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%19.2%
1 years$185,803$184,148$182,533$180,957$179,418$172,777
2 years$91,982$90,269$88,608$86,999$85,437$78,822
3 years$60,712$58,991$57,335$55,741$54,205$47,823
4 years$45,080$43,365$41,726$40,158$38,659$32,559
5 years$35,704$33,999$32,381$30,845$29,388$23,586
6 years$29,455$27,762$26,168$24,667$23,254$17,754
7 years$24,993$23,315$21,746$20,280$18,912$13,712
8 years$21,648$19,985$18,442$17,013$15,689$10,785
9 years$19,048$17,401$15,884$14,491$13,212$8,598
10 years$16,969$15,338$13,848$12,491$11,258$6,924
11 years$15,269$13,654$12,192$10,871$9,682$5,620
12 years$13,853$12,255$10,820$9,536$8,390$4,589
13 years$12,657$11,075$9,667$8,418$7,316$3,766
14 years$11,632$10,067$8,686$7,473$6,414$3,103
15 years$10,744$9,197$7,842$6,665$5,647$2,564
16 years$9,968$8,438$7,110$5,967$4,991$2,125
17 years$9,285$7,771$6,470$5,362$4,425$1,764
18 years$8,677$7,181$5,906$4,832$3,935$1,468
19 years$8,135$6,655$5,407$4,366$3,507$1,223
20 years$7,647$6,184$4,962$3,954$3,133$1,020
21 years$7,206$5,760$4,564$3,589$2,803$851
22 years$6,806$5,377$4,207$3,263$2,513$711
23 years$6,441$5,029$3,884$2,972$2,256$594
24 years$6,108$4,712$3,592$2,710$2,027$497
25 years$5,801$4,422$3,327$2,475$1,824$416
26 years$5,518$4,156$3,086$2,263$1,643$348
27 years$5,257$3,911$2,865$2,072$1,482$292
28 years$5,015$3,685$2,664$1,898$1,337$244
29 years$4,790$3,477$2,479$1,741$1,207$205
30 years$4,580$3,283$2,309$1,597$1,091$172
31 years$4,384$3,104$2,152$1,467$986$144
32 years$4,201$2,937$2,008$1,348$892$121
33 years$4,029$2,781$1,875$1,240$807$101
34 years$3,868$2,636$1,752$1,141$731$85
35 years$3,716$2,500$1,638$1,050$662$71
36 years$3,574$2,373$1,532$967$600$60
37 years$3,439$2,254$1,434$891$544$50
38 years$3,311$2,142$1,343$821$493$42
39 years$3,190$2,037$1,258$757$447$35
40 years$3,076$1,938$1,179$699$405$30
41 years$2,968$1,845$1,106$644$368$25
42 years$2,865$1,757$1,037$595$334$21
43 years$2,767$1,674$973$549$303$17
44 years$2,673$1,596$914$507$275$15
45 years$2,584$1,522$858$468$250$12
46 years$2,500$1,451$806$432$227$10
47 years$2,419$1,385$757$400$206$9
48 years$2,341$1,322$711$369$187$7
49 years$2,268$1,263$669$341$170$6
50 years$2,197$1,206$629$315$154$5

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 $3,710 every year, while hoping to spend $42,095 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: 70/14/16 Blend
64$2,250,000$2,250,000$2,250,000$2,250,000
65$2,483,327$2,364,077$2,329,202$2,647,663
66$2,691,837$2,435,128$2,362,441$2,828,505
67$2,920,205$2,508,250$2,395,384$3,020,972
68$3,170,411$2,583,499$2,427,974$3,230,543
69$3,444,637$2,660,934$2,460,155$3,458,900
70$3,745,286$2,740,616$2,491,866$3,707,895
71$4,075,003$2,822,604$2,523,042$3,979,569
72$4,436,705$2,906,963$2,553,615$4,276,167
73$4,833,600$2,993,755$2,583,512$4,600,165
74$5,269,226$3,083,048$2,612,658$4,954,286
75$5,747,477$3,174,908$2,640,973$5,341,533
76$6,272,645$3,269,403$2,668,371$5,765,212
77$6,849,456$3,366,606$2,694,763$6,228,964
78$7,483,118$3,466,586$2,720,054$6,736,802
79$8,179,366$3,569,419$2,744,146$7,293,145
80$8,944,520$3,675,179$2,766,933$7,902,861
81$9,785,542$3,783,944$2,788,306$8,571,315
82$10,710,101$3,895,791$2,808,149$9,304,415
83$11,726,648$4,010,801$2,826,338$10,108,671
84$12,844,492$4,129,057$2,842,747$10,991,257
85$14,073,891$4,250,642$2,857,240$11,960,074
86$15,426,146$4,375,641$2,869,675$13,023,829
87$16,913,707$4,504,141$2,879,903$14,192,116
88$18,550,293$4,636,232$2,887,768$15,475,504
89$20,351,020$4,772,005$2,893,105$16,885,640
90$22,332,541$4,911,550$2,895,742$18,435,356
91$24,513,208$5,054,964$2,895,497$20,138,793
92$26,913,240$5,202,342$2,892,180$22,011,528
93$29,554,915$5,353,781$2,885,593$24,070,732
94$32,462,781$5,509,381$2,875,525$26,335,319
95$35,663,887$5,669,243$2,861,758$28,826,134
96$39,188,038$5,833,471$2,844,061$31,566,146
97$43,068,075$6,002,168$2,822,195$34,580,665
98$47,340,186$6,175,442$2,795,905$37,897,580
99$52,044,247$6,353,399$2,764,929$41,547,623
100$57,224,195$6,536,151$2,728,989$45,564,659