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%18%
1 years$208,925$207,064$205,248$203,476$201,746$195,210
2 years$103,428$101,502$99,635$97,825$96,069$89,546
3 years$68,267$66,333$64,471$62,677$60,950$54,644
4 years$50,690$48,762$46,918$45,156$43,470$37,429
5 years$40,147$38,230$36,410$34,684$33,045$27,286
6 years$33,120$31,217$29,425$27,737$26,148$20,675
7 years$28,103$26,216$24,452$22,804$21,265$16,078
8 years$24,342$22,472$20,737$19,130$17,641$12,736
9 years$21,418$19,566$17,861$16,294$14,857$10,228
10 years$19,080$17,247$15,572$14,046$12,659$8,299
11 years$17,169$15,354$13,709$12,224$10,887$6,789
12 years$15,577$13,781$12,167$10,722$9,434$5,588
13 years$14,232$12,454$10,870$9,466$8,227$4,624
14 years$13,079$11,320$9,767$8,403$7,212$3,841
15 years$12,081$10,341$8,818$7,494$6,350$3,202
16 years$11,209$9,488$7,995$6,710$5,612$2,676
17 years$10,440$8,738$7,275$6,029$4,976$2,242
18 years$9,757$8,074$6,641$5,433$4,424$1,882
19 years$9,147$7,483$6,080$4,909$3,943$1,582
20 years$8,599$6,954$5,580$4,446$3,522$1,331
21 years$8,103$6,477$5,132$4,035$3,152$1,122
22 years$7,653$6,046$4,730$3,669$2,825$946
23 years$7,243$5,655$4,367$3,342$2,536$798
24 years$6,868$5,298$4,039$3,048$2,280$674
25 years$6,523$4,972$3,741$2,783$2,051$570
26 years$6,205$4,673$3,470$2,545$1,848$482
27 years$5,911$4,398$3,222$2,329$1,666$407
28 years$5,639$4,144$2,995$2,134$1,503$345
29 years$5,386$3,909$2,787$1,957$1,357$292
30 years$5,150$3,692$2,596$1,796$1,226$247
31 years$4,930$3,490$2,420$1,650$1,109$209
32 years$4,724$3,302$2,258$1,516$1,003$177
33 years$4,531$3,127$2,109$1,394$908$150
34 years$4,350$2,964$1,970$1,283$822$127
35 years$4,179$2,811$1,842$1,181$744$107
36 years$4,018$2,668$1,723$1,088$674$91
37 years$3,867$2,534$1,613$1,002$611$77
38 years$3,723$2,409$1,510$924$554$65
39 years$3,587$2,290$1,415$852$503$55
40 years$3,459$2,179$1,326$785$456$47
41 years$3,337$2,074$1,244$725$414$40
42 years$3,221$1,975$1,167$669$375$34
43 years$3,111$1,882$1,095$617$341$29
44 years$3,006$1,794$1,027$570$309$24
45 years$2,906$1,711$965$526$281$20
46 years$2,811$1,632$906$486$255$17
47 years$2,720$1,558$851$449$231$15
48 years$2,633$1,487$800$415$210$12
49 years$2,550$1,420$752$384$191$11
50 years$2,470$1,356$707$355$173$9

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 $3,813 every year, while hoping to spend $59,219 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: 35/50/15 Blend
64$2,530,000$2,530,000$2,530,000$2,530,000
65$2,791,993$2,657,903$2,618,688$2,876,648
66$3,013,768$2,725,132$2,643,406$3,005,646
67$3,256,179$2,793,670$2,666,966$3,138,874
68$3,521,268$2,863,519$2,689,269$3,281,346
69$3,811,285$2,934,679$2,710,207$3,433,912
70$4,128,706$3,007,148$2,729,668$3,597,510
71$4,476,256$3,080,920$2,747,535$3,773,170
72$4,856,939$3,155,990$2,763,682$3,962,028
73$5,274,061$3,232,348$2,777,979$4,165,334
74$5,731,263$3,309,981$2,790,289$4,384,465
75$6,232,556$3,388,874$2,800,468$4,620,937
76$6,782,357$3,469,009$2,808,365$4,876,421
77$7,385,532$3,550,365$2,813,819$5,152,759
78$8,047,438$3,632,915$2,816,664$5,451,977
79$8,773,980$3,716,630$2,816,725$5,776,310
80$9,571,658$3,801,478$2,813,818$6,128,220
81$10,447,635$3,887,418$2,807,749$6,510,419
82$11,409,802$3,974,410$2,798,316$6,925,898
83$12,466,850$4,062,404$2,785,308$7,377,950
84$13,628,354$4,151,347$2,768,501$7,870,206
85$14,904,862$4,241,179$2,747,662$8,406,669
86$16,307,997$4,331,836$2,722,547$8,991,747
87$17,850,561$4,423,244$2,692,901$9,630,302
88$19,546,659$4,515,324$2,658,454$10,327,692
89$21,411,833$4,607,989$2,618,927$11,089,821
90$23,463,204$4,701,145$2,574,025$11,923,198
91$25,719,637$4,794,687$2,523,441$12,834,998
92$28,201,916$4,888,503$2,466,853$13,833,128
93$30,932,943$4,982,471$2,403,924$14,926,305
94$33,937,949$5,076,458$2,334,301$16,124,138
95$37,244,735$5,170,320$2,257,615$17,437,216
96$40,883,935$5,263,902$2,173,482$18,877,215
97$44,889,301$5,357,038$2,081,498$20,457,003
98$49,298,023$5,449,546$1,981,242$22,190,764
99$54,151,080$5,541,233$1,872,272$24,094,134
100$59,493,625$5,631,889$1,754,129$26,184,348