Can I retire at age 65 with 2,210,000?

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$182,500$180,874$179,288$177,740$176,229$170,793
2 years$90,346$88,664$87,033$85,452$83,918$78,489
3 years$59,633$57,943$56,316$54,750$53,241$47,989
4 years$44,279$42,594$40,984$39,444$37,972$32,937
5 years$35,069$33,394$31,805$30,297$28,866$24,062
6 years$28,931$27,269$25,703$24,229$22,841$18,272
7 years$24,548$22,900$21,359$19,920$18,575$14,242
8 years$21,263$19,630$18,115$16,710$15,410$11,309
9 years$18,709$17,091$15,602$14,233$12,978$9,104
10 years$16,667$15,065$13,602$12,269$11,058$7,405
11 years$14,997$13,412$11,975$10,678$9,510$6,073
12 years$13,607$12,038$10,628$9,366$8,241$5,013
13 years$12,432$10,878$9,495$8,269$7,186$4,159
14 years$11,425$9,888$8,531$7,340$6,300$3,465
15 years$10,553$9,033$7,703$6,546$5,547$2,896
16 years$9,791$8,288$6,984$5,861$4,902$2,428
17 years$9,119$7,633$6,355$5,266$4,347$2,040
18 years$8,523$7,053$5,801$4,746$3,865$1,717
19 years$7,990$6,537$5,311$4,288$3,445$1,448
20 years$7,511$6,074$4,874$3,884$3,077$1,222
21 years$7,078$5,658$4,483$3,525$2,753$1,033
22 years$6,685$5,281$4,132$3,205$2,468$874
23 years$6,327$4,940$3,815$2,919$2,216$740
24 years$5,999$4,628$3,528$2,662$1,991$627
25 years$5,698$4,343$3,268$2,431$1,792$531
26 years$5,420$4,082$3,031$2,223$1,614$451
27 years$5,163$3,842$2,814$2,035$1,455$382
28 years$4,926$3,620$2,616$1,864$1,313$325
29 years$4,705$3,415$2,435$1,710$1,186$276
30 years$4,499$3,225$2,268$1,569$1,071$234
31 years$4,306$3,049$2,114$1,441$969$199
32 years$4,126$2,885$1,973$1,324$876$169
33 years$3,958$2,732$1,842$1,218$793$143
34 years$3,799$2,589$1,721$1,120$718$122
35 years$3,650$2,456$1,609$1,031$650$104
36 years$3,510$2,331$1,505$950$589$88
37 years$3,377$2,214$1,409$875$534$75
38 years$3,252$2,104$1,319$807$484$64
39 years$3,134$2,001$1,236$744$439$54
40 years$3,021$1,903$1,158$686$398$46
41 years$2,915$1,812$1,086$633$361$39
42 years$2,814$1,726$1,019$584$328$33
43 years$2,717$1,644$956$539$297$28
44 years$2,626$1,567$898$498$270$24
45 years$2,539$1,494$843$460$245$20
46 years$2,455$1,426$792$425$223$17
47 years$2,376$1,361$744$392$202$15
48 years$2,300$1,299$699$363$184$13
49 years$2,227$1,240$657$335$167$11
50 years$2,158$1,185$618$310$151$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,210,000, adding $3,177 every year, while hoping to spend $54,868 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: 62/28/10 Blend
64$2,210,000$2,210,000$2,210,000$2,210,000
65$2,438,697$2,321,567$2,287,312$2,584,237
66$2,629,065$2,376,945$2,305,558$2,737,406
67$2,837,012$2,433,197$2,322,576$2,897,913
68$3,064,272$2,490,309$2,338,267$3,071,735
69$3,312,756$2,548,262$2,352,528$3,260,162
70$3,584,567$2,607,037$2,365,248$3,464,615
71$3,882,022$2,666,610$2,376,312$3,686,656
72$4,207,669$2,726,955$2,385,599$3,928,008
73$4,564,317$2,788,042$2,392,983$4,190,568
74$4,955,058$2,849,837$2,398,329$4,476,424
75$5,383,298$2,912,303$2,401,497$4,787,879
76$5,852,788$2,975,400$2,402,340$5,127,468
77$6,367,658$3,039,080$2,400,704$5,497,985
78$6,932,458$3,103,294$2,396,427$5,902,505
79$7,552,200$3,167,986$2,389,338$6,344,421
80$8,232,403$3,233,096$2,379,260$6,827,466
81$8,979,148$3,298,558$2,366,005$7,355,758
82$9,799,133$3,364,299$2,349,378$7,933,831
83$10,699,736$3,430,241$2,329,174$8,566,682
84$11,689,085$3,496,298$2,305,177$9,259,817
85$12,776,133$3,562,379$2,277,162$10,019,304
86$13,970,746$3,628,382$2,244,894$10,851,829
87$15,283,790$3,694,201$2,208,125$11,764,759
88$16,727,236$3,759,717$2,166,598$12,766,215
89$18,314,277$3,824,805$2,120,041$13,865,142
90$20,059,442$3,889,330$2,068,171$15,071,402
91$21,978,743$3,953,145$2,010,693$16,395,860
92$24,089,820$4,016,094$1,947,297$17,850,490
93$26,412,108$4,078,010$1,877,658$19,448,490
94$28,967,021$4,138,710$1,801,437$21,204,401
95$31,778,153$4,198,002$1,718,281$23,134,252
96$34,871,500$4,255,680$1,627,818$25,255,705
97$38,275,705$4,311,520$1,529,663$27,588,226
98$42,022,330$4,365,287$1,423,409$30,153,267
99$46,146,149$4,416,728$1,308,635$32,974,471
100$50,685,481$4,465,572$1,184,898$36,077,893