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%14.8%
1 years$152,771$151,410$150,083$148,787$147,522$144,602
2 years$75,629$74,221$72,856$71,532$70,248$67,319
3 years$49,919$48,504$47,142$45,831$44,568$41,721
4 years$37,066$35,656$34,308$33,019$31,787$29,043
5 years$29,356$27,954$26,624$25,362$24,164$21,532
6 years$24,218$22,827$21,516$20,282$19,120$16,603
7 years$20,550$19,170$17,880$16,675$15,550$13,147
8 years$17,799$16,432$15,164$13,988$12,900$10,612
9 years$15,661$14,307$13,061$11,915$10,864$8,688
10 years$13,952$12,611$11,386$10,271$9,256$7,192
11 years$12,554$11,227$10,024$8,939$7,961$6,005
12 years$11,391$10,077$8,896$7,840$6,899$5,048
13 years$10,407$9,106$7,948$6,922$6,016$4,267
14 years$9,564$8,277$7,142$6,144$5,273$3,624
15 years$8,834$7,562$6,448$5,480$4,643$3,089
16 years$8,196$6,938$5,846$4,907$4,104$2,642
17 years$7,634$6,389$5,320$4,408$3,638$2,265
18 years$7,135$5,904$4,856$3,973$3,235$1,947
19 years$6,689$5,472$4,446$3,590$2,884$1,676
20 years$6,288$5,085$4,080$3,251$2,576$1,445
21 years$5,925$4,736$3,753$2,951$2,305$1,248
22 years$5,596$4,421$3,459$2,683$2,066$1,079
23 years$5,296$4,135$3,194$2,443$1,855$934
24 years$5,022$3,874$2,953$2,229$1,667$809
25 years$4,770$3,636$2,736$2,035$1,500$701
26 years$4,537$3,417$2,537$1,861$1,351$608
27 years$4,322$3,216$2,356$1,703$1,218$528
28 years$4,123$3,030$2,190$1,561$1,099$458
29 years$3,938$2,859$2,038$1,431$993$398
30 years$3,766$2,700$1,898$1,313$897$346
31 years$3,605$2,552$1,770$1,206$811$301
32 years$3,454$2,415$1,651$1,109$733$262
33 years$3,313$2,287$1,542$1,019$664$227
34 years$3,180$2,167$1,441$938$601$198
35 years$3,056$2,056$1,347$863$544$172
36 years$2,938$1,951$1,260$795$493$150
37 years$2,827$1,853$1,179$733$447$130
38 years$2,722$1,761$1,104$675$405$113
39 years$2,623$1,675$1,035$623$367$99
40 years$2,529$1,593$970$574$333$86
41 years$2,440$1,517$909$530$302$75
42 years$2,355$1,444$853$489$274$65
43 years$2,275$1,376$800$451$249$57
44 years$2,198$1,312$751$417$226$49
45 years$2,125$1,251$705$385$205$43
46 years$2,055$1,193$663$356$186$37
47 years$1,989$1,139$622$329$169$33
48 years$1,925$1,087$585$304$154$28
49 years$1,864$1,038$550$281$140$25
50 years$1,806$992$517$259$127$22

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 $4,445 every year, while hoping to spend $22,000 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: 35/44/21 Blend
66$1,850,000$1,850,000$1,850,000$1,850,000
67$2,043,285$1,945,235$1,916,560$2,101,604
68$2,228,292$2,017,144$1,957,357$2,216,805
69$2,431,433$2,091,839$1,998,783$2,338,671
70$2,654,533$2,169,433$2,040,837$2,469,711
71$2,899,605$2,250,045$2,083,514$2,610,756
72$3,168,866$2,333,798$2,126,813$2,762,716
73$3,464,756$2,420,819$2,170,727$2,926,591
74$3,789,965$2,511,244$2,215,251$3,103,479
75$4,147,459$2,605,212$2,260,378$3,294,587
76$4,540,500$2,702,868$2,306,101$3,501,240
77$4,972,686$2,804,363$2,352,411$3,724,892
78$5,447,981$2,909,858$2,399,298$3,967,144
79$5,970,750$3,019,516$2,446,749$4,229,753
80$6,545,805$3,133,511$2,494,753$4,514,652
81$7,178,445$3,252,021$2,543,296$4,823,966
82$7,874,511$3,375,235$2,592,361$5,160,029
83$8,640,438$3,503,348$2,641,932$5,525,410
84$9,483,315$3,636,564$2,691,989$5,922,935
85$10,410,955$3,775,097$2,742,512$6,355,710
86$11,431,964$3,919,169$2,793,478$6,827,153
87$12,555,828$4,069,012$2,844,863$7,341,024
88$13,792,997$4,224,868$2,896,640$7,901,460
89$15,154,985$4,386,990$2,948,781$8,513,012
90$16,654,483$4,555,641$3,001,254$9,180,691
91$18,305,470$4,731,098$3,054,027$9,910,007
92$20,123,354$4,913,647$3,107,062$10,707,030
93$22,125,109$5,103,589$3,160,322$11,578,435
94$24,329,443$5,301,237$3,213,765$12,531,575
95$26,756,967$5,506,918$3,267,347$13,574,541
96$29,430,394$5,720,975$3,321,020$14,716,240
97$32,374,755$5,943,763$3,374,734$15,966,481
98$35,617,627$6,175,655$3,428,436$17,336,061
99$39,189,403$6,417,040$3,482,066$18,836,868
100$43,123,572$6,668,324$3,535,565$20,481,995