Can I retire at age 65 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$212,228$210,338$208,493$206,693$204,935$202,880
2 years$105,063$103,107$101,210$99,372$97,588$95,518
3 years$69,347$67,381$65,490$63,668$61,914$59,893
4 years$51,492$49,532$47,660$45,870$44,158$42,201
5 years$40,781$38,834$36,986$35,232$33,568$31,682
6 years$33,644$31,711$29,890$28,175$26,561$24,749
7 years$28,547$26,631$24,839$23,165$21,601$19,863
8 years$24,727$22,828$21,065$19,432$17,920$16,256
9 years$21,757$19,875$18,144$16,552$15,092$13,500
10 years$19,382$17,519$15,818$14,268$12,859$11,339
11 years$17,440$15,596$13,926$12,417$11,059$9,610
12 years$15,824$13,998$12,359$10,892$9,583$8,204
13 years$14,457$12,650$11,042$9,616$8,357$7,046
14 years$13,286$11,499$9,921$8,536$7,326$6,081
15 years$12,272$10,505$8,957$7,612$6,450$5,269
16 years$11,386$9,638$8,121$6,816$5,701$4,582
17 years$10,605$8,876$7,390$6,124$5,055$3,996
18 years$9,912$8,202$6,746$5,519$4,494$3,494
19 years$9,292$7,601$6,176$4,987$4,006$3,062
20 years$8,735$7,064$5,668$4,517$3,578$2,688
21 years$8,231$6,579$5,213$4,099$3,202$2,364
22 years$7,774$6,142$4,805$3,727$2,870$2,081
23 years$7,358$5,744$4,436$3,394$2,576$1,835
24 years$6,976$5,382$4,103$3,096$2,316$1,619
25 years$6,626$5,051$3,800$2,827$2,084$1,431
26 years$6,303$4,747$3,524$2,585$1,877$1,265
27 years$6,005$4,467$3,273$2,366$1,692$1,119
28 years$5,728$4,209$3,042$2,168$1,527$991
29 years$5,471$3,971$2,831$1,988$1,379$878
30 years$5,231$3,750$2,637$1,825$1,246$778
31 years$5,008$3,545$2,459$1,676$1,126$690
32 years$4,799$3,355$2,294$1,540$1,019$612
33 years$4,602$3,177$2,142$1,416$922$543
34 years$4,418$3,011$2,001$1,303$835$482
35 years$4,245$2,856$1,871$1,199$756$428
36 years$4,082$2,711$1,750$1,105$685$380
37 years$3,928$2,574$1,638$1,018$621$337
38 years$3,782$2,447$1,534$938$563$300
39 years$3,644$2,327$1,437$865$510$266
40 years$3,514$2,213$1,347$798$463$237
41 years$3,390$2,107$1,263$736$420$210
42 years$3,272$2,007$1,185$679$381$187
43 years$3,160$1,912$1,112$627$346$166
44 years$3,054$1,822$1,044$579$314$148
45 years$2,952$1,738$980$535$285$131
46 years$2,855$1,658$920$494$259$117
47 years$2,763$1,582$865$456$235$104
48 years$2,674$1,510$813$422$213$92
49 years$2,590$1,442$764$390$194$82
50 years$2,509$1,378$718$360$176$73

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,570,000, adding $6,071 every year, while hoping to spend $46,254 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: 47/36/17 Blend
64$2,570,000$2,570,000$2,570,000$2,570,000
65$2,838,402$2,702,192$2,662,357$2,957,894
66$3,078,705$2,785,386$2,702,332$3,124,752
67$3,341,969$2,871,106$2,742,096$3,300,575
68$3,630,487$2,959,426$2,781,593$3,490,416
69$3,946,784$3,050,426$2,820,764$3,695,604
70$4,293,642$3,144,183$2,859,546$3,917,597
71$4,674,124$3,240,778$2,897,871$4,158,001
72$5,091,606$3,340,297$2,935,671$4,418,584
73$5,549,803$3,442,825$2,972,869$4,701,290
74$6,052,810$3,548,451$3,009,387$5,008,259
75$6,605,137$3,657,266$3,045,142$5,341,848
76$7,211,752$3,769,363$3,080,046$5,704,649
77$7,878,128$3,884,839$3,114,005$6,099,517
78$8,610,294$4,003,792$3,146,920$6,529,595
79$9,414,891$4,126,326$3,178,690$6,998,344
80$10,299,237$4,252,543$3,209,203$7,509,573
81$11,271,394$4,382,552$3,238,346$8,067,479
82$12,340,242$4,516,463$3,265,996$8,676,682
83$13,515,566$4,654,389$3,292,026$9,342,271
84$14,808,146$4,796,447$3,316,302$10,069,849
85$16,229,861$4,942,756$3,338,682$10,865,590
86$17,793,796$5,093,441$3,359,017$11,736,291
87$19,514,370$5,248,626$3,377,151$12,689,440
88$21,407,469$5,408,442$3,392,918$13,733,287
89$23,490,597$5,573,022$3,406,147$14,876,917
90$25,783,040$5,742,502$3,416,656$16,130,339
91$28,306,049$5,917,024$3,424,253$17,504,581
92$31,083,039$6,096,731$3,428,738$19,011,788
93$34,139,810$6,281,772$3,429,902$20,665,342
94$37,504,790$6,472,298$3,427,523$22,479,988
95$41,209,304$6,668,466$3,421,370$24,471,966
96$45,287,867$6,870,435$3,411,201$26,659,174
97$49,778,513$7,078,370$3,396,759$29,061,327
98$54,723,151$7,292,439$3,377,780$31,700,147
99$60,167,959$7,512,815$3,353,982$34,599,571
100$66,163,823$7,739,676$3,325,073$37,785,969