Can I retire at age 80 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%16.2%
1 years$152,771$151,410$150,083$148,787$147,522$143,780
2 years$75,629$74,221$72,856$71,532$70,248$66,503
3 years$49,919$48,504$47,142$45,831$44,568$40,937
4 years$37,066$35,656$34,308$33,019$31,787$28,296
5 years$29,356$27,954$26,624$25,362$24,164$20,824
6 years$24,218$22,827$21,516$20,282$19,120$15,935
7 years$20,550$19,170$17,880$16,675$15,550$12,519
8 years$17,799$16,432$15,164$13,988$12,900$10,023
9 years$15,661$14,307$13,061$11,915$10,864$8,137
10 years$13,952$12,611$11,386$10,271$9,256$6,678
11 years$12,554$11,227$10,024$8,939$7,961$5,526
12 years$11,391$10,077$8,896$7,840$6,899$4,603
13 years$10,407$9,106$7,948$6,922$6,016$3,855
14 years$9,564$8,277$7,142$6,144$5,273$3,243
15 years$8,834$7,562$6,448$5,480$4,643$2,738
16 years$8,196$6,938$5,846$4,907$4,104$2,318
17 years$7,634$6,389$5,320$4,408$3,638$1,968
18 years$7,135$5,904$4,856$3,973$3,235$1,674
19 years$6,689$5,472$4,446$3,590$2,884$1,426
20 years$6,288$5,085$4,080$3,251$2,576$1,217
21 years$5,925$4,736$3,753$2,951$2,305$1,040
22 years$5,596$4,421$3,459$2,683$2,066$889
23 years$5,296$4,135$3,194$2,443$1,855$761
24 years$5,022$3,874$2,953$2,229$1,667$652
25 years$4,770$3,636$2,736$2,035$1,500$559
26 years$4,537$3,417$2,537$1,861$1,351$479
27 years$4,322$3,216$2,356$1,703$1,218$411
28 years$4,123$3,030$2,190$1,561$1,099$353
29 years$3,938$2,859$2,038$1,431$993$303
30 years$3,766$2,700$1,898$1,313$897$261
31 years$3,605$2,552$1,770$1,206$811$224
32 years$3,454$2,415$1,651$1,109$733$192
33 years$3,313$2,287$1,542$1,019$664$165
34 years$3,180$2,167$1,441$938$601$142
35 years$3,056$2,056$1,347$863$544$122
36 years$2,938$1,951$1,260$795$493$105
37 years$2,827$1,853$1,179$733$447$90
38 years$2,722$1,761$1,104$675$405$78
39 years$2,623$1,675$1,035$623$367$67
40 years$2,529$1,593$970$574$333$58
41 years$2,440$1,517$909$530$302$50
42 years$2,355$1,444$853$489$274$43
43 years$2,275$1,376$800$451$249$37
44 years$2,198$1,312$751$417$226$32
45 years$2,125$1,251$705$385$205$27
46 years$2,055$1,193$663$356$186$23
47 years$1,989$1,139$622$329$169$20
48 years$1,925$1,087$585$304$154$17
49 years$1,864$1,038$550$281$140$15
50 years$1,806$992$517$259$127$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $1,850,000, adding $3,499 every year, while hoping to spend $58,046 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: 41/29/30 Blend
79$1,850,000$1,850,000$1,850,000$1,850,000
80$2,042,309$1,944,259$1,915,584$2,107,908
81$2,188,864$1,977,767$1,917,996$2,189,385
82$2,348,422$2,010,972$1,918,543$2,271,876
83$2,522,249$2,043,797$1,917,101$2,360,086
84$2,711,736$2,076,160$1,913,541$2,454,578
85$2,918,415$2,107,975$1,907,727$2,555,976
86$3,143,973$2,139,145$1,899,516$2,664,970
87$3,390,266$2,169,571$1,888,758$2,782,321
88$3,659,338$2,199,145$1,875,296$2,908,870
89$3,953,438$2,227,750$1,858,966$3,045,549
90$4,275,043$2,255,264$1,839,595$3,193,386
91$4,626,880$2,281,555$1,817,004$3,353,516
92$5,011,951$2,306,480$1,791,003$3,527,195
93$5,433,563$2,329,891$1,761,395$3,715,810
94$5,895,357$2,351,626$1,727,972$3,920,894
95$6,401,342$2,371,515$1,690,518$4,144,138
96$6,955,935$2,389,375$1,648,806$4,387,413
97$7,563,998$2,405,012$1,602,599$4,652,783
98$8,230,888$2,418,220$1,551,648$4,942,530
99$8,962,505$2,428,779$1,495,695$5,259,170
100$9,765,347$2,436,456$1,434,467$5,605,487