Can I retire at age 65 with 2,510,000?

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$207,273$205,427$203,626$201,868$200,151$196,593
2 years$102,611$100,700$98,848$97,052$95,310$91,737
3 years$67,728$65,808$63,961$62,182$60,469$56,992
4 years$50,289$48,376$46,547$44,799$43,127$39,774
5 years$39,829$37,927$36,122$34,410$32,784$29,565
6 years$32,858$30,971$29,192$27,518$25,941$22,859
7 years$27,881$26,009$24,259$22,624$21,097$18,152
8 years$24,149$22,295$20,574$18,979$17,502$14,694
9 years$21,249$19,411$17,720$16,166$14,739$12,067
10 years$18,930$17,110$15,449$13,935$12,559$10,019
11 years$17,033$15,232$13,601$12,127$10,801$8,391
12 years$15,454$13,672$12,070$10,637$9,360$7,077
13 years$14,119$12,355$10,784$9,391$8,162$6,003
14 years$12,976$11,230$9,690$8,337$7,155$5,115
15 years$11,986$10,259$8,748$7,435$6,300$4,376
16 years$11,120$9,413$7,932$6,657$5,568$3,755
17 years$10,357$8,669$7,217$5,981$4,937$3,231
18 years$9,680$8,010$6,589$5,390$4,389$2,787
19 years$9,075$7,424$6,032$4,871$3,912$2,408
20 years$8,531$6,899$5,535$4,411$3,495$2,085
21 years$8,039$6,426$5,092$4,003$3,127$1,807
22 years$7,593$5,998$4,693$3,640$2,803$1,568
23 years$7,186$5,610$4,333$3,315$2,516$1,363
24 years$6,813$5,256$4,007$3,024$2,262$1,185
25 years$6,471$4,933$3,711$2,761$2,035$1,031
26 years$6,156$4,636$3,442$2,525$1,833$898
27 years$5,864$4,363$3,196$2,311$1,653$783
28 years$5,594$4,111$2,971$2,117$1,491$682
29 years$5,343$3,878$2,765$1,942$1,347$595
30 years$5,109$3,663$2,576$1,782$1,217$519
31 years$4,891$3,463$2,401$1,637$1,100$453
32 years$4,687$3,276$2,240$1,504$995$396
33 years$4,495$3,103$2,092$1,383$901$346
34 years$4,315$2,941$1,954$1,273$815$302
35 years$4,146$2,789$1,827$1,171$738$264
36 years$3,986$2,647$1,709$1,079$669$231
37 years$3,836$2,514$1,600$994$606$202
38 years$3,694$2,390$1,498$916$550$176
39 years$3,559$2,272$1,404$845$499$154
40 years$3,432$2,162$1,316$779$452$135
41 years$3,311$2,058$1,234$719$410$118
42 years$3,196$1,960$1,157$664$372$103
43 years$3,086$1,867$1,086$612$338$90
44 years$2,982$1,780$1,019$566$307$79
45 years$2,883$1,697$957$522$278$69
46 years$2,789$1,619$899$482$253$60
47 years$2,698$1,545$845$446$230$53
48 years$2,612$1,475$794$412$208$46
49 years$2,530$1,409$746$381$189$40
50 years$2,451$1,346$701$352$172$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,510,000, adding $5,717 every year, while hoping to spend $20,568 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: 32/39/29 Blend
64$2,510,000$2,510,000$2,510,000$2,510,000
65$2,771,917$2,638,887$2,599,982$2,835,975
66$3,032,768$2,746,308$2,665,197$2,993,162
67$3,319,537$2,858,304$2,731,908$3,160,144
68$3,634,845$2,975,076$2,800,142$3,339,601
69$3,981,582$3,096,837$2,869,929$3,532,649
70$4,362,928$3,223,807$2,941,297$3,740,508
71$4,782,392$3,356,219$3,014,275$3,964,520
72$5,243,836$3,494,313$3,088,893$4,206,153
73$5,751,517$3,638,344$3,165,181$4,467,021
74$6,310,125$3,788,576$3,243,168$4,748,897
75$6,924,827$3,945,286$3,322,883$5,053,723
76$7,601,318$4,108,764$3,404,358$5,383,636
77$8,345,870$4,279,311$3,487,623$5,740,982
78$9,165,398$4,457,246$3,572,707$6,128,335
79$10,067,517$4,642,900$3,659,641$6,548,528
80$11,060,621$4,836,619$3,748,456$7,004,671
81$12,153,957$5,038,766$3,839,182$7,500,183
82$13,357,715$5,249,721$3,931,849$8,038,822
83$14,683,125$5,469,880$4,026,489$8,624,718
84$16,142,559$5,699,659$4,123,131$9,262,414
85$17,749,650$5,939,492$4,221,806$9,956,906
86$19,519,421$6,189,835$4,322,544$10,713,684
87$21,468,428$6,451,162$4,425,375$11,538,793
88$23,614,911$6,723,972$4,530,329$12,438,875
89$25,978,971$7,008,787$4,637,434$13,421,243
90$28,582,759$7,306,150$4,746,721$14,493,938
91$31,450,682$7,616,633$4,858,218$15,665,811
92$34,609,637$7,940,833$4,971,953$16,946,598
93$38,089,261$8,279,374$5,087,954$18,347,016
94$41,922,214$8,632,912$5,206,249$19,878,856
95$46,144,485$9,002,130$5,326,864$21,555,100
96$50,795,733$9,387,745$5,449,825$23,390,033
97$55,919,661$9,790,508$5,575,157$25,399,380
98$61,564,426$10,211,203$5,702,885$27,600,453
99$67,783,098$10,650,652$5,833,031$30,012,310
100$74,634,156$11,109,716$5,965,620$32,655,932