Can I retire at age 65 with 2,270,000?

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 $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$187,454$185,785$184,156$182,566$181,013$173,762
2 years$92,799$91,071$89,396$87,772$86,197$78,983
3 years$61,252$59,516$57,845$56,236$54,687$47,737
4 years$45,481$43,750$42,096$40,515$39,003$32,370
5 years$36,021$34,301$32,669$31,119$29,649$23,350
6 years$29,716$28,009$26,401$24,887$23,461$17,499
7 years$25,215$23,522$21,939$20,461$19,080$13,453
8 years$21,840$20,163$18,606$17,164$15,829$10,532
9 years$19,217$17,555$16,026$14,620$13,330$8,354
10 years$17,120$15,474$13,972$12,602$11,358$6,694
11 years$15,405$13,776$12,300$10,968$9,768$5,405
12 years$13,977$12,364$10,916$9,620$8,465$4,390
13 years$12,769$11,174$9,753$8,493$7,381$3,583
14 years$11,735$10,157$8,763$7,539$6,471$2,935
15 years$10,840$9,278$7,912$6,724$5,697$2,412
16 years$10,057$8,513$7,173$6,020$5,035$1,987
17 years$9,367$7,840$6,527$5,409$4,465$1,640
18 years$8,755$7,244$5,959$4,875$3,970$1,356
19 years$8,207$6,714$5,455$4,405$3,538$1,123
20 years$7,715$6,239$5,006$3,989$3,160$931
21 years$7,270$5,811$4,605$3,621$2,828$772
22 years$6,867$5,425$4,244$3,292$2,535$641
23 years$6,499$5,074$3,919$2,998$2,276$533
24 years$6,162$4,754$3,624$2,734$2,045$443
25 years$5,852$4,461$3,357$2,497$1,841$368
26 years$5,567$4,193$3,113$2,283$1,658$306
27 years$5,304$3,946$2,891$2,090$1,495$255
28 years$5,059$3,718$2,687$1,915$1,349$212
29 years$4,832$3,508$2,501$1,756$1,218$177
30 years$4,621$3,313$2,329$1,612$1,100$147
31 years$4,423$3,131$2,172$1,480$995$122
32 years$4,238$2,963$2,026$1,360$900$102
33 years$4,065$2,806$1,892$1,251$814$85
34 years$3,903$2,659$1,768$1,151$737$71
35 years$3,750$2,522$1,653$1,059$668$59
36 years$3,605$2,394$1,546$976$605$49
37 years$3,469$2,274$1,447$899$548$41
38 years$3,341$2,161$1,355$829$497$34
39 years$3,219$2,055$1,270$764$451$28
40 years$3,103$1,955$1,190$705$409$24
41 years$2,994$1,861$1,116$650$371$20
42 years$2,890$1,772$1,047$600$337$16
43 years$2,791$1,689$982$554$306$14
44 years$2,697$1,610$922$511$277$11
45 years$2,607$1,535$866$472$252$10
46 years$2,522$1,464$813$436$229$8
47 years$2,440$1,397$764$403$208$7
48 years$2,362$1,334$718$372$189$5
49 years$2,288$1,274$675$344$171$5
50 years$2,216$1,217$634$318$156$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,270,000, adding $4,866 every year, while hoping to spend $46,854 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: 39/33/28 Blend
64$2,270,000$2,270,000$2,270,000$2,270,000
65$2,506,559$2,386,249$2,351,064$2,583,340
66$2,712,376$2,453,323$2,379,973$2,706,965
67$2,937,616$2,522,113$2,408,279$2,835,876
68$3,184,210$2,592,655$2,435,914$2,974,379
69$3,454,286$2,664,981$2,462,804$3,123,380
70$3,750,187$2,739,129$2,488,871$3,283,876
71$4,074,491$2,815,131$2,514,034$3,456,963
72$4,430,041$2,893,025$2,538,205$3,643,850
73$4,819,965$2,972,843$2,561,296$3,845,868
74$5,247,711$3,054,621$2,583,208$4,064,482
75$5,717,074$3,138,394$2,603,842$4,301,307
76$6,232,236$3,224,196$2,623,091$4,558,122
77$6,797,804$3,312,061$2,640,844$4,836,885
78$7,418,850$3,402,023$2,656,983$5,139,754
79$8,100,965$3,494,114$2,671,384$5,469,109
80$8,850,305$3,588,367$2,683,917$5,827,569
81$9,673,654$3,684,815$2,694,446$6,218,020
82$10,578,484$3,783,488$2,702,827$6,643,644
83$11,573,027$3,884,417$2,708,910$7,107,946
84$12,666,353$3,987,630$2,712,535$7,614,788
85$13,868,454$4,093,157$2,713,538$8,168,427
86$15,190,338$4,201,024$2,711,744$8,773,552
87$16,644,135$4,311,256$2,706,970$9,435,333
88$18,243,207$4,423,878$2,699,023$10,159,466
89$20,002,277$4,538,911$2,687,704$10,952,228
90$21,937,568$4,656,377$2,672,801$11,820,537
91$24,066,953$4,776,292$2,654,092$12,772,017
92$26,410,125$4,898,674$2,631,348$13,815,071
93$28,988,784$5,023,535$2,604,324$14,958,960
94$31,826,838$5,150,886$2,572,767$16,213,889
95$34,950,631$5,280,735$2,536,410$17,591,107
96$38,389,191$5,413,087$2,494,976$19,103,009
97$42,174,503$5,547,942$2,448,171$20,763,259
98$46,341,809$5,685,298$2,395,692$22,586,914
99$50,929,943$5,825,148$2,337,217$24,590,570
100$55,981,698$5,967,480$2,272,414$26,792,517