Can I retire at age 65 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$109,830$108,852$107,897$106,966$106,056$102,212
2 years$54,371$53,359$52,377$51,426$50,503$46,672
3 years$35,888$34,871$33,892$32,949$32,041$28,344
4 years$26,647$25,634$24,664$23,738$22,852$19,317
5 years$21,105$20,097$19,141$18,233$17,372$14,008
6 years$17,411$16,411$15,468$14,581$13,746$10,556
7 years$14,773$13,782$12,854$11,988$11,179$8,162
8 years$12,796$11,813$10,902$10,056$9,274$6,428
9 years$11,259$10,286$9,389$8,566$7,810$5,130
10 years$10,030$9,066$8,186$7,384$6,655$4,137
11 years$9,026$8,071$7,207$6,426$5,723$3,362
12 years$8,189$7,244$6,396$5,637$4,960$2,749
13 years$7,481$6,547$5,714$4,976$4,325$2,259
14 years$6,876$5,951$5,134$4,417$3,791$1,864
15 years$6,351$5,436$4,636$3,939$3,338$1,543
16 years$5,892$4,988$4,203$3,527$2,950$1,280
17 years$5,488$4,593$3,824$3,169$2,616$1,064
18 years$5,129$4,244$3,491$2,856$2,326$887
19 years$4,809$3,934$3,196$2,581$2,073$740
20 years$4,520$3,655$2,933$2,337$1,852$618
21 years$4,260$3,405$2,698$2,121$1,657$517
22 years$4,023$3,178$2,487$1,929$1,485$432
23 years$3,808$2,973$2,296$1,757$1,333$362
24 years$3,610$2,785$2,123$1,602$1,198$303
25 years$3,429$2,614$1,967$1,463$1,078$254
26 years$3,262$2,457$1,824$1,338$971$213
27 years$3,107$2,312$1,694$1,225$876$179
28 years$2,964$2,178$1,574$1,122$790$150
29 years$2,831$2,055$1,465$1,029$714$126
30 years$2,707$1,941$1,365$944$645$106
31 years$2,592$1,835$1,272$867$583$89
32 years$2,483$1,736$1,187$797$527$75
33 years$2,382$1,644$1,108$733$477$63
34 years$2,287$1,558$1,036$674$432$53
35 years$2,197$1,478$968$621$391$44
36 years$2,112$1,403$906$572$355$37
37 years$2,033$1,332$848$527$321$31
38 years$1,957$1,266$794$486$291$26
39 years$1,886$1,204$744$448$264$22
40 years$1,818$1,146$697$413$240$18
41 years$1,754$1,090$654$381$217$16
42 years$1,693$1,038$613$352$197$13
43 years$1,635$989$575$325$179$11
44 years$1,580$943$540$300$163$9
45 years$1,528$899$507$277$148$8
46 years$1,478$858$476$256$134$7
47 years$1,430$819$448$236$122$5
48 years$1,384$782$421$218$110$5
49 years$1,340$746$395$202$100$4
50 years$1,299$713$372$186$91$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,330,000, adding $4,416 every year, while hoping to spend $37,497 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: 40/30/30 Blend
64$1,330,000$1,330,000$1,330,000$1,330,000
65$1,470,215$1,399,725$1,379,110$1,515,859
66$1,580,281$1,428,415$1,385,414$1,578,273
67$1,700,316$1,457,254$1,390,672$1,641,973
68$1,831,299$1,486,210$1,394,810$1,710,190
69$1,974,304$1,515,248$1,397,749$1,783,364
70$2,130,517$1,544,329$1,399,408$1,861,979
71$2,301,241$1,573,412$1,399,699$1,946,571
72$2,487,912$1,602,453$1,398,533$2,037,729
73$2,692,108$1,631,403$1,395,814$2,136,105
74$2,915,572$1,660,210$1,391,442$2,242,420
75$3,160,218$1,688,818$1,385,313$2,357,469
76$3,428,157$1,717,167$1,377,317$2,482,127
77$3,721,711$1,745,191$1,367,340$2,617,364
78$4,043,441$1,772,820$1,355,261$2,764,248
79$4,396,164$1,799,980$1,340,954$2,923,959
80$4,782,983$1,826,590$1,324,287$3,097,799
81$5,207,318$1,852,564$1,305,121$3,287,205
82$5,672,934$1,877,809$1,283,312$3,493,762
83$6,183,979$1,902,227$1,258,709$3,719,222
84$6,745,021$1,925,712$1,231,152$3,965,516
85$7,361,093$1,948,152$1,200,475$4,234,775
86$8,037,739$1,969,426$1,166,505$4,529,352
87$8,781,066$1,989,405$1,129,061$4,851,841
88$9,597,802$2,007,953$1,087,952$5,205,107
89$10,495,359$2,024,924$1,042,979$5,592,310
90$11,481,901$2,040,161$993,934$6,016,935
91$12,566,426$2,053,499$940,602$6,482,829
92$13,758,843$2,064,762$882,754$6,994,234
93$15,070,071$2,073,763$820,153$7,555,831
94$16,512,142$2,080,300$752,551$8,172,784
95$18,098,309$2,084,164$679,690$8,850,788
96$19,843,176$2,085,127$601,299$9,596,125
97$21,762,833$2,082,951$517,095$10,415,727
98$23,875,007$2,077,381$426,784$11,317,235
99$26,199,233$2,068,148$330,056$12,309,080
100$28,757,033$2,054,966$226,591$13,400,559