Can I retire at age 77 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$157,726$156,321$154,950$153,612$152,306$147,845
2 years$78,082$76,628$75,219$73,852$72,527$68,069
3 years$51,538$50,077$48,671$47,318$46,014$41,698
4 years$38,268$36,812$35,420$34,090$32,818$28,678
5 years$30,308$28,861$27,488$26,184$24,947$20,994
6 years$25,004$23,567$22,214$20,940$19,740$15,977
7 years$21,216$19,792$18,460$17,216$16,054$12,482
8 years$18,377$16,965$15,656$14,442$13,318$9,934
9 years$16,169$14,771$13,484$12,301$11,216$8,017
10 years$14,405$13,020$11,756$10,604$9,557$6,538
11 years$12,962$11,591$10,350$9,228$8,219$5,375
12 years$11,760$10,404$9,185$8,095$7,122$4,449
13 years$10,744$9,402$8,206$7,146$6,211$3,701
14 years$9,874$8,546$7,373$6,344$5,444$3,092
15 years$9,121$7,807$6,657$5,657$4,794$2,592
16 years$8,462$7,163$6,036$5,066$4,237$2,179
17 years$7,882$6,597$5,492$4,551$3,756$1,836
18 years$7,366$6,095$5,014$4,102$3,340$1,550
19 years$6,906$5,649$4,590$3,706$2,977$1,311
20 years$6,491$5,250$4,212$3,357$2,659$1,110
21 years$6,117$4,890$3,874$3,046$2,380$941
22 years$5,778$4,564$3,571$2,770$2,133$799
23 years$5,468$4,269$3,297$2,523$1,915$678
24 years$5,185$4,000$3,049$2,301$1,721$577
25 years$4,924$3,754$2,824$2,101$1,549$490
26 years$4,684$3,528$2,619$1,921$1,395$417
27 years$4,463$3,320$2,432$1,759$1,258$355
28 years$4,257$3,128$2,261$1,611$1,135$302
29 years$4,066$2,951$2,104$1,478$1,025$258
30 years$3,888$2,787$1,960$1,356$926$219
31 years$3,722$2,635$1,827$1,245$837$187
32 years$3,566$2,493$1,705$1,145$757$159
33 years$3,421$2,361$1,592$1,052$685$136
34 years$3,284$2,238$1,487$968$620$116
35 years$3,155$2,122$1,391$891$562$99
36 years$3,034$2,014$1,301$821$509$84
37 years$2,919$1,913$1,218$756$461$72
38 years$2,811$1,818$1,140$697$418$61
39 years$2,708$1,729$1,068$643$379$52
40 years$2,611$1,645$1,001$593$344$45
41 years$2,519$1,566$939$547$312$38
42 years$2,432$1,491$881$505$283$32
43 years$2,349$1,421$826$466$257$28
44 years$2,269$1,354$776$430$233$24
45 years$2,194$1,292$728$397$212$20
46 years$2,122$1,232$684$367$192$17
47 years$2,053$1,176$643$339$175$15
48 years$1,988$1,122$604$313$159$13
49 years$1,925$1,072$568$290$144$11
50 years$1,865$1,024$534$268$131$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 77 starting with $1,910,000, adding $3,930 every year, while hoping to spend $52,636 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: 48/24/28 Blend
76$1,910,000$1,910,000$1,910,000$1,910,000
77$2,108,874$2,007,644$1,978,039$2,193,075
78$2,267,975$2,050,014$1,988,299$2,295,079
79$2,441,540$2,092,696$1,997,138$2,400,315
80$2,630,989$2,135,650$2,004,454$2,513,585
81$2,837,884$2,178,832$2,010,138$2,635,673
82$3,063,947$2,222,193$2,014,077$2,767,443
83$3,311,071$2,265,682$2,016,150$2,909,850
84$3,581,342$2,309,242$2,016,232$3,063,948
85$3,877,055$2,352,812$2,014,193$3,230,896
86$4,200,740$2,396,324$2,009,893$3,411,976
87$4,555,179$2,439,708$2,003,188$3,608,601
88$4,943,439$2,482,885$1,993,926$3,822,328
89$5,368,895$2,525,773$1,981,949$4,054,878
90$5,835,267$2,568,280$1,967,089$4,308,145
91$6,346,650$2,610,311$1,949,171$4,584,222
92$6,907,553$2,651,761$1,928,014$4,885,416
93$7,522,945$2,692,519$1,903,424$5,214,270
94$8,198,298$2,732,465$1,875,201$5,573,591
95$8,939,639$2,771,470$1,843,135$5,966,475
96$9,753,608$2,809,398$1,807,006$6,396,335
97$10,647,519$2,846,102$1,766,583$6,866,937
98$11,629,429$2,881,424$1,721,627$7,382,434
99$12,708,213$2,915,196$1,671,884$7,947,406
100$13,893,650$2,947,239$1,617,091$8,566,903