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

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$182,500$180,874$179,288$177,740$176,229$169,236
2 years$90,346$88,664$87,033$85,452$83,918$76,961
3 years$59,633$57,943$56,316$54,750$53,241$46,537
4 years$44,279$42,594$40,984$39,444$37,972$31,572
5 years$35,069$33,394$31,805$30,297$28,866$22,787
6 years$28,931$27,269$25,703$24,229$22,841$17,086
7 years$24,548$22,900$21,359$19,920$18,575$13,144
8 years$21,263$19,630$18,115$16,710$15,410$10,295
9 years$18,709$17,091$15,602$14,233$12,978$8,172
10 years$16,667$15,065$13,602$12,269$11,058$6,552
11 years$14,997$13,412$11,975$10,678$9,510$5,293
12 years$13,607$12,038$10,628$9,366$8,241$4,303
13 years$12,432$10,878$9,495$8,269$7,186$3,514
14 years$11,425$9,888$8,531$7,340$6,300$2,881
15 years$10,553$9,033$7,703$6,546$5,547$2,369
16 years$9,791$8,288$6,984$5,861$4,902$1,953
17 years$9,119$7,633$6,355$5,266$4,347$1,613
18 years$8,523$7,053$5,801$4,746$3,865$1,335
19 years$7,990$6,537$5,311$4,288$3,445$1,106
20 years$7,511$6,074$4,874$3,884$3,077$918
21 years$7,078$5,658$4,483$3,525$2,753$762
22 years$6,685$5,281$4,132$3,205$2,468$633
23 years$6,327$4,940$3,815$2,919$2,216$526
24 years$5,999$4,628$3,528$2,662$1,991$438
25 years$5,698$4,343$3,268$2,431$1,792$364
26 years$5,420$4,082$3,031$2,223$1,614$303
27 years$5,163$3,842$2,814$2,035$1,455$253
28 years$4,926$3,620$2,616$1,864$1,313$210
29 years$4,705$3,415$2,435$1,710$1,186$175
30 years$4,499$3,225$2,268$1,569$1,071$146
31 years$4,306$3,049$2,114$1,441$969$122
32 years$4,126$2,885$1,973$1,324$876$101
33 years$3,958$2,732$1,842$1,218$793$85
34 years$3,799$2,589$1,721$1,120$718$71
35 years$3,650$2,456$1,609$1,031$650$59
36 years$3,510$2,331$1,505$950$589$49
37 years$3,377$2,214$1,409$875$534$41
38 years$3,252$2,104$1,319$807$484$34
39 years$3,134$2,001$1,236$744$439$28
40 years$3,021$1,903$1,158$686$398$24
41 years$2,915$1,812$1,086$633$361$20
42 years$2,814$1,726$1,019$584$328$16
43 years$2,717$1,644$956$539$297$14
44 years$2,626$1,567$898$498$270$11
45 years$2,539$1,494$843$460$245$10
46 years$2,455$1,426$792$425$223$8
47 years$2,376$1,361$744$392$202$7
48 years$2,300$1,299$699$363$184$6
49 years$2,227$1,240$657$335$167$5
50 years$2,158$1,185$618$310$151$4

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 $3,232 every year, while hoping to spend $53,801 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: 52/21/27 Blend
64$2,210,000$2,210,000$2,210,000$2,210,000
65$2,438,754$2,321,624$2,287,369$2,546,972
66$2,630,263$2,378,140$2,306,752$2,678,957
67$2,839,503$2,435,621$2,324,981$2,816,739
68$3,068,225$2,494,060$2,341,961$2,965,553
69$3,318,358$2,553,443$2,357,591$3,126,471
70$3,592,026$2,613,757$2,371,766$3,300,679
71$3,891,567$2,674,985$2,384,374$3,489,482
72$4,219,555$2,737,108$2,395,299$3,694,318
73$4,578,826$2,800,103$2,404,418$3,916,774
74$4,972,503$2,863,944$2,411,602$4,158,596
75$5,404,023$2,928,602$2,416,716$4,421,712
76$5,877,175$2,994,045$2,419,617$4,708,246
77$6,396,129$3,060,236$2,420,157$5,020,537
78$6,965,480$3,127,134$2,418,178$5,361,167
79$7,590,289$3,194,693$2,413,517$5,732,978
80$8,276,130$3,262,864$2,406,001$6,139,108
81$9,029,143$3,331,593$2,395,450$6,583,012
82$9,856,092$3,400,817$2,381,674$7,068,500
83$10,764,428$3,470,472$2,364,475$7,599,772
84$11,762,360$3,540,485$2,343,644$8,181,459
85$12,858,929$3,610,777$2,318,965$8,818,663
86$14,064,098$3,681,263$2,290,208$9,517,011
87$15,388,840$3,751,850$2,257,135$10,282,705
88$16,845,249$3,822,437$2,219,495$11,122,582
89$18,446,643$3,892,915$2,177,028$12,044,178
90$20,207,700$3,963,167$2,129,457$13,055,802
91$22,144,588$4,033,065$2,076,497$14,166,611
92$24,275,124$4,102,474$2,017,848$15,386,701
93$26,618,936$4,171,244$1,953,195$16,727,199
94$29,197,651$4,239,218$1,882,210$18,200,374
95$32,035,098$4,306,226$1,804,551$19,819,746
96$35,157,531$4,372,085$1,719,857$21,600,221
97$38,593,881$4,436,599$1,627,754$23,558,228
98$42,376,023$4,499,558$1,527,849$25,711,879
99$46,539,078$4,560,737$1,419,733$28,081,137
100$51,121,747$4,619,896$1,302,977$30,688,004