Can I retire at age 78 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$151,120$149,774$148,460$147,178$145,927$141,312
2 years$74,812$73,418$72,068$70,759$69,489$64,882
3 years$49,379$47,980$46,633$45,336$44,087$39,631
4 years$36,665$35,270$33,937$32,662$31,443$27,173
5 years$29,039$27,652$26,336$25,088$23,902$19,830
6 years$23,956$22,580$21,284$20,063$18,913$15,042
7 years$20,327$18,963$17,687$16,495$15,381$11,711
8 years$17,607$16,255$15,000$13,837$12,760$9,288
9 years$15,492$14,153$12,919$11,786$10,746$7,468
10 years$13,801$12,475$11,263$10,160$9,156$6,067
11 years$12,419$11,106$9,916$8,842$7,875$4,969
12 years$11,267$9,968$8,800$7,756$6,824$4,096
13 years$10,294$9,008$7,862$6,847$5,951$3,394
14 years$9,460$8,188$7,064$6,078$5,216$2,823
15 years$8,739$7,480$6,378$5,421$4,593$2,357
16 years$8,108$6,863$5,783$4,853$4,059$1,973
17 years$7,551$6,320$5,262$4,361$3,599$1,655
18 years$7,058$5,840$4,804$3,930$3,200$1,391
19 years$6,616$5,413$4,398$3,551$2,852$1,171
20 years$6,220$5,030$4,036$3,216$2,548$987
21 years$5,861$4,685$3,712$2,919$2,280$833
22 years$5,536$4,373$3,421$2,654$2,044$704
23 years$5,239$4,090$3,159$2,417$1,835$595
24 years$4,967$3,832$2,922$2,204$1,649$503
25 years$4,718$3,596$2,706$2,013$1,484$426
26 years$4,488$3,380$2,510$1,841$1,337$361
27 years$4,276$3,181$2,330$1,685$1,205$305
28 years$4,079$2,997$2,166$1,544$1,087$259
29 years$3,896$2,828$2,016$1,416$982$219
30 years$3,725$2,670$1,878$1,299$887$186
31 years$3,566$2,524$1,751$1,193$802$158
32 years$3,417$2,389$1,633$1,097$726$134
33 years$3,277$2,262$1,525$1,008$657$113
34 years$3,146$2,144$1,425$928$594$96
35 years$3,023$2,034$1,332$854$538$82
36 years$2,906$1,930$1,246$787$488$69
37 years$2,797$1,833$1,167$725$442$59
38 years$2,693$1,742$1,092$668$401$50
39 years$2,595$1,657$1,023$616$364$42
40 years$2,502$1,576$959$568$330$36
41 years$2,414$1,500$899$524$299$30
42 years$2,330$1,429$844$484$271$26
43 years$2,250$1,361$792$447$246$22
44 years$2,174$1,298$743$412$224$19
45 years$2,102$1,237$698$381$203$16
46 years$2,033$1,181$655$352$184$13
47 years$1,967$1,127$616$325$167$11
48 years$1,904$1,075$579$300$152$10
49 years$1,844$1,027$544$278$138$8
50 years$1,787$981$511$257$125$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 78 starting with $1,830,000, adding $4,076 every year, while hoping to spend $50,077 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: 67/5/28 Blend
77$1,830,000$1,830,000$1,830,000$1,830,000
78$2,020,864$1,923,874$1,895,509$2,141,178
79$2,173,711$1,964,863$1,905,727$2,263,746
80$2,340,470$2,006,181$1,914,609$2,391,742
81$2,522,506$2,047,793$1,922,058$2,530,624
82$2,721,325$2,089,658$1,927,970$2,681,470
83$2,938,581$2,131,732$1,932,238$2,845,468
84$3,176,098$2,173,968$1,934,749$3,023,930
85$3,435,881$2,216,313$1,935,384$3,218,300
86$3,720,140$2,258,712$1,934,019$3,430,171
87$4,031,309$2,301,103$1,930,523$3,661,298
88$4,372,065$2,343,421$1,924,758$3,913,616
89$4,745,360$2,385,593$1,916,582$4,189,259
90$5,154,443$2,427,542$1,905,843$4,490,577
91$5,602,891$2,469,187$1,892,384$4,820,163
92$6,094,646$2,510,437$1,876,039$5,180,874
93$6,634,048$2,551,196$1,856,634$5,575,860
94$7,225,878$2,591,362$1,833,989$6,008,593
95$7,875,402$2,630,824$1,807,912$6,482,900
96$8,588,420$2,669,462$1,778,205$7,003,002
97$9,371,324$2,707,150$1,744,659$7,573,548
98$10,231,150$2,743,751$1,707,056$8,199,665
99$11,175,653$2,779,121$1,665,168$8,887,005
100$12,213,374$2,813,102$1,618,756$9,641,798