Can I retire at age 77 with 1,800,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$148,642$147,318$146,027$144,766$143,535$142,095
2 years$73,585$72,215$70,887$69,599$68,350$66,900
3 years$48,570$47,193$45,868$44,593$43,364$41,948
4 years$36,064$34,692$33,380$32,127$30,928$29,557
5 years$28,563$27,199$25,905$24,676$23,511$22,190
6 years$23,564$22,210$20,935$19,734$18,603$17,334
7 years$19,994$18,652$17,397$16,224$15,129$13,912
8 years$17,318$15,988$14,754$13,610$12,551$11,385
9 years$15,238$13,921$12,708$11,593$10,570$9,455
10 years$13,575$12,270$11,079$9,993$9,006$7,942
11 years$12,215$10,924$9,754$8,697$7,746$6,731
12 years$11,083$9,804$8,656$7,628$6,712$5,746
13 years$10,125$8,860$7,734$6,735$5,853$4,935
14 years$9,305$8,054$6,949$5,978$5,131$4,259
15 years$8,595$7,357$6,274$5,332$4,518$3,691
16 years$7,975$6,750$5,688$4,774$3,993$3,209
17 years$7,428$6,217$5,176$4,289$3,540$2,799
18 years$6,942$5,744$4,725$3,866$3,148$2,447
19 years$6,508$5,324$4,325$3,493$2,806$2,144
20 years$6,118$4,947$3,970$3,163$2,506$1,883
21 years$5,765$4,608$3,651$2,871$2,243$1,655
22 years$5,445$4,302$3,365$2,610$2,010$1,458
23 years$5,153$4,023$3,107$2,377$1,804$1,285
24 years$4,886$3,769$2,874$2,168$1,622$1,134
25 years$4,641$3,537$2,662$1,980$1,459$1,002
26 years$4,415$3,325$2,468$1,811$1,315$886
27 years$4,206$3,129$2,292$1,657$1,185$784
28 years$4,012$2,948$2,131$1,518$1,069$694
29 years$3,832$2,781$1,983$1,392$966$615
30 years$3,664$2,627$1,847$1,278$873$545
31 years$3,507$2,483$1,722$1,174$789$483
32 years$3,361$2,350$1,607$1,079$714$428
33 years$3,224$2,225$1,500$992$646$380
34 years$3,095$2,109$1,402$913$585$337
35 years$2,973$2,000$1,310$840$530$300
36 years$2,859$1,898$1,226$774$480$266
37 years$2,751$1,803$1,147$713$435$236
38 years$2,649$1,714$1,074$657$394$210
39 years$2,552$1,629$1,007$606$358$187
40 years$2,461$1,550$944$559$324$166
41 years$2,374$1,476$885$516$294$147
42 years$2,292$1,405$830$476$267$131
43 years$2,213$1,339$779$439$242$116
44 years$2,139$1,276$731$406$220$103
45 years$2,068$1,217$686$375$200$92
46 years$2,000$1,161$645$346$181$82
47 years$1,935$1,108$606$320$165$73
48 years$1,873$1,058$569$295$149$65
49 years$1,814$1,010$535$273$136$58
50 years$1,757$965$503$252$123$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 77 starting with $1,800,000, adding $4,445 every year, while hoping to spend $45,342 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: 45/34/21 Blend
76$1,800,000$1,800,000$1,800,000$1,800,000
77$1,988,185$1,892,785$1,864,885$2,065,448
78$2,142,736$1,937,288$1,879,115$2,164,727
79$2,311,532$1,982,452$1,892,302$2,267,509
80$2,495,978$2,028,261$1,904,364$2,378,041
81$2,697,620$2,074,698$1,915,212$2,497,065
82$2,918,162$2,121,743$1,924,756$2,625,398
83$3,159,478$2,169,373$1,932,900$2,763,941
84$3,423,634$2,217,561$1,939,541$2,913,688
85$3,712,904$2,266,281$1,944,575$3,075,733
86$4,029,791$2,315,500$1,947,889$3,251,283
87$4,377,053$2,365,182$1,949,367$3,441,666
88$4,757,727$2,415,291$1,948,885$3,648,349
89$5,175,157$2,465,782$1,946,315$3,872,947
90$5,633,028$2,516,610$1,941,521$4,117,242
91$6,135,396$2,567,723$1,934,361$4,383,196
92$6,686,732$2,619,067$1,924,688$4,672,975
93$7,291,958$2,670,581$1,912,344$4,988,963
94$7,956,497$2,722,199$1,897,167$5,333,793
95$8,686,324$2,773,850$1,878,986$5,710,363
96$9,488,017$2,825,457$1,857,621$6,121,872
97$10,368,828$2,876,938$1,832,884$6,571,843
98$11,336,742$2,928,201$1,804,579$7,064,163
99$12,400,558$2,979,151$1,772,500$7,603,115
100$13,569,968$3,029,682$1,736,432$8,193,423