Can I retire at age 65 with 3,800,000?

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$313,800$311,005$308,278$305,616$303,017$296,657
2 years$155,347$152,454$149,650$146,931$144,294$137,916
3 years$102,536$99,630$96,833$94,140$91,546$85,349
4 years$76,135$73,239$70,470$67,823$65,291$59,324
5 years$60,299$57,420$54,687$52,094$49,633$43,912
6 years$49,745$46,888$44,196$41,660$39,273$33,804
7 years$42,210$39,376$36,727$34,251$31,940$26,723
8 years$36,561$33,753$31,147$28,732$26,497$21,532
9 years$32,169$29,388$26,827$24,474$22,314$17,598
10 years$28,658$25,904$23,388$21,097$19,013$14,540
11 years$25,787$23,061$20,591$18,360$16,352$12,116
12 years$23,397$20,698$18,274$16,104$14,170$10,166
13 years$21,376$18,705$16,326$14,218$12,357$8,577
14 years$19,645$17,002$14,669$12,621$10,832$7,269
15 years$18,146$15,532$13,244$11,256$9,537$6,184
16 years$16,835$14,250$12,008$10,078$8,429$5,277
17 years$15,681$13,124$10,927$9,055$7,474$4,515
18 years$14,655$12,127$9,975$8,161$6,645$3,871
19 years$13,739$11,239$9,131$7,374$5,923$3,326
20 years$12,915$10,444$8,380$6,678$5,291$2,862
21 years$12,171$9,728$7,708$6,061$4,734$2,466
22 years$11,495$9,081$7,104$5,511$4,244$2,127
23 years$10,879$8,493$6,560$5,019$3,809$1,836
24 years$10,315$7,958$6,067$4,578$3,424$1,587
25 years$9,797$7,468$5,619$4,180$3,081$1,372
26 years$9,320$7,019$5,211$3,822$2,775$1,188
27 years$8,878$6,605$4,839$3,499$2,502$1,028
28 years$8,469$6,224$4,499$3,206$2,258$891
29 years$8,089$5,872$4,186$2,940$2,039$772
30 years$7,735$5,545$3,899$2,698$1,842$669
31 years$7,405$5,242$3,635$2,478$1,665$580
32 years$7,095$4,960$3,392$2,277$1,507$503
33 years$6,805$4,697$3,167$2,094$1,363$436
34 years$6,533$4,452$2,959$1,927$1,234$379
35 years$6,277$4,223$2,766$1,774$1,118$329
36 years$6,035$4,008$2,588$1,633$1,013$285
37 years$5,807$3,807$2,422$1,505$918$248
38 years$5,592$3,618$2,268$1,387$832$215
39 years$5,388$3,440$2,125$1,279$755$187
40 years$5,195$3,273$1,992$1,180$685$162
41 years$5,012$3,115$1,868$1,088$621$141
42 years$4,838$2,967$1,752$1,005$564$122
43 years$4,672$2,827$1,644$927$512$106
44 years$4,515$2,695$1,543$856$464$92
45 years$4,365$2,570$1,449$791$421$80
46 years$4,222$2,451$1,361$730$383$70
47 years$4,085$2,339$1,279$675$348$60
48 years$3,954$2,233$1,202$624$316$52
49 years$3,830$2,133$1,129$576$287$46
50 years$3,710$2,037$1,062$533$260$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $3,800,000, adding $4,444 every year, while hoping to spend $52,571 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: 65/14/21 Blend
64$3,800,000$3,800,000$3,800,000$3,800,000
65$4,192,184$3,990,784$3,931,884$4,441,937
66$4,563,852$4,130,397$4,007,667$4,749,967
67$4,971,667$4,275,090$4,084,227$5,080,092
68$5,419,263$4,425,054$4,161,534$5,439,653
69$5,910,638$4,580,493$4,239,556$5,831,537
70$6,450,201$4,741,614$4,318,258$6,258,923
71$7,042,803$4,908,635$4,397,602$6,725,314
72$7,693,794$5,081,783$4,477,546$7,234,563
73$8,409,064$5,261,293$4,558,047$7,790,915
74$9,195,101$5,447,410$4,639,055$8,399,044
75$10,059,057$5,640,388$4,720,518$9,064,097
76$11,008,807$5,840,493$4,802,381$9,791,745
77$12,053,028$6,048,000$4,884,584$10,588,229
78$13,201,282$6,263,197$4,967,063$11,460,426
79$14,464,101$6,486,383$5,049,748$12,415,911
80$15,853,091$6,717,867$5,132,566$13,463,026
81$17,381,038$6,957,974$5,215,439$14,610,961
82$19,062,030$7,207,041$5,298,282$15,869,839
83$20,911,589$7,465,418$5,381,007$17,250,809
84$22,946,818$7,733,470$5,463,517$18,766,157
85$25,186,561$8,011,578$5,545,713$20,429,414
86$27,651,582$8,300,137$5,627,485$22,255,488
87$30,364,758$8,599,559$5,708,721$24,260,804
88$33,351,299$8,910,273$5,789,299$26,463,454
89$36,638,982$9,232,726$5,869,090$28,883,373
90$40,258,412$9,567,383$5,947,959$31,542,524
91$44,243,315$9,914,730$6,025,760$34,465,104
92$48,630,852$10,275,271$6,102,342$37,677,774
93$53,461,971$10,649,532$6,177,544$41,209,907
94$58,781,795$11,038,061$6,251,194$45,093,867
95$64,640,041$11,441,429$6,323,112$49,365,313
96$71,091,497$11,860,232$6,393,108$54,063,535
97$78,196,535$12,295,087$6,460,982$59,231,826
98$86,021,677$12,746,643$6,526,521$64,917,885
99$94,640,231$13,215,571$6,589,502$71,174,272
100$104,132,974$13,702,574$6,649,690$78,058,901