Can I retire at age 65 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$145,339$144,045$142,781$141,549$140,345$139,402
2 years$71,950$70,610$69,311$68,052$66,831$65,880
3 years$47,490$46,144$44,849$43,602$42,400$41,471
4 years$35,263$33,921$32,639$31,413$30,240$29,339
5 years$27,928$26,595$25,329$24,128$22,988$22,118
6 years$23,040$21,716$20,470$19,295$18,190$17,352
7 years$19,550$18,237$17,010$15,864$14,793$13,988
8 years$16,933$15,633$14,426$13,308$12,272$11,500
9 years$14,900$13,611$12,425$11,335$10,335$9,596
10 years$13,273$11,998$10,833$9,771$8,806$8,099
11 years$11,944$10,681$9,537$8,504$7,573$6,898
12 years$10,836$9,586$8,464$7,459$6,563$5,918
13 years$9,900$8,663$7,562$6,585$5,723$5,109
14 years$9,099$7,875$6,794$5,846$5,017$4,432
15 years$8,404$7,194$6,134$5,213$4,417$3,862
16 years$7,797$6,600$5,562$4,668$3,904$3,376
17 years$7,263$6,078$5,061$4,194$3,461$2,961
18 years$6,788$5,617$4,620$3,780$3,078$2,604
19 years$6,363$5,206$4,229$3,415$2,743$2,295
20 years$5,982$4,837$3,881$3,093$2,450$2,026
21 years$5,637$4,506$3,570$2,807$2,193$1,792
22 years$5,324$4,206$3,290$2,552$1,966$1,588
23 years$5,039$3,934$3,038$2,325$1,764$1,408
24 years$4,777$3,686$2,810$2,120$1,586$1,251
25 years$4,538$3,459$2,602$1,936$1,427$1,112
26 years$4,316$3,251$2,414$1,770$1,285$989
27 years$4,112$3,059$2,241$1,620$1,159$881
28 years$3,923$2,883$2,084$1,485$1,046$785
29 years$3,747$2,720$1,939$1,361$944$700
30 years$3,583$2,568$1,806$1,250$853$624
31 years$3,429$2,428$1,684$1,148$771$557
32 years$3,286$2,297$1,571$1,055$698$497
33 years$3,152$2,176$1,467$970$631$444
34 years$3,026$2,062$1,370$892$572$397
35 years$2,907$1,956$1,281$821$518$355
36 years$2,795$1,856$1,199$757$469$317
37 years$2,690$1,763$1,122$697$425$284
38 years$2,590$1,676$1,051$642$386$254
39 years$2,496$1,593$984$592$350$227
40 years$2,406$1,516$923$546$317$203
41 years$2,321$1,443$865$504$288$182
42 years$2,241$1,374$811$465$261$163
43 years$2,164$1,309$761$429$237$146
44 years$2,091$1,248$715$397$215$130
45 years$2,022$1,190$671$366$195$117
46 years$1,955$1,135$630$338$177$104
47 years$1,892$1,083$592$313$161$94
48 years$1,832$1,034$557$289$146$84
49 years$1,774$988$523$267$133$75
50 years$1,718$944$492$247$121$67

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,760,000, adding $5,778 every year, while hoping to spend $47,074 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: 86/5/9 Blend
64$1,760,000$1,760,000$1,760,000$1,760,000
65$1,945,480$1,852,200$1,824,920$2,110,108
66$2,093,833$1,892,871$1,835,968$2,259,088
67$2,255,739$1,933,958$1,845,809$2,415,748
68$2,432,533$1,975,430$1,854,352$2,586,420
69$2,625,682$2,017,256$1,861,503$2,772,486
70$2,836,799$2,059,400$1,867,162$2,975,465
71$3,067,665$2,101,823$1,871,224$3,197,030
72$3,320,237$2,144,482$1,873,579$3,439,026
73$3,596,670$2,187,331$1,874,114$3,703,481
74$3,899,340$2,230,319$1,872,706$3,992,634
75$4,230,859$2,273,392$1,869,228$4,308,946
76$4,594,108$2,316,490$1,863,549$4,655,131
77$4,992,257$2,359,548$1,855,528$5,034,177
78$5,428,798$2,402,496$1,845,019$5,449,378
79$5,907,578$2,445,260$1,831,869$5,904,360
80$6,432,831$2,487,759$1,815,917$6,403,118
81$7,009,225$2,529,904$1,796,995$6,950,055
82$7,641,898$2,571,602$1,774,927$7,550,021
83$8,336,513$2,612,752$1,749,528$8,208,359
84$9,099,306$2,653,245$1,720,606$8,930,956
85$9,937,146$2,692,965$1,687,957$9,724,297
86$10,857,602$2,731,787$1,651,370$10,595,529
87$11,869,010$2,769,577$1,610,624$11,552,527
88$12,980,556$2,806,194$1,565,487$12,603,966
89$14,202,359$2,841,483$1,515,717$13,759,404
90$15,545,565$2,875,281$1,461,059$15,029,377
91$17,022,458$2,907,415$1,401,250$16,425,489
92$18,646,567$2,937,697$1,336,010$17,960,529
93$20,432,802$2,965,930$1,265,052$19,648,590
94$22,397,588$2,991,900$1,188,071$21,505,199
95$24,559,023$3,015,384$1,104,752$23,547,465
96$26,937,045$3,036,140$1,014,763$25,794,244
97$29,553,625$3,053,912$917,760$28,266,312
98$32,432,970$3,068,429$813,380$30,986,562
99$35,601,752$3,079,401$701,247$33,980,222
100$39,089,359$3,086,520$580,967$37,275,091