Can I retire at age 65 with 2,500,000?

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 $2,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$206,448$204,609$202,815$201,063$199,354$195,328
2 years$102,202$100,298$98,454$96,665$94,930$90,893
3 years$67,458$65,546$63,706$61,934$60,228$56,304
4 years$50,089$48,183$46,362$44,620$42,955$39,174
5 years$39,671$37,776$35,979$34,273$32,654$29,028
6 years$32,727$30,847$29,076$27,408$25,838$22,370
7 years$27,770$25,905$24,162$22,534$21,013$17,705
8 years$24,053$22,206$20,492$18,903$17,432$14,282
9 years$21,164$19,334$17,649$16,101$14,680$11,686
10 years$18,854$17,042$15,387$13,879$12,509$9,667
11 years$16,965$15,172$13,547$12,079$10,758$8,066
12 years$15,393$13,617$12,022$10,595$9,322$6,777
13 years$14,063$12,306$10,741$9,354$8,129$5,725
14 years$12,924$11,186$9,651$8,303$7,126$4,859
15 years$11,938$10,218$8,713$7,405$6,274$4,139
16 years$11,076$9,375$7,900$6,630$5,545$3,537
17 years$10,316$8,634$7,189$5,957$4,917$3,031
18 years$9,642$7,978$6,562$5,369$4,372$2,602
19 years$9,039$7,394$6,008$4,851$3,897$2,239
20 years$8,497$6,871$5,513$4,394$3,481$1,929
21 years$8,007$6,400$5,071$3,988$3,115$1,665
22 years$7,562$5,974$4,674$3,626$2,792$1,438
23 years$7,157$5,588$4,316$3,302$2,506$1,244
24 years$6,786$5,235$3,991$3,012$2,253$1,077
25 years$6,445$4,913$3,697$2,750$2,027$932
26 years$6,131$4,617$3,428$2,515$1,826$808
27 years$5,841$4,346$3,184$2,302$1,646$701
28 years$5,572$4,095$2,960$2,109$1,485$608
29 years$5,322$3,863$2,754$1,934$1,341$528
30 years$5,089$3,648$2,565$1,775$1,212$458
31 years$4,871$3,449$2,392$1,630$1,096$398
32 years$4,668$3,263$2,231$1,498$991$346
33 years$4,477$3,090$2,084$1,378$897$301
34 years$4,298$2,929$1,947$1,268$812$261
35 years$4,129$2,778$1,820$1,167$736$227
36 years$3,971$2,637$1,703$1,075$666$197
37 years$3,821$2,504$1,594$990$604$172
38 years$3,679$2,380$1,492$913$548$149
39 years$3,545$2,263$1,398$841$497$130
40 years$3,418$2,153$1,310$776$450$113
41 years$3,297$2,050$1,229$716$409$98
42 years$3,183$1,952$1,153$661$371$85
43 years$3,074$1,860$1,082$610$337$74
44 years$2,970$1,773$1,015$563$305$65
45 years$2,872$1,691$953$520$277$56
46 years$2,777$1,613$895$481$252$49
47 years$2,688$1,539$841$444$229$43
48 years$2,602$1,469$791$410$208$37
49 years$2,519$1,403$743$379$189$32
50 years$2,441$1,340$699$350$171$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,500,000, adding $5,167 every year, while hoping to spend $28,424 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: 61/13/26 Blend
64$2,500,000$2,500,000$2,500,000$2,500,000
65$2,760,330$2,627,830$2,589,080$2,909,206
66$3,011,640$2,726,351$2,645,571$3,109,507
67$3,287,632$2,828,746$2,703,002$3,324,503
68$3,590,793$2,935,176$2,761,374$3,558,569
69$3,923,861$3,045,808$2,820,689$3,813,568
70$4,289,858$3,160,815$2,880,944$4,091,554
71$4,692,108$3,280,380$2,942,140$4,394,786
72$5,134,274$3,404,690$3,004,273$4,725,754
73$5,620,394$3,533,944$3,067,341$5,087,195
74$6,154,915$3,668,348$3,131,337$5,482,127
75$6,742,736$3,808,116$3,196,257$5,913,872
76$7,389,256$3,953,474$3,262,092$6,386,085
77$8,100,421$4,104,656$3,328,833$6,902,796
78$8,882,785$4,261,905$3,396,470$7,468,439
79$9,743,568$4,425,477$3,464,991$8,087,900
80$10,690,725$4,595,639$3,534,381$8,766,559
81$11,733,022$4,772,668$3,604,626$9,510,342
82$12,880,116$4,956,855$3,675,706$10,325,777
83$14,142,649$5,148,502$3,747,604$11,220,052
84$15,532,346$5,347,925$3,820,295$12,201,087
85$17,062,128$5,555,456$3,893,757$13,277,607
86$18,746,229$5,771,438$3,967,963$14,459,220
87$20,600,338$5,996,232$4,042,883$15,756,512
88$22,641,739$6,230,213$4,118,486$17,181,147
89$24,889,478$6,473,775$4,194,737$18,745,972
90$27,364,542$6,727,327$4,271,598$20,465,140
91$30,090,057$6,991,298$4,349,028$22,354,245
92$33,091,506$7,266,135$4,426,984$24,430,466
93$36,396,969$7,552,305$4,505,417$26,712,730
94$40,037,389$7,850,297$4,584,278$29,221,891
95$44,046,861$8,160,620$4,663,509$31,980,923
96$48,462,957$8,483,807$4,743,054$35,015,140
97$53,327,080$8,820,415$4,822,847$38,352,431
98$58,684,852$9,171,025$4,902,822$42,023,528
99$64,586,546$9,536,245$4,982,906$46,062,288
100$71,087,563$9,916,709$5,063,022$50,506,018