Can I retire at age 65 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$185,803$184,148$182,533$180,957$179,418$173,675
2 years$91,982$90,269$88,608$86,999$85,437$79,704
3 years$60,712$58,991$57,335$55,741$54,205$48,661
4 years$45,080$43,365$41,726$40,158$38,659$33,348
5 years$35,704$33,999$32,381$30,845$29,388$24,324
6 years$29,455$27,762$26,168$24,667$23,254$18,440
7 years$24,993$23,315$21,746$20,280$18,912$14,348
8 years$21,648$19,985$18,442$17,013$15,689$11,373
9 years$19,048$17,401$15,884$14,491$13,212$9,139
10 years$16,969$15,338$13,848$12,491$11,258$7,420
11 years$15,269$13,654$12,192$10,871$9,682$6,074
12 years$13,853$12,255$10,820$9,536$8,390$5,003
13 years$12,657$11,075$9,667$8,418$7,316$4,142
14 years$11,632$10,067$8,686$7,473$6,414$3,444
15 years$10,744$9,197$7,842$6,665$5,647$2,873
16 years$9,968$8,438$7,110$5,967$4,991$2,403
17 years$9,285$7,771$6,470$5,362$4,425$2,014
18 years$8,677$7,181$5,906$4,832$3,935$1,692
19 years$8,135$6,655$5,407$4,366$3,507$1,423
20 years$7,647$6,184$4,962$3,954$3,133$1,199
21 years$7,206$5,760$4,564$3,589$2,803$1,011
22 years$6,806$5,377$4,207$3,263$2,513$853
23 years$6,441$5,029$3,884$2,972$2,256$721
24 years$6,108$4,712$3,592$2,710$2,027$609
25 years$5,801$4,422$3,327$2,475$1,824$515
26 years$5,518$4,156$3,086$2,263$1,643$436
27 years$5,257$3,911$2,865$2,072$1,482$369
28 years$5,015$3,685$2,664$1,898$1,337$312
29 years$4,790$3,477$2,479$1,741$1,207$264
30 years$4,580$3,283$2,309$1,597$1,091$224
31 years$4,384$3,104$2,152$1,467$986$190
32 years$4,201$2,937$2,008$1,348$892$161
33 years$4,029$2,781$1,875$1,240$807$136
34 years$3,868$2,636$1,752$1,141$731$116
35 years$3,716$2,500$1,638$1,050$662$98
36 years$3,574$2,373$1,532$967$600$83
37 years$3,439$2,254$1,434$891$544$70
38 years$3,311$2,142$1,343$821$493$60
39 years$3,190$2,037$1,258$757$447$51
40 years$3,076$1,938$1,179$699$405$43
41 years$2,968$1,845$1,106$644$368$36
42 years$2,865$1,757$1,037$595$334$31
43 years$2,767$1,674$973$549$303$26
44 years$2,673$1,596$914$507$275$22
45 years$2,584$1,522$858$468$250$19
46 years$2,500$1,451$806$432$227$16
47 years$2,419$1,385$757$400$206$14
48 years$2,341$1,322$711$369$187$11
49 years$2,268$1,263$669$341$170$10
50 years$2,197$1,206$629$315$154$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,250,000, adding $3,403 every year, while hoping to spend $57,627 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: 59/14/27 Blend
64$2,250,000$2,250,000$2,250,000$2,250,000
65$2,483,010$2,363,760$2,328,885$2,611,142
66$2,674,963$2,418,270$2,345,588$2,753,544
67$2,884,563$2,473,519$2,360,919$2,902,361
68$3,113,550$2,529,483$2,374,772$3,063,479
69$3,363,838$2,586,134$2,387,033$3,238,110
70$3,637,537$2,643,442$2,397,586$3,427,585
71$3,936,966$2,701,371$2,406,305$3,633,375
72$4,264,682$2,759,883$2,413,061$3,857,099
73$4,623,498$2,818,936$2,417,718$4,100,543
74$5,016,513$2,878,483$2,420,130$4,365,675
75$5,447,141$2,938,472$2,420,148$4,654,664
76$5,919,140$2,998,847$2,417,613$4,969,901
77$6,436,649$3,059,547$2,412,360$5,314,024
78$7,004,227$3,120,505$2,404,214$5,689,938
79$7,626,895$3,181,647$2,392,993$6,100,846
80$8,310,186$3,242,895$2,378,505$6,550,280
81$9,060,190$3,304,163$2,360,550$7,042,132
82$9,883,620$3,365,357$2,338,919$7,580,694
83$10,787,867$3,426,377$2,313,390$8,170,697
84$11,781,075$3,487,115$2,283,734$8,817,354
85$12,872,214$3,547,453$2,249,710$9,526,415
86$14,071,169$3,607,267$2,211,063$10,304,216
87$15,388,825$3,666,420$2,167,531$11,157,743
88$16,837,178$3,724,767$2,118,836$12,094,696
89$18,429,441$3,782,152$2,064,688$13,123,562
90$20,180,174$3,838,407$2,004,785$14,253,699
91$22,105,416$3,893,353$1,938,809$15,495,422
92$24,222,838$3,946,798$1,866,430$16,860,098
93$26,551,912$3,998,536$1,787,299$18,360,262
94$29,114,090$4,048,346$1,701,056$20,009,727
95$31,933,006$4,095,995$1,607,321$21,823,722
96$35,034,705$4,141,230$1,505,698$23,819,032
97$38,447,879$4,183,785$1,395,774$26,014,158
98$42,204,146$4,223,374$1,277,115$28,429,495
99$46,338,341$4,259,691$1,149,271$31,087,522
100$50,888,850$4,292,414$1,011,769$34,013,017