Can I retire at age 67 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$150,294$148,955$147,649$146,374$145,129$140,766
2 years$74,403$73,017$71,674$70,372$69,109$64,750
3 years$49,109$47,718$46,378$45,088$43,846$39,627
4 years$36,465$35,077$33,751$32,483$31,271$27,225
5 years$28,880$27,501$26,192$24,950$23,772$19,910
6 years$23,825$22,457$21,167$19,953$18,810$15,136
7 years$20,216$18,859$17,590$16,405$15,297$11,811
8 years$17,511$16,166$14,918$13,761$12,691$9,389
9 years$15,407$14,075$12,849$11,722$10,687$7,568
10 years$13,726$12,407$11,202$10,104$9,106$6,164
11 years$12,351$11,045$9,862$8,794$7,832$5,061
12 years$11,206$9,913$8,752$7,713$6,787$4,183
13 years$10,238$8,959$7,820$6,810$5,918$3,475
14 years$9,409$8,143$7,026$6,045$5,188$2,899
15 years$8,691$7,439$6,343$5,391$4,568$2,427
16 years$8,063$6,825$5,751$4,827$4,037$2,037
17 years$7,510$6,286$5,233$4,337$3,579$1,714
18 years$7,019$5,808$4,777$3,908$3,183$1,445
19 years$6,580$5,383$4,373$3,532$2,837$1,220
20 years$6,186$5,002$4,014$3,199$2,534$1,032
21 years$5,829$4,659$3,692$2,903$2,268$873
22 years$5,505$4,349$3,403$2,639$2,033$740
23 years$5,210$4,068$3,142$2,404$1,825$628
24 years$4,940$3,811$2,906$2,192$1,640$533
25 years$4,692$3,577$2,691$2,002$1,476$452
26 years$4,464$3,362$2,496$1,831$1,329$384
27 years$4,252$3,164$2,318$1,676$1,198$326
28 years$4,056$2,981$2,155$1,535$1,081$277
29 years$3,874$2,812$2,005$1,408$976$236
30 years$3,705$2,656$1,868$1,292$882$201
31 years$3,546$2,511$1,741$1,187$798$171
32 years$3,398$2,376$1,624$1,091$722$145
33 years$3,259$2,250$1,517$1,003$653$124
34 years$3,129$2,132$1,417$923$591$105
35 years$3,006$2,022$1,325$849$535$90
36 years$2,891$1,920$1,239$782$485$76
37 years$2,781$1,823$1,160$721$440$65
38 years$2,678$1,733$1,086$664$399$55
39 years$2,581$1,648$1,018$613$362$47
40 years$2,488$1,568$954$565$328$40
41 years$2,400$1,492$895$521$297$34
42 years$2,317$1,421$839$481$270$29
43 years$2,238$1,354$787$444$245$25
44 years$2,162$1,291$739$410$222$21
45 years$2,091$1,231$694$379$202$18
46 years$2,022$1,174$652$350$183$15
47 years$1,957$1,120$612$323$166$13
48 years$1,894$1,070$575$299$151$11
49 years$1,834$1,021$541$276$137$9
50 years$1,777$976$509$255$125$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $1,820,000, adding $3,636 every year, while hoping to spend $24,113 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: 37/37/26 Blend
66$1,820,000$1,820,000$1,820,000$1,820,000
67$2,009,391$1,912,931$1,884,721$2,067,976
68$2,188,692$1,981,008$1,922,203$2,179,478
69$2,385,475$2,051,613$1,960,132$2,297,362
70$2,601,495$2,124,844$1,998,499$2,424,229
71$2,838,690$2,200,804$2,037,291$2,560,904
72$3,099,192$2,279,599$2,076,495$2,708,296
73$3,385,350$2,361,340$2,116,098$2,867,401
74$3,699,752$2,446,142$2,156,084$3,039,315
75$4,045,250$2,534,126$2,196,436$3,225,244
76$4,424,985$2,625,417$2,237,136$3,426,511
77$4,842,417$2,720,146$2,278,164$3,644,573
78$5,301,358$2,818,448$2,319,497$3,881,031
79$5,806,010$2,920,465$2,361,113$4,137,648
80$6,360,999$3,026,344$2,402,987$4,416,359
81$6,971,424$3,136,239$2,445,090$4,719,297
82$7,642,904$3,250,309$2,487,395$5,048,806
83$8,381,626$3,368,721$2,529,869$5,407,465
84$9,194,412$3,491,648$2,572,480$5,798,115
85$10,088,774$3,619,271$2,615,190$6,223,879
86$11,072,992$3,751,778$2,657,962$6,688,196
87$12,156,188$3,889,366$2,700,754$7,194,850
88$13,348,413$4,032,238$2,743,524$7,748,008
89$14,660,743$4,180,609$2,786,223$8,352,255
90$16,105,380$4,334,700$2,828,802$9,012,640
91$17,695,770$4,494,743$2,871,209$9,734,722
92$19,446,732$4,660,978$2,913,388$10,524,620
93$21,374,590$4,833,657$2,955,278$11,389,073
94$23,497,335$5,013,043$2,996,816$12,335,501
95$25,834,790$5,199,409$3,037,936$13,372,076
96$28,408,798$5,393,040$3,078,567$14,507,794
97$31,243,429$5,594,233$3,118,633$15,752,566
98$34,365,206$5,803,297$3,158,054$17,117,305
99$37,803,355$6,020,556$3,196,747$18,614,030
100$41,590,082$6,246,348$3,234,622$20,255,980