Can I retire at age 67 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$150,294$148,955$147,649$146,374$145,129$140,036
2 years$74,403$73,017$71,674$70,372$69,109$64,031
3 years$49,109$47,718$46,378$45,088$43,846$38,942
4 years$36,465$35,077$33,751$32,483$31,271$26,580
5 years$28,880$27,501$26,192$24,950$23,772$19,306
6 years$23,825$22,457$21,167$19,953$18,810$14,572
7 years$20,216$18,859$17,590$16,405$15,297$11,287
8 years$17,511$16,166$14,918$13,761$12,691$8,904
9 years$15,407$14,075$12,849$11,722$10,687$7,120
10 years$13,726$12,407$11,202$10,104$9,106$5,752
11 years$12,351$11,045$9,862$8,794$7,832$4,684
12 years$11,206$9,913$8,752$7,713$6,787$3,838
13 years$10,238$8,959$7,820$6,810$5,918$3,160
14 years$9,409$8,143$7,026$6,045$5,188$2,613
15 years$8,691$7,439$6,343$5,391$4,568$2,167
16 years$8,063$6,825$5,751$4,827$4,037$1,802
17 years$7,510$6,286$5,233$4,337$3,579$1,502
18 years$7,019$5,808$4,777$3,908$3,183$1,254
19 years$6,580$5,383$4,373$3,532$2,837$1,048
20 years$6,186$5,002$4,014$3,199$2,534$878
21 years$5,829$4,659$3,692$2,903$2,268$736
22 years$5,505$4,349$3,403$2,639$2,033$617
23 years$5,210$4,068$3,142$2,404$1,825$518
24 years$4,940$3,811$2,906$2,192$1,640$435
25 years$4,692$3,577$2,691$2,002$1,476$365
26 years$4,464$3,362$2,496$1,831$1,329$307
27 years$4,252$3,164$2,318$1,676$1,198$258
28 years$4,056$2,981$2,155$1,535$1,081$217
29 years$3,874$2,812$2,005$1,408$976$183
30 years$3,705$2,656$1,868$1,292$882$154
31 years$3,546$2,511$1,741$1,187$798$129
32 years$3,398$2,376$1,624$1,091$722$109
33 years$3,259$2,250$1,517$1,003$653$92
34 years$3,129$2,132$1,417$923$591$77
35 years$3,006$2,022$1,325$849$535$65
36 years$2,891$1,920$1,239$782$485$55
37 years$2,781$1,823$1,160$721$440$46
38 years$2,678$1,733$1,086$664$399$39
39 years$2,581$1,648$1,018$613$362$33
40 years$2,488$1,568$954$565$328$28
41 years$2,400$1,492$895$521$297$23
42 years$2,317$1,421$839$481$270$20
43 years$2,238$1,354$787$444$245$16
44 years$2,162$1,291$739$410$222$14
45 years$2,091$1,231$694$379$202$12
46 years$2,022$1,174$652$350$183$10
47 years$1,957$1,120$612$323$166$8
48 years$1,894$1,070$575$299$151$7
49 years$1,834$1,021$541$276$137$6
50 years$1,777$976$509$255$125$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $1,820,000, adding $2,853 every year, while hoping to spend $57,197 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: 51/42/7 Blend
66$1,820,000$1,820,000$1,820,000$1,820,000
67$2,008,583$1,912,123$1,883,913$2,107,378
68$2,152,601$1,944,960$1,886,167$2,207,731
69$2,309,392$1,977,489$1,886,579$2,310,356
70$2,480,199$2,009,634$1,885,028$2,420,551
71$2,666,388$2,041,315$1,881,385$2,539,040
72$2,869,464$2,072,444$1,875,517$2,666,621
73$3,091,084$2,102,929$1,867,281$2,804,174
74$3,333,071$2,132,668$1,856,531$2,952,668
75$3,597,431$2,161,556$1,843,112$3,113,173
76$3,886,374$2,189,477$1,826,861$3,286,870
77$4,202,333$2,216,310$1,807,609$3,475,058
78$4,547,985$2,241,923$1,785,179$3,679,173
79$4,926,280$2,266,178$1,759,382$3,900,798
80$5,340,464$2,288,924$1,730,025$4,141,678
81$5,794,114$2,310,004$1,696,903$4,403,737
82$6,291,167$2,329,247$1,659,803$4,689,101
83$6,835,960$2,346,475$1,618,501$5,000,109
84$7,433,269$2,361,493$1,572,762$5,339,346
85$8,088,355$2,374,100$1,522,342$5,709,659
86$8,807,013$2,384,075$1,466,986$6,114,193
87$9,595,623$2,391,190$1,406,425$6,556,412
88$10,461,215$2,395,197$1,340,379$7,040,139
89$11,411,534$2,395,837$1,268,556$7,569,590
90$12,455,108$2,392,830$1,190,650$8,149,414
91$13,601,334$2,385,884$1,106,342$8,784,741
92$14,860,563$2,374,685$1,015,298$9,481,225
93$16,244,198$2,358,902$917,168$10,245,105
94$17,764,801$2,338,183$811,588$11,083,260
95$19,436,212$2,312,156$698,177$12,003,276
96$21,273,678$2,280,424$576,539$13,013,521
97$23,293,998$2,242,569$446,257$14,123,220
98$25,515,678$2,198,147$306,899$15,342,548
99$27,959,108$2,146,687$158,011$16,682,725
100$30,646,754$2,087,692$0$18,156,125