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

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 $2,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$213,054$211,156$209,305$207,497$205,733$203,415
2 years$105,472$103,508$101,604$99,758$97,968$95,635
3 years$69,616$67,644$65,745$63,916$62,155$59,879
4 years$51,692$49,725$47,845$46,048$44,329$42,127
5 years$40,940$38,985$37,130$35,369$33,699$31,577
6 years$33,775$31,834$30,006$28,285$26,664$24,627
7 years$28,658$26,734$24,936$23,255$21,685$19,732
8 years$24,823$22,916$21,147$19,508$17,990$16,121
9 years$21,841$19,953$18,214$16,616$15,150$13,364
10 years$19,457$17,587$15,880$14,323$12,909$11,205
11 years$17,508$15,657$13,980$12,466$11,102$9,479
12 years$15,885$14,053$12,407$10,934$9,621$8,077
13 years$14,513$12,700$11,085$9,653$8,389$6,923
14 years$13,338$11,544$9,960$8,569$7,354$5,963
15 years$12,320$10,545$8,992$7,642$6,475$5,157
16 years$11,430$9,675$8,153$6,843$5,723$4,475
17 years$10,646$8,910$7,419$6,148$5,074$3,895
18 years$9,950$8,234$6,772$5,541$4,512$3,398
19 years$9,328$7,631$6,200$5,006$4,021$2,971
20 years$8,769$7,091$5,690$4,534$3,592$2,603
21 years$8,263$6,605$5,234$4,115$3,214$2,283
22 years$7,804$6,166$4,824$3,742$2,881$2,006
23 years$7,386$5,766$4,454$3,408$2,586$1,765
24 years$7,003$5,403$4,119$3,108$2,325$1,554
25 years$6,652$5,070$3,815$2,838$2,092$1,369
26 years$6,328$4,765$3,538$2,595$1,884$1,208
27 years$6,028$4,485$3,285$2,375$1,699$1,066
28 years$5,750$4,226$3,054$2,176$1,533$942
29 years$5,492$3,987$2,842$1,996$1,384$832
30 years$5,252$3,765$2,647$1,832$1,251$736
31 years$5,027$3,559$2,468$1,682$1,131$651
32 years$4,817$3,368$2,303$1,546$1,023$576
33 years$4,620$3,189$2,150$1,422$926$510
34 years$4,436$3,023$2,009$1,308$838$451
35 years$4,262$2,867$1,878$1,204$759$399
36 years$4,098$2,721$1,757$1,109$688$354
37 years$3,943$2,584$1,645$1,022$623$314
38 years$3,797$2,456$1,540$942$565$278
39 years$3,658$2,336$1,443$868$512$246
40 years$3,527$2,222$1,352$801$465$218
41 years$3,403$2,115$1,268$739$422$193
42 years$3,285$2,014$1,190$682$383$171
43 years$3,172$1,919$1,116$630$347$152
44 years$3,065$1,830$1,048$581$315$135
45 years$2,963$1,745$984$537$286$120
46 years$2,866$1,664$924$496$260$106
47 years$2,774$1,588$868$458$236$94
48 years$2,685$1,516$816$423$214$83
49 years$2,600$1,448$767$391$195$74
50 years$2,519$1,383$721$362$177$66

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 $4,142 every year, while hoping to spend $22,926 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: 28/47/25 Blend
64$2,580,000$2,580,000$2,580,000$2,580,000
65$2,847,432$2,710,692$2,670,702$2,904,843
66$3,113,477$2,819,123$2,735,778$3,058,926
67$3,405,891$2,932,099$2,802,265$3,222,078
68$3,727,338$3,049,818$2,870,187$3,396,900
69$4,080,754$3,172,487$2,939,566$3,584,405
70$4,469,376$3,300,324$3,010,427$3,785,705
71$4,896,768$3,433,555$3,082,792$4,002,017
72$5,366,856$3,572,417$3,156,683$4,234,676
73$5,883,968$3,717,158$3,232,124$4,485,145
74$6,452,870$3,868,037$3,309,138$4,755,029
75$7,078,816$4,025,323$3,387,747$5,046,088
76$7,767,593$4,189,301$3,467,974$5,360,252
77$8,525,577$4,360,267$3,549,841$5,699,642
78$9,359,794$4,538,528$3,633,369$6,066,583
79$10,277,987$4,724,410$3,718,580$6,463,629
80$11,288,685$4,918,250$3,805,497$6,893,585
81$12,401,289$5,120,402$3,894,139$7,359,531
82$13,626,154$5,331,236$3,984,526$7,864,850
83$14,974,694$5,551,138$4,076,680$8,413,260
84$16,459,483$5,780,514$4,170,619$9,008,845
85$18,094,378$6,019,787$4,266,362$9,656,095
86$19,894,647$6,269,399$4,363,928$10,359,944
87$21,877,114$6,529,813$4,463,333$11,125,815
88$24,060,320$6,801,513$4,564,594$11,959,673
89$26,464,692$7,085,007$4,667,727$12,868,075
90$29,112,742$7,380,824$4,772,748$13,858,233
91$32,029,275$7,689,518$4,879,669$14,938,077
92$35,241,627$8,011,670$4,988,503$16,116,331
93$38,779,917$8,347,886$5,099,263$17,402,591
94$42,677,338$8,698,802$5,211,957$18,807,415
95$46,970,465$9,065,082$5,326,596$20,342,419
96$51,699,602$9,447,420$5,443,186$22,020,383
97$56,909,162$9,846,545$5,561,734$23,855,372
98$62,648,088$10,263,217$5,682,244$25,862,864
99$68,970,312$10,698,233$5,804,718$28,059,894
100$75,935,264$11,152,427$5,929,156$30,465,210