Can I retire at age 65 with 3,700,000?

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$305,543$302,821$300,166$297,574$295,043$284,915
2 years$151,259$148,442$145,711$143,064$140,497$130,396
3 years$99,837$97,008$94,285$91,663$89,137$79,381
4 years$74,132$71,311$68,615$66,038$63,573$54,236
5 years$58,713$55,909$53,248$50,723$48,327$39,434
6 years$48,436$45,654$43,033$40,564$38,240$29,797
7 years$41,099$38,340$35,760$33,350$31,099$23,106
8 years$35,599$32,864$30,328$27,976$25,800$18,250
9 years$31,323$28,614$26,121$23,830$21,727$14,611
10 years$27,904$25,222$22,773$20,541$18,513$11,819
11 years$25,109$22,454$20,049$17,877$15,921$9,636
12 years$22,781$20,153$17,793$15,681$13,797$7,906
13 years$20,813$18,213$15,897$13,844$12,031$6,519
14 years$19,128$16,555$14,283$12,289$10,547$5,397
15 years$17,668$15,123$12,896$10,960$9,286$4,483
16 years$16,392$13,875$11,692$9,813$8,207$3,733
17 years$15,268$12,779$10,639$8,817$7,277$3,116
18 years$14,269$11,808$9,712$7,946$6,470$2,606
19 years$13,377$10,944$8,891$7,180$5,767$2,182
20 years$12,575$10,169$8,160$6,503$5,151$1,830
21 years$11,850$9,472$7,506$5,902$4,610$1,536
22 years$11,192$8,842$6,917$5,366$4,132$1,290
23 years$10,593$8,270$6,387$4,887$3,709$1,084
24 years$10,044$7,748$5,907$4,457$3,334$912
25 years$9,539$7,271$5,471$4,070$3,000$768
26 years$9,074$6,834$5,074$3,722$2,702$646
27 years$8,645$6,431$4,712$3,407$2,436$544
28 years$8,246$6,060$4,380$3,121$2,198$459
29 years$7,876$5,717$4,076$2,862$1,985$387
30 years$7,532$5,399$3,797$2,627$1,794$326
31 years$7,210$5,104$3,540$2,413$1,622$275
32 years$6,909$4,830$3,303$2,217$1,467$232
33 years$6,626$4,574$3,084$2,039$1,328$195
34 years$6,361$4,335$2,881$1,876$1,202$165
35 years$6,112$4,111$2,694$1,727$1,089$139
36 years$5,876$3,902$2,520$1,590$986$117
37 years$5,655$3,706$2,359$1,465$894$99
38 years$5,445$3,522$2,209$1,351$810$83
39 years$5,247$3,349$2,069$1,245$735$70
40 years$5,058$3,187$1,940$1,149$667$59
41 years$4,880$3,033$1,819$1,060$605$50
42 years$4,711$2,889$1,706$978$549$42
43 years$4,550$2,753$1,601$903$498$36
44 years$4,396$2,624$1,503$834$452$30
45 years$4,250$2,502$1,411$770$410$25
46 years$4,111$2,387$1,325$711$373$21
47 years$3,978$2,278$1,245$657$338$18
48 years$3,850$2,174$1,170$607$307$15
49 years$3,729$2,076$1,100$561$279$13
50 years$3,612$1,984$1,034$519$253$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $3,700,000, adding $5,047 every year, while hoping to spend $25,003 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: 58/36/6 Blend
64$3,700,000$3,700,000$3,700,000$3,700,000
65$4,082,606$3,886,506$3,829,156$4,314,174
66$4,472,429$4,050,342$3,930,830$4,634,016
67$4,901,176$4,221,368$4,035,072$4,979,170
68$5,372,790$4,399,909$4,141,941$5,354,727
69$5,891,618$4,586,308$4,251,499$5,763,596
70$6,462,446$4,780,920$4,363,808$6,208,977
71$7,090,550$4,984,120$4,478,930$6,694,386
72$7,781,742$5,196,298$4,596,930$7,223,689
73$8,542,427$5,417,863$4,717,874$7,801,139
74$9,379,660$5,649,244$4,841,828$8,431,412
75$10,301,216$5,890,888$4,968,861$9,119,651
76$11,315,664$6,143,265$5,099,041$9,871,513
77$12,432,443$6,406,866$5,232,440$10,693,222
78$13,661,954$6,682,205$5,369,129$11,591,624
79$15,015,660$6,969,820$5,509,182$12,574,254
80$16,506,190$7,270,273$5,652,671$13,649,401
81$18,147,460$7,584,155$5,799,675$14,826,187
82$19,954,805$7,912,083$5,950,268$16,114,652
83$21,945,123$8,254,703$6,104,530$17,525,845
84$24,137,034$8,612,692$6,262,540$19,071,928
85$26,551,055$8,986,757$6,424,379$20,766,287
86$29,209,796$9,377,642$6,590,128$22,623,658
87$32,138,170$9,786,121$6,759,873$24,660,264
88$35,363,631$10,213,008$6,933,696$26,893,965
89$38,916,431$10,659,155$7,111,684$29,344,423
90$42,829,906$11,125,453$7,293,925$32,033,289
91$47,140,792$11,612,836$7,480,507$34,984,399
92$51,889,568$12,122,281$7,671,520$38,224,002
93$57,120,843$12,654,812$7,867,055$41,781,001
94$62,883,772$13,211,500$8,067,204$45,687,227
95$69,232,523$13,793,470$8,272,061$49,977,730
96$76,226,786$14,401,896$8,481,721$54,691,112
97$83,932,340$15,038,010$8,696,280$59,869,888
98$92,421,668$15,703,102$8,915,835$65,560,880
99$101,774,647$16,398,523$9,140,484$71,815,657
100$112,079,298$17,125,687$9,370,327$78,691,021