Can I retire at age 78 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$142,862$141,589$140,348$139,136$137,953$136,797
2 years$70,724$69,406$68,130$66,892$65,692$64,527
3 years$46,681$45,358$44,085$42,859$41,678$40,540
4 years$34,662$33,343$32,082$30,877$29,725$28,623
5 years$27,452$26,141$24,897$23,717$22,596$21,533
6 years$22,647$21,346$20,121$18,966$17,880$16,857
7 years$19,217$17,927$16,720$15,593$14,541$13,559
8 years$16,645$15,366$14,180$13,081$12,063$11,122
9 years$14,646$13,379$12,213$11,142$10,159$9,258
10 years$13,047$11,793$10,648$9,604$8,656$7,795
11 years$11,740$10,499$9,374$8,359$7,444$6,623
12 years$10,652$9,423$8,319$7,332$6,451$5,668
13 years$9,732$8,516$7,433$6,473$5,626$4,881
14 years$8,943$7,741$6,678$5,746$4,931$4,223
15 years$8,261$7,071$6,030$5,124$4,342$3,669
16 years$7,665$6,488$5,467$4,588$3,837$3,200
17 years$7,139$5,975$4,975$4,123$3,402$2,798
18 years$6,672$5,521$4,541$3,715$3,025$2,454
19 years$6,255$5,117$4,157$3,357$2,697$2,156
20 years$5,880$4,755$3,815$3,040$2,409$1,899
21 years$5,541$4,429$3,509$2,759$2,155$1,674
22 years$5,233$4,134$3,234$2,509$1,932$1,479
23 years$4,953$3,867$2,986$2,285$1,734$1,308
24 years$4,696$3,623$2,762$2,084$1,559$1,158
25 years$4,460$3,400$2,558$1,903$1,403$1,026
26 years$4,243$3,195$2,372$1,740$1,264$910
27 years$4,042$3,007$2,203$1,593$1,139$808
28 years$3,856$2,834$2,048$1,459$1,028$717
29 years$3,683$2,673$1,906$1,338$928$638
30 years$3,522$2,525$1,775$1,228$839$567
31 years$3,371$2,387$1,655$1,128$758$504
32 years$3,230$2,258$1,544$1,037$686$449
33 years$3,098$2,139$1,442$953$621$399
34 years$2,974$2,027$1,347$877$562$356
35 years$2,858$1,922$1,259$807$509$317
36 years$2,748$1,825$1,178$744$461$282
37 years$2,644$1,733$1,103$685$418$252
38 years$2,546$1,647$1,033$632$379$224
39 years$2,453$1,566$968$582$344$200
40 years$2,365$1,490$907$537$312$178
41 years$2,282$1,418$850$496$283$159
42 years$2,203$1,351$798$457$257$142
43 years$2,127$1,287$748$422$233$127
44 years$2,055$1,227$703$390$211$113
45 years$1,987$1,170$660$360$192$101
46 years$1,922$1,116$620$333$174$90
47 years$1,860$1,065$582$307$158$80
48 years$1,800$1,017$547$284$144$72
49 years$1,743$971$514$262$130$64
50 years$1,689$927$483$242$119$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 78 starting with $1,730,000, adding $4,229 every year, while hoping to spend $58,412 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: 42/50/8 Blend
77$1,730,000$1,730,000$1,730,000$1,730,000
78$1,910,822$1,819,132$1,792,317$1,986,423
79$2,043,576$1,846,120$1,790,210$2,066,505
80$2,187,913$1,872,472$1,786,074$2,146,927
81$2,344,953$1,898,096$1,779,781$2,232,672
82$2,515,929$1,922,893$1,771,193$2,324,248
83$2,702,195$1,946,756$1,760,170$2,422,215
84$2,905,244$1,969,572$1,746,560$2,527,191
85$3,126,717$1,991,220$1,730,209$2,639,860
86$3,368,423$2,011,571$1,710,952$2,760,978
87$3,632,351$2,030,486$1,688,617$2,891,379
88$3,920,690$2,047,819$1,663,025$3,031,985
89$4,235,852$2,063,414$1,633,988$3,183,814
90$4,580,491$2,077,103$1,601,308$3,347,992
91$4,957,529$2,088,709$1,564,780$3,525,760
92$5,370,184$2,098,043$1,524,188$3,718,492
93$5,822,001$2,104,905$1,479,306$3,927,705
94$6,316,881$2,109,081$1,429,899$4,155,071
95$6,859,121$2,110,344$1,375,718$4,402,443
96$7,453,454$2,108,454$1,316,508$4,671,862
97$8,105,092$2,103,154$1,251,996$4,965,585
98$8,819,775$2,094,173$1,181,903$5,286,103
99$9,603,828$2,081,222$1,105,932$5,636,167
100$10,464,213$2,063,997$1,023,775$6,018,816