Can I retire at age 65 with 2,010,000?

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 $2,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$165,984$164,505$163,063$161,655$160,280$155,212
2 years$82,170$80,640$79,157$77,719$76,324$71,263
3 years$54,236$52,699$51,220$49,795$48,423$43,529
4 years$40,272$38,739$37,275$35,875$34,536$29,846
5 years$31,895$30,372$28,927$27,555$26,253$21,781
6 years$26,313$24,801$23,377$22,036$20,773$16,522
7 years$22,327$20,828$19,427$18,117$16,894$12,863
8 years$19,339$17,853$16,475$15,198$14,016$10,202
9 years$17,016$15,545$14,190$12,945$11,803$8,202
10 years$15,159$13,702$12,371$11,159$10,057$6,664
11 years$13,640$12,198$10,891$9,712$8,649$5,458
12 years$12,376$10,948$9,666$8,518$7,495$4,499
13 years$11,307$9,894$8,636$7,520$6,536$3,728
14 years$10,391$8,993$7,759$6,676$5,729$3,101
15 years$9,598$8,216$7,006$5,954$5,045$2,589
16 years$8,905$7,538$6,352$5,331$4,458$2,167
17 years$8,294$6,942$5,780$4,790$3,953$1,818
18 years$7,752$6,415$5,276$4,317$3,515$1,528
19 years$7,267$5,945$4,830$3,900$3,133$1,286
20 years$6,831$5,524$4,433$3,533$2,798$1,084
21 years$6,438$5,146$4,077$3,206$2,504$915
22 years$6,080$4,803$3,758$2,915$2,245$773
23 years$5,754$4,492$3,470$2,655$2,015$653
24 years$5,456$4,209$3,209$2,421$1,811$553
25 years$5,182$3,950$2,972$2,211$1,630$468
26 years$4,930$3,712$2,756$2,022$1,468$396
27 years$4,696$3,494$2,560$1,851$1,324$335
28 years$4,480$3,292$2,380$1,696$1,194$284
29 years$4,279$3,106$2,214$1,555$1,078$241
30 years$4,091$2,933$2,063$1,427$974$204
31 years$3,917$2,773$1,923$1,311$881$173
32 years$3,753$2,624$1,794$1,204$797$147
33 years$3,600$2,485$1,675$1,108$721$125
34 years$3,456$2,355$1,565$1,019$653$106
35 years$3,320$2,234$1,463$938$591$90
36 years$3,192$2,120$1,369$864$536$76
37 years$3,072$2,013$1,281$796$486$65
38 years$2,958$1,914$1,200$734$440$55
39 years$2,850$1,820$1,124$677$399$46
40 years$2,748$1,731$1,054$624$362$39
41 years$2,651$1,648$988$576$329$33
42 years$2,559$1,569$927$531$298$28
43 years$2,471$1,495$870$490$271$24
44 years$2,388$1,425$816$453$246$20
45 years$2,309$1,359$766$418$223$17
46 years$2,233$1,297$720$386$202$15
47 years$2,161$1,237$676$357$184$13
48 years$2,092$1,181$636$330$167$11
49 years$2,026$1,128$597$305$152$9
50 years$1,962$1,078$562$282$138$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,010,000, adding $5,539 every year, while hoping to spend $37,199 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: 64/10/26 Blend
64$2,010,000$2,010,000$2,010,000$2,010,000
65$2,220,733$2,114,203$2,083,048$2,347,304
66$2,407,669$2,178,220$2,113,251$2,497,550
67$2,612,425$2,244,127$2,143,219$2,657,025
68$2,836,780$2,311,977$2,172,904$2,830,454
69$3,082,693$2,381,825$2,202,258$3,019,211
70$3,352,320$2,453,727$2,231,227$3,224,808
71$3,648,039$2,527,741$2,259,754$3,448,913
72$3,972,464$2,603,926$2,287,782$3,693,362
73$4,328,479$2,682,342$2,315,246$3,960,177
74$4,719,259$2,763,052$2,342,082$4,251,586
75$5,148,300$2,846,118$2,368,218$4,570,043
76$5,619,456$2,931,607$2,393,582$4,918,253
77$6,136,969$3,019,584$2,418,096$5,299,194
78$6,705,515$3,110,119$2,441,677$5,716,150
79$7,330,244$3,203,281$2,464,240$6,172,737
80$8,016,829$3,299,142$2,485,692$6,672,940
81$8,771,521$3,397,776$2,505,939$7,221,148
82$9,601,207$3,499,257$2,524,878$7,822,200
83$10,513,472$3,603,664$2,542,404$8,481,426
84$11,516,677$3,711,073$2,558,405$9,204,699
85$12,620,029$3,821,567$2,572,763$9,998,492
86$13,833,676$3,935,228$2,585,354$10,869,937
87$15,168,797$4,052,140$2,596,049$11,826,892
88$16,637,708$4,172,389$2,604,711$12,878,016
89$18,253,982$4,296,064$2,611,197$14,032,853
90$20,032,572$4,423,255$2,615,356$15,301,917
91$21,989,953$4,554,053$2,617,029$16,696,796
92$24,144,281$4,688,554$2,616,051$18,230,260
93$26,515,557$4,826,852$2,612,248$19,916,380
94$29,125,822$4,969,047$2,605,438$21,770,661
95$31,999,364$5,115,238$2,595,428$23,810,193
96$35,162,943$5,265,528$2,582,018$26,053,805
97$38,646,045$5,420,021$2,564,997$28,522,250
98$42,481,162$5,578,823$2,544,146$31,238,394
99$46,704,099$5,742,043$2,519,233$34,227,439
100$51,354,305$5,909,791$2,490,015$37,517,156