Can I retire at age 65 with 2,530,000?

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 $2,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$208,925$207,064$205,248$203,476$201,746$198,485
2 years$103,428$101,502$99,635$97,825$96,069$92,793
3 years$68,267$66,333$64,471$62,677$60,950$57,761
4 years$50,690$48,762$46,918$45,156$43,470$40,392
5 years$40,147$38,230$36,410$34,684$33,045$30,087
6 years$33,120$31,217$29,425$27,737$26,148$23,313
7 years$28,103$26,216$24,452$22,804$21,265$18,554
8 years$24,342$22,472$20,737$19,130$17,641$15,055
9 years$21,418$19,566$17,861$16,294$14,857$12,392
10 years$19,080$17,247$15,572$14,046$12,659$10,314
11 years$17,169$15,354$13,709$12,224$10,887$8,661
12 years$15,577$13,781$12,167$10,722$9,434$7,323
13 years$14,232$12,454$10,870$9,466$8,227$6,228
14 years$13,079$11,320$9,767$8,403$7,212$5,321
15 years$12,081$10,341$8,818$7,494$6,350$4,564
16 years$11,209$9,488$7,995$6,710$5,612$3,928
17 years$10,440$8,738$7,275$6,029$4,976$3,390
18 years$9,757$8,074$6,641$5,433$4,424$2,932
19 years$9,147$7,483$6,080$4,909$3,943$2,541
20 years$8,599$6,954$5,580$4,446$3,522$2,206
21 years$8,103$6,477$5,132$4,035$3,152$1,918
22 years$7,653$6,046$4,730$3,669$2,825$1,670
23 years$7,243$5,655$4,367$3,342$2,536$1,456
24 years$6,868$5,298$4,039$3,048$2,280$1,270
25 years$6,523$4,972$3,741$2,783$2,051$1,109
26 years$6,205$4,673$3,470$2,545$1,848$969
27 years$5,911$4,398$3,222$2,329$1,666$847
28 years$5,639$4,144$2,995$2,134$1,503$741
29 years$5,386$3,909$2,787$1,957$1,357$648
30 years$5,150$3,692$2,596$1,796$1,226$567
31 years$4,930$3,490$2,420$1,650$1,109$497
32 years$4,724$3,302$2,258$1,516$1,003$435
33 years$4,531$3,127$2,109$1,394$908$381
34 years$4,350$2,964$1,970$1,283$822$334
35 years$4,179$2,811$1,842$1,181$744$293
36 years$4,018$2,668$1,723$1,088$674$257
37 years$3,867$2,534$1,613$1,002$611$225
38 years$3,723$2,409$1,510$924$554$198
39 years$3,587$2,290$1,415$852$503$173
40 years$3,459$2,179$1,326$785$456$152
41 years$3,337$2,074$1,244$725$414$133
42 years$3,221$1,975$1,167$669$375$117
43 years$3,111$1,882$1,095$617$341$103
44 years$3,006$1,794$1,027$570$309$90
45 years$2,906$1,711$965$526$281$79
46 years$2,811$1,632$906$486$255$69
47 years$2,720$1,558$851$449$231$61
48 years$2,633$1,487$800$415$210$54
49 years$2,550$1,420$752$384$191$47
50 years$2,470$1,356$707$355$173$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,530,000, adding $4,221 every year, while hoping to spend $49,671 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: 50/40/10 Blend
64$2,530,000$2,530,000$2,530,000$2,530,000
65$2,792,414$2,658,324$2,619,109$2,924,416
66$3,024,391$2,735,732$2,654,000$3,092,552
67$3,278,364$2,815,269$2,688,394$3,269,542
68$3,556,526$2,896,985$2,722,224$3,460,721
69$3,861,289$2,980,935$2,755,416$3,667,432
70$4,195,310$3,067,171$2,787,892$3,891,154
71$4,561,517$3,155,748$2,819,572$4,133,514
72$4,963,133$3,246,721$2,850,369$4,396,304
73$5,403,709$3,340,146$2,880,193$4,681,493
74$5,887,155$3,436,081$2,908,947$4,991,251
75$6,417,779$3,534,583$2,936,531$5,327,965
76$7,000,326$3,635,712$2,962,838$5,694,263
77$7,640,023$3,739,525$2,987,756$6,093,039
78$8,342,627$3,846,083$3,011,168$6,527,479
79$9,114,482$3,955,448$3,032,949$7,001,089
80$9,962,574$4,067,680$3,052,967$7,517,734
81$10,894,601$4,182,841$3,071,087$8,081,665
82$11,919,045$4,300,994$3,087,162$8,697,568
83$13,045,247$4,422,203$3,101,042$9,370,601
84$14,283,501$4,546,530$3,112,566$10,106,447
85$15,645,148$4,674,040$3,121,567$10,911,363
86$17,142,682$4,804,796$3,127,868$11,792,243
87$18,789,869$4,938,865$3,131,285$12,756,680
88$20,601,876$5,076,309$3,131,624$13,813,039
89$22,595,414$5,217,195$3,128,680$14,970,533
90$24,788,895$5,361,587$3,122,240$16,239,314
91$27,202,608$5,509,550$3,112,079$17,630,563
92$29,858,904$5,661,148$3,097,964$19,156,602
93$32,782,413$5,816,445$3,079,647$20,831,001
94$36,000,275$5,975,506$3,056,871$22,668,715
95$39,542,391$6,138,394$3,029,364$24,686,219
96$43,441,710$6,305,171$2,996,844$26,901,666
97$47,734,540$6,475,900$2,959,013$29,335,054
98$52,460,883$6,650,639$2,915,560$32,008,422
99$57,664,823$6,829,450$2,866,161$34,946,048
100$63,394,931$7,012,390$2,810,474$38,174,687