Can I retire at age 77 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$152,771$151,410$150,083$148,787$147,522$143,374
2 years$75,629$74,221$72,856$71,532$70,248$66,101
3 years$49,919$48,504$47,142$45,831$44,568$40,552
4 years$37,066$35,656$34,308$33,019$31,787$27,931
5 years$29,356$27,954$26,624$25,362$24,164$20,480
6 years$24,218$22,827$21,516$20,282$19,120$15,612
7 years$20,550$19,170$17,880$16,675$15,550$12,217
8 years$17,799$16,432$15,164$13,988$12,900$9,741
9 years$15,661$14,307$13,061$11,915$10,864$7,875
10 years$13,952$12,611$11,386$10,271$9,256$6,434
11 years$12,554$11,227$10,024$8,939$7,961$5,300
12 years$11,391$10,077$8,896$7,840$6,899$4,395
13 years$10,407$9,106$7,948$6,922$6,016$3,664
14 years$9,564$8,277$7,142$6,144$5,273$3,067
15 years$8,834$7,562$6,448$5,480$4,643$2,576
16 years$8,196$6,938$5,846$4,907$4,104$2,171
17 years$7,634$6,389$5,320$4,408$3,638$1,833
18 years$7,135$5,904$4,856$3,973$3,235$1,551
19 years$6,689$5,472$4,446$3,590$2,884$1,315
20 years$6,288$5,085$4,080$3,251$2,576$1,116
21 years$5,925$4,736$3,753$2,951$2,305$948
22 years$5,596$4,421$3,459$2,683$2,066$807
23 years$5,296$4,135$3,194$2,443$1,855$687
24 years$5,022$3,874$2,953$2,229$1,667$585
25 years$4,770$3,636$2,736$2,035$1,500$499
26 years$4,537$3,417$2,537$1,861$1,351$425
27 years$4,322$3,216$2,356$1,703$1,218$363
28 years$4,123$3,030$2,190$1,561$1,099$310
29 years$3,938$2,859$2,038$1,431$993$265
30 years$3,766$2,700$1,898$1,313$897$226
31 years$3,605$2,552$1,770$1,206$811$193
32 years$3,454$2,415$1,651$1,109$733$165
33 years$3,313$2,287$1,542$1,019$664$141
34 years$3,180$2,167$1,441$938$601$120
35 years$3,056$2,056$1,347$863$544$103
36 years$2,938$1,951$1,260$795$493$88
37 years$2,827$1,853$1,179$733$447$75
38 years$2,722$1,761$1,104$675$405$64
39 years$2,623$1,675$1,035$623$367$55
40 years$2,529$1,593$970$574$333$47
41 years$2,440$1,517$909$530$302$40
42 years$2,355$1,444$853$489$274$34
43 years$2,275$1,376$800$451$249$29
44 years$2,198$1,312$751$417$226$25
45 years$2,125$1,251$705$385$205$22
46 years$2,055$1,193$663$356$186$18
47 years$1,989$1,139$622$329$169$16
48 years$1,925$1,087$585$304$154$13
49 years$1,864$1,038$550$281$140$12
50 years$1,806$992$517$259$127$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 77 starting with $1,850,000, adding $4,076 every year, while hoping to spend $29,171 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: 62/13/25 Blend
76$1,850,000$1,850,000$1,850,000$1,850,000
77$2,042,904$1,944,854$1,916,179$2,155,779
78$2,220,243$2,009,115$1,949,334$2,297,021
79$2,414,692$2,075,546$1,982,621$2,447,613
80$2,627,967$2,144,224$2,016,015$2,611,403
81$2,861,956$2,215,226$2,049,487$2,789,686
82$3,118,738$2,288,635$2,083,008$2,983,885
83$3,400,605$2,364,534$2,116,545$3,195,570
84$3,710,081$2,443,011$2,150,063$3,426,467
85$4,049,946$2,524,155$2,183,527$3,678,480
86$4,423,263$2,608,061$2,216,897$3,953,704
87$4,833,404$2,694,825$2,250,132$4,254,446
88$5,284,088$2,784,548$2,283,188$4,583,248
89$5,779,408$2,877,334$2,316,018$4,942,911
90$6,323,876$2,973,291$2,348,573$5,336,517
91$6,922,461$3,072,532$2,380,799$5,767,465
92$7,580,638$3,175,172$2,412,643$6,239,496
93$8,304,440$3,281,333$2,444,043$6,756,735
94$9,100,513$3,391,138$2,474,939$7,323,722
95$9,976,180$3,504,719$2,505,264$7,945,462
96$10,939,509$3,622,208$2,534,948$8,627,468
97$11,999,388$3,743,745$2,563,918$9,375,812
98$13,165,612$3,869,476$2,592,096$10,197,187
99$14,448,974$3,999,549$2,619,401$11,098,965
100$15,861,363$4,134,121$2,645,744$12,089,270