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

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$156,900$155,503$154,139$152,808$151,509$150,428
2 years$77,673$76,227$74,825$73,465$72,147$71,057
3 years$51,268$49,815$48,417$47,070$45,773$44,708
4 years$38,068$36,619$35,235$33,911$32,646$31,613
5 years$30,150$28,710$27,344$26,047$24,817$23,820
6 years$24,873$23,444$22,098$20,830$19,637$18,678
7 years$21,105$19,688$18,363$17,126$15,970$15,048
8 years$18,280$16,876$15,574$14,366$13,249$12,365
9 years$16,085$14,694$13,414$12,237$11,157$10,311
10 years$14,329$12,952$11,694$10,548$9,506$8,697
11 years$12,894$11,530$10,295$9,180$8,176$7,403
12 years$11,698$10,349$9,137$8,052$7,085$6,348
13 years$10,688$9,353$8,163$7,109$6,178$5,476
14 years$9,822$8,501$7,335$6,310$5,416$4,748
15 years$9,073$7,766$6,622$5,628$4,769$4,134
16 years$8,418$7,125$6,004$5,039$4,214$3,612
17 years$7,840$6,562$5,463$4,528$3,737$3,165
18 years$7,328$6,064$4,987$4,080$3,323$2,782
19 years$6,869$5,620$4,566$3,687$2,962$2,450
20 years$6,457$5,222$4,190$3,339$2,645$2,162
21 years$6,085$4,864$3,854$3,031$2,367$1,911
22 years$5,747$4,540$3,552$2,755$2,122$1,691
23 years$5,439$4,247$3,280$2,509$1,905$1,499
24 years$5,157$3,979$3,033$2,289$1,712$1,330
25 years$4,898$3,734$2,809$2,090$1,541$1,181
26 years$4,660$3,509$2,606$1,911$1,388$1,050
27 years$4,439$3,303$2,420$1,749$1,251$934
28 years$4,235$3,112$2,249$1,603$1,129$832
29 years$4,045$2,936$2,093$1,470$1,019$741
30 years$3,868$2,773$1,950$1,349$921$661
31 years$3,702$2,621$1,818$1,239$833$589
32 years$3,548$2,480$1,696$1,139$753$526
33 years$3,403$2,349$1,583$1,047$682$469
34 years$3,266$2,226$1,479$963$617$419
35 years$3,138$2,111$1,383$887$559$374
36 years$3,018$2,004$1,294$817$507$334
37 years$2,904$1,903$1,211$752$459$298
38 years$2,796$1,809$1,134$694$416$267
39 years$2,694$1,720$1,063$640$377$238
40 years$2,598$1,636$996$590$342$213
41 years$2,506$1,558$934$544$311$191
42 years$2,419$1,484$876$502$282$170
43 years$2,336$1,414$822$464$256$152
44 years$2,257$1,347$772$428$232$136
45 years$2,182$1,285$725$395$211$122
46 years$2,111$1,226$681$365$191$109
47 years$2,043$1,170$639$337$174$98
48 years$1,977$1,117$601$312$158$87
49 years$1,915$1,066$565$288$143$78
50 years$1,855$1,019$531$266$130$70

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 $4,180 every year, while hoping to spend $28,245 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: 25/45/30 Blend
76$1,900,000$1,900,000$1,900,000$1,900,000
77$2,098,112$1,997,412$1,967,962$2,130,826
78$2,282,067$2,065,232$2,003,836$2,226,623
79$2,483,838$2,135,430$2,039,965$2,326,604
80$2,705,214$2,208,090$2,076,329$2,433,223
81$2,948,163$2,283,304$2,112,903$2,547,058
82$3,214,854$2,361,164$2,149,663$2,668,742
83$3,507,676$2,441,767$2,186,583$2,798,973
84$3,829,260$2,525,215$2,223,635$2,938,512
85$4,182,505$2,611,611$2,260,788$3,088,199
86$4,570,605$2,701,065$2,298,009$3,248,956
87$4,997,078$2,793,689$2,335,263$3,421,793
88$5,465,800$2,889,599$2,372,515$3,607,822
89$5,981,041$2,988,919$2,409,723$3,808,265
90$6,547,505$3,091,773$2,446,846$4,024,465
91$7,170,374$3,198,294$2,483,840$4,257,898
92$7,855,360$3,308,618$2,520,656$4,510,186
93$8,608,753$3,422,886$2,557,244$4,783,115
94$9,437,484$3,541,246$2,593,550$5,078,646
95$10,349,191$3,663,851$2,629,518$5,398,938
96$11,352,288$3,790,860$2,665,086$5,746,366
97$12,456,047$3,922,437$2,700,192$6,123,542
98$13,670,683$4,058,756$2,734,767$6,533,342
99$15,007,451$4,199,993$2,768,741$6,978,928
100$16,478,754$4,346,336$2,802,037$7,463,781