Can I retire at age 65 with 2,200,000?

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 $2,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$181,674$180,056$178,477$176,936$175,431$174,399
2 years$89,938$88,263$86,639$85,065$83,539$82,497
3 years$59,363$57,681$56,061$54,502$53,000$51,982
4 years$44,078$42,401$40,798$39,266$37,800$36,813
5 years$34,910$33,243$31,661$30,160$28,735$27,781
6 years$28,800$27,146$25,587$24,119$22,737$21,818
7 years$24,437$22,797$21,263$19,830$18,491$17,608
8 years$21,167$19,541$18,033$16,635$15,340$14,493
9 years$18,624$17,014$15,531$14,169$12,919$12,107
10 years$16,592$14,997$13,541$12,214$11,007$10,230
11 years$14,930$13,351$11,921$10,630$9,467$8,724
12 years$13,546$11,983$10,580$9,324$8,204$7,495
13 years$12,375$10,829$9,452$8,231$7,154$6,478
14 years$11,373$9,843$8,493$7,307$6,271$5,627
15 years$10,505$8,992$7,668$6,516$5,521$4,909
16 years$9,747$8,250$6,952$5,835$4,880$4,298
17 years$9,078$7,598$6,326$5,243$4,327$3,775
18 years$8,485$7,021$5,775$4,725$3,847$3,324
19 years$7,954$6,507$5,287$4,269$3,429$2,934
20 years$7,477$6,047$4,852$3,866$3,063$2,594
21 years$7,046$5,632$4,463$3,509$2,741$2,298
22 years$6,655$5,257$4,113$3,191$2,457$2,039
23 years$6,298$4,917$3,798$2,906$2,205$1,811
24 years$5,972$4,607$3,512$2,650$1,982$1,611
25 years$5,672$4,323$3,253$2,420$1,784$1,434
26 years$5,396$4,063$3,017$2,213$1,607$1,278
27 years$5,140$3,824$2,802$2,026$1,449$1,140
28 years$4,903$3,603$2,604$1,856$1,307$1,017
29 years$4,683$3,399$2,424$1,702$1,180$908
30 years$4,478$3,210$2,258$1,562$1,066$811
31 years$4,287$3,035$2,105$1,434$964$725
32 years$4,108$2,872$1,964$1,318$872$649
33 years$3,940$2,719$1,833$1,212$789$580
34 years$3,782$2,577$1,713$1,115$715$519
35 years$3,634$2,445$1,602$1,027$647$465
36 years$3,494$2,320$1,498$946$586$416
37 years$3,362$2,204$1,402$871$532$373
38 years$3,238$2,094$1,313$803$482$334
39 years$3,120$1,992$1,230$740$437$300
40 years$3,008$1,895$1,153$683$396$268
41 years$2,902$1,804$1,081$630$360$241
42 years$2,801$1,718$1,014$582$326$216
43 years$2,705$1,637$952$537$296$193
44 years$2,614$1,560$893$496$269$173
45 years$2,527$1,488$839$458$244$156
46 years$2,444$1,419$788$423$222$140
47 years$2,365$1,354$740$391$201$125
48 years$2,289$1,293$696$361$183$112
49 years$2,217$1,235$654$334$166$101
50 years$2,148$1,179$615$308$151$90

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,200,000, adding $6,144 every year, while hoping to spend $33,454 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: 77/8/15 Blend
64$2,200,000$2,200,000$2,200,000$2,200,000
65$2,430,738$2,314,138$2,280,038$2,609,689
66$2,643,078$2,391,935$2,320,824$2,806,388
67$2,875,956$2,472,424$2,361,856$3,017,208
68$3,131,431$2,555,700$2,403,105$3,247,473
69$3,411,771$2,641,864$2,444,544$3,499,113
70$3,719,476$2,731,019$2,486,140$3,774,250
71$4,057,297$2,823,274$2,527,860$4,075,226
72$4,428,266$2,918,740$2,569,668$4,404,615
73$4,835,724$3,017,532$2,611,527$4,765,258
74$5,283,349$3,119,773$2,653,395$5,160,278
75$5,775,196$3,225,587$2,695,228$5,593,120
76$6,315,728$3,335,103$2,736,980$6,067,576
77$6,909,866$3,448,456$2,778,603$6,587,825
78$7,563,028$3,565,787$2,820,042$7,158,468
79$8,281,187$3,687,240$2,861,243$7,784,576
80$9,070,919$3,812,966$2,902,146$8,471,734
81$9,939,474$3,943,122$2,942,689$9,226,097
82$10,894,835$4,077,870$2,982,804$10,054,442
83$11,945,802$4,217,380$3,022,422$10,964,240
84$13,102,068$4,361,825$3,061,467$11,963,719
85$14,374,313$4,511,389$3,099,860$13,061,945
86$15,774,306$4,666,260$3,137,519$14,268,907
87$17,315,014$4,826,635$3,174,354$15,595,610
88$19,010,723$4,992,718$3,210,273$17,054,181
89$20,877,176$5,164,721$3,245,176$18,657,981
90$22,931,719$5,342,864$3,278,961$20,421,730
91$25,193,466$5,527,375$3,311,517$22,361,650
92$27,683,476$5,718,493$3,342,730$24,495,614
93$30,424,956$5,916,464$3,372,476$26,843,314
94$33,443,476$6,121,546$3,400,629$29,426,451
95$36,767,213$6,334,004$3,427,053$32,268,934
96$40,427,216$6,554,117$3,451,606$35,397,112
97$44,457,695$6,782,172$3,474,138$38,840,015
98$48,896,351$7,018,470$3,494,493$42,629,635
99$53,784,725$7,263,321$3,512,505$46,801,220
100$59,168,593$7,517,050$3,528,000$51,393,616