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%11.8%
1 years$215,531$213,612$211,738$209,910$208,125$206,554
2 years$106,699$104,712$102,786$100,918$99,107$97,523
3 years$70,426$68,430$66,509$64,659$62,878$61,330
4 years$52,293$50,303$48,402$46,583$44,845$43,345
5 years$41,416$39,438$37,562$35,781$34,090$32,643
6 years$34,167$32,204$30,355$28,614$26,975$25,582
7 years$28,992$27,045$25,225$23,525$21,938$20,600
8 years$25,112$23,183$21,393$19,735$18,199$16,916
9 years$22,095$20,185$18,426$16,810$15,326$14,098
10 years$19,684$17,792$16,064$14,490$13,059$11,885
11 years$17,712$15,839$14,143$12,611$11,231$10,110
12 years$16,070$14,216$12,551$11,061$9,733$8,664
13 years$14,682$12,847$11,214$9,765$8,487$7,469
14 years$13,493$11,678$10,076$8,669$7,440$6,471
15 years$12,463$10,668$9,097$7,731$6,550$5,631
16 years$11,563$9,788$8,248$6,922$5,789$4,916
17 years$10,770$9,014$7,505$6,220$5,133$4,306
18 years$10,066$8,329$6,851$5,605$4,564$3,781
19 years$9,436$7,720$6,272$5,065$4,068$3,327
20 years$8,871$7,173$5,756$4,587$3,634$2,934
21 years$8,359$6,682$5,294$4,163$3,252$2,591
22 years$7,895$6,237$4,880$3,785$2,915$2,292
23 years$7,472$5,834$4,505$3,447$2,617$2,030
24 years$7,085$5,466$4,167$3,144$2,352$1,800
25 years$6,729$5,129$3,859$2,871$2,116$1,598
26 years$6,401$4,821$3,579$2,625$1,906$1,419
27 years$6,098$4,537$3,324$2,403$1,719$1,262
28 years$5,817$4,275$3,090$2,202$1,551$1,122
29 years$5,556$4,033$2,875$2,019$1,400$999
30 years$5,313$3,809$2,678$1,853$1,265$890
31 years$5,086$3,600$2,497$1,702$1,144$793
32 years$4,873$3,407$2,330$1,564$1,035$707
33 years$4,674$3,226$2,175$1,438$936$630
34 years$4,487$3,058$2,032$1,323$848$562
35 years$4,311$2,900$1,900$1,218$768$502
36 years$4,145$2,753$1,778$1,122$696$448
37 years$3,989$2,615$1,664$1,034$631$400
38 years$3,841$2,485$1,558$953$572$357
39 years$3,701$2,363$1,460$879$518$319
40 years$3,568$2,248$1,368$810$470$285
41 years$3,442$2,140$1,283$748$427$254
42 years$3,323$2,038$1,203$690$387$227
43 years$3,209$1,942$1,129$637$351$203
44 years$3,101$1,851$1,060$588$319$181
45 years$2,998$1,765$995$543$290$162
46 years$2,900$1,684$935$502$263$145
47 years$2,806$1,607$878$463$239$130
48 years$2,716$1,534$825$428$217$116
49 years$2,630$1,465$776$396$197$104
50 years$2,548$1,399$729$366$179$93

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 $2,117 every year, while hoping to spend $45,612 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: 33/44/23 Blend
64$2,610,000$2,610,000$2,610,000$2,610,000
65$2,878,404$2,740,074$2,699,619$2,953,044
66$3,123,470$2,825,806$2,741,525$3,094,888
67$3,392,004$2,914,211$2,783,307$3,243,376
68$3,686,353$3,005,371$2,824,911$3,402,483
69$4,009,097$3,099,372$2,866,283$3,573,176
70$4,363,085$3,196,300$2,907,362$3,756,515
71$4,751,448$3,296,247$2,948,088$3,953,669
72$5,177,639$3,399,307$2,988,392$4,165,919
73$5,645,460$3,505,575$3,028,205$4,394,675
74$6,159,100$3,615,151$3,067,453$4,641,490
75$6,723,172$3,728,137$3,106,056$4,908,070
76$7,342,758$3,844,638$3,143,931$5,196,291
77$8,023,457$3,964,764$3,180,991$5,508,220
78$8,771,438$4,088,625$3,217,142$5,846,128
79$9,593,494$4,216,337$3,252,286$6,212,517
80$10,497,112$4,348,019$3,286,319$6,610,140
81$11,490,540$4,483,794$3,319,133$7,042,027
82$12,582,862$4,623,788$3,350,612$7,511,512
83$13,784,091$4,768,130$3,380,634$8,022,268
84$15,105,255$4,916,955$3,409,072$8,578,337
85$16,558,506$5,070,401$3,435,791$9,184,171
86$18,157,233$5,228,610$3,460,649$9,844,669
87$19,916,188$5,391,729$3,483,498$10,565,230
88$21,851,624$5,559,909$3,504,180$11,351,796
89$23,981,449$5,733,304$3,522,530$12,210,913
90$26,325,398$5,912,076$3,538,375$13,149,790
91$28,905,211$6,096,391$3,551,533$14,176,367
92$31,744,845$6,286,417$3,561,812$15,299,389
93$34,870,698$6,482,330$3,569,012$16,528,490
94$38,311,857$6,684,312$3,572,921$17,874,279
95$42,100,370$6,892,547$3,573,318$19,348,447
96$46,271,554$7,107,228$3,569,971$20,963,869
97$50,864,323$7,328,552$3,562,635$22,734,730
98$55,921,556$7,556,723$3,551,055$24,676,656
99$61,490,502$7,791,950$3,534,963$26,806,865
100$67,623,227$8,034,450$3,514,078$29,144,323