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%18.9%
1 years$182,500$180,874$179,288$177,740$176,229$169,908
2 years$90,346$88,664$87,033$85,452$83,918$77,619
3 years$59,633$57,943$56,316$54,750$53,241$47,161
4 years$44,279$42,594$40,984$39,444$37,972$32,157
5 years$35,069$33,394$31,805$30,297$28,866$23,332
6 years$28,931$27,269$25,703$24,229$22,841$17,591
7 years$24,548$22,900$21,359$19,920$18,575$13,610
8 years$21,263$19,630$18,115$16,710$15,410$10,724
9 years$18,709$17,091$15,602$14,233$12,978$8,565
10 years$16,667$15,065$13,602$12,269$11,058$6,910
11 years$14,997$13,412$11,975$10,678$9,510$5,620
12 years$13,607$12,038$10,628$9,366$8,241$4,598
13 years$12,432$10,878$9,495$8,269$7,186$3,781
14 years$11,425$9,888$8,531$7,340$6,300$3,122
15 years$10,553$9,033$7,703$6,546$5,547$2,586
16 years$9,791$8,288$6,984$5,861$4,902$2,147
17 years$9,119$7,633$6,355$5,266$4,347$1,787
18 years$8,523$7,053$5,801$4,746$3,865$1,490
19 years$7,990$6,537$5,311$4,288$3,445$1,244
20 years$7,511$6,074$4,874$3,884$3,077$1,040
21 years$7,078$5,658$4,483$3,525$2,753$870
22 years$6,685$5,281$4,132$3,205$2,468$728
23 years$6,327$4,940$3,815$2,919$2,216$610
24 years$5,999$4,628$3,528$2,662$1,991$512
25 years$5,698$4,343$3,268$2,431$1,792$429
26 years$5,420$4,082$3,031$2,223$1,614$360
27 years$5,163$3,842$2,814$2,035$1,455$303
28 years$4,926$3,620$2,616$1,864$1,313$254
29 years$4,705$3,415$2,435$1,710$1,186$213
30 years$4,499$3,225$2,268$1,569$1,071$179
31 years$4,306$3,049$2,114$1,441$969$151
32 years$4,126$2,885$1,973$1,324$876$127
33 years$3,958$2,732$1,842$1,218$793$106
34 years$3,799$2,589$1,721$1,120$718$89
35 years$3,650$2,456$1,609$1,031$650$75
36 years$3,510$2,331$1,505$950$589$63
37 years$3,377$2,214$1,409$875$534$53
38 years$3,252$2,104$1,319$807$484$45
39 years$3,134$2,001$1,236$744$439$38
40 years$3,021$1,903$1,158$686$398$32
41 years$2,915$1,812$1,086$633$361$27
42 years$2,814$1,726$1,019$584$328$22
43 years$2,717$1,644$956$539$297$19
44 years$2,626$1,567$898$498$270$16
45 years$2,539$1,494$843$460$245$13
46 years$2,455$1,426$792$425$223$11
47 years$2,376$1,361$744$392$202$9
48 years$2,300$1,299$699$363$184$8
49 years$2,227$1,240$657$335$167$7
50 years$2,158$1,185$618$310$151$6

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 $2,780 every year, while hoping to spend $32,201 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: 55/23/22 Blend
64$2,210,000$2,210,000$2,210,000$2,210,000
65$2,438,288$2,321,158$2,286,903$2,557,630
66$2,652,731$2,400,633$2,329,252$2,719,184
67$2,887,969$2,482,923$2,371,941$2,891,402
68$3,146,088$2,568,132$2,414,947$3,078,268
69$3,429,386$2,656,368$2,458,246$3,281,195
70$3,740,397$2,747,743$2,501,810$3,501,738
71$4,081,909$2,842,374$2,545,612$3,741,610
72$4,456,994$2,940,381$2,589,621$4,002,697
73$4,869,039$3,041,891$2,633,804$4,287,071
74$5,321,771$3,147,034$2,678,127$4,597,018
75$5,819,299$3,255,946$2,722,551$4,935,051
76$6,366,148$3,368,767$2,767,037$5,303,938
77$6,967,303$3,485,645$2,811,541$5,706,726
78$7,628,259$3,606,733$2,856,019$6,146,772
79$8,355,066$3,732,187$2,900,420$6,627,771
80$9,154,392$3,862,174$2,944,694$7,153,792
81$10,033,584$3,996,864$2,988,784$7,729,316
82$11,000,734$4,136,435$3,032,634$8,359,279
83$12,064,761$4,281,073$3,076,179$9,049,116
84$13,235,491$4,430,970$3,119,355$9,804,814
85$14,523,749$4,586,325$3,162,091$10,632,967
86$15,941,463$4,747,347$3,204,313$11,540,840
87$17,501,778$4,914,252$3,245,943$12,536,431
88$19,219,175$5,087,266$3,286,898$13,628,555
89$21,109,611$5,266,622$3,327,089$14,826,919
90$23,190,669$5,452,565$3,366,424$16,142,219
91$25,481,723$5,645,346$3,404,805$17,586,236
92$28,004,121$5,845,231$3,442,129$19,171,949
93$30,781,387$6,052,492$3,478,285$20,913,657
94$33,839,440$6,267,416$3,513,160$22,827,114
95$37,206,843$6,490,299$3,546,631$24,929,674
96$40,915,068$6,721,451$3,578,570$27,240,459
97$44,998,795$6,961,193$3,608,842$29,780,537
98$49,496,240$7,209,859$3,637,306$32,573,117
99$54,449,513$7,467,798$3,663,812$35,643,773
100$59,905,016$7,735,373$3,688,203$39,020,681