Can I retire at age 65 with 3,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$297,285$294,637$292,053$289,531$287,069$280,357
2 years$147,171$144,430$141,773$139,198$136,700$129,975
3 years$97,139$94,386$91,737$89,185$86,728$80,202
4 years$72,128$69,384$66,761$64,253$61,855$55,577
5 years$57,126$54,398$51,809$49,352$47,021$41,009
6 years$47,127$44,420$41,869$39,468$37,206$31,466
7 years$39,988$37,304$34,794$32,448$30,259$24,791
8 years$34,637$31,976$29,508$27,220$25,102$19,906
9 years$30,476$27,841$25,415$23,186$21,140$16,210
10 years$27,150$24,541$22,157$19,986$18,012$13,344
11 years$24,430$21,847$19,507$17,394$15,491$11,077
12 years$22,165$19,609$17,312$15,257$13,424$9,258
13 years$20,251$17,721$15,467$13,470$11,706$7,780
14 years$18,611$16,107$13,897$11,957$10,262$6,566
15 years$17,191$14,714$12,547$10,663$9,035$5,563
16 years$15,949$13,500$11,376$9,548$7,985$4,727
17 years$14,855$12,433$10,352$8,579$7,080$4,027
18 years$13,884$11,489$9,450$7,731$6,295$3,438
19 years$13,016$10,648$8,651$6,986$5,611$2,940
20 years$12,235$9,894$7,939$6,327$5,012$2,518
21 years$11,530$9,216$7,303$5,742$4,485$2,160
22 years$10,890$8,603$6,731$5,221$4,020$1,854
23 years$10,306$8,046$6,214$4,755$3,609$1,594
24 years$9,772$7,539$5,747$4,337$3,244$1,371
25 years$9,281$7,075$5,323$3,960$2,919$1,180
26 years$8,829$6,649$4,937$3,621$2,629$1,016
27 years$8,411$6,258$4,584$3,315$2,371$875
28 years$8,024$5,897$4,262$3,037$2,139$754
29 years$7,664$5,563$3,966$2,785$1,931$651
30 years$7,328$5,253$3,694$2,556$1,745$561
31 years$7,015$4,966$3,444$2,347$1,578$484
32 years$6,722$4,699$3,213$2,157$1,427$418
33 years$6,447$4,450$3,000$1,984$1,292$361
34 years$6,189$4,218$2,803$1,825$1,169$311
35 years$5,946$4,000$2,621$1,680$1,059$269
36 years$5,718$3,797$2,452$1,547$960$232
37 years$5,502$3,606$2,295$1,426$870$201
38 years$5,298$3,427$2,149$1,314$789$173
39 years$5,105$3,259$2,013$1,212$715$150
40 years$4,922$3,101$1,887$1,118$649$129
41 years$4,748$2,951$1,770$1,031$588$112
42 years$4,583$2,811$1,660$952$534$97
43 years$4,427$2,678$1,558$878$485$83
44 years$4,277$2,553$1,462$811$440$72
45 years$4,135$2,434$1,373$749$399$62
46 years$3,999$2,322$1,289$692$363$54
47 years$3,870$2,216$1,211$639$329$46
48 years$3,746$2,116$1,138$591$299$40
49 years$3,628$2,020$1,070$546$272$35
50 years$3,515$1,930$1,006$505$247$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $3,600,000, adding $4,971 every year, while hoping to spend $30,109 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: 58/12/30 Blend
64$3,600,000$3,600,000$3,600,000$3,600,000
65$3,972,328$3,781,528$3,725,728$4,169,748
66$4,345,469$3,934,787$3,818,504$4,459,094
67$4,755,662$4,094,546$3,913,379$4,770,875
68$5,206,654$4,261,093$4,010,391$5,110,253
69$5,702,573$4,434,727$4,109,580$5,479,916
70$6,247,969$4,615,762$4,210,984$5,882,823
71$6,847,852$4,804,525$4,314,642$6,322,231
72$7,507,745$5,001,359$4,420,595$6,801,724
73$8,233,732$5,206,622$4,528,881$7,325,250
74$9,032,515$5,420,690$4,639,542$7,897,152
75$9,911,482$5,643,953$4,752,616$8,522,212
76$10,878,768$5,876,822$4,868,144$9,205,696
77$11,943,342$6,119,726$4,986,167$9,953,402
78$13,115,083$6,373,112$5,106,723$10,771,714
79$14,404,877$6,637,451$5,229,854$11,667,660
80$15,824,721$6,913,232$5,355,600$12,648,983
81$17,387,830$7,200,968$5,484,001$13,724,208
82$19,108,770$7,501,196$5,615,096$14,902,723
83$21,003,588$7,814,479$5,748,925$16,194,869
84$23,089,967$8,141,402$5,885,528$17,612,035
85$25,387,394$8,482,581$6,024,943$19,166,764
86$27,917,340$8,838,658$6,167,210$20,872,873
87$30,703,463$9,210,307$6,312,366$22,745,582
88$33,771,835$9,598,231$6,460,450$24,801,653
89$37,151,185$10,003,167$6,611,497$27,059,554
90$40,873,169$10,425,886$6,765,546$29,539,627
91$44,972,672$10,867,193$6,922,631$32,264,280
92$49,488,132$11,327,934$7,082,787$35,258,201
93$54,461,909$11,808,990$7,246,048$38,548,584
94$59,940,680$12,311,287$7,412,446$42,165,392
95$65,975,881$12,835,792$7,582,015$46,141,630
96$72,624,192$13,383,516$7,754,783$50,513,665
97$79,948,071$13,955,521$7,930,781$55,321,560
98$88,016,347$14,552,914$8,110,035$60,609,455
99$96,904,865$15,176,857$8,292,571$66,425,982
100$106,697,204$15,828,565$8,478,414$72,824,722