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

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$215,531$213,612$211,738$209,910$208,125$206,727
2 years$106,699$104,712$102,786$100,918$99,107$97,697
3 years$70,426$68,430$66,509$64,659$62,878$61,499
4 years$52,293$50,303$48,402$46,583$44,845$43,509
5 years$41,416$39,438$37,562$35,781$34,090$32,801
6 years$34,167$32,204$30,355$28,614$26,975$25,733
7 years$28,992$27,045$25,225$23,525$21,938$20,744
8 years$25,112$23,183$21,393$19,735$18,199$17,054
9 years$22,095$20,185$18,426$16,810$15,326$14,230
10 years$19,684$17,792$16,064$14,490$13,059$12,010
11 years$17,712$15,839$14,143$12,611$11,231$10,229
12 years$16,070$14,216$12,551$11,061$9,733$8,777
13 years$14,682$12,847$11,214$9,765$8,487$7,576
14 years$13,493$11,678$10,076$8,669$7,440$6,573
15 years$12,463$10,668$9,097$7,731$6,550$5,727
16 years$11,563$9,788$8,248$6,922$5,789$5,007
17 years$10,770$9,014$7,505$6,220$5,133$4,391
18 years$10,066$8,329$6,851$5,605$4,564$3,861
19 years$9,436$7,720$6,272$5,065$4,068$3,403
20 years$8,871$7,173$5,756$4,587$3,634$3,005
21 years$8,359$6,682$5,294$4,163$3,252$2,658
22 years$7,895$6,237$4,880$3,785$2,915$2,355
23 years$7,472$5,834$4,505$3,447$2,617$2,089
24 years$7,085$5,466$4,167$3,144$2,352$1,855
25 years$6,729$5,129$3,859$2,871$2,116$1,649
26 years$6,401$4,821$3,579$2,625$1,906$1,467
27 years$6,098$4,537$3,324$2,403$1,719$1,306
28 years$5,817$4,275$3,090$2,202$1,551$1,164
29 years$5,556$4,033$2,875$2,019$1,400$1,037
30 years$5,313$3,809$2,678$1,853$1,265$925
31 years$5,086$3,600$2,497$1,702$1,144$826
32 years$4,873$3,407$2,330$1,564$1,035$737
33 years$4,674$3,226$2,175$1,438$936$659
34 years$4,487$3,058$2,032$1,323$848$589
35 years$4,311$2,900$1,900$1,218$768$526
36 years$4,145$2,753$1,778$1,122$696$470
37 years$3,989$2,615$1,664$1,034$631$421
38 years$3,841$2,485$1,558$953$572$376
39 years$3,701$2,363$1,460$879$518$337
40 years$3,568$2,248$1,368$810$470$301
41 years$3,442$2,140$1,283$748$427$269
42 years$3,323$2,038$1,203$690$387$241
43 years$3,209$1,942$1,129$637$351$216
44 years$3,101$1,851$1,060$588$319$193
45 years$2,998$1,765$995$543$290$173
46 years$2,900$1,684$935$502$263$155
47 years$2,806$1,607$878$463$239$139
48 years$2,716$1,534$825$428$217$124
49 years$2,630$1,465$776$396$197$111
50 years$2,548$1,399$729$366$179$100

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 $5,471 every year, while hoping to spend $41,784 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: 78/5/17 Blend
64$2,610,000$2,610,000$2,610,000$2,610,000
65$2,881,863$2,743,533$2,703,078$3,095,455
66$3,131,356$2,833,509$2,749,174$3,327,121
67$3,404,896$2,926,492$2,795,413$3,575,369
68$3,704,892$3,022,588$2,841,756$3,846,543
69$4,033,998$3,121,902$2,888,162$4,142,922
70$4,395,136$3,224,545$2,934,586$4,467,017
71$4,791,525$3,330,632$2,980,979$4,821,591
72$5,226,710$3,440,283$3,027,291$5,209,690
73$5,704,597$3,553,619$3,073,468$5,634,668
74$6,229,488$3,670,769$3,119,452$6,100,220
75$6,806,124$3,791,865$3,165,182$6,610,417
76$7,439,725$3,917,043$3,210,592$7,169,741
77$8,136,044$4,046,445$3,255,613$7,783,134
78$8,901,418$4,180,218$3,300,174$8,456,036
79$9,742,828$4,318,513$3,344,195$9,194,445
80$10,667,965$4,461,490$3,387,595$10,004,964
81$11,685,305$4,609,311$3,430,287$10,894,873
82$12,804,184$4,762,144$3,472,179$11,872,188
83$14,034,888$4,920,167$3,513,174$12,945,745
84$15,388,752$5,083,560$3,553,170$14,125,277
85$16,878,262$5,252,512$3,592,059$15,421,509
86$18,517,177$5,427,217$3,629,725$16,846,257
87$20,320,658$5,607,880$3,666,050$18,412,544
88$22,305,408$5,794,709$3,700,906$20,134,714
89$24,489,832$5,987,922$3,734,158$22,028,576
90$26,894,209$6,187,744$3,765,666$24,111,550
91$29,540,884$6,394,410$3,795,282$26,402,828
92$32,454,480$6,608,161$3,822,850$28,923,560
93$35,662,126$6,829,250$3,848,204$31,697,049
94$39,193,716$7,057,936$3,871,172$34,748,977
95$43,082,191$7,294,491$3,891,573$38,107,639
96$47,363,848$7,539,195$3,909,214$41,804,216
97$52,078,683$7,792,338$3,923,896$45,873,068
98$57,270,769$8,054,223$3,935,406$50,352,057
99$62,988,669$8,325,162$3,943,524$55,282,904
100$69,285,899$8,605,480$3,948,017$60,711,584