Can I retire at age 67 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$146,991$145,681$144,404$143,157$141,940$139,646
2 years$72,768$71,412$70,099$68,826$67,590$65,286
3 years$48,030$46,669$45,359$44,097$42,882$40,638
4 years$35,663$34,307$33,010$31,770$30,584$28,418
5 years$28,246$26,897$25,617$24,402$23,249$21,168
6 years$23,302$21,963$20,702$19,515$18,396$16,402
7 years$19,772$18,445$17,204$16,044$14,961$13,054
8 years$17,126$15,810$14,590$13,459$12,412$10,592
9 years$15,069$13,766$12,566$11,464$10,453$8,719
10 years$13,424$12,134$10,956$9,882$8,906$7,257
11 years$12,079$10,802$9,645$8,600$7,660$6,093
12 years$10,960$9,695$8,560$7,544$6,638$5,152
13 years$10,013$8,762$7,648$6,660$5,788$4,382
14 years$9,202$7,964$6,871$5,912$5,074$3,744
15 years$8,500$7,275$6,204$5,272$4,467$3,211
16 years$7,886$6,675$5,625$4,721$3,948$2,764
17 years$7,345$6,148$5,118$4,242$3,501$2,385
18 years$6,865$5,681$4,672$3,823$3,113$2,063
19 years$6,436$5,265$4,277$3,454$2,774$1,788
20 years$6,050$4,892$3,926$3,128$2,478$1,552
21 years$5,701$4,557$3,611$2,839$2,218$1,350
22 years$5,384$4,254$3,328$2,581$1,988$1,175
23 years$5,096$3,978$3,073$2,351$1,784$1,024
24 years$4,832$3,728$2,842$2,144$1,604$893
25 years$4,589$3,498$2,632$1,958$1,443$780
26 years$4,366$3,288$2,441$1,790$1,300$681
27 years$4,159$3,094$2,267$1,639$1,172$596
28 years$3,967$2,916$2,107$1,502$1,058$521
29 years$3,789$2,750$1,961$1,377$955$456
30 years$3,623$2,598$1,827$1,264$863$399
31 years$3,468$2,456$1,703$1,161$780$350
32 years$3,324$2,323$1,589$1,067$706$306
33 years$3,188$2,200$1,483$981$639$268
34 years$3,060$2,085$1,386$902$578$235
35 years$2,940$1,978$1,296$831$524$206
36 years$2,827$1,877$1,212$765$475$181
37 years$2,720$1,783$1,135$705$430$159
38 years$2,619$1,695$1,063$650$390$139
39 years$2,524$1,611$995$599$354$122
40 years$2,434$1,533$933$553$321$107
41 years$2,348$1,459$875$510$291$94
42 years$2,266$1,390$821$471$264$82
43 years$2,189$1,324$770$434$240$72
44 years$2,115$1,262$723$401$217$63
45 years$2,045$1,204$679$370$197$56
46 years$1,978$1,148$638$342$179$49
47 years$1,914$1,096$599$316$163$43
48 years$1,852$1,046$563$292$148$38
49 years$1,794$999$529$270$134$33
50 years$1,738$954$497$250$122$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $1,780,000, adding $2,137 every year, while hoping to spend $46,305 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: 57/18/25 Blend
66$1,780,000$1,780,000$1,780,000$1,780,000
67$1,963,764$1,869,424$1,841,834$2,062,221
68$2,114,800$1,911,758$1,854,268$2,172,177
69$2,279,690$1,954,614$1,865,565$2,286,878
70$2,459,797$1,997,969$1,875,641$2,410,921
71$2,656,624$2,041,797$1,884,403$2,545,220
72$2,871,824$2,086,070$1,891,755$2,690,783
73$3,107,218$2,130,755$1,897,596$2,848,723
74$3,364,810$2,175,817$1,901,821$3,020,263
75$3,646,806$2,221,218$1,904,318$3,206,755
76$3,955,638$2,266,916$1,904,970$3,409,687
77$4,293,982$2,312,863$1,903,656$3,630,700
78$4,664,785$2,359,011$1,900,245$3,871,604
79$5,071,294$2,405,303$1,894,604$4,134,391
80$5,517,084$2,451,681$1,886,591$4,421,261
81$6,006,093$2,498,080$1,876,058$4,734,636
82$6,542,658$2,544,429$1,862,850$5,077,188
83$7,131,557$2,590,654$1,846,803$5,451,861
84$7,778,052$2,636,673$1,827,748$5,861,903
85$8,487,941$2,682,397$1,805,505$6,310,891
86$9,267,609$2,727,733$1,779,887$6,802,771
87$10,124,091$2,772,578$1,750,700$7,341,893
88$11,065,137$2,816,822$1,717,736$7,933,049
89$12,099,283$2,860,349$1,680,783$8,581,526
90$13,235,936$2,903,032$1,639,615$9,293,150
91$14,485,457$2,944,736$1,593,998$10,074,344
92$15,859,262$2,985,316$1,543,685$10,932,187
93$17,369,928$3,024,618$1,488,420$11,874,484
94$19,031,312$3,062,476$1,427,933$12,909,840
95$20,858,681$3,098,713$1,361,944$14,047,738
96$22,868,857$3,133,140$1,290,160$15,298,633
97$25,080,372$3,165,555$1,212,272$16,674,049
98$27,513,647$3,195,744$1,127,959$18,186,690
99$30,191,180$3,223,477$1,036,888$19,850,558
100$33,137,763$3,248,510$938,706$21,681,090