Can I retire at age 65 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$153,597$152,229$150,894$149,591$148,319$144,091
2 years$76,038$74,622$73,250$71,919$70,628$66,401
3 years$50,189$48,766$47,397$46,079$44,809$40,716
4 years$37,266$35,848$34,493$33,197$31,958$28,030
5 years$29,515$28,106$26,768$25,499$24,294$20,542
6 years$24,349$22,950$21,633$20,392$19,223$15,650
7 years$20,661$19,274$17,977$16,765$15,634$12,240
8 years$17,896$16,521$15,246$14,064$12,970$9,754
9 years$15,746$14,385$13,131$11,979$10,922$7,880
10 years$14,027$12,679$11,448$10,326$9,306$6,435
11 years$12,622$11,288$10,079$8,987$8,004$5,297
12 years$11,452$10,131$8,945$7,883$6,936$4,390
13 years$10,463$9,156$7,991$6,959$6,048$3,657
14 years$9,615$8,322$7,180$6,178$5,302$3,059
15 years$8,882$7,602$6,483$5,509$4,668$2,568
16 years$8,241$6,975$5,878$4,933$4,126$2,162
17 years$7,675$6,424$5,348$4,432$3,658$1,824
18 years$7,173$5,936$4,882$3,994$3,253$1,543
19 years$6,725$5,501$4,470$3,609$2,899$1,307
20 years$6,322$5,112$4,102$3,269$2,590$1,108
21 years$5,957$4,762$3,773$2,967$2,317$941
22 years$5,626$4,445$3,477$2,697$2,077$800
23 years$5,325$4,157$3,211$2,457$1,865$680
24 years$5,049$3,895$2,969$2,241$1,676$579
25 years$4,795$3,655$2,750$2,046$1,508$493
26 years$4,562$3,435$2,551$1,871$1,358$420
27 years$4,346$3,233$2,369$1,713$1,225$358
28 years$4,146$3,047$2,202$1,569$1,105$306
29 years$3,959$2,874$2,049$1,439$998$261
30 years$3,786$2,714$1,909$1,321$902$223
31 years$3,624$2,566$1,779$1,213$815$190
32 years$3,473$2,428$1,660$1,115$737$162
33 years$3,331$2,299$1,550$1,025$667$138
34 years$3,198$2,179$1,448$943$604$118
35 years$3,072$2,067$1,354$868$547$101
36 years$2,954$1,962$1,267$800$496$86
37 years$2,843$1,863$1,186$737$449$74
38 years$2,737$1,771$1,110$679$407$63
39 years$2,637$1,684$1,040$626$369$54
40 years$2,543$1,602$975$577$335$46
41 years$2,453$1,525$914$533$304$39
42 years$2,368$1,452$858$492$276$34
43 years$2,287$1,384$805$454$250$29
44 years$2,210$1,319$755$419$227$25
45 years$2,136$1,258$709$387$206$21
46 years$2,066$1,200$666$358$187$18
47 years$2,000$1,145$626$330$170$15
48 years$1,936$1,093$588$305$154$13
49 years$1,874$1,044$553$282$140$11
50 years$1,816$997$520$261$127$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,860,000, adding $3,640 every year, while hoping to spend $24,026 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: 35/47/18 Blend
64$1,860,000$1,860,000$1,860,000$1,860,000
65$2,053,475$1,954,895$1,926,065$2,113,910
66$2,237,366$2,025,121$1,965,024$2,228,606
67$2,439,208$2,097,983$2,004,484$2,349,773
68$2,660,808$2,173,585$2,044,435$2,480,004
69$2,904,154$2,252,035$2,084,867$2,620,118
70$3,171,438$2,333,444$2,125,770$2,771,013
71$3,465,073$2,417,932$2,167,132$2,933,676
72$3,787,719$2,505,619$2,208,939$3,109,191
73$4,142,305$2,596,632$2,251,177$3,298,748
74$4,532,057$2,691,105$2,293,829$3,503,653
75$4,960,533$2,789,175$2,336,878$3,725,342
76$5,431,649$2,890,985$2,380,305$3,965,395
77$5,949,720$2,996,687$2,424,088$4,225,545
78$6,519,502$3,106,435$2,468,206$4,507,700
79$7,146,233$3,220,393$2,512,633$4,813,955
80$7,835,686$3,338,729$2,557,343$5,146,616
81$8,594,220$3,461,621$2,602,308$5,508,217
82$9,428,842$3,589,252$2,647,497$5,901,546
83$10,347,274$3,721,814$2,692,877$6,329,670
84$11,358,020$3,859,508$2,738,414$6,795,962
85$12,470,456$4,002,541$2,784,068$7,304,132
86$13,694,908$4,151,132$2,829,800$7,858,265
87$15,042,758$4,305,506$2,875,567$8,462,852
88$16,526,543$4,465,900$2,921,323$9,122,839
89$18,160,082$4,632,560$2,967,018$9,843,667
90$19,958,598$4,805,743$3,012,601$10,631,326
91$21,938,867$4,985,717$3,058,016$11,492,407
92$24,119,376$5,172,762$3,103,204$12,434,167
93$26,520,493$5,367,168$3,148,102$13,464,595
94$29,164,663$5,569,239$3,192,643$14,592,485
95$32,076,620$5,779,293$3,236,758$15,827,521
96$35,283,617$5,997,660$3,280,371$17,180,362
97$38,815,686$6,224,685$3,323,404$18,662,749
98$42,705,920$6,460,729$3,365,772$20,287,607
99$46,990,785$6,706,166$3,407,386$22,069,170
100$51,710,466$6,961,389$3,448,154$24,023,113