Can I retire at age 65 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$104,875$103,941$103,030$102,140$101,272$99,146
2 years$51,919$50,952$50,014$49,106$48,225$46,093
3 years$34,269$33,297$32,363$31,463$30,596$28,525
4 years$25,445$24,477$23,552$22,667$21,821$19,827
5 years$20,153$19,190$18,277$17,410$16,588$14,676
6 years$16,625$15,670$14,771$13,923$13,126$11,298
7 years$14,107$13,160$12,274$11,447$10,675$8,931
8 years$12,219$11,281$10,410$9,603$8,856$7,196
9 years$10,751$9,822$8,966$8,179$7,458$5,881
10 years$9,578$8,657$7,817$7,051$6,354$4,859
11 years$8,618$7,707$6,882$6,136$5,465$4,049
12 years$7,819$6,918$6,107$5,382$4,736$3,398
13 years$7,144$6,251$5,456$4,752$4,130$2,867
14 years$6,565$5,682$4,903$4,218$3,620$2,429
15 years$6,064$5,191$4,426$3,762$3,187$2,067
16 years$5,627$4,763$4,013$3,368$2,817$1,764
17 years$5,241$4,386$3,652$3,026$2,498$1,509
18 years$4,898$4,053$3,334$2,727$2,221$1,294
19 years$4,592$3,756$3,052$2,464$1,980$1,112
20 years$4,316$3,491$2,801$2,232$1,768$956
21 years$4,068$3,251$2,576$2,026$1,582$824
22 years$3,842$3,035$2,374$1,842$1,418$711
23 years$3,636$2,839$2,192$1,677$1,273$614
24 years$3,447$2,660$2,028$1,530$1,144$530
25 years$3,274$2,496$1,878$1,397$1,030$459
26 years$3,115$2,346$1,742$1,277$928$397
27 years$2,967$2,208$1,617$1,169$836$344
28 years$2,831$2,080$1,503$1,071$755$298
29 years$2,704$1,962$1,399$982$681$258
30 years$2,585$1,853$1,303$902$616$224
31 years$2,475$1,752$1,215$828$557$194
32 years$2,371$1,658$1,134$761$503$168
33 years$2,274$1,570$1,058$700$456$146
34 years$2,183$1,488$989$644$413$127
35 years$2,098$1,411$925$593$374$110
36 years$2,017$1,339$865$546$339$95
37 years$1,941$1,272$810$503$307$83
38 years$1,869$1,209$758$464$278$72
39 years$1,801$1,150$710$427$252$62
40 years$1,736$1,094$666$394$229$54
41 years$1,675$1,041$624$364$208$47
42 years$1,617$992$586$336$188$41
43 years$1,562$945$549$310$171$35
44 years$1,509$901$516$286$155$31
45 years$1,459$859$484$264$141$27
46 years$1,411$819$455$244$128$23
47 years$1,365$782$427$226$116$20
48 years$1,322$746$402$208$105$18
49 years$1,280$713$377$193$96$15
50 years$1,240$681$355$178$87$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,270,000, adding $6,382 every year, while hoping to spend $32,382 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: 78/9/13 Blend
64$1,270,000$1,270,000$1,270,000$1,270,000
65$1,406,123$1,338,813$1,319,128$1,511,694
66$1,515,093$1,369,961$1,328,865$1,613,234
67$1,634,093$1,401,549$1,337,842$1,719,806
68$1,764,112$1,433,566$1,346,001$1,835,783
69$1,906,238$1,465,997$1,353,278$1,962,090
70$2,061,669$1,498,826$1,359,608$2,099,748
71$2,231,726$1,532,035$1,364,921$2,249,879
72$2,417,861$1,565,604$1,369,145$2,413,722
73$2,621,674$1,599,510$1,372,203$2,592,640
74$2,844,929$1,633,730$1,374,016$2,788,133
75$3,089,564$1,668,235$1,374,498$3,001,857
76$3,357,717$1,702,996$1,373,561$3,235,633
77$3,651,742$1,737,981$1,371,113$3,491,470
78$3,974,230$1,773,153$1,367,056$3,771,579
79$4,328,039$1,808,474$1,361,289$4,078,397
80$4,716,311$1,843,901$1,353,705$4,414,610
81$5,142,511$1,879,389$1,344,191$4,783,175
82$5,610,456$1,914,888$1,332,630$5,187,352
83$6,124,349$1,950,344$1,318,899$5,630,734
84$6,688,820$1,985,698$1,302,869$6,117,277
85$7,308,970$2,020,887$1,284,406$6,651,342
86$7,990,419$2,055,845$1,263,368$7,237,735
87$8,739,357$2,090,498$1,239,607$7,881,750
88$9,562,606$2,124,766$1,212,968$8,589,222
89$10,467,679$2,158,567$1,183,290$9,366,580
90$11,462,855$2,191,809$1,150,402$10,220,909
91$12,557,254$2,224,396$1,114,128$11,160,015
92$13,760,925$2,256,222$1,074,283$12,192,502
93$15,084,940$2,287,177$1,030,671$13,327,850
94$16,541,496$2,317,142$983,092$14,576,505
95$18,144,036$2,345,988$931,332$15,949,982
96$19,907,366$2,373,580$875,170$17,460,965
97$21,847,804$2,399,773$814,375$19,123,436
98$23,983,328$2,424,410$748,705$20,952,800
99$26,333,748$2,447,326$677,907$22,966,037
100$28,920,890$2,468,345$601,717$25,181,856