Can I retire at age 65 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$157,726$156,321$154,950$153,612$152,306$147,372
2 years$78,082$76,628$75,219$73,852$72,527$67,602
3 years$51,538$50,077$48,671$47,318$46,014$41,253
4 years$38,268$36,812$35,420$34,090$32,818$28,257
5 years$30,308$28,861$27,488$26,184$24,947$20,599
6 years$25,004$23,567$22,214$20,940$19,740$15,608
7 years$21,216$19,792$18,460$17,216$16,054$12,138
8 years$18,377$16,965$15,656$14,442$13,318$9,615
9 years$16,169$14,771$13,484$12,301$11,216$7,722
10 years$14,405$13,020$11,756$10,604$9,557$6,265
11 years$12,962$11,591$10,350$9,228$8,219$5,125
12 years$11,760$10,404$9,185$8,095$7,122$4,219
13 years$10,744$9,402$8,206$7,146$6,211$3,491
14 years$9,874$8,546$7,373$6,344$5,444$2,900
15 years$9,121$7,807$6,657$5,657$4,794$2,417
16 years$8,462$7,163$6,036$5,066$4,237$2,020
17 years$7,882$6,597$5,492$4,551$3,756$1,693
18 years$7,366$6,095$5,014$4,102$3,340$1,421
19 years$6,906$5,649$4,590$3,706$2,977$1,194
20 years$6,491$5,250$4,212$3,357$2,659$1,005
21 years$6,117$4,890$3,874$3,046$2,380$847
22 years$5,778$4,564$3,571$2,770$2,133$714
23 years$5,468$4,269$3,297$2,523$1,915$603
24 years$5,185$4,000$3,049$2,301$1,721$509
25 years$4,924$3,754$2,824$2,101$1,549$430
26 years$4,684$3,528$2,619$1,921$1,395$364
27 years$4,463$3,320$2,432$1,759$1,258$308
28 years$4,257$3,128$2,261$1,611$1,135$260
29 years$4,066$2,951$2,104$1,478$1,025$220
30 years$3,888$2,787$1,960$1,356$926$186
31 years$3,722$2,635$1,827$1,245$837$158
32 years$3,566$2,493$1,705$1,145$757$134
33 years$3,421$2,361$1,592$1,052$685$113
34 years$3,284$2,238$1,487$968$620$96
35 years$3,155$2,122$1,391$891$562$81
36 years$3,034$2,014$1,301$821$509$69
37 years$2,919$1,913$1,218$756$461$58
38 years$2,811$1,818$1,140$697$418$49
39 years$2,708$1,729$1,068$643$379$42
40 years$2,611$1,645$1,001$593$344$35
41 years$2,519$1,566$939$547$312$30
42 years$2,432$1,491$881$505$283$25
43 years$2,349$1,421$826$466$257$22
44 years$2,269$1,354$776$430$233$18
45 years$2,194$1,292$728$397$212$15
46 years$2,122$1,232$684$367$192$13
47 years$2,053$1,176$643$339$175$11
48 years$1,988$1,122$604$313$159$9
49 years$1,925$1,072$568$290$144$8
50 years$1,865$1,024$534$268$131$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $1,910,000, adding $3,493 every year, while hoping to spend $24,661 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: 77/13/10 Blend
64$1,910,000$1,910,000$1,910,000$1,910,000
65$2,108,423$2,007,193$1,977,588$2,266,868
66$2,297,243$2,079,306$2,017,598$2,443,692
67$2,504,496$2,154,127$2,058,122$2,634,019
68$2,732,037$2,231,761$2,099,151$2,841,999
69$2,981,907$2,312,319$2,140,675$3,069,379
70$3,256,356$2,395,918$2,182,683$3,318,082
71$3,557,864$2,482,678$2,225,162$3,590,228
72$3,889,161$2,572,723$2,268,099$3,888,148
73$4,253,254$2,666,186$2,311,479$4,214,413
74$4,653,458$2,763,201$2,355,286$4,571,850
75$5,093,423$2,863,910$2,399,501$4,963,574
76$5,577,172$2,968,461$2,444,104$5,393,019
77$6,109,137$3,077,009$2,489,074$5,863,962
78$6,694,199$3,189,713$2,534,388$6,380,566
79$7,337,738$3,306,740$2,580,021$6,947,415
80$8,045,681$3,428,264$2,625,946$7,569,561
81$8,824,559$3,554,467$2,672,133$8,252,567
82$9,681,566$3,685,538$2,718,552$9,002,559
83$10,624,630$3,821,674$2,765,168$9,826,289
84$11,662,487$3,963,080$2,811,945$10,731,193
85$12,804,760$4,109,970$2,858,845$11,725,464
86$14,062,055$4,262,568$2,905,826$12,818,126
87$15,446,057$4,421,107$2,952,844$14,019,122
88$16,969,643$4,585,829$2,999,851$15,339,407
89$18,646,999$4,756,987$3,046,799$16,791,047
90$20,493,758$4,934,844$3,093,632$18,387,340
91$22,527,147$5,119,677$3,140,294$20,142,934
92$24,766,147$5,311,773$3,186,725$22,073,967
93$27,231,673$5,511,429$3,232,860$24,198,224
94$29,946,774$5,718,959$3,278,631$26,535,295
95$32,936,845$5,934,689$3,323,965$29,106,769
96$36,229,872$6,158,957$3,368,787$31,936,429
97$39,856,692$6,392,119$3,413,014$35,050,483
98$43,851,286$6,634,544$3,456,561$38,477,806
99$48,251,099$6,886,618$3,499,337$42,250,216
100$53,097,392$7,148,743$3,541,247$46,402,771