Can I retire at age 77 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$156,900$155,503$154,139$152,808$151,509$149,430
2 years$77,673$76,227$74,825$73,465$72,147$70,056
3 years$51,268$49,815$48,417$47,070$45,773$43,735
4 years$38,068$36,619$35,235$33,911$32,646$30,677
5 years$30,150$28,710$27,344$26,047$24,817$22,922
6 years$24,873$23,444$22,098$20,830$19,637$17,819
7 years$21,105$19,688$18,363$17,126$15,970$14,230
8 years$18,280$16,876$15,574$14,366$13,249$11,585
9 years$16,085$14,694$13,414$12,237$11,157$9,571
10 years$14,329$12,952$11,694$10,548$9,506$7,995
11 years$12,894$11,530$10,295$9,180$8,176$6,738
12 years$11,698$10,349$9,137$8,052$7,085$5,720
13 years$10,688$9,353$8,163$7,109$6,178$4,883
14 years$9,822$8,501$7,335$6,310$5,416$4,189
15 years$9,073$7,766$6,622$5,628$4,769$3,608
16 years$8,418$7,125$6,004$5,039$4,214$3,118
17 years$7,840$6,562$5,463$4,528$3,737$2,702
18 years$7,328$6,064$4,987$4,080$3,323$2,348
19 years$6,869$5,620$4,566$3,687$2,962$2,044
20 years$6,457$5,222$4,190$3,339$2,645$1,782
21 years$6,085$4,864$3,854$3,031$2,367$1,557
22 years$5,747$4,540$3,552$2,755$2,122$1,361
23 years$5,439$4,247$3,280$2,509$1,905$1,192
24 years$5,157$3,979$3,033$2,289$1,712$1,045
25 years$4,898$3,734$2,809$2,090$1,541$916
26 years$4,660$3,509$2,606$1,911$1,388$805
27 years$4,439$3,303$2,420$1,749$1,251$707
28 years$4,235$3,112$2,249$1,603$1,129$621
29 years$4,045$2,936$2,093$1,470$1,019$546
30 years$3,868$2,773$1,950$1,349$921$481
31 years$3,702$2,621$1,818$1,239$833$423
32 years$3,548$2,480$1,696$1,139$753$372
33 years$3,403$2,349$1,583$1,047$682$328
34 years$3,266$2,226$1,479$963$617$289
35 years$3,138$2,111$1,383$887$559$255
36 years$3,018$2,004$1,294$817$507$224
37 years$2,904$1,903$1,211$752$459$198
38 years$2,796$1,809$1,134$694$416$174
39 years$2,694$1,720$1,063$640$377$154
40 years$2,598$1,636$996$590$342$136
41 years$2,506$1,558$934$544$311$120
42 years$2,419$1,484$876$502$282$105
43 years$2,336$1,414$822$464$256$93
44 years$2,257$1,347$772$428$232$82
45 years$2,182$1,285$725$395$211$72
46 years$2,111$1,226$681$365$191$64
47 years$2,043$1,170$639$337$174$56
48 years$1,977$1,117$601$312$158$50
49 years$1,915$1,066$565$288$143$44
50 years$1,855$1,019$531$266$130$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 77 starting with $1,900,000, adding $4,412 every year, while hoping to spend $45,928 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: 68/22/10 Blend
76$1,900,000$1,900,000$1,900,000$1,900,000
77$2,098,351$1,997,651$1,968,201$2,236,472
78$2,263,516$2,046,669$1,985,269$2,377,776
79$2,443,988$2,096,549$2,001,369$2,526,318
80$2,641,281$2,147,286$2,016,421$2,687,559
81$2,857,059$2,198,871$2,030,339$2,862,735
82$3,093,158$2,251,294$2,043,034$3,053,209
83$3,351,596$2,304,544$2,054,411$3,260,482
84$3,634,597$2,358,605$2,064,373$3,486,208
85$3,944,611$2,413,461$2,072,813$3,732,206
86$4,284,333$2,469,092$2,079,624$4,000,483
87$4,656,734$2,525,477$2,084,691$4,293,246
88$5,065,085$2,582,589$2,087,892$4,612,929
89$5,512,988$2,640,401$2,089,102$4,962,212
90$6,004,413$2,698,881$2,088,186$5,344,048
91$6,543,730$2,757,993$2,085,007$5,761,690
92$7,135,753$2,817,697$2,079,418$6,218,722
93$7,785,786$2,877,951$2,071,265$6,719,092
94$8,499,672$2,938,706$2,060,388$7,267,151
95$9,283,846$2,999,910$2,046,618$7,867,692
96$10,145,397$3,061,504$2,029,779$8,525,997
97$11,092,137$3,123,427$2,009,685$9,247,884
98$12,132,669$3,185,609$1,986,144$10,039,766
99$13,276,473$3,247,976$1,958,952$10,908,709
100$14,533,993$3,310,446$1,927,896$11,862,497