Can I retire at age 65 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$151,120$149,774$148,460$147,178$145,927$140,693
2 years$74,812$73,418$72,068$70,759$69,489$64,273
3 years$49,379$47,980$46,633$45,336$44,087$39,052
4 years$36,665$35,270$33,937$32,662$31,443$26,628
5 years$29,039$27,652$26,336$25,088$23,902$19,320
6 years$23,956$22,580$21,284$20,063$18,913$14,567
7 years$20,327$18,963$17,687$16,495$15,381$11,270
8 years$17,607$16,255$15,000$13,837$12,760$8,880
9 years$15,492$14,153$12,919$11,786$10,746$7,092
10 years$13,801$12,475$11,263$10,160$9,156$5,722
11 years$12,419$11,106$9,916$8,842$7,875$4,653
12 years$11,267$9,968$8,800$7,756$6,824$3,808
13 years$10,294$9,008$7,862$6,847$5,951$3,131
14 years$9,460$8,188$7,064$6,078$5,216$2,585
15 years$8,739$7,480$6,378$5,421$4,593$2,141
16 years$8,108$6,863$5,783$4,853$4,059$1,778
17 years$7,551$6,320$5,262$4,361$3,599$1,480
18 years$7,058$5,840$4,804$3,930$3,200$1,234
19 years$6,616$5,413$4,398$3,551$2,852$1,030
20 years$6,220$5,030$4,036$3,216$2,548$861
21 years$5,861$4,685$3,712$2,919$2,280$720
22 years$5,536$4,373$3,421$2,654$2,044$603
23 years$5,239$4,090$3,159$2,417$1,835$506
24 years$4,967$3,832$2,922$2,204$1,649$424
25 years$4,718$3,596$2,706$2,013$1,484$356
26 years$4,488$3,380$2,510$1,841$1,337$298
27 years$4,276$3,181$2,330$1,685$1,205$251
28 years$4,079$2,997$2,166$1,544$1,087$210
29 years$3,896$2,828$2,016$1,416$982$177
30 years$3,725$2,670$1,878$1,299$887$148
31 years$3,566$2,524$1,751$1,193$802$125
32 years$3,417$2,389$1,633$1,097$726$105
33 years$3,277$2,262$1,525$1,008$657$88
34 years$3,146$2,144$1,425$928$594$74
35 years$3,023$2,034$1,332$854$538$62
36 years$2,906$1,930$1,246$787$488$52
37 years$2,797$1,833$1,167$725$442$44
38 years$2,693$1,742$1,092$668$401$37
39 years$2,595$1,657$1,023$616$364$31
40 years$2,502$1,576$959$568$330$26
41 years$2,414$1,500$899$524$299$22
42 years$2,330$1,429$844$484$271$19
43 years$2,250$1,361$792$447$246$16
44 years$2,174$1,298$743$412$224$13
45 years$2,102$1,237$698$381$203$11
46 years$2,033$1,181$655$352$184$9
47 years$1,967$1,127$616$325$167$8
48 years$1,904$1,075$579$300$152$7
49 years$1,844$1,027$544$278$138$6
50 years$1,787$981$511$257$125$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,830,000, adding $6,467 every year, while hoping to spend $50,897 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: 26/49/25 Blend
64$1,830,000$1,830,000$1,830,000$1,830,000
65$2,023,331$1,926,341$1,897,976$2,059,880
66$2,175,556$1,966,577$1,907,404$2,130,196
67$2,341,603$2,007,080$1,915,442$2,200,768
68$2,522,827$2,047,807$1,921,990$2,275,422
69$2,720,721$2,088,715$1,926,942$2,354,536
70$2,936,928$2,129,756$1,930,188$2,438,528
71$3,173,257$2,170,876$1,931,612$2,527,859
72$3,431,700$2,212,019$1,931,091$2,623,038
73$3,714,448$2,253,124$1,928,498$2,724,631
74$4,023,918$2,294,123$1,923,698$2,833,259
75$4,362,768$2,334,944$1,916,552$2,949,611
76$4,733,925$2,375,511$1,906,911$3,074,449
77$5,140,613$2,415,740$1,894,621$3,208,613
78$5,586,385$2,455,540$1,879,520$3,353,033
79$6,075,151$2,494,816$1,861,438$3,508,736
80$6,611,217$2,533,463$1,840,198$3,676,857
81$7,199,329$2,571,371$1,815,612$3,858,650
82$7,844,712$2,608,419$1,787,487$4,055,502
83$8,553,123$2,644,482$1,755,617$4,268,943
84$9,330,901$2,679,421$1,719,790$4,500,664
85$10,185,031$2,713,091$1,679,781$4,752,535
86$11,123,207$2,745,336$1,635,357$5,026,618
87$12,153,906$2,775,988$1,586,273$5,325,195
88$13,286,464$2,804,871$1,532,273$5,650,782
89$14,531,167$2,831,795$1,473,088$6,006,160
90$15,899,350$2,856,556$1,408,440$6,394,401
91$17,403,496$2,878,939$1,338,035$6,818,895
92$19,057,361$2,898,716$1,261,568$7,283,386
93$20,876,100$2,915,641$1,178,718$7,792,010
94$22,876,408$2,929,454$1,089,152$8,349,329
95$25,076,684$2,939,878$992,520$8,960,382
96$27,497,194$2,946,621$888,458$9,630,732
97$30,160,270$2,949,368$776,584$10,366,518
98$33,090,519$2,947,789$656,501$11,174,518
99$36,315,051$2,941,530$527,793$12,062,210
100$39,863,739$2,930,217$390,026$13,037,849