Can I retire at age 65 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$218,835$216,885$214,983$213,127$211,315$210,159
2 years$108,334$106,316$104,361$102,465$100,626$99,460
3 years$71,505$69,479$67,528$65,650$63,841$62,701
4 years$53,094$51,074$49,143$47,297$45,532$44,426
5 years$42,051$40,043$38,137$36,329$34,613$33,545
6 years$34,691$32,698$30,821$29,053$27,388$26,359
7 years$29,436$27,460$25,612$23,886$22,274$21,284
8 years$25,496$23,538$21,721$20,037$18,478$17,528
9 years$22,434$20,494$18,708$17,067$15,561$14,651
10 years$19,985$18,065$16,310$14,712$13,259$12,387
11 years$17,983$16,082$14,359$12,804$11,403$10,570
12 years$16,316$14,434$12,744$11,231$9,882$9,086
13 years$14,907$13,044$11,386$9,915$8,617$7,858
14 years$13,699$11,857$10,230$8,801$7,554$6,831
15 years$12,654$10,831$9,236$7,849$6,651$5,963
16 years$11,740$9,938$8,374$7,028$5,878$5,225
17 years$10,935$9,152$7,620$6,315$5,212$4,592
18 years$10,220$8,457$6,956$5,691$4,634$4,046
19 years$9,581$7,838$6,368$5,142$4,131$3,574
20 years$9,007$7,283$5,844$4,657$3,689$3,162
21 years$8,487$6,784$5,376$4,227$3,302$2,803
22 years$8,016$6,333$4,954$3,843$2,959$2,489
23 years$7,587$5,923$4,575$3,500$2,657$2,213
24 years$7,193$5,549$4,231$3,192$2,388$1,969
25 years$6,832$5,208$3,918$2,915$2,149$1,755
26 years$6,499$4,895$3,634$2,666$1,935$1,565
27 years$6,192$4,606$3,375$2,440$1,745$1,397
28 years$5,906$4,341$3,137$2,235$1,575$1,247
29 years$5,641$4,095$2,919$2,050$1,422$1,115
30 years$5,394$3,867$2,719$1,881$1,285$997
31 years$5,164$3,656$2,535$1,728$1,161$892
32 years$4,948$3,459$2,365$1,588$1,051$798
33 years$4,746$3,276$2,209$1,460$951$715
34 years$4,556$3,105$2,064$1,344$861$640
35 years$4,377$2,945$1,929$1,237$780$574
36 years$4,209$2,795$1,805$1,139$706$514
37 years$4,050$2,655$1,689$1,050$640$461
38 years$3,900$2,523$1,582$967$580$413
39 years$3,758$2,399$1,482$892$526$371
40 years$3,623$2,282$1,389$823$477$333
41 years$3,495$2,173$1,303$759$433$298
42 years$3,374$2,069$1,222$701$393$268
43 years$3,258$1,971$1,147$647$357$240
44 years$3,149$1,879$1,076$597$324$216
45 years$3,044$1,792$1,011$551$294$194
46 years$2,944$1,710$949$509$267$174
47 years$2,849$1,631$892$471$242$156
48 years$2,758$1,557$838$435$220$140
49 years$2,671$1,487$788$402$200$126
50 years$2,587$1,421$740$371$182$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,650,000, adding $3,197 every year, while hoping to spend $25,888 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: 48/42/10 Blend
64$2,650,000$2,650,000$2,650,000$2,650,000
65$2,923,598$2,783,148$2,742,073$3,055,818
66$3,194,260$2,891,977$2,806,388$3,255,831
67$3,491,662$3,005,272$2,871,989$3,469,903
68$3,818,505$3,123,223$2,938,894$3,701,737
69$4,177,762$3,246,030$3,007,116$3,952,994
70$4,572,711$3,373,903$3,076,672$4,225,502
71$5,006,962$3,507,060$3,147,575$4,521,269
72$5,484,494$3,645,727$3,219,841$4,842,501
73$6,009,689$3,790,145$3,293,482$5,191,623
74$6,587,376$3,940,560$3,368,513$5,571,299
75$7,222,875$4,097,235$3,444,944$5,984,461
76$7,922,048$4,260,439$3,522,790$6,434,329
77$8,691,354$4,430,457$3,602,060$6,924,446
78$9,537,908$4,607,585$3,682,765$7,458,708
79$10,469,552$4,792,134$3,764,915$8,041,401
80$11,494,925$4,984,427$3,848,518$8,677,238
81$12,623,546$5,184,804$3,933,583$9,371,405
82$13,865,906$5,393,617$4,020,116$10,129,606
83$15,233,560$5,611,237$4,108,122$10,958,119
84$16,739,246$5,838,050$4,197,607$11,863,851
85$18,396,996$6,074,460$4,288,573$12,854,404
86$20,222,271$6,320,891$4,381,022$13,938,143
87$22,232,112$6,577,783$4,474,955$15,124,275
88$24,445,292$6,845,599$4,570,370$16,422,936
89$26,882,499$7,124,822$4,667,266$17,845,280
90$29,566,531$7,415,955$4,765,637$19,403,589
91$32,522,508$7,719,528$4,865,476$21,111,382
92$35,778,111$8,036,092$4,966,777$22,983,544
93$39,363,842$8,366,224$5,069,527$25,036,463
94$43,313,313$8,710,528$5,173,715$27,288,182
95$47,663,562$9,069,635$5,279,326$29,758,571
96$52,455,404$9,444,205$5,386,342$32,469,508
97$57,733,813$9,834,930$5,494,743$35,445,084
98$63,548,352$10,242,530$5,604,506$38,711,832
99$69,953,632$10,667,763$5,715,605$42,298,971
100$77,009,836$11,111,417$5,828,011$46,238,679