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%12.8%
1 years$154,423$153,047$151,705$150,395$149,116$147,375
2 years$76,447$75,023$73,643$72,306$71,008$69,255
3 years$50,458$49,028$47,652$46,327$45,050$43,341
4 years$37,467$36,041$34,679$33,376$32,130$30,477
5 years$29,674$28,257$26,912$25,636$24,425$22,833
6 years$24,480$23,074$21,749$20,501$19,327$17,797
7 years$20,772$19,377$18,073$16,855$15,718$14,252
8 years$17,992$16,610$15,328$14,139$13,039$11,637
9 years$15,831$14,462$13,202$12,044$10,981$9,642
10 years$14,103$12,747$11,510$10,382$9,356$8,079
11 years$12,690$11,348$10,133$9,035$8,047$6,830
12 years$11,514$10,186$8,993$7,925$6,973$5,816
13 years$10,519$9,205$8,034$6,997$6,081$4,982
14 years$9,667$8,367$7,219$6,211$5,330$4,288
15 years$8,930$7,643$6,518$5,539$4,693$3,706
16 years$8,285$7,013$5,909$4,960$4,148$3,214
17 years$7,716$6,458$5,377$4,456$3,678$2,795
18 years$7,212$5,968$4,909$4,016$3,270$2,437
19 years$6,761$5,531$4,494$3,629$2,915$2,129
20 years$6,356$5,140$4,124$3,286$2,604$1,864
21 years$5,989$4,787$3,793$2,983$2,330$1,634
22 years$5,657$4,469$3,496$2,712$2,088$1,434
23 years$5,354$4,180$3,228$2,470$1,875$1,261
24 years$5,076$3,916$2,985$2,253$1,685$1,109
25 years$4,821$3,675$2,765$2,057$1,516$977
26 years$4,586$3,454$2,564$1,881$1,366$861
27 years$4,369$3,251$2,381$1,722$1,231$759
28 years$4,168$3,063$2,214$1,577$1,111$670
29 years$3,981$2,890$2,060$1,447$1,003$592
30 years$3,807$2,729$1,919$1,328$907$523
31 years$3,644$2,580$1,789$1,219$820$462
32 years$3,492$2,441$1,669$1,121$741$408
33 years$3,349$2,312$1,558$1,030$671$361
34 years$3,215$2,191$1,456$948$607$319
35 years$3,089$2,078$1,361$873$550$283
36 years$2,970$1,972$1,274$804$499$250
37 years$2,858$1,873$1,192$741$452$221
38 years$2,752$1,780$1,116$683$410$196
39 years$2,652$1,693$1,046$629$371$174
40 years$2,557$1,611$980$581$337$154
41 years$2,466$1,533$919$536$306$136
42 years$2,381$1,460$862$494$277$121
43 years$2,299$1,391$809$456$252$107
44 years$2,222$1,326$759$421$228$95
45 years$2,148$1,265$713$389$207$84
46 years$2,078$1,206$670$359$188$74
47 years$2,010$1,151$629$332$171$66
48 years$1,946$1,099$591$307$155$58
49 years$1,885$1,049$556$284$141$52
50 years$1,826$1,002$523$262$128$46

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 $6,936 every year, while hoping to spend $50,100 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: 63/18/19 Blend
64$1,870,000$1,870,000$1,870,000$1,870,000
65$2,067,894$1,968,784$1,939,799$2,187,743
66$2,225,514$2,011,949$1,951,477$2,312,418
67$2,397,531$2,055,549$1,961,866$2,442,249
68$2,585,362$2,099,554$1,970,871$2,582,867
69$2,790,565$2,143,928$1,978,392$2,735,329
70$3,014,856$2,188,634$1,984,321$2,900,797
71$3,260,124$2,233,630$1,988,549$3,080,554
72$3,528,448$2,278,869$1,990,957$3,276,012
73$3,822,119$2,324,303$1,991,423$3,488,727
74$4,143,658$2,369,877$1,989,818$3,720,414
75$4,495,842$2,415,531$1,986,008$3,972,965
76$4,881,729$2,461,203$1,979,850$4,248,461
77$5,304,686$2,506,824$1,971,196$4,549,201
78$5,768,424$2,552,317$1,959,891$4,877,713
79$6,277,026$2,597,604$1,945,771$5,236,787
80$6,834,993$2,642,597$1,928,664$5,629,497
81$7,447,281$2,687,203$1,908,393$6,059,232
82$8,119,348$2,731,320$1,884,768$6,529,725
83$8,857,208$2,774,841$1,857,594$7,045,092
84$9,667,484$2,817,650$1,826,665$7,609,870
85$10,557,475$2,859,622$1,791,766$8,229,060
86$11,535,217$2,900,623$1,752,670$8,908,173
87$12,609,567$2,940,512$1,709,142$9,653,284
88$13,790,280$2,979,134$1,660,936$10,471,088
89$15,088,104$3,016,327$1,607,792$11,368,966
90$16,514,879$3,051,915$1,549,442$12,355,053
91$18,083,650$3,085,713$1,485,602$13,438,315
92$19,808,790$3,117,520$1,415,977$14,628,634
93$21,706,134$3,147,126$1,340,259$15,936,905
94$23,793,127$3,174,302$1,258,125$17,375,132
95$26,088,992$3,198,809$1,169,238$18,956,550
96$28,614,908$3,220,389$1,073,246$20,695,746
97$31,394,209$3,238,769$969,781$22,608,795
98$34,452,608$3,253,658$858,458$24,713,419
99$37,818,433$3,264,746$738,875$27,029,149
100$41,522,899$3,271,705$610,614$29,577,511