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%16.1%
1 years$156,900$155,503$154,139$152,808$151,509$147,726
2 years$77,673$76,227$74,825$73,465$72,147$68,360
3 years$51,268$49,815$48,417$47,070$45,773$42,100
4 years$38,068$36,619$35,235$33,911$32,646$29,115
5 years$30,150$28,710$27,344$26,047$24,817$21,438
6 years$24,873$23,444$22,098$20,830$19,637$16,414
7 years$21,105$19,688$18,363$17,126$15,970$12,903
8 years$18,280$16,876$15,574$14,366$13,249$10,336
9 years$16,085$14,694$13,414$12,237$11,157$8,397
10 years$14,329$12,952$11,694$10,548$9,506$6,895
11 years$12,894$11,530$10,295$9,180$8,176$5,709
12 years$11,698$10,349$9,137$8,052$7,085$4,759
13 years$10,688$9,353$8,163$7,109$6,178$3,988
14 years$9,822$8,501$7,335$6,310$5,416$3,357
15 years$9,073$7,766$6,622$5,628$4,769$2,836
16 years$8,418$7,125$6,004$5,039$4,214$2,403
17 years$7,840$6,562$5,463$4,528$3,737$2,041
18 years$7,328$6,064$4,987$4,080$3,323$1,737
19 years$6,869$5,620$4,566$3,687$2,962$1,482
20 years$6,457$5,222$4,190$3,339$2,645$1,265
21 years$6,085$4,864$3,854$3,031$2,367$1,082
22 years$5,747$4,540$3,552$2,755$2,122$926
23 years$5,439$4,247$3,280$2,509$1,905$793
24 years$5,157$3,979$3,033$2,289$1,712$680
25 years$4,898$3,734$2,809$2,090$1,541$583
26 years$4,660$3,509$2,606$1,911$1,388$501
27 years$4,439$3,303$2,420$1,749$1,251$430
28 years$4,235$3,112$2,249$1,603$1,129$370
29 years$4,045$2,936$2,093$1,470$1,019$318
30 years$3,868$2,773$1,950$1,349$921$273
31 years$3,702$2,621$1,818$1,239$833$235
32 years$3,548$2,480$1,696$1,139$753$202
33 years$3,403$2,349$1,583$1,047$682$174
34 years$3,266$2,226$1,479$963$617$150
35 years$3,138$2,111$1,383$887$559$129
36 years$3,018$2,004$1,294$817$507$111
37 years$2,904$1,903$1,211$752$459$95
38 years$2,796$1,809$1,134$694$416$82
39 years$2,694$1,720$1,063$640$377$71
40 years$2,598$1,636$996$590$342$61
41 years$2,506$1,558$934$544$311$52
42 years$2,419$1,484$876$502$282$45
43 years$2,336$1,414$822$464$256$39
44 years$2,257$1,347$772$428$232$33
45 years$2,182$1,285$725$395$211$29
46 years$2,111$1,226$681$365$191$25
47 years$2,043$1,170$639$337$174$21
48 years$1,977$1,117$601$312$158$18
49 years$1,915$1,066$565$288$143$16
50 years$1,855$1,019$531$266$130$14

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 $6,723 every year, while hoping to spend $48,896 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: 66/14/20 Blend
76$1,900,000$1,900,000$1,900,000$1,900,000
77$2,100,735$2,000,035$1,970,585$2,228,391
78$2,262,985$2,046,012$1,984,574$2,360,811
79$2,440,145$2,092,602$1,997,394$2,499,288
80$2,633,686$2,139,786$2,008,952$2,649,509
81$2,845,224$2,187,537$2,019,155$2,812,628
82$3,076,541$2,235,830$2,027,900$2,989,914
83$3,329,596$2,284,634$2,035,083$3,182,769
84$3,606,550$2,333,916$2,040,593$3,392,734
85$3,909,779$2,383,639$2,044,313$3,621,509
86$4,241,901$2,433,762$2,046,122$3,870,968
87$4,605,799$2,484,240$2,045,892$4,143,174
88$5,004,648$2,535,026$2,043,487$4,440,401
89$5,441,946$2,586,065$2,038,767$4,765,157
90$5,921,542$2,637,301$2,031,584$5,120,203
91$6,447,680$2,688,669$2,021,783$5,508,584
92$7,025,031$2,740,102$2,009,200$5,933,654
93$7,658,742$2,791,525$1,993,666$6,399,111
94$8,354,483$2,842,858$1,975,003$6,909,029
95$9,118,497$2,894,015$1,953,022$7,467,899
96$9,957,664$2,944,902$1,927,529$8,080,670
97$10,879,562$2,995,418$1,898,317$8,752,797
98$11,892,539$3,045,456$1,865,173$9,490,293
99$13,005,793$3,094,898$1,827,871$10,299,782
100$14,229,455$3,143,620$1,786,177$11,188,567