Can I retire at age 65 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$146,991$145,681$144,404$143,157$141,940$140,574
2 years$72,768$71,412$70,099$68,826$67,590$66,215
3 years$48,030$46,669$45,359$44,097$42,882$41,539
4 years$35,663$34,307$33,010$31,770$30,584$29,284
5 years$28,246$26,897$25,617$24,402$23,249$21,996
6 years$23,302$21,963$20,702$19,515$18,396$17,192
7 years$19,772$18,445$17,204$16,044$14,961$13,805
8 years$17,126$15,810$14,590$13,459$12,412$11,305
9 years$15,069$13,766$12,566$11,464$10,453$9,394
10 years$13,424$12,134$10,956$9,882$8,906$7,895
11 years$12,079$10,802$9,645$8,600$7,660$6,696
12 years$10,960$9,695$8,560$7,544$6,638$5,720
13 years$10,013$8,762$7,648$6,660$5,788$4,915
14 years$9,202$7,964$6,871$5,912$5,074$4,245
15 years$8,500$7,275$6,204$5,272$4,467$3,681
16 years$7,886$6,675$5,625$4,721$3,948$3,203
17 years$7,345$6,148$5,118$4,242$3,501$2,795
18 years$6,865$5,681$4,672$3,823$3,113$2,446
19 years$6,436$5,265$4,277$3,454$2,774$2,145
20 years$6,050$4,892$3,926$3,128$2,478$1,884
21 years$5,701$4,557$3,611$2,839$2,218$1,658
22 years$5,384$4,254$3,328$2,581$1,988$1,461
23 years$5,096$3,978$3,073$2,351$1,784$1,289
24 years$4,832$3,728$2,842$2,144$1,604$1,139
25 years$4,589$3,498$2,632$1,958$1,443$1,007
26 years$4,366$3,288$2,441$1,790$1,300$891
27 years$4,159$3,094$2,267$1,639$1,172$789
28 years$3,967$2,916$2,107$1,502$1,058$699
29 years$3,789$2,750$1,961$1,377$955$620
30 years$3,623$2,598$1,827$1,264$863$550
31 years$3,468$2,456$1,703$1,161$780$488
32 years$3,324$2,323$1,589$1,067$706$433
33 years$3,188$2,200$1,483$981$639$384
34 years$3,060$2,085$1,386$902$578$342
35 years$2,940$1,978$1,296$831$524$303
36 years$2,827$1,877$1,212$765$475$270
37 years$2,720$1,783$1,135$705$430$240
38 years$2,619$1,695$1,063$650$390$213
39 years$2,524$1,611$995$599$354$190
40 years$2,434$1,533$933$553$321$169
41 years$2,348$1,459$875$510$291$150
42 years$2,266$1,390$821$471$264$133
43 years$2,189$1,324$770$434$240$119
44 years$2,115$1,262$723$401$217$106
45 years$2,045$1,204$679$370$197$94
46 years$1,978$1,148$638$342$179$84
47 years$1,914$1,096$599$316$163$74
48 years$1,852$1,046$563$292$148$66
49 years$1,794$999$529$270$134$59
50 years$1,738$954$497$250$122$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,780,000, adding $5,274 every year, while hoping to spend $29,256 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: 70/16/14 Blend
64$1,780,000$1,780,000$1,780,000$1,780,000
65$1,967,000$1,872,660$1,845,070$2,098,158
66$2,136,506$1,933,292$1,875,752$2,246,600
67$2,322,321$1,995,915$1,906,481$2,404,976
68$2,526,078$2,060,595$1,937,228$2,577,544
69$2,749,574$2,127,400$1,967,962$2,765,696
70$2,994,791$2,196,403$1,998,649$2,970,968
71$3,263,910$2,267,678$2,029,254$3,195,051
72$3,559,334$2,341,299$2,059,739$3,439,805
73$3,883,711$2,417,347$2,090,065$3,707,280
74$4,239,955$2,495,903$2,120,188$3,999,732
75$4,631,280$2,577,052$2,150,064$4,319,648
76$5,061,224$2,660,881$2,179,644$4,669,765
77$5,533,685$2,747,480$2,208,878$5,053,099
78$6,052,957$2,836,943$2,237,712$5,472,969
79$6,623,773$2,929,368$2,266,090$5,933,034
80$7,251,345$3,024,853$2,293,951$6,437,324
81$7,941,415$3,123,504$2,321,231$6,990,276
82$8,700,311$3,225,428$2,347,864$7,596,779
83$9,535,004$3,330,735$2,373,779$8,262,221
84$10,453,174$3,439,541$2,398,900$8,992,534
85$11,463,285$3,551,965$2,423,150$9,794,255
86$12,574,658$3,668,129$2,446,444$10,674,584
87$13,797,569$3,788,163$2,468,695$11,641,456
88$15,143,336$3,912,198$2,489,811$12,703,612
89$16,624,431$4,040,371$2,509,695$13,870,681
90$18,254,596$4,172,823$2,528,243$15,153,273
91$20,048,975$4,309,701$2,545,349$16,563,079
92$22,024,251$4,451,157$2,560,899$18,112,977
93$24,198,809$4,597,348$2,574,774$19,817,160
94$26,592,907$4,748,437$2,586,848$21,691,263
95$29,228,866$4,904,593$2,596,990$23,752,514
96$32,131,282$5,065,990$2,605,061$26,019,898
97$35,327,259$5,232,809$2,610,916$28,514,329
98$38,846,661$5,405,238$2,614,403$31,258,856
99$42,722,396$5,583,471$2,615,362$34,278,873
100$46,990,728$5,767,708$2,613,624$37,602,364