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%13.5%
1 years$154,423$153,047$151,705$150,395$149,116$146,949
2 years$76,447$75,023$73,643$72,306$71,008$68,828
3 years$50,458$49,028$47,652$46,327$45,050$42,927
4 years$37,467$36,041$34,679$33,376$32,130$30,079
5 years$29,674$28,257$26,912$25,636$24,425$22,452
6 years$24,480$23,074$21,749$20,501$19,327$17,435
7 years$20,772$19,377$18,073$16,855$15,718$13,907
8 years$17,992$16,610$15,328$14,139$13,039$11,310
9 years$15,831$14,462$13,202$12,044$10,981$9,332
10 years$14,103$12,747$11,510$10,382$9,356$7,786
11 years$12,690$11,348$10,133$9,035$8,047$6,554
12 years$11,514$10,186$8,993$7,925$6,973$5,556
13 years$10,519$9,205$8,034$6,997$6,081$4,738
14 years$9,667$8,367$7,219$6,211$5,330$4,059
15 years$8,930$7,643$6,518$5,539$4,693$3,491
16 years$8,285$7,013$5,909$4,960$4,148$3,013
17 years$7,716$6,458$5,377$4,456$3,678$2,607
18 years$7,212$5,968$4,909$4,016$3,270$2,262
19 years$6,761$5,531$4,494$3,629$2,915$1,966
20 years$6,356$5,140$4,124$3,286$2,604$1,712
21 years$5,989$4,787$3,793$2,983$2,330$1,493
22 years$5,657$4,469$3,496$2,712$2,088$1,304
23 years$5,354$4,180$3,228$2,470$1,875$1,140
24 years$5,076$3,916$2,985$2,253$1,685$997
25 years$4,821$3,675$2,765$2,057$1,516$874
26 years$4,586$3,454$2,564$1,881$1,366$766
27 years$4,369$3,251$2,381$1,722$1,231$672
28 years$4,168$3,063$2,214$1,577$1,111$589
29 years$3,981$2,890$2,060$1,447$1,003$517
30 years$3,807$2,729$1,919$1,328$907$454
31 years$3,644$2,580$1,789$1,219$820$399
32 years$3,492$2,441$1,669$1,121$741$351
33 years$3,349$2,312$1,558$1,030$671$309
34 years$3,215$2,191$1,456$948$607$271
35 years$3,089$2,078$1,361$873$550$239
36 years$2,970$1,972$1,274$804$499$210
37 years$2,858$1,873$1,192$741$452$185
38 years$2,752$1,780$1,116$683$410$163
39 years$2,652$1,693$1,046$629$371$143
40 years$2,557$1,611$980$581$337$126
41 years$2,466$1,533$919$536$306$111
42 years$2,381$1,460$862$494$277$98
43 years$2,299$1,391$809$456$252$86
44 years$2,222$1,326$759$421$228$76
45 years$2,148$1,265$713$389$207$67
46 years$2,078$1,206$670$359$188$59
47 years$2,010$1,151$629$332$171$52
48 years$1,946$1,099$591$307$155$46
49 years$1,885$1,049$556$284$141$40
50 years$1,826$1,002$523$262$128$35

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 $4,121 every year, while hoping to spend $35,664 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: 60/33/7 Blend
64$1,870,000$1,870,000$1,870,000$1,870,000
65$2,064,991$1,965,881$1,936,896$2,185,687
66$2,237,674$2,024,263$1,963,836$2,325,387
67$2,426,775$2,084,310$1,990,483$2,473,231
68$2,633,931$2,146,067$2,016,789$2,633,582
69$2,860,946$2,209,578$2,042,705$2,807,646
70$3,109,804$2,274,889$2,068,178$2,996,748
71$3,382,693$2,342,047$2,093,151$3,202,344
72$3,682,021$2,411,100$2,117,564$3,426,041
73$4,010,440$2,482,097$2,141,355$3,669,605
74$4,370,873$2,555,088$2,164,459$3,934,980
75$4,766,538$2,630,124$2,186,804$4,224,308
76$5,200,981$2,707,256$2,208,318$4,539,945
77$5,678,107$2,786,537$2,228,923$4,884,486
78$6,202,218$2,868,022$2,248,536$5,260,789
79$6,778,055$2,951,766$2,267,073$5,672,001
80$7,410,838$3,037,824$2,284,441$6,121,587
81$8,106,320$3,126,253$2,300,546$6,613,364
82$8,870,838$3,217,113$2,315,288$7,151,534
83$9,711,373$3,310,461$2,328,559$7,740,726
84$10,635,617$3,406,358$2,340,251$8,386,041
85$11,652,046$3,504,865$2,350,245$9,093,093
86$12,769,996$3,606,044$2,358,419$9,868,070
87$13,999,753$3,709,959$2,364,644$10,717,785
88$15,352,654$3,816,673$2,368,785$11,649,747
89$16,841,185$3,926,250$2,370,701$12,672,223
90$18,479,108$4,038,758$2,370,240$13,794,325
91$20,281,582$4,154,262$2,367,249$15,026,090
92$22,265,313$4,272,831$2,361,561$16,378,573
93$24,448,708$4,394,533$2,353,006$17,863,958
94$26,852,047$4,519,436$2,341,403$19,495,664
95$29,497,679$4,647,611$2,326,563$21,288,479
96$32,410,226$4,779,128$2,308,287$23,258,695
97$35,616,823$4,914,059$2,286,368$25,424,262
98$39,147,366$5,052,475$2,260,589$27,804,957
99$43,034,800$5,194,449$2,230,722$30,422,572
100$47,315,426$5,340,053$2,196,527$33,301,117