Can I retire at age 80 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%14%
1 years$152,771$151,410$150,083$148,787$147,522$145,078
2 years$75,629$74,221$72,856$71,532$70,248$67,793
3 years$49,919$48,504$47,142$45,831$44,568$42,179
4 years$37,066$35,656$34,308$33,019$31,787$29,480
5 years$29,356$27,954$26,624$25,362$24,164$21,948
6 years$24,218$22,827$21,516$20,282$19,120$16,997
7 years$20,550$19,170$17,880$16,675$15,550$13,520
8 years$17,799$16,432$15,164$13,988$12,900$10,964
9 years$15,661$14,307$13,061$11,915$10,864$9,019
10 years$13,952$12,611$11,386$10,271$9,256$7,502
11 years$12,554$11,227$10,024$8,939$7,961$6,296
12 years$11,391$10,077$8,896$7,840$6,899$5,320
13 years$10,407$9,106$7,948$6,922$6,016$4,521
14 years$9,564$8,277$7,142$6,144$5,273$3,860
15 years$8,834$7,562$6,448$5,480$4,643$3,309
16 years$8,196$6,938$5,846$4,907$4,104$2,846
17 years$7,634$6,389$5,320$4,408$3,638$2,454
18 years$7,135$5,904$4,856$3,973$3,235$2,121
19 years$6,689$5,472$4,446$3,590$2,884$1,837
20 years$6,288$5,085$4,080$3,251$2,576$1,594
21 years$5,925$4,736$3,753$2,951$2,305$1,385
22 years$5,596$4,421$3,459$2,683$2,066$1,205
23 years$5,296$4,135$3,194$2,443$1,855$1,049
24 years$5,022$3,874$2,953$2,229$1,667$914
25 years$4,770$3,636$2,736$2,035$1,500$798
26 years$4,537$3,417$2,537$1,861$1,351$696
27 years$4,322$3,216$2,356$1,703$1,218$608
28 years$4,123$3,030$2,190$1,561$1,099$532
29 years$3,938$2,859$2,038$1,431$993$465
30 years$3,766$2,700$1,898$1,313$897$407
31 years$3,605$2,552$1,770$1,206$811$356
32 years$3,454$2,415$1,651$1,109$733$311
33 years$3,313$2,287$1,542$1,019$664$273
34 years$3,180$2,167$1,441$938$601$239
35 years$3,056$2,056$1,347$863$544$209
36 years$2,938$1,951$1,260$795$493$183
37 years$2,827$1,853$1,179$733$447$161
38 years$2,722$1,761$1,104$675$405$141
39 years$2,623$1,675$1,035$623$367$123
40 years$2,529$1,593$970$574$333$108
41 years$2,440$1,517$909$530$302$95
42 years$2,355$1,444$853$489$274$83
43 years$2,275$1,376$800$451$249$73
44 years$2,198$1,312$751$417$226$64
45 years$2,125$1,251$705$385$205$56
46 years$2,055$1,193$663$356$186$49
47 years$1,989$1,139$622$329$169$43
48 years$1,925$1,087$585$304$154$38
49 years$1,864$1,038$550$281$140$33
50 years$1,806$992$517$259$127$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $1,850,000, adding $3,490 every year, while hoping to spend $43,173 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: 23/47/30 Blend
79$1,850,000$1,850,000$1,850,000$1,850,000
80$2,042,300$1,944,250$1,915,575$2,069,935
81$2,204,679$1,993,582$1,933,811$2,143,869
82$2,382,173$2,043,885$1,951,211$2,219,134
83$2,576,280$2,095,160$1,967,701$2,298,810
84$2,788,645$2,147,408$1,983,204$2,383,290
85$3,021,084$2,200,629$1,997,639$2,473,008
86$3,275,594$2,254,818$2,010,919$2,568,443
87$3,554,374$2,309,974$2,022,954$2,670,123
88$3,859,846$2,366,089$2,033,649$2,778,629
89$4,194,679$2,423,156$2,042,905$2,894,603
90$4,561,811$2,481,164$2,050,616$3,018,752
91$4,964,477$2,540,103$2,056,673$3,151,856
92$5,406,241$2,599,956$2,060,960$3,294,776
93$5,891,031$2,660,707$2,063,355$3,448,460
94$6,423,169$2,722,335$2,063,731$3,613,956
95$7,007,421$2,784,817$2,061,954$3,792,417
96$7,649,032$2,848,127$2,057,884$3,985,118
97$8,353,783$2,912,236$2,051,373$4,193,464
98$9,128,043$2,977,109$2,042,267$4,419,003
99$9,978,825$3,042,709$2,030,405$4,663,446
100$10,913,858$3,108,995$2,015,617$4,928,678