Can I retire at age 67 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$149,468$148,137$146,838$145,570$144,332$139,656
2 years$73,994$72,616$71,280$69,986$68,729$64,062
3 years$48,839$47,455$46,123$44,840$43,605$39,093
4 years$36,265$34,885$33,566$32,305$31,099$26,777
5 years$28,722$27,350$26,048$24,813$23,641$19,521
6 years$23,695$22,333$21,051$19,843$18,706$14,791
7 years$20,105$18,756$17,494$16,314$15,213$11,502
8 years$17,414$16,077$14,836$13,686$12,621$9,112
9 years$15,323$13,998$12,778$11,657$10,629$7,317
10 years$13,650$12,338$11,140$10,049$9,056$5,937
11 years$12,283$10,984$9,808$8,745$7,789$4,857
12 years$11,144$9,859$8,704$7,671$6,749$3,998
13 years$10,182$8,909$7,777$6,772$5,886$3,308
14 years$9,357$8,098$6,987$6,012$5,159$2,748
15 years$8,643$7,398$6,309$5,361$4,543$2,291
16 years$8,019$6,788$5,720$4,800$4,015$1,915
17 years$7,469$6,251$5,205$4,313$3,560$1,604
18 years$6,980$5,776$4,751$3,887$3,165$1,346
19 years$6,544$5,353$4,349$3,512$2,821$1,132
20 years$6,152$4,975$3,992$3,181$2,520$952
21 years$5,797$4,634$3,672$2,887$2,255$803
22 years$5,475$4,325$3,384$2,625$2,021$677
23 years$5,182$4,045$3,124$2,391$1,815$571
24 years$4,913$3,790$2,890$2,180$1,631$482
25 years$4,666$3,557$2,676$1,991$1,468$408
26 years$4,439$3,343$2,482$1,821$1,322$345
27 years$4,229$3,146$2,305$1,666$1,192$291
28 years$4,034$2,965$2,143$1,527$1,075$247
29 years$3,853$2,797$1,994$1,400$971$209
30 years$3,684$2,641$1,857$1,285$877$177
31 years$3,527$2,497$1,732$1,180$793$149
32 years$3,380$2,363$1,616$1,085$718$127
33 years$3,241$2,237$1,508$997$649$107
34 years$3,112$2,121$1,409$918$588$91
35 years$2,990$2,011$1,318$845$533$77
36 years$2,875$1,909$1,233$778$483$65
37 years$2,766$1,813$1,154$717$437$55
38 years$2,664$1,723$1,080$661$396$47
39 years$2,567$1,639$1,012$609$360$40
40 years$2,475$1,559$949$562$326$34
41 years$2,387$1,484$890$518$296$28
42 years$2,304$1,413$835$478$268$24
43 years$2,226$1,347$783$442$244$20
44 years$2,151$1,284$735$408$221$17
45 years$2,079$1,224$690$377$201$15
46 years$2,011$1,168$648$348$182$12
47 years$1,946$1,114$609$321$166$11
48 years$1,884$1,064$572$297$150$9
49 years$1,824$1,016$538$274$137$8
50 years$1,767$970$506$254$124$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $1,810,000, adding $5,726 every year, while hoping to spend $34,134 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: 52/22/26 Blend
66$1,810,000$1,810,000$1,810,000$1,810,000
67$2,000,526$1,904,596$1,876,541$2,089,741
68$2,168,262$1,961,603$1,903,087$2,209,212
69$2,351,962$2,020,260$1,929,378$2,335,164
70$2,553,220$2,080,610$1,955,370$2,471,490
71$2,773,789$2,142,700$1,981,015$2,619,194
72$3,015,600$2,206,577$2,006,264$2,779,379
73$3,280,781$2,272,289$2,031,064$2,953,261
74$3,571,674$2,339,885$2,055,358$3,142,179
75$3,890,861$2,409,415$2,079,088$3,347,608
76$4,241,183$2,480,931$2,102,192$3,571,172
77$4,625,771$2,554,484$2,124,603$3,814,660
78$5,048,076$2,630,130$2,146,253$4,080,042
79$5,511,895$2,707,922$2,167,069$4,369,489
80$6,021,415$2,787,917$2,186,972$4,685,390
81$6,581,246$2,870,171$2,205,882$5,030,380
82$7,196,468$2,954,744$2,223,714$5,407,360
83$7,872,676$3,041,695$2,240,377$5,819,527
84$8,616,036$3,131,085$2,255,776$6,270,401
85$9,433,339$3,222,976$2,269,813$6,763,864
86$10,332,070$3,317,432$2,282,381$7,304,188
87$11,320,471$3,414,516$2,293,371$7,896,085
88$12,407,627$3,514,295$2,302,667$8,544,743
89$13,603,545$3,616,836$2,310,147$9,255,881
90$14,919,253$3,722,208$2,315,683$10,035,799
91$16,366,900$3,830,479$2,319,141$10,891,439
92$17,959,872$3,941,721$2,320,381$11,830,450
93$19,712,919$4,056,005$2,319,254$12,861,262
94$21,642,293$4,173,405$2,315,605$13,993,164
95$23,765,901$4,293,996$2,309,271$15,236,390
96$26,103,473$4,417,852$2,300,082$16,602,219
97$28,676,751$4,545,051$2,287,859$18,103,078
98$31,509,692$4,675,671$2,272,415$19,752,665
99$34,628,692$4,809,790$2,253,552$21,566,070
100$38,062,838$4,947,489$2,231,065$23,559,926