Can I retire at age 65 with 2,550,000?

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 $2,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$210,577$208,701$206,871$205,085$203,341$200,385
2 years$104,246$102,304$100,423$98,598$96,829$93,857
3 years$68,807$66,857$64,980$63,173$61,432$58,537
4 years$51,091$49,147$47,289$45,513$43,814$41,017
5 years$40,464$38,532$36,698$34,958$33,307$30,617
6 years$33,382$31,464$29,658$27,956$26,354$23,775
7 years$28,325$26,424$24,646$22,984$21,433$18,965
8 years$24,534$22,650$20,901$19,281$17,781$15,423
9 years$21,587$19,721$18,002$16,423$14,974$12,725
10 years$19,231$17,383$15,695$14,157$12,759$10,618
11 years$17,305$15,475$13,818$12,321$10,973$8,938
12 years$15,701$13,889$12,263$10,807$9,509$7,577
13 years$14,344$12,552$10,956$9,541$8,292$6,460
14 years$13,183$11,409$9,844$8,469$7,269$5,535
15 years$12,177$10,423$8,888$7,553$6,400$4,761
16 years$11,297$9,563$8,058$6,763$5,656$4,108
17 years$10,522$8,807$7,332$6,077$5,015$3,555
18 years$9,834$8,138$6,694$5,476$4,459$3,084
19 years$9,219$7,542$6,128$4,948$3,975$2,681
20 years$8,667$7,009$5,624$4,482$3,550$2,335
21 years$8,167$6,528$5,173$4,067$3,177$2,036
22 years$7,714$6,094$4,767$3,698$2,848$1,778
23 years$7,300$5,699$4,402$3,368$2,556$1,554
24 years$6,922$5,340$4,071$3,072$2,298$1,360
25 years$6,574$5,011$3,771$2,805$2,068$1,191
26 years$6,254$4,710$3,497$2,565$1,862$1,044
27 years$5,958$4,433$3,247$2,348$1,679$916
28 years$5,683$4,177$3,019$2,151$1,515$804
29 years$5,428$3,940$2,809$1,973$1,368$706
30 years$5,191$3,721$2,617$1,810$1,236$620
31 years$4,969$3,518$2,439$1,663$1,118$544
32 years$4,761$3,328$2,276$1,528$1,011$479
33 years$4,567$3,152$2,125$1,405$915$421
34 years$4,384$2,988$1,986$1,293$828$370
35 years$4,212$2,834$1,856$1,190$750$325
36 years$4,050$2,690$1,737$1,096$680$286
37 years$3,897$2,554$1,625$1,010$616$252
38 years$3,753$2,428$1,522$931$559$222
39 years$3,616$2,308$1,426$858$507$195
40 years$3,486$2,196$1,337$792$459$172
41 years$3,363$2,091$1,253$730$417$151
42 years$3,247$1,991$1,176$674$378$133
43 years$3,135$1,897$1,103$622$343$117
44 years$3,030$1,808$1,036$575$312$103
45 years$2,929$1,724$972$531$283$91
46 years$2,833$1,645$913$490$257$80
47 years$2,741$1,570$858$453$233$71
48 years$2,654$1,499$806$418$212$62
49 years$2,570$1,431$758$387$192$55
50 years$2,490$1,367$713$357$175$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,550,000, adding $6,620 every year, while hoping to spend $38,406 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: 54/23/23 Blend
64$2,550,000$2,550,000$2,550,000$2,550,000
65$2,816,929$2,681,779$2,642,254$2,950,902
66$3,063,392$2,772,322$2,689,905$3,134,271
67$3,333,707$2,866,015$2,737,866$3,329,232
68$3,630,266$2,962,971$2,786,106$3,540,666
69$3,955,705$3,063,308$2,834,592$3,770,163
70$4,312,926$3,167,149$2,883,290$4,019,472
71$4,705,126$3,274,622$2,932,162$4,290,518
72$5,135,828$3,385,857$2,981,169$4,585,418
73$5,608,910$3,500,992$3,030,266$4,906,504
74$6,128,648$3,620,170$3,079,409$5,256,344
75$6,699,750$3,743,537$3,128,548$5,637,762
76$7,327,402$3,871,248$3,177,632$6,053,872
77$8,017,319$4,003,462$3,226,605$6,508,098
78$8,775,797$4,140,343$3,275,408$7,004,214
79$9,609,773$4,282,064$3,323,979$7,546,372
80$10,526,887$4,428,803$3,372,250$8,139,150
81$11,535,561$4,580,745$3,420,151$8,787,583
82$12,645,069$4,738,083$3,467,607$9,497,223
83$13,865,633$4,901,015$3,514,539$10,274,179
84$15,208,513$5,069,751$3,560,862$11,125,184
85$16,686,118$5,244,505$3,606,487$12,057,652
86$18,312,118$5,425,502$3,651,320$13,079,750
87$20,101,577$5,612,974$3,695,262$14,200,475
88$22,071,091$5,807,163$3,738,207$15,429,737
89$24,238,949$6,008,321$3,780,044$16,778,453
90$26,625,302$6,216,709$3,820,655$18,258,649
91$29,252,353$6,432,598$3,859,918$19,883,576
92$32,144,569$6,656,271$3,897,700$21,667,829
93$35,328,907$6,888,021$3,933,866$23,627,490
94$38,835,074$7,128,152$3,968,269$25,780,274
95$42,695,803$7,376,983$4,000,757$28,145,702
96$46,947,162$7,634,842$4,031,169$30,745,278
97$51,628,896$7,902,073$4,059,336$33,602,696
98$56,784,799$8,179,031$4,085,081$36,744,061
99$62,463,133$8,466,087$4,108,215$40,198,138
100$68,717,074$8,763,627$4,128,542$43,996,618