Can I retire at age 65 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$154,423$153,047$151,705$150,395$149,116$147,559
2 years$76,447$75,023$73,643$72,306$71,008$69,440
3 years$50,458$49,028$47,652$46,327$45,050$43,520
4 years$37,467$36,041$34,679$33,376$32,130$30,649
5 years$29,674$28,257$26,912$25,636$24,425$22,998
6 years$24,480$23,074$21,749$20,501$19,327$17,955
7 years$20,772$19,377$18,073$16,855$15,718$14,402
8 years$17,992$16,610$15,328$14,139$13,039$11,780
9 years$15,831$14,462$13,202$12,044$10,981$9,777
10 years$14,103$12,747$11,510$10,382$9,356$8,208
11 years$12,690$11,348$10,133$9,035$8,047$6,952
12 years$11,514$10,186$8,993$7,925$6,973$5,931
13 years$10,519$9,205$8,034$6,997$6,081$5,090
14 years$9,667$8,367$7,219$6,211$5,330$4,390
15 years$8,930$7,643$6,518$5,539$4,693$3,802
16 years$8,285$7,013$5,909$4,960$4,148$3,304
17 years$7,716$6,458$5,377$4,456$3,678$2,879
18 years$7,212$5,968$4,909$4,016$3,270$2,516
19 years$6,761$5,531$4,494$3,629$2,915$2,203
20 years$6,356$5,140$4,124$3,286$2,604$1,932
21 years$5,989$4,787$3,793$2,983$2,330$1,698
22 years$5,657$4,469$3,496$2,712$2,088$1,494
23 years$5,354$4,180$3,228$2,470$1,875$1,316
24 years$5,076$3,916$2,985$2,253$1,685$1,161
25 years$4,821$3,675$2,765$2,057$1,516$1,025
26 years$4,586$3,454$2,564$1,881$1,366$905
27 years$4,369$3,251$2,381$1,722$1,231$800
28 years$4,168$3,063$2,214$1,577$1,111$708
29 years$3,981$2,890$2,060$1,447$1,003$627
30 years$3,807$2,729$1,919$1,328$907$555
31 years$3,644$2,580$1,789$1,219$820$492
32 years$3,492$2,441$1,669$1,121$741$436
33 years$3,349$2,312$1,558$1,030$671$386
34 years$3,215$2,191$1,456$948$607$343
35 years$3,089$2,078$1,361$873$550$304
36 years$2,970$1,972$1,274$804$499$270
37 years$2,858$1,873$1,192$741$452$239
38 years$2,752$1,780$1,116$683$410$212
39 years$2,652$1,693$1,046$629$371$189
40 years$2,557$1,611$980$581$337$167
41 years$2,466$1,533$919$536$306$149
42 years$2,381$1,460$862$494$277$132
43 years$2,299$1,391$809$456$252$117
44 years$2,222$1,326$759$421$228$104
45 years$2,148$1,265$713$389$207$93
46 years$2,078$1,206$670$359$188$82
47 years$2,010$1,151$629$332$171$73
48 years$1,946$1,099$591$307$155$65
49 years$1,885$1,049$556$284$141$58
50 years$1,826$1,002$523$262$128$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,870,000, adding $3,504 every year, while hoping to spend $25,014 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: 40/48/12 Blend
64$1,870,000$1,870,000$1,870,000$1,870,000
65$2,064,354$1,965,244$1,936,259$2,139,395
66$2,248,304$2,034,927$1,974,509$2,262,376
67$2,450,178$2,107,185$2,013,202$2,392,602
68$2,671,778$2,182,119$2,052,327$2,532,925
69$2,915,090$2,259,833$2,091,870$2,684,273
70$3,182,299$2,340,435$2,131,818$2,847,660
71$3,475,814$2,424,037$2,172,154$3,024,205
72$3,798,289$2,510,757$2,212,864$3,215,132
73$4,152,647$2,600,716$2,253,927$3,421,791
74$4,542,107$2,694,042$2,295,324$3,645,662
75$4,970,218$2,790,866$2,337,033$3,888,372
76$5,440,888$2,891,326$2,379,031$4,151,712
77$5,958,423$2,995,566$2,421,293$4,437,647
78$6,527,568$3,103,734$2,463,792$4,748,342
79$7,153,549$3,215,986$2,506,498$5,086,175
80$7,842,125$3,332,483$2,549,380$5,453,763
81$8,599,642$3,453,395$2,592,404$5,853,982
82$9,433,090$3,578,897$2,635,535$6,289,999
83$10,350,174$3,709,171$2,678,734$6,765,296
84$11,359,379$3,844,408$2,721,959$7,283,706
85$12,470,058$3,984,806$2,765,167$7,849,446
86$13,692,516$4,130,573$2,808,311$8,467,156
87$15,038,105$4,281,923$2,851,342$9,141,943
88$16,519,336$4,439,082$2,894,207$9,879,428
89$18,149,994$4,602,283$2,936,848$10,685,798
90$19,945,268$4,771,769$2,979,207$11,567,865
91$21,921,895$4,947,796$3,021,221$12,533,127
92$24,098,318$5,130,628$3,062,822$13,589,837
93$26,494,858$5,320,541$3,103,938$14,747,085
94$29,133,909$5,517,822$3,144,495$16,014,876
95$32,040,145$5,722,773$3,184,413$17,404,228
96$35,240,756$5,935,705$3,223,607$18,927,275
97$38,765,704$6,156,945$3,261,988$20,597,376
98$42,648,003$6,386,833$3,299,463$22,429,244
99$46,924,036$6,625,724$3,335,931$24,439,083
100$51,633,891$6,873,988$3,371,288$26,644,737