Can I retire at age 65 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$116,436$115,399$114,387$113,400$112,435$108,060
2 years$57,642$56,568$55,528$54,519$53,541$49,185
3 years$38,046$36,968$35,930$34,931$33,968$29,770
4 years$28,250$27,175$26,148$25,166$24,227$20,217
5 years$22,374$21,306$20,292$19,330$18,417$14,607
6 years$18,458$17,398$16,399$15,458$14,572$10,965
7 years$15,662$14,611$13,628$12,709$11,851$8,444
8 years$13,566$12,524$11,557$10,661$9,832$6,622
9 years$11,937$10,904$9,954$9,081$8,280$5,263
10 years$10,634$9,612$8,678$7,828$7,055$4,225
11 years$9,569$8,557$7,640$6,813$6,067$3,418
12 years$8,681$7,680$6,781$5,976$5,258$2,782
13 years$7,931$6,941$6,058$5,276$4,585$2,275
14 years$7,289$6,309$5,443$4,683$4,019$1,868
15 years$6,733$5,763$4,914$4,176$3,539$1,538
16 years$6,247$5,288$4,456$3,740$3,128$1,270
17 years$5,818$4,870$4,054$3,360$2,773$1,051
18 years$5,438$4,500$3,701$3,028$2,466$871
19 years$5,098$4,170$3,388$2,736$2,198$722
20 years$4,792$3,875$3,110$2,478$1,963$600
21 years$4,516$3,610$2,860$2,249$1,757$499
22 years$4,265$3,370$2,636$2,045$1,575$415
23 years$4,037$3,151$2,434$1,862$1,414$346
24 years$3,827$2,953$2,251$1,698$1,270$288
25 years$3,635$2,771$2,085$1,551$1,143$240
26 years$3,458$2,604$1,934$1,418$1,030$200
27 years$3,294$2,451$1,796$1,298$928$167
28 years$3,143$2,309$1,669$1,189$838$139
29 years$3,002$2,179$1,553$1,091$756$116
30 years$2,870$2,058$1,447$1,001$684$97
31 years$2,747$1,945$1,349$919$618$81
32 years$2,633$1,840$1,259$845$559$68
33 years$2,525$1,743$1,175$777$506$57
34 years$2,424$1,652$1,098$715$458$47
35 years$2,329$1,567$1,026$658$415$39
36 years$2,239$1,487$960$606$376$33
37 years$2,155$1,412$899$558$341$27
38 years$2,075$1,342$842$515$309$23
39 years$1,999$1,276$789$475$280$19
40 years$1,928$1,214$739$438$254$16
41 years$1,860$1,156$693$404$230$13
42 years$1,795$1,101$650$373$209$11
43 years$1,734$1,049$610$344$190$9
44 years$1,675$1,000$573$318$172$8
45 years$1,620$953$538$293$156$7
46 years$1,566$910$505$271$142$5
47 years$1,516$868$474$250$129$5
48 years$1,467$829$446$231$117$4
49 years$1,421$791$419$214$106$3
50 years$1,377$756$394$198$97$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,410,000, adding $5,601 every year, while hoping to spend $24,105 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: 48/47/5 Blend
64$1,410,000$1,410,000$1,410,000$1,410,000
65$1,559,597$1,484,867$1,463,012$1,632,224
66$1,693,029$1,531,978$1,486,376$1,729,554
67$1,839,262$1,580,590$1,509,714$1,832,138
68$1,999,578$1,630,750$1,533,001$1,942,934
69$2,175,387$1,682,508$1,556,208$2,062,710
70$2,368,241$1,735,916$1,579,306$2,192,313
71$2,579,852$1,791,027$1,602,263$2,332,672
72$2,812,104$1,847,894$1,625,046$2,484,808
73$3,067,073$1,906,574$1,647,618$2,649,845
74$3,347,044$1,967,127$1,669,944$2,829,021
75$3,654,537$2,029,610$1,691,981$3,023,694
76$3,992,327$2,094,088$1,713,689$3,235,360
77$4,363,469$2,160,623$1,735,023$3,465,667
78$4,771,331$2,229,282$1,755,935$3,716,425
79$5,219,623$2,300,133$1,776,375$3,989,628
80$5,712,432$2,373,247$1,796,291$4,287,470
81$6,254,261$2,448,697$1,815,627$4,612,365
82$6,850,069$2,526,556$1,834,324$4,966,972
83$7,505,323$2,606,904$1,852,320$5,354,217
84$8,226,043$2,689,821$1,869,551$5,777,321
85$9,018,866$2,775,388$1,885,947$6,239,831
86$9,891,100$2,863,692$1,901,436$6,745,652
87$10,850,800$2,954,820$1,915,941$7,299,084
88$11,906,839$3,048,864$1,929,383$7,904,862
89$13,068,996$3,145,918$1,941,677$8,568,200
90$14,348,044$3,246,078$1,952,734$9,294,840
91$15,755,855$3,349,446$1,962,461$10,091,107
92$17,305,508$3,456,125$1,970,759$10,963,966
93$19,011,416$3,566,222$1,977,526$11,921,087
94$20,889,461$3,679,846$1,982,653$12,970,920
95$22,957,140$3,797,114$1,986,027$14,122,772
96$25,233,737$3,918,141$1,987,527$15,386,895
97$27,740,499$4,043,050$1,987,029$16,774,580
98$30,500,837$4,171,967$1,984,402$18,298,268
99$33,540,550$4,305,020$1,979,507$19,971,662
100$36,888,065$4,442,346$1,972,200$21,809,857