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%17.4%
1 years$210,577$208,701$206,871$205,085$203,341$197,227
2 years$104,246$102,304$100,423$98,598$96,829$90,721
3 years$68,807$66,857$64,980$63,173$61,432$55,521
4 years$51,091$49,147$47,289$45,513$43,814$38,146
5 years$40,464$38,532$36,698$34,958$33,307$27,896
6 years$33,382$31,464$29,658$27,956$26,354$21,207
7 years$28,325$26,424$24,646$22,984$21,433$16,548
8 years$24,534$22,650$20,901$19,281$17,781$13,155
9 years$21,587$19,721$18,002$16,423$14,974$10,603
10 years$19,231$17,383$15,695$14,157$12,759$8,636
11 years$17,305$15,475$13,818$12,321$10,973$7,092
12 years$15,701$13,889$12,263$10,807$9,509$5,861
13 years$14,344$12,552$10,956$9,541$8,292$4,869
14 years$13,183$11,409$9,844$8,469$7,269$4,062
15 years$12,177$10,423$8,888$7,553$6,400$3,400
16 years$11,297$9,563$8,058$6,763$5,656$2,854
17 years$10,522$8,807$7,332$6,077$5,015$2,402
18 years$9,834$8,138$6,694$5,476$4,459$2,025
19 years$9,219$7,542$6,128$4,948$3,975$1,710
20 years$8,667$7,009$5,624$4,482$3,550$1,446
21 years$8,167$6,528$5,173$4,067$3,177$1,224
22 years$7,714$6,094$4,767$3,698$2,848$1,037
23 years$7,300$5,699$4,402$3,368$2,556$879
24 years$6,922$5,340$4,071$3,072$2,298$746
25 years$6,574$5,011$3,771$2,805$2,068$634
26 years$6,254$4,710$3,497$2,565$1,862$538
27 years$5,958$4,433$3,247$2,348$1,679$457
28 years$5,683$4,177$3,019$2,151$1,515$389
29 years$5,428$3,940$2,809$1,973$1,368$331
30 years$5,191$3,721$2,617$1,810$1,236$281
31 years$4,969$3,518$2,439$1,663$1,118$239
32 years$4,761$3,328$2,276$1,528$1,011$204
33 years$4,567$3,152$2,125$1,405$915$173
34 years$4,384$2,988$1,986$1,293$828$147
35 years$4,212$2,834$1,856$1,190$750$126
36 years$4,050$2,690$1,737$1,096$680$107
37 years$3,897$2,554$1,625$1,010$616$91
38 years$3,753$2,428$1,522$931$559$77
39 years$3,616$2,308$1,426$858$507$66
40 years$3,486$2,196$1,337$792$459$56
41 years$3,363$2,091$1,253$730$417$48
42 years$3,247$1,991$1,176$674$378$41
43 years$3,135$1,897$1,103$622$343$35
44 years$3,030$1,808$1,036$575$312$30
45 years$2,929$1,724$972$531$283$25
46 years$2,833$1,645$913$490$257$21
47 years$2,741$1,570$858$453$233$18
48 years$2,654$1,499$806$418$212$16
49 years$2,570$1,431$758$387$192$13
50 years$2,490$1,367$713$357$175$11

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 $4,546 every year, while hoping to spend $34,598 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: 48/36/16 Blend
64$2,550,000$2,550,000$2,550,000$2,550,000
65$2,814,789$2,679,639$2,640,114$2,937,082
66$3,065,086$2,774,130$2,691,746$3,116,686
67$3,339,753$2,872,090$2,743,948$3,307,684
68$3,641,240$2,973,655$2,796,702$3,514,323
69$3,972,245$3,078,963$2,849,991$3,738,080
70$4,335,740$3,188,158$2,903,791$3,980,579
71$4,734,998$3,301,391$2,958,081$4,243,604
72$5,173,627$3,418,818$3,012,836$4,529,118
73$5,655,600$3,540,602$3,068,028$4,839,279
74$6,185,292$3,666,913$3,123,629$5,176,464
75$6,767,528$3,797,927$3,179,606$5,543,282
76$7,407,618$3,933,828$3,235,925$5,942,609
77$8,111,416$4,074,807$3,292,550$6,377,607
78$8,885,371$4,221,063$3,349,441$6,851,755
79$9,736,587$4,372,803$3,406,555$7,368,883
80$10,672,891$4,530,243$3,463,847$7,933,205
81$11,702,909$4,693,607$3,521,268$8,549,359
82$12,836,141$4,863,130$3,578,767$9,222,454
83$14,083,059$5,039,055$3,636,287$9,958,108
84$15,455,198$5,221,635$3,693,769$10,762,511
85$16,965,268$5,411,136$3,751,151$11,642,475
86$18,627,275$5,607,831$3,808,364$12,605,502
87$20,456,651$5,812,009$3,865,338$13,659,850
88$22,470,399$6,023,967$3,921,996$14,814,615
89$24,687,255$6,244,016$3,978,259$16,079,812
90$27,127,865$6,472,482$4,034,040$17,466,468
91$29,814,975$6,709,702$4,089,248$18,986,731
92$32,773,652$6,956,028$4,143,788$20,653,975
93$36,031,518$7,211,826$4,197,558$22,482,934
94$39,619,007$7,477,480$4,250,450$24,489,832
95$43,569,656$7,753,387$4,302,351$26,692,543
96$47,920,422$8,039,963$4,353,140$29,110,750
97$52,712,025$8,337,641$4,402,690$31,766,137
98$57,989,339$8,646,873$4,450,868$34,682,588
99$63,801,810$8,968,129$4,497,531$37,886,413
100$70,203,927$9,301,899$4,542,530$41,406,595