Can I retire at age 65 with 2,110,000?

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 $2,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$174,242$172,690$171,176$169,698$168,254$163,590
2 years$86,258$84,652$83,095$81,585$80,121$75,457
3 years$56,934$55,321$53,768$52,273$50,832$46,314
4 years$42,275$40,667$39,129$37,659$36,254$31,916
5 years$33,482$31,883$30,366$28,926$27,560$23,414
6 years$27,622$26,035$24,540$23,132$21,807$17,858
7 years$23,438$21,864$20,393$19,018$17,735$13,983
8 years$20,301$18,742$17,295$15,954$14,713$11,155
9 years$17,862$16,318$14,896$13,589$12,390$9,024
10 years$15,913$14,383$12,987$11,714$10,557$7,377
11 years$14,319$12,805$11,433$10,195$9,080$6,081
12 years$12,991$11,493$10,147$8,942$7,868$5,046
13 years$11,869$10,386$9,065$7,895$6,861$4,209
14 years$10,908$9,441$8,145$7,008$6,014$3,526
15 years$10,076$8,624$7,354$6,250$5,296$2,964
16 years$9,348$7,913$6,668$5,596$4,680$2,499
17 years$8,707$7,287$6,067$5,028$4,150$2,112
18 years$8,137$6,734$5,539$4,531$3,690$1,788
19 years$7,629$6,241$5,070$4,094$3,289$1,517
20 years$7,171$5,799$4,653$3,708$2,938$1,289
21 years$6,758$5,402$4,280$3,365$2,629$1,096
22 years$6,383$5,042$3,945$3,060$2,356$933
23 years$6,041$4,716$3,642$2,787$2,115$795
24 years$5,728$4,419$3,369$2,542$1,901$678
25 years$5,440$4,147$3,120$2,321$1,711$578
26 years$5,175$3,897$2,894$2,122$1,541$493
27 years$4,930$3,668$2,687$1,943$1,389$421
28 years$4,703$3,456$2,498$1,780$1,254$360
29 years$4,492$3,260$2,324$1,632$1,132$308
30 years$4,295$3,079$2,165$1,498$1,023$263
31 years$4,111$2,911$2,019$1,376$925$225
32 years$3,940$2,754$1,883$1,264$837$192
33 years$3,779$2,608$1,758$1,163$757$164
34 years$3,627$2,472$1,643$1,070$685$141
35 years$3,485$2,345$1,536$985$621$120
36 years$3,351$2,225$1,437$907$562$103
37 years$3,225$2,114$1,345$836$510$88
38 years$3,105$2,009$1,260$770$462$75
39 years$2,992$1,910$1,180$710$419$65
40 years$2,885$1,817$1,106$655$380$55
41 years$2,783$1,730$1,037$604$345$47
42 years$2,686$1,647$973$558$313$40
43 years$2,594$1,570$913$515$284$35
44 years$2,507$1,496$857$475$258$30
45 years$2,424$1,427$805$439$234$25
46 years$2,344$1,361$756$406$212$22
47 years$2,268$1,299$710$375$193$19
48 years$2,196$1,240$667$346$175$16
49 years$2,126$1,184$627$320$159$14
50 years$2,060$1,131$590$296$145$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,110,000, adding $4,628 every year, while hoping to spend $50,493 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: 70/9/21 Blend
64$2,110,000$2,110,000$2,110,000$2,110,000
65$2,329,994$2,218,164$2,185,459$2,480,700
66$2,513,929$2,273,130$2,204,947$2,636,853
67$2,714,933$2,329,097$2,223,397$2,801,335
68$2,934,694$2,386,060$2,240,718$2,980,141
69$3,175,071$2,444,014$2,256,820$3,174,682
70$3,438,108$2,502,951$2,271,603$3,386,516
71$3,726,059$2,562,860$2,284,966$3,617,356
72$4,041,405$2,623,728$2,296,800$3,869,093
73$4,386,878$2,685,540$2,306,993$4,143,807
74$4,765,486$2,748,279$2,315,424$4,443,793
75$5,180,544$2,811,922$2,321,969$4,771,577
76$5,635,700$2,876,447$2,326,496$5,129,944
77$6,134,974$2,941,826$2,328,866$5,521,963
78$6,682,795$3,008,029$2,328,936$5,951,014
79$7,284,037$3,075,020$2,326,553$6,420,823
80$7,944,074$3,142,760$2,321,557$6,935,496
81$8,668,822$3,211,208$2,313,782$7,499,558
82$9,464,799$3,280,315$2,303,051$8,117,994
83$10,339,187$3,350,028$2,289,181$8,796,298
84$11,299,894$3,420,290$2,271,980$9,540,525
85$12,355,637$3,491,038$2,251,244$10,357,349
86$13,516,014$3,562,201$2,226,763$11,254,122
87$14,791,604$3,633,705$2,198,316$12,238,949
88$16,194,057$3,705,466$2,165,669$13,320,760
89$17,736,213$3,777,396$2,128,581$14,509,398
90$19,432,215$3,849,396$2,086,797$15,815,709
91$21,297,646$3,921,363$2,040,050$17,251,647
92$23,349,677$3,993,180$1,988,063$18,830,385
93$25,607,225$4,064,727$1,930,544$20,566,443
94$28,091,133$4,135,870$1,867,188$22,475,819
95$30,824,367$4,206,466$1,797,677$24,576,149
96$33,832,231$4,276,361$1,721,677$26,886,863
97$37,142,605$4,345,389$1,638,841$29,429,381
98$40,786,212$4,413,375$1,548,803$32,227,303
99$44,796,901$4,480,125$1,451,183$35,306,642
100$49,211,971$4,545,438$1,345,584$38,696,064