Can I retire at age 65 with 4,000,000?

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 $4,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$330,316$327,374$324,503$321,702$318,966$308,755
2 years$163,523$160,477$157,526$154,664$151,888$141,696
3 years$107,932$104,874$101,930$99,095$96,364$86,509
4 years$80,143$77,093$74,179$71,392$68,728$59,286
5 years$63,473$60,442$57,566$54,836$52,246$43,242
6 years$52,364$49,356$46,522$43,853$41,340$32,783
7 years$44,431$41,449$38,660$36,054$33,621$25,508
8 years$38,485$35,529$32,787$30,245$27,892$20,219
9 years$33,863$30,935$28,239$25,762$23,489$16,247
10 years$30,167$27,267$24,619$22,207$20,014$13,191
11 years$27,145$24,274$21,675$19,327$17,212$10,797
12 years$24,628$21,787$19,236$16,952$14,916$8,894
13 years$22,501$19,689$17,186$14,966$13,007$7,364
14 years$20,678$17,897$15,441$13,285$11,402$6,122
15 years$19,101$16,349$13,942$11,848$10,039$5,107
16 years$17,722$15,000$12,640$10,609$8,873$4,271
17 years$16,506$13,815$11,502$9,532$7,867$3,581
18 years$15,426$12,765$10,500$8,590$6,995$3,008
19 years$14,462$11,831$9,612$7,762$6,235$2,530
20 years$13,595$10,994$8,821$7,030$5,569$2,131
21 years$12,811$10,240$8,114$6,380$4,984$1,797
22 years$12,100$9,559$7,478$5,801$4,467$1,517
23 years$11,451$8,940$6,905$5,283$4,010$1,281
24 years$10,858$8,376$6,386$4,818$3,604$1,083
25 years$10,313$7,861$5,915$4,400$3,243$916
26 years$9,810$7,388$5,486$4,024$2,921$775
27 years$9,346$6,953$5,094$3,683$2,634$656
28 years$8,915$6,552$4,735$3,374$2,377$555
29 years$8,515$6,181$4,407$3,094$2,146$470
30 years$8,142$5,837$4,105$2,840$1,939$398
31 years$7,794$5,518$3,827$2,608$1,753$337
32 years$7,469$5,221$3,570$2,397$1,586$286
33 years$7,163$4,945$3,334$2,204$1,435$242
34 years$6,877$4,686$3,115$2,028$1,299$205
35 years$6,607$4,445$2,912$1,867$1,177$174
36 years$6,353$4,219$2,724$1,719$1,066$148
37 years$6,113$4,007$2,550$1,584$966$125
38 years$5,886$3,808$2,388$1,460$876$106
39 years$5,672$3,621$2,237$1,346$795$90
40 years$5,469$3,445$2,097$1,242$721$76
41 years$5,276$3,279$1,966$1,146$654$65
42 years$5,093$3,123$1,844$1,057$593$55
43 years$4,918$2,976$1,731$976$538$47
44 years$4,753$2,837$1,624$901$489$39
45 years$4,595$2,705$1,525$832$444$33
46 years$4,444$2,580$1,433$769$403$28
47 years$4,300$2,462$1,346$710$366$24
48 years$4,163$2,351$1,265$656$332$20
49 years$4,031$2,245$1,189$607$302$17
50 years$3,905$2,144$1,118$561$274$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $4,000,000, adding $5,191 every year, while hoping to spend $52,345 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: 57/36/7 Blend
64$4,000,000$4,000,000$4,000,000$4,000,000
65$4,413,355$4,201,355$4,139,355$4,657,847
66$4,807,822$4,351,526$4,222,328$4,973,111
67$5,240,771$4,507,302$4,306,327$5,310,105
68$5,716,071$4,668,901$4,391,330$5,675,977
69$6,237,985$4,836,552$4,477,315$6,073,490
70$6,811,208$5,010,492$4,564,254$6,505,681
71$7,440,915$5,190,969$4,652,119$6,975,892
72$8,132,802$5,378,241$4,740,880$7,487,797
73$8,893,149$5,572,576$4,830,501$8,045,439
74$9,728,872$5,774,254$4,920,944$8,653,265
75$10,647,590$5,983,566$5,012,169$9,316,168
76$11,657,698$6,200,814$5,104,130$10,039,533
77$12,768,445$6,426,315$5,196,780$10,829,286
78$13,990,020$6,660,399$5,290,066$11,691,947
79$15,333,650$6,903,407$5,383,932$12,634,694
80$16,811,706$7,155,697$5,478,316$13,665,428
81$18,437,814$7,417,640$5,573,154$14,792,845
82$20,226,992$7,689,626$5,668,376$16,026,519
83$22,195,785$7,972,057$5,763,906$17,376,990
84$24,362,422$8,265,355$5,859,664$18,855,862
85$26,746,990$8,569,958$5,955,564$20,475,912
86$29,371,622$8,886,324$6,051,514$22,251,209
87$32,260,703$9,214,931$6,147,416$24,197,245
88$35,441,106$9,556,274$6,243,165$26,331,078
89$38,942,440$9,910,871$6,338,652$28,671,495
90$42,797,329$10,279,264$6,433,757$31,239,185
91$47,041,723$10,662,015$6,528,355$34,056,933
92$51,715,237$11,059,712$6,622,312$37,149,835
93$56,861,519$11,472,966$6,715,488$40,545,530
94$62,528,670$11,902,416$6,807,732$44,274,462
95$68,769,688$12,348,729$6,898,886$48,370,162
96$75,642,978$12,812,599$6,988,780$52,869,566
97$83,212,895$13,294,750$7,077,238$57,813,360
98$91,550,356$13,795,937$7,164,070$63,246,361
99$100,733,504$14,316,950$7,249,078$69,217,939
100$110,848,451$14,858,610$7,332,052$75,782,479