Can I retire at age 65 with 3,300,000?

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 $3,300,000?

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$272,511$270,084$267,715$265,404$263,147$261,708
2 years$134,906$132,394$129,959$127,598$125,308$123,856
3 years$89,044$86,521$84,092$81,753$79,500$78,080
4 years$66,118$63,602$61,197$58,899$56,700$55,323
5 years$52,365$49,865$47,492$45,240$43,103$41,773
6 years$43,200$40,718$38,380$36,179$34,106$32,824
7 years$36,656$34,195$31,894$29,744$27,737$26,505
8 years$31,750$29,312$27,049$24,952$23,011$21,828
9 years$27,937$25,521$23,297$21,253$19,378$18,244
10 years$24,887$22,496$20,311$18,321$16,511$15,426
11 years$22,394$20,026$17,881$15,944$14,200$13,163
12 years$20,318$17,975$15,869$13,985$12,306$11,315
13 years$18,563$16,244$14,178$12,347$10,731$9,786
14 years$17,060$14,765$12,739$10,960$9,406$8,507
15 years$15,758$13,488$11,502$9,775$8,282$7,426
16 years$14,620$12,375$10,428$8,752$7,320$6,506
17 years$13,617$11,397$9,489$7,864$6,490$5,718
18 years$12,727$10,531$8,662$7,087$5,771$5,039
19 years$11,931$9,760$7,930$6,404$5,144$4,450
20 years$11,216$9,070$7,278$5,800$4,594$3,938
21 years$10,569$8,448$6,694$5,264$4,112$3,491
22 years$9,982$7,886$6,170$4,786$3,685$3,099
23 years$9,447$7,376$5,697$4,359$3,308$2,755
24 years$8,958$6,911$5,268$3,975$2,973$2,453
25 years$8,508$6,485$4,880$3,630$2,676$2,185
26 years$8,093$6,095$4,526$3,319$2,410$1,949
27 years$7,710$5,736$4,202$3,038$2,173$1,739
28 years$7,355$5,405$3,907$2,784$1,961$1,553
29 years$7,025$5,099$3,635$2,553$1,770$1,388
30 years$6,717$4,816$3,386$2,343$1,600$1,241
31 years$6,430$4,552$3,157$2,152$1,446$1,111
32 years$6,162$4,307$2,945$1,977$1,308$994
33 years$5,910$4,079$2,750$1,818$1,184$890
34 years$5,673$3,866$2,570$1,673$1,072$797
35 years$5,451$3,667$2,402$1,540$971$714
36 years$5,241$3,481$2,247$1,418$880$640
37 years$5,043$3,306$2,104$1,307$797$574
38 years$4,856$3,142$1,970$1,205$723$515
39 years$4,679$2,987$1,846$1,111$655$462
40 years$4,512$2,842$1,730$1,025$595$414
41 years$4,353$2,706$1,622$945$539$372
42 years$4,201$2,577$1,522$872$489$333
43 years$4,058$2,455$1,428$805$444$299
44 years$3,921$2,340$1,340$744$403$269
45 years$3,791$2,232$1,258$687$366$241
46 years$3,666$2,129$1,182$634$332$216
47 years$3,548$2,032$1,110$586$302$194
48 years$3,434$1,939$1,043$541$274$174
49 years$3,326$1,852$981$500$249$157
50 years$3,222$1,769$922$463$226$141

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $3,300,000, adding $5,617 every year, while hoping to spend $30,004 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: 63/22/15 Blend
64$3,300,000$3,300,000$3,300,000$3,300,000
65$3,642,394$3,467,494$3,416,344$3,858,151
66$3,981,994$3,605,477$3,498,867$4,141,579
67$4,355,228$3,749,216$3,583,150$4,447,019
68$4,765,494$3,898,961$3,669,218$4,779,834
69$5,216,538$4,054,973$3,757,100$5,142,690
70$5,712,484$4,217,526$3,846,823$5,538,517
71$6,257,878$4,386,906$3,938,412$5,970,542
72$6,857,729$4,563,411$4,031,896$6,442,314
73$7,517,553$4,747,353$4,127,300$6,957,741
74$8,243,429$4,939,060$4,224,650$7,521,121
75$9,042,056$5,138,871$4,323,974$8,137,189
76$9,920,814$5,347,143$4,425,295$8,811,155
77$10,887,833$5,564,250$4,528,638$9,548,752
78$11,952,074$5,790,581$4,634,030$10,356,296
79$13,123,409$6,026,542$4,741,493$11,240,739
80$14,412,715$6,272,561$4,851,051$12,209,733
81$15,831,978$6,529,082$4,962,727$13,271,707
82$17,394,404$6,796,572$5,076,543$14,435,941
83$19,114,546$7,075,516$5,192,520$15,712,653
84$21,008,439$7,366,426$5,310,679$17,113,097
85$23,093,751$7,669,832$5,431,038$18,649,666
86$25,389,952$7,986,293$5,553,617$20,336,007
87$27,918,497$8,316,390$5,678,432$22,187,153
88$30,703,023$8,660,734$5,805,500$24,219,660
89$33,769,583$9,019,960$5,934,834$26,451,761
90$37,146,878$9,394,737$6,066,450$28,903,541
91$40,866,542$9,785,760$6,200,358$31,597,123
92$44,963,427$10,193,761$6,336,568$34,556,876
93$49,475,942$10,619,501$6,475,088$37,809,642
94$54,446,411$11,063,779$6,615,926$41,384,989
95$59,921,471$11,527,430$6,759,086$45,315,491
96$65,952,515$12,011,328$6,904,569$49,637,029
97$72,596,176$12,516,388$7,052,377$54,389,133
98$79,914,860$13,043,565$7,202,506$59,615,349
99$87,977,337$13,593,861$7,354,951$65,363,652
100$96,859,388$14,168,323$7,509,705$71,686,894