Can I retire at age 65 with 2,730,000?

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 $2,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$225,441$223,433$221,474$219,561$217,694$209,057
2 years$111,604$109,526$107,511$105,558$103,664$95,069
3 years$73,664$71,576$69,567$67,632$65,769$57,487
4 years$54,697$52,616$50,627$48,725$46,907$39,001
5 years$43,320$41,252$39,289$37,426$35,658$28,148
6 years$35,738$33,685$31,751$29,930$28,215$21,106
7 years$30,324$28,289$26,385$24,607$22,946$16,236
8 years$26,266$24,249$22,377$20,642$19,036$12,718
9 years$23,111$21,113$19,273$17,582$16,031$10,095
10 years$20,589$18,610$16,803$15,156$13,659$8,093
11 years$18,526$16,567$14,793$13,190$11,747$6,539
12 years$16,809$14,870$13,128$11,570$10,180$5,315
13 years$15,357$13,438$11,729$10,214$8,877$4,341
14 years$14,113$12,215$10,539$9,067$7,782$3,559
15 years$13,036$11,158$9,515$8,086$6,852$2,927
16 years$12,095$10,238$8,627$7,240$6,056$2,413
17 years$11,265$9,429$7,850$6,505$5,369$1,993
18 years$10,529$8,712$7,166$5,863$4,774$1,649
19 years$9,870$8,075$6,560$5,297$4,255$1,366
20 years$9,278$7,503$6,021$4,798$3,801$1,133
21 years$8,744$6,989$5,538$4,354$3,401$941
22 years$8,258$6,524$5,104$3,959$3,049$782
23 years$7,816$6,102$4,713$3,606$2,737$650
24 years$7,410$5,717$4,358$3,289$2,460$541
25 years$7,038$5,365$4,037$3,003$2,214$450
26 years$6,695$5,042$3,744$2,746$1,994$375
27 years$6,378$4,745$3,477$2,514$1,798$312
28 years$6,085$4,472$3,232$2,303$1,622$260
29 years$5,811$4,218$3,008$2,112$1,465$217
30 years$5,557$3,984$2,801$1,938$1,323$180
31 years$5,320$3,766$2,612$1,780$1,196$150
32 years$5,097$3,563$2,437$1,636$1,082$125
33 years$4,889$3,375$2,275$1,504$979$105
34 years$4,693$3,198$2,126$1,384$887$87
35 years$4,509$3,034$1,987$1,274$803$73
36 years$4,336$2,879$1,859$1,173$728$61
37 years$4,172$2,735$1,740$1,081$660$51
38 years$4,017$2,599$1,630$997$598$42
39 years$3,871$2,471$1,527$919$542$35
40 years$3,732$2,351$1,431$848$492$29
41 years$3,601$2,238$1,342$782$446$24
42 years$3,476$2,132$1,259$722$405$20
43 years$3,357$2,031$1,181$666$367$17
44 years$3,244$1,936$1,109$615$334$14
45 years$3,136$1,846$1,041$568$303$12
46 years$3,033$1,761$978$525$275$10
47 years$2,935$1,681$919$485$250$8
48 years$2,841$1,604$863$448$227$7
49 years$2,751$1,532$811$414$206$6
50 years$2,665$1,464$763$383$187$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,730,000, adding $4,053 every year, while hoping to spend $39,288 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: 78/15/7 Blend
64$2,730,000$2,730,000$2,730,000$2,730,000
65$3,012,641$2,867,951$2,825,636$3,244,865
66$3,278,128$2,966,678$2,878,492$3,496,530
67$3,569,378$3,068,926$2,931,803$3,766,940
68$3,888,977$3,174,827$2,985,541$4,062,327
69$4,239,775$3,284,515$3,039,679$4,385,160
70$4,624,909$3,398,133$3,094,185$4,738,155
71$5,047,835$3,515,827$3,149,026$5,124,306
72$5,512,363$3,637,751$3,204,166$5,546,906
73$6,022,686$3,764,063$3,259,568$6,009,585
74$6,583,426$3,894,929$3,315,190$6,516,336
75$7,199,675$4,030,519$3,370,988$7,071,561
76$7,877,039$4,171,012$3,426,914$7,680,104
77$8,621,700$4,316,594$3,482,918$8,347,304
78$9,440,463$4,467,458$3,538,945$9,079,037
79$10,340,830$4,623,803$3,594,940$9,881,779
80$11,331,064$4,785,838$3,650,840$10,762,661
81$12,420,269$4,953,781$3,706,579$11,729,537
82$13,618,476$5,127,856$3,762,089$12,791,062
83$14,936,737$5,308,297$3,817,296$13,956,766
84$16,387,231$5,495,350$3,872,121$15,237,150
85$17,983,373$5,689,267$3,926,482$16,643,781
86$19,739,948$5,890,312$3,980,290$18,189,402
87$21,673,245$6,098,760$4,033,452$19,888,051
88$23,801,213$6,314,896$4,085,870$21,755,193
89$26,143,629$6,539,017$4,137,438$23,807,869
90$28,722,283$6,771,434$4,188,047$26,064,849
91$31,561,189$7,012,467$4,237,580$28,546,816
92$34,686,804$7,262,451$4,285,912$31,276,557
93$38,128,282$7,521,736$4,332,914$34,279,176
94$41,917,749$7,790,683$4,378,449$37,582,335
95$46,090,604$8,069,671$4,422,372$41,216,510
96$50,685,853$8,359,092$4,464,528$45,215,281
97$55,746,478$8,659,356$4,504,759$49,615,648
98$61,319,844$8,970,889$4,542,893$54,458,376
99$67,458,140$9,294,135$4,578,752$59,788,384
100$74,218,879$9,629,556$4,612,148$65,655,166