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%16%
1 years$207,273$205,427$203,626$201,868$200,151$195,233
2 years$102,611$100,700$98,848$97,052$95,310$90,386
3 years$67,728$65,808$63,961$62,182$60,469$55,692
4 years$50,289$48,376$46,547$44,799$43,127$38,534
5 years$39,829$37,927$36,122$34,410$32,784$28,389
6 years$32,858$30,971$29,192$27,518$25,941$21,747
7 years$27,881$26,009$24,259$22,624$21,097$17,105
8 years$24,149$22,295$20,574$18,979$17,502$13,710
9 years$21,249$19,411$17,720$16,166$14,739$11,144
10 years$18,930$17,110$15,449$13,935$12,559$9,157
11 years$17,033$15,232$13,601$12,127$10,801$7,587
12 years$15,454$13,672$12,070$10,637$9,360$6,328
13 years$14,119$12,355$10,784$9,391$8,162$5,307
14 years$12,976$11,230$9,690$8,337$7,155$4,470
15 years$11,986$10,259$8,748$7,435$6,300$3,779
16 years$11,120$9,413$7,932$6,657$5,568$3,204
17 years$10,357$8,669$7,217$5,981$4,937$2,724
18 years$9,680$8,010$6,589$5,390$4,389$2,320
19 years$9,075$7,424$6,032$4,871$3,912$1,980
20 years$8,531$6,899$5,535$4,411$3,495$1,692
21 years$8,039$6,426$5,092$4,003$3,127$1,448
22 years$7,593$5,998$4,693$3,640$2,803$1,240
23 years$7,186$5,610$4,333$3,315$2,516$1,063
24 years$6,813$5,256$4,007$3,024$2,262$912
25 years$6,471$4,933$3,711$2,761$2,035$783
26 years$6,156$4,636$3,442$2,525$1,833$673
27 years$5,864$4,363$3,196$2,311$1,653$578
28 years$5,594$4,111$2,971$2,117$1,491$497
29 years$5,343$3,878$2,765$1,942$1,347$428
30 years$5,109$3,663$2,576$1,782$1,217$368
31 years$4,891$3,463$2,401$1,637$1,100$317
32 years$4,687$3,276$2,240$1,504$995$273
33 years$4,495$3,103$2,092$1,383$901$235
34 years$4,315$2,941$1,954$1,273$815$202
35 years$4,146$2,789$1,827$1,171$738$174
36 years$3,986$2,647$1,709$1,079$669$150
37 years$3,836$2,514$1,600$994$606$129
38 years$3,694$2,390$1,498$916$550$111
39 years$3,559$2,272$1,404$845$499$96
40 years$3,432$2,162$1,316$779$452$83
41 years$3,311$2,058$1,234$719$410$71
42 years$3,196$1,960$1,157$664$372$61
43 years$3,086$1,867$1,086$612$338$53
44 years$2,982$1,780$1,019$566$307$46
45 years$2,883$1,697$957$522$278$39
46 years$2,789$1,619$899$482$253$34
47 years$2,698$1,545$845$446$230$29
48 years$2,612$1,475$794$412$208$25
49 years$2,530$1,409$746$381$189$22
50 years$2,451$1,346$701$352$172$19

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 $3,383 every year, while hoping to spend $51,970 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: 49/40/11 Blend
64$2,510,000$2,510,000$2,510,000$2,510,000
65$2,769,510$2,636,480$2,597,575$2,896,796
66$2,996,704$2,710,371$2,629,298$3,058,395
67$3,245,330$2,786,142$2,660,342$3,228,098
68$3,517,520$2,863,829$2,690,629$3,411,248
69$3,815,619$2,943,469$2,720,078$3,609,116
70$4,142,213$3,025,100$2,748,601$3,823,105
71$4,500,148$3,108,759$2,776,108$4,054,758
72$4,892,558$3,194,483$2,802,503$4,305,771
73$5,322,896$3,282,310$2,827,684$4,578,013
74$5,794,964$3,372,276$2,851,544$4,873,542
75$6,312,951$3,464,418$2,873,971$5,194,620
76$6,881,470$3,558,772$2,894,847$5,543,742
77$7,505,603$3,655,375$2,914,047$5,923,652
78$8,190,947$3,754,261$2,931,440$6,337,374
79$8,943,669$3,855,465$2,946,889$6,788,236
80$9,770,562$3,959,022$2,960,249$7,279,904
81$10,679,110$4,064,964$2,971,367$7,816,415
82$11,677,555$4,173,323$2,980,084$8,402,218
83$12,774,981$4,284,132$2,986,233$9,042,210
84$13,981,394$4,397,418$2,989,636$9,741,786
85$15,307,816$4,513,212$2,990,109$10,506,892
86$16,766,394$4,631,540$2,987,458$11,344,074
87$18,370,508$4,752,427$2,981,479$12,260,545
88$20,134,900$4,875,897$2,971,960$13,264,252
89$22,075,815$5,001,970$2,958,675$14,363,950
90$24,211,148$5,130,667$2,941,391$15,569,284
91$26,560,618$5,262,003$2,919,861$16,890,880
92$29,145,953$5,395,993$2,893,827$18,340,449
93$31,991,090$5,532,647$2,863,021$19,930,889
94$35,122,407$5,671,972$2,827,158$21,676,417
95$38,568,968$5,813,974$2,785,943$23,592,693
96$42,362,796$5,958,652$2,739,066$25,696,976
97$46,539,178$6,106,003$2,686,201$28,008,281
98$51,136,996$6,256,019$2,627,010$30,547,562
99$56,199,092$6,408,686$2,561,137$33,337,907
100$61,772,674$6,563,987$2,488,211$36,404,759