Can I retire at age 66 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$144,513$143,226$141,970$140,744$139,547$135,406
2 years$71,541$70,209$68,918$67,666$66,451$62,313
3 years$47,220$45,882$44,594$43,354$42,159$38,154
4 years$35,062$33,728$32,453$31,234$30,068$26,227
5 years$27,769$26,443$25,185$23,991$22,858$19,190
6 years$22,909$21,593$20,353$19,186$18,086$14,596
7 years$19,439$18,134$16,914$15,774$14,709$11,396
8 years$16,837$15,544$14,344$13,232$12,203$9,065
9 years$14,815$13,534$12,355$11,271$10,276$7,311
10 years$13,198$11,929$10,771$9,716$8,756$5,958
11 years$11,876$10,620$9,483$8,455$7,530$4,896
12 years$10,775$9,532$8,416$7,417$6,526$4,049
13 years$9,844$8,614$7,519$6,548$5,691$3,366
14 years$9,047$7,830$6,756$5,812$4,988$2,810
15 years$8,357$7,153$6,099$5,184$4,392$2,354
16 years$7,753$6,563$5,530$4,641$3,882$1,977
17 years$7,221$6,044$5,032$4,170$3,442$1,665
18 years$6,749$5,585$4,594$3,758$3,060$1,405
19 years$6,327$5,176$4,205$3,396$2,728$1,187
20 years$5,948$4,810$3,859$3,076$2,436$1,005
21 years$5,605$4,480$3,550$2,791$2,180$851
22 years$5,294$4,182$3,272$2,538$1,954$722
23 years$5,010$3,911$3,021$2,311$1,754$612
24 years$4,750$3,665$2,794$2,108$1,577$520
25 years$4,512$3,439$2,588$1,925$1,419$442
26 years$4,292$3,232$2,400$1,760$1,278$376
27 years$4,089$3,042$2,229$1,611$1,152$320
28 years$3,900$2,866$2,072$1,476$1,040$272
29 years$3,725$2,704$1,928$1,354$939$231
30 years$3,562$2,554$1,796$1,242$848$197
31 years$3,410$2,414$1,674$1,141$767$168
32 years$3,268$2,284$1,562$1,049$694$143
33 years$3,134$2,163$1,458$964$628$122
34 years$3,009$2,050$1,363$887$568$104
35 years$2,891$1,945$1,274$817$515$88
36 years$2,779$1,846$1,192$752$467$75
37 years$2,674$1,753$1,116$693$423$64
38 years$2,575$1,666$1,045$639$383$55
39 years$2,481$1,584$979$589$348$47
40 years$2,393$1,507$917$543$315$40
41 years$2,308$1,435$860$501$286$34
42 years$2,228$1,366$807$463$260$29
43 years$2,152$1,302$757$427$236$25
44 years$2,079$1,241$711$394$214$21
45 years$2,010$1,183$667$364$194$18
46 years$1,944$1,129$627$336$176$15
47 years$1,881$1,077$589$311$160$13
48 years$1,821$1,028$553$287$145$11
49 years$1,764$982$520$265$132$9
50 years$1,709$938$489$245$120$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 66 starting with $1,750,000, adding $2,465 every year, while hoping to spend $52,904 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: 49/21/30 Blend
65$1,750,000$1,750,000$1,750,000$1,750,000
66$1,931,043$1,838,293$1,811,168$2,009,056
67$2,071,720$1,872,080$1,815,552$2,097,958
68$2,224,972$1,905,749$1,818,311$2,189,108
69$2,392,028$1,939,239$1,819,333$2,287,138
70$2,574,237$1,972,484$1,818,502$2,392,726
71$2,773,085$2,005,411$1,815,698$2,506,621
72$2,990,208$2,037,945$1,810,792$2,629,650
73$3,227,407$2,070,002$1,803,652$2,762,726
74$3,486,665$2,101,495$1,794,136$2,906,858
75$3,770,164$2,132,327$1,782,099$3,063,156
76$4,080,308$2,162,398$1,767,386$3,232,850
77$4,419,742$2,191,598$1,749,837$3,417,294
78$4,791,380$2,219,811$1,729,281$3,617,983
79$5,198,432$2,246,913$1,705,543$3,836,568
80$5,644,430$2,272,770$1,678,437$4,074,871
81$6,133,267$2,297,241$1,647,769$4,334,902
82$6,669,228$2,320,173$1,613,337$4,618,879
83$7,257,033$2,341,405$1,574,928$4,929,249
84$7,901,882$2,360,766$1,532,320$5,268,713
85$8,609,502$2,378,071$1,485,280$5,640,253
86$9,386,200$2,393,126$1,433,566$6,047,154
87$10,238,925$2,405,721$1,376,923$6,493,046
88$11,175,331$2,415,637$1,315,085$6,981,930
89$12,203,849$2,422,638$1,247,775$7,518,221
90$13,333,768$2,426,474$1,174,702$8,106,791
91$14,575,321$2,426,879$1,095,563$8,753,011
92$15,939,779$2,423,572$1,010,040$9,462,808
93$17,439,562$2,416,253$917,802$10,242,721
94$19,088,352$2,404,603$818,502$11,099,960
95$20,901,222$2,388,286$711,780$12,042,478
96$22,894,778$2,366,945$597,257$13,079,046
97$25,087,320$2,340,199$474,539$14,219,340
98$27,499,004$2,307,646$343,214$15,474,030
99$30,152,043$2,268,861$202,852$16,854,880
100$33,070,908$2,223,392$53,004$18,374,869