Can I retire at age 65 with 2,750,000?

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$227,092$225,070$223,096$221,170$219,289$213,554
2 years$112,422$110,328$108,299$106,332$104,423$98,685
3 years$74,204$72,101$70,077$68,128$66,250$60,688
4 years$55,098$53,002$50,998$49,082$47,250$41,906
5 years$43,638$41,554$39,576$37,700$35,919$30,808
6 years$36,000$33,932$31,984$30,149$28,421$23,549
7 years$30,547$28,496$26,579$24,787$23,114$18,480
8 years$26,458$24,426$22,541$20,793$19,175$14,778
9 years$23,280$21,268$19,414$17,711$16,149$11,983
10 years$20,740$18,746$16,926$15,267$13,759$9,822
11 years$18,662$16,689$14,901$13,287$11,834$8,117
12 years$16,932$14,979$13,224$11,655$10,255$6,753
13 years$15,469$13,537$11,815$10,289$8,942$5,648
14 years$14,216$12,304$10,616$9,134$7,839$4,744
15 years$13,132$11,240$9,585$8,146$6,902$4,000
16 years$12,184$10,313$8,690$7,293$6,100$3,382
17 years$11,348$9,498$7,908$6,553$5,409$2,866
18 years$10,606$8,776$7,219$5,906$4,809$2,434
19 years$9,943$8,134$6,608$5,336$4,286$2,071
20 years$9,346$7,558$6,065$4,833$3,829$1,765
21 years$8,808$7,040$5,578$4,386$3,426$1,505
22 years$8,319$6,572$5,141$3,988$3,071$1,285
23 years$7,873$6,146$4,747$3,632$2,757$1,099
24 years$7,465$5,759$4,390$3,313$2,478$940
25 years$7,090$5,404$4,066$3,025$2,230$804
26 years$6,744$5,079$3,771$2,766$2,008$689
27 years$6,425$4,780$3,502$2,532$1,811$590
28 years$6,129$4,504$3,256$2,320$1,634$506
29 years$5,854$4,249$3,030$2,127$1,475$434
30 years$5,598$4,013$2,822$1,952$1,333$372
31 years$5,359$3,794$2,631$1,793$1,205$319
32 years$5,135$3,590$2,455$1,648$1,090$274
33 years$4,925$3,399$2,292$1,515$987$235
34 years$4,728$3,222$2,141$1,394$893$202
35 years$4,542$3,056$2,002$1,284$809$173
36 years$4,368$2,900$1,873$1,182$733$149
37 years$4,203$2,755$1,753$1,089$664$128
38 years$4,047$2,618$1,642$1,004$602$110
39 years$3,899$2,489$1,538$926$546$94
40 years$3,760$2,369$1,442$854$495$81
41 years$3,627$2,255$1,352$788$449$69
42 years$3,501$2,147$1,268$727$408$60
43 years$3,381$2,046$1,190$671$370$51
44 years$3,267$1,950$1,117$620$336$44
45 years$3,159$1,860$1,049$572$305$38
46 years$3,055$1,774$985$529$277$32
47 years$2,956$1,693$925$488$251$28
48 years$2,862$1,616$870$451$228$24
49 years$2,771$1,543$817$417$207$21
50 years$2,685$1,474$768$385$188$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,750,000, adding $2,158 every year, while hoping to spend $42,975 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: 48/32/20 Blend
64$2,750,000$2,750,000$2,750,000$2,750,000
65$3,032,726$2,886,976$2,844,351$3,161,059
66$3,296,339$2,982,713$2,893,912$3,346,302
67$3,585,400$3,081,700$2,943,692$3,542,824
68$3,902,460$3,184,052$2,993,655$3,755,327
69$4,250,327$3,289,887$3,043,759$3,985,327
70$4,632,096$3,399,327$3,093,960$4,234,494
71$5,051,175$3,512,500$3,144,213$4,504,663
72$5,511,318$3,629,535$3,194,467$4,797,855
73$6,016,660$3,750,570$3,244,670$5,116,290
74$6,571,758$3,875,747$3,294,765$5,462,416
75$7,181,630$4,005,211$3,344,692$5,838,925
76$7,851,805$4,139,115$3,394,388$6,248,777
77$8,588,374$4,277,616$3,443,784$6,695,235
78$9,398,046$4,420,878$3,492,810$7,181,887
79$10,288,216$4,569,070$3,541,387$7,712,687
80$11,267,027$4,722,367$3,589,437$8,291,983
81$12,343,453$4,880,953$3,636,873$8,924,567
82$13,527,382$5,045,016$3,683,604$9,615,714
83$14,829,705$5,214,752$3,729,536$10,371,230
84$16,262,425$5,390,365$3,774,565$11,197,513
85$17,838,765$5,572,066$3,818,586$12,101,606
86$19,573,296$5,760,073$3,861,485$13,091,267
87$21,482,070$5,954,615$3,903,143$14,175,038
88$23,582,777$6,155,927$3,943,434$15,362,329
89$25,894,907$6,364,254$3,982,225$16,663,505
90$28,439,934$6,579,849$4,019,376$18,089,983
91$31,241,522$6,802,976$4,054,740$19,654,336
92$34,325,744$7,033,909$4,088,161$21,370,417
93$37,721,331$7,272,932$4,119,476$23,253,485
94$41,459,940$7,520,339$4,148,512$25,320,348
95$45,576,455$7,776,436$4,175,088$27,589,525
96$50,109,314$8,041,542$4,199,014$30,081,415
97$55,100,873$8,315,986$4,220,089$32,818,492
98$60,597,803$8,600,111$4,238,103$35,825,516
99$66,651,534$8,894,272$4,252,835$39,129,764
100$73,318,738$9,198,839$4,264,053$42,761,289