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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.1%
1 years$210,577$208,701$206,871$205,085$203,341$195,892
2 years$104,246$102,304$100,423$98,598$96,829$89,408
3 years$68,807$66,857$64,980$63,173$61,432$54,272
4 years$51,091$49,147$47,289$45,513$43,814$36,969
5 years$40,464$38,532$36,698$34,958$33,307$26,794
6 years$33,382$31,464$29,658$27,956$26,354$20,180
7 years$28,325$26,424$24,646$22,984$21,433$15,595
8 years$24,534$22,650$20,901$19,281$17,781$12,273
9 years$21,587$19,721$18,002$16,423$14,974$9,790
10 years$19,231$17,383$15,695$14,157$12,759$7,889
11 years$17,305$15,475$13,818$12,321$10,973$6,407
12 years$15,701$13,889$12,263$10,807$9,509$5,236
13 years$14,344$12,552$10,956$9,541$8,292$4,300
14 years$13,183$11,409$9,844$8,469$7,269$3,545
15 years$12,177$10,423$8,888$7,553$6,400$2,932
16 years$11,297$9,563$8,058$6,763$5,656$2,431
17 years$10,522$8,807$7,332$6,077$5,015$2,020
18 years$9,834$8,138$6,694$5,476$4,459$1,682
19 years$9,219$7,542$6,128$4,948$3,975$1,402
20 years$8,667$7,009$5,624$4,482$3,550$1,170
21 years$8,167$6,528$5,173$4,067$3,177$977
22 years$7,714$6,094$4,767$3,698$2,848$817
23 years$7,300$5,699$4,402$3,368$2,556$684
24 years$6,922$5,340$4,071$3,072$2,298$572
25 years$6,574$5,011$3,771$2,805$2,068$479
26 years$6,254$4,710$3,497$2,565$1,862$402
27 years$5,958$4,433$3,247$2,348$1,679$337
28 years$5,683$4,177$3,019$2,151$1,515$282
29 years$5,428$3,940$2,809$1,973$1,368$237
30 years$5,191$3,721$2,617$1,810$1,236$199
31 years$4,969$3,518$2,439$1,663$1,118$167
32 years$4,761$3,328$2,276$1,528$1,011$140
33 years$4,567$3,152$2,125$1,405$915$117
34 years$4,384$2,988$1,986$1,293$828$98
35 years$4,212$2,834$1,856$1,190$750$83
36 years$4,050$2,690$1,737$1,096$680$69
37 years$3,897$2,554$1,625$1,010$616$58
38 years$3,753$2,428$1,522$931$559$49
39 years$3,616$2,308$1,426$858$507$41
40 years$3,486$2,196$1,337$792$459$34
41 years$3,363$2,091$1,253$730$417$29
42 years$3,247$1,991$1,176$674$378$24
43 years$3,135$1,897$1,103$622$343$20
44 years$3,030$1,808$1,036$575$312$17
45 years$2,929$1,724$972$531$283$14
46 years$2,833$1,645$913$490$257$12
47 years$2,741$1,570$858$453$233$10
48 years$2,654$1,499$806$418$212$8
49 years$2,570$1,431$758$387$192$7
50 years$2,490$1,367$713$357$175$6

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 $6,588 every year, while hoping to spend $52,183 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: 55/18/27 Blend
64$2,550,000$2,550,000$2,550,000$2,550,000
65$2,816,896$2,681,746$2,642,221$2,950,483
66$3,048,697$2,757,629$2,675,213$3,119,122
67$3,302,392$2,835,481$2,707,561$3,296,743
68$3,580,161$2,915,345$2,739,189$3,489,137
69$3,884,401$2,997,260$2,770,016$3,697,744
70$4,217,755$3,081,270$2,799,955$3,924,149
71$4,583,130$3,167,417$2,828,918$4,170,098
72$4,983,731$3,255,742$2,856,809$4,437,514
73$5,423,087$3,346,289$2,883,528$4,728,516
74$5,905,085$3,439,100$2,908,968$5,045,439
75$6,434,004$3,534,217$2,933,020$5,390,854
76$7,014,561$3,631,682$2,955,565$5,767,595
77$7,651,951$3,731,538$2,976,480$6,178,785
78$8,351,893$3,833,828$2,995,636$6,627,862
79$9,120,693$3,938,592$3,012,896$7,118,617
80$9,965,293$4,045,872$3,028,117$7,655,226
81$10,893,341$4,155,709$3,041,148$8,242,292
82$11,913,266$4,268,142$3,051,831$8,884,885
83$13,034,351$4,383,213$3,059,999$9,588,593
84$14,266,823$4,500,958$3,065,477$10,359,575
85$15,621,951$4,621,417$3,068,082$11,204,616
86$17,112,149$4,744,626$3,067,622$12,131,194
87$18,751,095$4,870,619$3,063,894$13,147,550
88$20,553,859$4,999,432$3,056,687$14,262,765
89$22,537,045$5,131,096$3,045,778$15,486,846
90$24,718,946$5,265,643$3,030,935$16,830,824
91$27,119,720$5,403,101$3,011,912$18,306,852
92$29,761,576$5,543,497$2,988,455$19,928,326
93$32,668,983$5,686,855$2,960,295$21,710,006
94$35,868,905$5,833,196$2,927,151$23,668,161
95$39,391,051$5,982,541$2,888,728$25,820,720
96$43,268,158$6,134,904$2,844,720$28,187,441
97$47,536,294$6,290,299$2,794,802$30,790,098
98$52,235,206$6,448,734$2,738,638$33,652,691
99$57,408,688$6,610,213$2,675,874$36,801,664
100$63,104,999$6,774,738$2,606,140$40,266,165