Can I retire at age 67 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$152,771$151,410$150,083$148,787$147,522$146,469
2 years$75,629$74,221$72,856$71,532$70,248$69,187
3 years$49,919$48,504$47,142$45,831$44,568$43,531
4 years$37,066$35,656$34,308$33,019$31,787$30,781
5 years$29,356$27,954$26,624$25,362$24,164$23,194
6 years$24,218$22,827$21,516$20,282$19,120$18,186
7 years$20,550$19,170$17,880$16,675$15,550$14,652
8 years$17,799$16,432$15,164$13,988$12,900$12,039
9 years$15,661$14,307$13,061$11,915$10,864$10,040
10 years$13,952$12,611$11,386$10,271$9,256$8,468
11 years$12,554$11,227$10,024$8,939$7,961$7,208
12 years$11,391$10,077$8,896$7,840$6,899$6,181
13 years$10,407$9,106$7,948$6,922$6,016$5,332
14 years$9,564$8,277$7,142$6,144$5,273$4,623
15 years$8,834$7,562$6,448$5,480$4,643$4,025
16 years$8,196$6,938$5,846$4,907$4,104$3,517
17 years$7,634$6,389$5,320$4,408$3,638$3,082
18 years$7,135$5,904$4,856$3,973$3,235$2,708
19 years$6,689$5,472$4,446$3,590$2,884$2,385
20 years$6,288$5,085$4,080$3,251$2,576$2,105
21 years$5,925$4,736$3,753$2,951$2,305$1,860
22 years$5,596$4,421$3,459$2,683$2,066$1,647
23 years$5,296$4,135$3,194$2,443$1,855$1,460
24 years$5,022$3,874$2,953$2,229$1,667$1,295
25 years$4,770$3,636$2,736$2,035$1,500$1,150
26 years$4,537$3,417$2,537$1,861$1,351$1,023
27 years$4,322$3,216$2,356$1,703$1,218$910
28 years$4,123$3,030$2,190$1,561$1,099$810
29 years$3,938$2,859$2,038$1,431$993$722
30 years$3,766$2,700$1,898$1,313$897$643
31 years$3,605$2,552$1,770$1,206$811$574
32 years$3,454$2,415$1,651$1,109$733$512
33 years$3,313$2,287$1,542$1,019$664$457
34 years$3,180$2,167$1,441$938$601$408
35 years$3,056$2,056$1,347$863$544$364
36 years$2,938$1,951$1,260$795$493$325
37 years$2,827$1,853$1,179$733$447$291
38 years$2,722$1,761$1,104$675$405$260
39 years$2,623$1,675$1,035$623$367$232
40 years$2,529$1,593$970$574$333$208
41 years$2,440$1,517$909$530$302$186
42 years$2,355$1,444$853$489$274$166
43 years$2,275$1,376$800$451$249$148
44 years$2,198$1,312$751$417$226$133
45 years$2,125$1,251$705$385$205$119
46 years$2,055$1,193$663$356$186$106
47 years$1,989$1,139$622$329$169$95
48 years$1,925$1,087$585$304$154$85
49 years$1,864$1,038$550$281$140$76
50 years$1,806$992$517$259$127$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $1,850,000, adding $3,167 every year, while hoping to spend $32,878 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: 44/41/15 Blend
66$1,850,000$1,850,000$1,850,000$1,850,000
67$2,041,967$1,943,917$1,915,242$2,122,850
68$2,215,265$2,004,187$1,944,420$2,240,001
69$2,405,139$2,066,308$1,973,475$2,363,366
70$2,613,242$2,130,337$2,002,366$2,496,367
71$2,841,400$2,196,330$2,031,052$2,639,909
72$3,091,620$2,264,348$2,059,490$2,794,983
73$3,366,116$2,334,451$2,087,633$2,962,681
74$3,667,323$2,406,703$2,115,432$3,144,205
75$3,997,926$2,481,167$2,142,835$3,340,875
76$4,360,882$2,557,912$2,169,787$3,554,146
77$4,759,447$2,637,004$2,196,230$3,785,617
78$5,197,208$2,718,515$2,222,101$4,037,049
79$5,678,119$2,802,518$2,247,337$4,310,379
80$6,206,532$2,889,087$2,271,869$4,607,740
81$6,787,245$2,978,299$2,295,623$4,931,479
82$7,425,542$3,070,233$2,318,524$5,284,182
83$8,127,244$3,164,971$2,340,491$5,668,694
84$8,898,765$3,262,596$2,361,439$6,088,147
85$9,747,170$3,363,195$2,381,279$6,545,991
86$10,680,247$3,466,857$2,399,917$7,046,025
87$11,706,571$3,573,672$2,417,254$7,592,432
88$12,835,594$3,683,735$2,433,184$8,189,818
89$14,077,729$3,797,142$2,447,600$8,843,257
90$15,444,447$3,913,992$2,460,385$9,558,338
91$16,948,391$4,034,388$2,471,418$10,341,214
92$18,603,489$4,158,434$2,480,572$11,198,666
93$20,425,086$4,286,239$2,487,713$12,138,159
94$22,430,094$4,417,914$2,492,700$13,167,920
95$24,637,145$4,553,573$2,495,387$14,297,009
96$27,066,769$4,693,333$2,495,617$15,535,409
97$29,741,589$4,837,316$2,493,230$16,894,115
98$32,686,531$4,985,645$2,488,054$18,385,240
99$35,929,064$5,138,448$2,479,910$20,022,132
100$39,499,453$5,295,857$2,468,612$21,819,492