005,850$1,976,245$2,280,439
66$2,266,683$2,048,818$1,987,130$2,437,008
67$2,440,823$2,092,148$1,996,637$2,601,681
68$2,630,928$2,135,804$2,004,666$2,780,887
69$2,838,570$2,179,745$2,011,109$2,976,055
70$3,065,478$2,223,927$2,015,855$3,188,753
71$3,313,558$2,268,302$2,018,788$3,420,710
72$3,584,908$2,312,815$2,019,784$3,673,832
73$3,881,837$2,357,411$2,018,715$3,950,214
74$4,206,887$2,402,027$2,015,445$4,252,167
75$4,562,859$2,446,596$2,009,832$4,582,235
76$4,952,837$2,491,045$2,001,727$4,943,220
77$5,380,216$2,535,296$1,990,975$5,338,209
78$5,848,737$2,579,264$1,977,411$5,770,602
79$6,362,518$2,622,859$1,960,865$6,244,146
80$6,926,098$2,665,982$1,941,157$6,762,968
81$7,544,472$2,708,527$1,918,098$7,331,612
82$8,223,147$2,750,383$1,891,492$7,955,089
83$8,968,183$2,791,428$1,861,133$8,638,917
84$9,786,261$2,831,531$1,826,805$9,389,175
85$10,684,738$2,870,554$1,788,281$10,212,562
86$11,671,718$2,908,348$1,745,325$11,116,459
87$12,756,130$2,944,754$1,697,690$12,108,998
88$13,947,810$2,979,601$1,645,117$13,199,139
89$15,257,594$3,012,709$1,587,335$14,396,755
90$16,697,419$3,043,882$1,524,062$15,712,725
91$18,280,438$3,072,915$1,455,001$17,159,036
92$20,021,142$3,099,587$1,379,842$18,748,896
93$21,935,495$3,123,663$1,298,263$20,496,860
94$24,041,085$3,144,892$1,209,925$22,418,966
95$26,357,294$3,163,010$1,114,475$24,532,886
96$28,905,472$3,177,731$1,011,544$26,858,094
97$31,709,146$3,188,756$900,747$29,416,049
98$34,794,237$3,195,763$781,680$32,230,399
99$38,189,306$3,198,413$653,923$35,327,200
100$41,925,823$3,196,343$517,038$38,735,168