Can I retire at age 78 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$152,771$151,410$150,083$148,787$147,522$144,661
2 years$75,629$74,221$72,856$71,532$70,248$67,378
3 years$49,919$48,504$47,142$45,831$44,568$41,778
4 years$37,066$35,656$34,308$33,019$31,787$29,097
5 years$29,356$27,954$26,624$25,362$24,164$21,583
6 years$24,218$22,827$21,516$20,282$19,120$16,651
7 years$20,550$19,170$17,880$16,675$15,550$13,193
8 years$17,799$16,432$15,164$13,988$12,900$10,655
9 years$15,661$14,307$13,061$11,915$10,864$8,729
10 years$13,952$12,611$11,386$10,271$9,256$7,230
11 years$12,554$11,227$10,024$8,939$7,961$6,040
12 years$11,391$10,077$8,896$7,840$6,899$5,081
13 years$10,407$9,106$7,948$6,922$6,016$4,298
14 years$9,564$8,277$7,142$6,144$5,273$3,653
15 years$8,834$7,562$6,448$5,480$4,643$3,116
16 years$8,196$6,938$5,846$4,907$4,104$2,667
17 years$7,634$6,389$5,320$4,408$3,638$2,288
18 years$7,135$5,904$4,856$3,973$3,235$1,968
19 years$6,689$5,472$4,446$3,590$2,884$1,695
20 years$6,288$5,085$4,080$3,251$2,576$1,463
21 years$5,925$4,736$3,753$2,951$2,305$1,265
22 years$5,596$4,421$3,459$2,683$2,066$1,094
23 years$5,296$4,135$3,194$2,443$1,855$948
24 years$5,022$3,874$2,953$2,229$1,667$822
25 years$4,770$3,636$2,736$2,035$1,500$713
26 years$4,537$3,417$2,537$1,861$1,351$619
27 years$4,322$3,216$2,356$1,703$1,218$537
28 years$4,123$3,030$2,190$1,561$1,099$467
29 years$3,938$2,859$2,038$1,431$993$406
30 years$3,766$2,700$1,898$1,313$897$353
31 years$3,605$2,552$1,770$1,206$811$307
32 years$3,454$2,415$1,651$1,109$733$267
33 years$3,313$2,287$1,542$1,019$664$233
34 years$3,180$2,167$1,441$938$601$203
35 years$3,056$2,056$1,347$863$544$176
36 years$2,938$1,951$1,260$795$493$154
37 years$2,827$1,853$1,179$733$447$134
38 years$2,722$1,761$1,104$675$405$117
39 years$2,623$1,675$1,035$623$367$102
40 years$2,529$1,593$970$574$333$88
41 years$2,440$1,517$909$530$302$77
42 years$2,355$1,444$853$489$274$67
43 years$2,275$1,376$800$451$249$59
44 years$2,198$1,312$751$417$226$51
45 years$2,125$1,251$705$385$205$44
46 years$2,055$1,193$663$356$186$39
47 years$1,989$1,139$622$329$169$34
48 years$1,925$1,087$585$304$154$29
49 years$1,864$1,038$550$281$140$26
50 years$1,806$992$517$259$127$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 78 starting with $1,850,000, adding $6,355 every year, while hoping to spend $40,009 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: 69/14/17 Blend
77$1,850,000$1,850,000$1,850,000$1,850,000
78$2,045,255$1,947,205$1,918,530$2,177,670
79$2,211,302$2,000,049$1,940,232$2,319,576
80$2,392,945$2,054,141$1,961,319$2,469,454
81$2,591,732$2,109,501$1,981,730$2,632,439
82$2,809,368$2,166,146$2,001,398$2,809,818
83$3,047,732$2,224,096$2,020,253$3,003,010
84$3,308,891$2,283,366$2,038,222$3,213,577
85$3,595,122$2,343,976$2,055,226$3,443,240
86$3,908,933$2,405,940$2,071,186$3,693,894
87$4,253,088$2,469,274$2,086,013$3,967,627
88$4,630,627$2,533,993$2,099,619$4,266,738
89$5,044,903$2,600,110$2,111,908$4,593,761
90$5,499,606$2,667,639$2,122,781$4,951,488
91$5,998,803$2,736,590$2,132,131$5,342,993
92$6,546,973$2,806,975$2,139,849$5,771,664
93$7,149,049$2,878,801$2,145,819$6,241,234
94$7,810,467$2,952,078$2,149,919$6,755,816
95$8,537,214$3,026,809$2,152,020$7,319,942
96$9,335,887$3,103,000$2,151,990$7,938,604
97$10,213,752$3,180,652$2,149,687$8,617,303
98$11,178,817$3,259,766$2,144,963$9,362,102
99$12,239,901$3,340,339$2,137,664$10,179,680
100$13,406,722$3,422,367$2,127,627$11,077,397