Can I retire at age 65 with 2,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$173,416$171,871$170,364$168,893$167,457$166,054
2 years$85,850$84,251$82,701$81,199$79,741$78,327
3 years$56,665$55,059$53,513$52,025$50,591$49,210
4 years$42,075$40,474$38,944$37,481$36,082$34,744
5 years$33,323$31,732$30,222$28,789$27,429$26,138
6 years$27,491$25,912$24,424$23,023$21,704$20,462
7 years$23,327$21,761$20,296$18,928$17,651$16,459
8 years$20,205$18,653$17,213$15,878$14,643$13,501
9 years$17,778$16,241$14,825$13,525$12,332$11,238
10 years$15,837$14,315$12,925$11,659$10,507$9,462
11 years$14,251$12,744$11,379$10,146$9,037$8,040
12 years$12,930$11,438$10,099$8,900$7,831$6,881
13 years$11,813$10,337$9,023$7,857$6,829$5,924
14 years$10,856$9,396$8,107$6,975$5,986$5,126
15 years$10,028$8,583$7,319$6,220$5,271$4,454
16 years$9,304$7,875$6,636$5,570$4,658$3,884
17 years$8,666$7,253$6,039$5,004$4,130$3,397
18 years$8,099$6,702$5,512$4,510$3,672$2,979
19 years$7,592$6,211$5,046$4,075$3,273$2,618
20 years$7,137$5,772$4,631$3,691$2,924$2,305
21 years$6,726$5,376$4,260$3,350$2,616$2,033
22 years$6,352$5,018$3,926$3,045$2,345$1,795
23 years$6,012$4,694$3,625$2,774$2,105$1,587
24 years$5,700$4,398$3,353$2,530$1,892$1,405
25 years$5,414$4,127$3,105$2,310$1,703$1,245
26 years$5,150$3,879$2,880$2,112$1,534$1,105
27 years$4,906$3,650$2,674$1,934$1,383$980
28 years$4,680$3,440$2,486$1,772$1,248$871
29 years$4,470$3,245$2,313$1,625$1,127$774
30 years$4,275$3,064$2,155$1,491$1,018$688
31 years$4,092$2,897$2,009$1,369$920$612
32 years$3,921$2,741$1,874$1,258$833$545
33 years$3,761$2,596$1,750$1,157$753$485
34 years$3,610$2,460$1,635$1,065$682$432
35 years$3,469$2,334$1,529$980$618$385
36 years$3,335$2,215$1,430$903$560$343
37 years$3,209$2,104$1,339$832$507$305
38 years$3,090$1,999$1,254$767$460$272
39 years$2,978$1,901$1,174$707$417$243
40 years$2,871$1,809$1,101$652$378$216
41 years$2,770$1,722$1,032$602$343$193
42 years$2,674$1,640$968$555$311$172
43 years$2,582$1,562$909$512$283$154
44 years$2,495$1,489$853$473$257$137
45 years$2,412$1,420$801$437$233$122
46 years$2,333$1,355$752$404$211$109
47 years$2,258$1,293$707$373$192$97
48 years$2,185$1,234$664$345$174$87
49 years$2,116$1,179$624$318$158$78
50 years$2,050$1,126$587$294$144$69

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,100,000, adding $3,044 every year, while hoping to spend $51,264 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: 60/30/10 Blend
64$2,100,000$2,100,000$2,100,000$2,100,000
65$2,317,340$2,206,040$2,173,490$2,450,847
66$2,499,164$2,259,591$2,191,757$2,594,381
67$2,697,816$2,314,049$2,208,919$2,744,778
68$2,914,958$2,369,402$2,224,882$2,907,562
69$3,152,421$2,425,640$2,239,553$3,083,932
70$3,412,219$2,482,747$2,252,829$3,275,204
71$3,696,572$2,540,708$2,264,605$3,482,829
72$4,007,922$2,599,503$2,274,769$3,708,406
73$4,348,961$2,659,109$2,283,204$3,953,694
74$4,722,650$2,719,501$2,289,787$4,220,633
75$5,132,254$2,780,650$2,294,389$4,511,356
76$5,581,366$2,842,524$2,296,873$4,828,218
77$6,073,945$2,905,087$2,297,098$5,173,808
78$6,614,350$2,968,299$2,294,913$5,550,983
79$7,207,383$3,032,115$2,290,162$5,962,886
80$7,858,335$3,096,487$2,282,681$6,412,983
81$8,573,031$3,161,361$2,272,297$6,905,093
82$9,357,890$3,226,678$2,258,829$7,443,423
83$10,219,983$3,292,373$2,242,088$8,032,606
84$11,167,099$3,358,377$2,221,875$8,677,752
85$12,207,817$3,424,612$2,197,982$9,384,488
86$13,351,592$3,490,995$2,170,192$10,159,016
87$14,608,836$3,557,436$2,138,276$11,008,169
88$15,991,025$3,623,837$2,101,995$11,939,480
89$17,510,797$3,690,093$2,061,099$12,961,247
90$19,182,079$3,756,089$2,015,328$14,082,616
91$21,020,216$3,821,702$1,964,406$15,313,664
92$23,042,112$3,886,799$1,908,047$16,665,498
93$25,266,393$3,951,237$1,845,952$18,150,359
94$27,713,581$4,014,864$1,777,808$19,781,735
95$30,406,288$4,077,514$1,703,286$21,574,492
96$33,369,428$4,139,011$1,622,044$23,545,011
97$36,630,451$4,199,164$1,533,724$25,711,347
98$40,219,605$4,257,771$1,437,952$28,093,397
99$44,170,217$4,314,614$1,334,336$30,713,089
100$48,519,011$4,369,462$1,222,468$33,594,589