Can I retire at age 65 with 2,610,000?

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$215,531$213,612$211,738$209,910$208,125$206,640
2 years$106,699$104,712$102,786$100,918$99,107$97,610
3 years$70,426$68,430$66,509$64,659$62,878$61,414
4 years$52,293$50,303$48,402$46,583$44,845$43,427
5 years$41,416$39,438$37,562$35,781$34,090$32,722
6 years$34,167$32,204$30,355$28,614$26,975$25,657
7 years$28,992$27,045$25,225$23,525$21,938$20,672
8 years$25,112$23,183$21,393$19,735$18,199$16,985
9 years$22,095$20,185$18,426$16,810$15,326$14,164
10 years$19,684$17,792$16,064$14,490$13,059$11,947
11 years$17,712$15,839$14,143$12,611$11,231$10,169
12 years$16,070$14,216$12,551$11,061$9,733$8,720
13 years$14,682$12,847$11,214$9,765$8,487$7,522
14 years$13,493$11,678$10,076$8,669$7,440$6,522
15 years$12,463$10,668$9,097$7,731$6,550$5,678
16 years$11,563$9,788$8,248$6,922$5,789$4,962
17 years$10,770$9,014$7,505$6,220$5,133$4,348
18 years$10,066$8,329$6,851$5,605$4,564$3,821
19 years$9,436$7,720$6,272$5,065$4,068$3,365
20 years$8,871$7,173$5,756$4,587$3,634$2,969
21 years$8,359$6,682$5,294$4,163$3,252$2,624
22 years$7,895$6,237$4,880$3,785$2,915$2,323
23 years$7,472$5,834$4,505$3,447$2,617$2,059
24 years$7,085$5,466$4,167$3,144$2,352$1,827
25 years$6,729$5,129$3,859$2,871$2,116$1,623
26 years$6,401$4,821$3,579$2,625$1,906$1,443
27 years$6,098$4,537$3,324$2,403$1,719$1,284
28 years$5,817$4,275$3,090$2,202$1,551$1,143
29 years$5,556$4,033$2,875$2,019$1,400$1,018
30 years$5,313$3,809$2,678$1,853$1,265$907
31 years$5,086$3,600$2,497$1,702$1,144$809
32 years$4,873$3,407$2,330$1,564$1,035$722
33 years$4,674$3,226$2,175$1,438$936$644
34 years$4,487$3,058$2,032$1,323$848$575
35 years$4,311$2,900$1,900$1,218$768$514
36 years$4,145$2,753$1,778$1,122$696$459
37 years$3,989$2,615$1,664$1,034$631$410
38 years$3,841$2,485$1,558$953$572$366
39 years$3,701$2,363$1,460$879$518$327
40 years$3,568$2,248$1,368$810$470$293
41 years$3,442$2,140$1,283$748$427$262
42 years$3,323$2,038$1,203$690$387$234
43 years$3,209$1,942$1,129$637$351$209
44 years$3,101$1,851$1,060$588$319$187
45 years$2,998$1,765$995$543$290$167
46 years$2,900$1,684$935$502$263$150
47 years$2,806$1,607$878$463$239$134
48 years$2,716$1,534$825$428$217$120
49 years$2,630$1,465$776$396$197$107
50 years$2,548$1,399$729$366$179$96

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,610,000, adding $5,359 every year, while hoping to spend $27,574 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: 36/49/15 Blend
64$2,610,000$2,610,000$2,610,000$2,610,000
65$2,881,748$2,743,418$2,702,963$2,972,055
66$3,146,348$2,848,507$2,764,174$3,142,825
67$3,437,012$2,957,821$2,826,511$3,324,051
68$3,756,372$3,071,538$2,889,983$3,519,101
69$4,107,322$3,189,844$2,954,598$3,729,223
70$4,493,056$3,312,933$3,020,363$3,955,782
71$4,917,088$3,441,007$3,087,286$4,200,278
72$5,383,291$3,574,277$3,155,371$4,464,359
73$5,895,935$3,712,965$3,224,624$4,749,831
74$6,459,720$3,857,300$3,295,048$5,058,678
75$7,079,827$4,007,523$3,366,648$5,393,080
76$7,761,963$4,163,885$3,439,424$5,755,432
77$8,512,416$4,326,649$3,513,378$6,148,361
78$9,338,116$4,496,088$3,588,509$6,574,759
79$10,246,696$4,672,489$3,664,817$7,037,801
80$11,246,569$4,856,150$3,742,298$7,540,976
81$12,347,002$5,047,384$3,820,948$8,088,123
82$13,558,207$5,246,517$3,900,761$8,683,458
83$14,891,437$5,453,890$3,981,729$9,331,621
84$16,359,091$5,669,858$4,063,845$10,037,711
85$17,974,831$5,894,793$4,147,096$10,807,339
86$19,753,710$6,129,085$4,231,470$11,646,674
87$21,712,317$6,373,138$4,316,953$12,562,503
88$23,868,929$6,627,377$4,403,526$13,562,293
89$26,243,687$6,892,246$4,491,171$14,654,259
90$28,858,784$7,168,207$4,579,866$15,847,441
91$31,738,675$7,455,744$4,669,588$17,151,786
92$34,910,309$7,755,365$4,760,308$18,578,240
93$38,403,380$8,067,597$4,851,997$20,138,852
94$42,250,608$8,392,993$4,944,623$21,846,881
95$46,488,052$8,732,131$5,038,149$23,716,924
96$51,155,443$9,085,616$5,132,537$25,765,048
97$56,296,565$9,454,077$5,227,744$28,008,940
98$61,959,664$9,838,177$5,323,723$30,468,074
99$68,197,906$10,238,604$5,420,424$33,163,888
100$75,069,877$10,656,080$5,517,792$36,119,987