Can I retire at age 47 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$149,468$148,137$146,838$145,570$144,332$139,211
2 years$73,994$72,616$71,280$69,986$68,729$63,625
3 years$48,839$47,455$46,123$44,840$43,605$38,677
4 years$36,265$34,885$33,566$32,305$31,099$26,386
5 years$28,722$27,350$26,048$24,813$23,641$19,154
6 years$23,695$22,333$21,051$19,843$18,706$14,450
7 years$20,105$18,756$17,494$16,314$15,213$11,186
8 years$17,414$16,077$14,836$13,686$12,621$8,819
9 years$15,323$13,998$12,778$11,657$10,629$7,048
10 years$13,650$12,338$11,140$10,049$9,056$5,690
11 years$12,283$10,984$9,808$8,745$7,789$4,630
12 years$11,144$9,859$8,704$7,671$6,749$3,791
13 years$10,182$8,909$7,777$6,772$5,886$3,120
14 years$9,357$8,098$6,987$6,012$5,159$2,577
15 years$8,643$7,398$6,309$5,361$4,543$2,136
16 years$8,019$6,788$5,720$4,800$4,015$1,775
17 years$7,469$6,251$5,205$4,313$3,560$1,478
18 years$6,980$5,776$4,751$3,887$3,165$1,233
19 years$6,544$5,353$4,349$3,512$2,821$1,031
20 years$6,152$4,975$3,992$3,181$2,520$862
21 years$5,797$4,634$3,672$2,887$2,255$722
22 years$5,475$4,325$3,384$2,625$2,021$605
23 years$5,182$4,045$3,124$2,391$1,815$507
24 years$4,913$3,790$2,890$2,180$1,631$426
25 years$4,666$3,557$2,676$1,991$1,468$358
26 years$4,439$3,343$2,482$1,821$1,322$300
27 years$4,229$3,146$2,305$1,666$1,192$252
28 years$4,034$2,965$2,143$1,527$1,075$212
29 years$3,853$2,797$1,994$1,400$971$178
30 years$3,684$2,641$1,857$1,285$877$150
31 years$3,527$2,497$1,732$1,180$793$126
32 years$3,380$2,363$1,616$1,085$718$106
33 years$3,241$2,237$1,508$997$649$89
34 years$3,112$2,121$1,409$918$588$75
35 years$2,990$2,011$1,318$845$533$63
36 years$2,875$1,909$1,233$778$483$53
37 years$2,766$1,813$1,154$717$437$45
38 years$2,664$1,723$1,080$661$396$38
39 years$2,567$1,639$1,012$609$360$32
40 years$2,475$1,559$949$562$326$27
41 years$2,387$1,484$890$518$296$22
42 years$2,304$1,413$835$478$268$19
43 years$2,226$1,347$783$442$244$16
44 years$2,151$1,284$735$408$221$13
45 years$2,079$1,224$690$377$201$11
46 years$2,011$1,168$648$348$182$9
47 years$1,946$1,114$609$321$166$8
48 years$1,884$1,064$572$297$150$7
49 years$1,824$1,016$538$274$137$6
50 years$1,767$970$506$254$124$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 47 starting with $1,810,000, adding $5,203 every year, while hoping to spend $40,799 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: 36/47/17 Blend
46$1,810,000$1,810,000$1,810,000$1,810,000
47$1,999,987$1,904,057$1,876,002$2,061,445
48$2,160,576$1,953,946$1,895,438$2,156,357
49$2,336,177$2,004,912$1,914,158$2,254,528
50$2,528,280$2,056,965$1,932,095$2,359,647
51$2,738,521$2,110,114$1,949,177$2,472,354
52$2,968,707$2,164,366$1,965,331$2,593,358
53$3,220,824$2,219,728$1,980,479$2,723,436
54$3,497,060$2,276,207$1,994,536$2,863,444
55$3,799,825$2,333,806$2,007,418$3,014,326
56$4,131,773$2,392,528$2,019,032$3,177,120
57$4,495,827$2,452,375$2,029,283$3,352,970
58$4,895,207$2,513,347$2,038,070$3,543,135
59$5,333,459$2,575,442$2,045,286$3,749,003
60$5,814,490$2,638,657$2,050,821$3,972,102
61$6,342,601$2,702,985$2,054,557$4,214,116
62$6,922,534$2,768,418$2,056,372$4,476,901
63$7,559,509$2,834,947$2,056,137$4,762,499
64$8,259,277$2,902,558$2,053,717$5,073,163
65$9,028,177$2,971,237$2,048,969$5,411,374
66$9,873,187$3,040,964$2,041,746$5,779,867
67$10,801,999$3,111,717$2,031,891$6,181,653
68$11,823,084$3,183,473$2,019,241$6,620,055
69$12,945,778$3,256,202$2,003,624$7,098,730
70$14,180,363$3,329,872$1,984,862$7,621,712
71$15,538,171$3,404,447$1,962,766$8,193,444
72$17,031,685$3,479,885$1,937,139$8,818,824
73$18,674,659$3,556,142$1,907,775$9,503,250
74$20,482,247$3,633,165$1,874,458$10,252,672
75$22,471,146$3,710,900$1,836,963$11,073,647
76$24,659,754$3,789,285$1,795,052$11,973,401
77$27,068,341$3,868,253$1,748,478$12,959,899
78$29,719,243$3,947,728$1,696,983$14,041,921
79$32,637,070$4,027,631$1,640,296$15,229,143
80$35,848,938$4,107,872$1,578,133$16,532,229
81$39,384,728$4,188,356$1,510,199$17,962,935
82$43,277,364$4,268,979$1,436,184$19,534,216
83$47,563,123$4,349,627$1,355,764$21,260,351
84$52,281,981$4,430,178$1,268,602$23,157,082
85$57,477,986$4,510,499$1,174,343$25,241,754
86$63,199,675$4,590,449$1,072,619$27,533,490
87$69,500,534$4,669,873$963,043$30,053,364
88$76,439,496$4,748,605$845,213$32,824,604
89$84,081,505$4,826,466$718,708$35,872,813
90$92,498,122$4,903,267$583,088$39,226,210
91$101,768,203$4,978,800$437,894$42,915,896
92$111,978,644$5,052,845$282,648$46,976,152
93$123,225,198$5,125,166$116,848$51,444,761
94$135,613,378$5,195,510$0$56,363,367
95$149,259,459$5,263,606$0$61,788,768
96$164,291,565$5,329,164$0$67,783,980
97$180,850,887$5,391,875$0$74,383,645
98$199,093,010$5,451,409$0$81,649,323
99$219,189,382$5,507,413$0$89,648,856
100$241,328,934$5,559,512$0$98,457,012