Can I retire at age 65 with 2,580,000?

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 $2,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$213,054$211,156$209,305$207,497$205,733$198,118
2 years$105,472$103,508$101,604$99,758$97,968$90,382
3 years$69,616$67,644$65,745$63,916$62,155$54,837
4 years$51,692$49,725$47,845$46,048$44,329$37,335
5 years$40,940$38,985$37,130$35,369$33,699$27,045
6 years$33,775$31,834$30,006$28,285$26,664$20,358
7 years$28,658$26,734$24,936$23,255$21,685$15,723
8 years$24,823$22,916$21,147$19,508$17,990$12,367
9 years$21,841$19,953$18,214$16,616$15,150$9,859
10 years$19,457$17,587$15,880$14,323$12,909$7,939
11 years$17,508$15,657$13,980$12,466$11,102$6,444
12 years$15,885$14,053$12,407$10,934$9,621$5,262
13 years$14,513$12,700$11,085$9,653$8,389$4,319
14 years$13,338$11,544$9,960$8,569$7,354$3,558
15 years$12,320$10,545$8,992$7,642$6,475$2,940
16 years$11,430$9,675$8,153$6,843$5,723$2,437
17 years$10,646$8,910$7,419$6,148$5,074$2,023
18 years$9,950$8,234$6,772$5,541$4,512$1,683
19 years$9,328$7,631$6,200$5,006$4,021$1,402
20 years$8,769$7,091$5,690$4,534$3,592$1,169
21 years$8,263$6,605$5,234$4,115$3,214$976
22 years$7,804$6,166$4,824$3,742$2,881$815
23 years$7,386$5,766$4,454$3,408$2,586$682
24 years$7,003$5,403$4,119$3,108$2,325$570
25 years$6,652$5,070$3,815$2,838$2,092$477
26 years$6,328$4,765$3,538$2,595$1,884$400
27 years$6,028$4,485$3,285$2,375$1,699$335
28 years$5,750$4,226$3,054$2,176$1,533$280
29 years$5,492$3,987$2,842$1,996$1,384$235
30 years$5,252$3,765$2,647$1,832$1,251$197
31 years$5,027$3,559$2,468$1,682$1,131$165
32 years$4,817$3,368$2,303$1,546$1,023$138
33 years$4,620$3,189$2,150$1,422$926$116
34 years$4,436$3,023$2,009$1,308$838$97
35 years$4,262$2,867$1,878$1,204$759$82
36 years$4,098$2,721$1,757$1,109$688$68
37 years$3,943$2,584$1,645$1,022$623$57
38 years$3,797$2,456$1,540$942$565$48
39 years$3,658$2,336$1,443$868$512$40
40 years$3,527$2,222$1,352$801$465$34
41 years$3,403$2,115$1,268$739$422$28
42 years$3,285$2,014$1,190$682$383$24
43 years$3,172$1,919$1,116$630$347$20
44 years$3,065$1,830$1,048$581$315$17
45 years$2,963$1,745$984$537$286$14
46 years$2,866$1,664$924$496$260$12
47 years$2,774$1,588$868$458$236$10
48 years$2,685$1,516$816$423$214$8
49 years$2,600$1,448$767$391$195$7
50 years$2,519$1,383$721$362$177$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,580,000, adding $5,503 every year, while hoping to spend $41,157 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: 29/49/22 Blend
64$2,580,000$2,580,000$2,580,000$2,580,000
65$2,848,836$2,712,096$2,672,106$2,911,687
66$3,095,627$2,801,198$2,717,831$3,049,767
67$3,366,211$2,893,287$2,763,708$3,194,090
68$3,662,971$2,988,465$2,809,700$3,348,395
69$3,988,534$3,086,839$2,855,764$3,513,567
70$4,345,789$3,188,520$2,901,857$3,690,576
71$4,737,924$3,293,621$2,947,933$3,880,489
72$5,168,445$3,402,261$2,993,942$4,084,476
73$5,641,218$3,514,564$3,039,831$4,303,824
74$6,160,500$3,630,655$3,085,543$4,539,947
75$6,730,981$3,750,667$3,131,018$4,794,396
76$7,357,827$3,874,736$3,176,194$5,068,878
77$8,046,730$4,003,003$3,221,001$5,365,272
78$8,803,962$4,135,615$3,265,370$5,685,638
79$9,636,430$4,272,724$3,309,223$6,032,246
80$10,551,745$4,414,487$3,352,482$6,407,592
81$11,558,293$4,561,066$3,395,060$6,814,418
82$12,665,312$4,712,632$3,436,867$7,255,745
83$13,882,981$4,869,359$3,477,810$7,734,895
84$15,222,516$5,031,428$3,517,787$8,255,520
85$16,696,272$5,199,028$3,556,693$8,821,644
86$18,317,865$5,372,353$3,594,416$9,437,693
87$20,102,296$5,551,607$3,630,837$10,108,537
88$22,066,093$5,736,998$3,665,833$10,839,538
89$24,227,468$5,928,745$3,699,272$11,636,599
90$26,606,488$6,127,072$3,731,016$12,506,218
91$29,225,265$6,332,213$3,760,919$13,455,548
92$32,108,161$6,544,411$3,788,830$14,492,464
93$35,282,024$6,763,917$3,814,586$15,625,640
94$38,776,434$6,990,992$3,838,018$16,864,624
95$42,623,986$7,225,907$3,858,947$18,219,933
96$46,860,597$7,468,942$3,877,187$19,703,145
97$51,525,846$7,720,387$3,892,540$21,327,015
98$56,663,342$7,980,546$3,904,800$23,105,588
99$62,321,141$8,249,731$3,913,750$25,054,333
100$68,552,198$8,528,268$3,919,160$27,190,288