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

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 $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%14.1%
1 years$330,316$327,374$324,503$321,702$318,966$313,552
2 years$163,523$160,477$157,526$154,664$151,888$146,451
3 years$107,932$104,874$101,930$99,095$96,364$91,073
4 years$80,143$77,093$74,179$71,392$68,728$63,622
5 years$63,473$60,442$57,566$54,836$52,246$47,341
6 years$52,364$49,356$46,522$43,853$41,340$36,642
7 years$44,431$41,449$38,660$36,054$33,621$29,131
8 years$38,485$35,529$32,787$30,245$27,892$23,609
9 years$33,863$30,935$28,239$25,762$23,489$19,410
10 years$30,167$27,267$24,619$22,207$20,014$16,136
11 years$27,145$24,274$21,675$19,327$17,212$13,532
12 years$24,628$21,787$19,236$16,952$14,916$11,427
13 years$22,501$19,689$17,186$14,966$13,007$9,705
14 years$20,678$17,897$15,441$13,285$11,402$8,281
15 years$19,101$16,349$13,942$11,848$10,039$7,094
16 years$17,722$15,000$12,640$10,609$8,873$6,096
17 years$16,506$13,815$11,502$9,532$7,867$5,253
18 years$15,426$12,765$10,500$8,590$6,995$4,538
19 years$14,462$11,831$9,612$7,762$6,235$3,927
20 years$13,595$10,994$8,821$7,030$5,569$3,404
21 years$12,811$10,240$8,114$6,380$4,984$2,956
22 years$12,100$9,559$7,478$5,801$4,467$2,569
23 years$11,451$8,940$6,905$5,283$4,010$2,236
24 years$10,858$8,376$6,386$4,818$3,604$1,947
25 years$10,313$7,861$5,915$4,400$3,243$1,697
26 years$9,810$7,388$5,486$4,024$2,921$1,480
27 years$9,346$6,953$5,094$3,683$2,634$1,292
28 years$8,915$6,552$4,735$3,374$2,377$1,128
29 years$8,515$6,181$4,407$3,094$2,146$986
30 years$8,142$5,837$4,105$2,840$1,939$862
31 years$7,794$5,518$3,827$2,608$1,753$753
32 years$7,469$5,221$3,570$2,397$1,586$659
33 years$7,163$4,945$3,334$2,204$1,435$576
34 years$6,877$4,686$3,115$2,028$1,299$504
35 years$6,607$4,445$2,912$1,867$1,177$441
36 years$6,353$4,219$2,724$1,719$1,066$386
37 years$6,113$4,007$2,550$1,584$966$338
38 years$5,886$3,808$2,388$1,460$876$296
39 years$5,672$3,621$2,237$1,346$795$259
40 years$5,469$3,445$2,097$1,242$721$227
41 years$5,276$3,279$1,966$1,146$654$199
42 years$5,093$3,123$1,844$1,057$593$174
43 years$4,918$2,976$1,731$976$538$153
44 years$4,753$2,837$1,624$901$489$134
45 years$4,595$2,705$1,525$832$444$117
46 years$4,444$2,580$1,433$769$403$103
47 years$4,300$2,462$1,346$710$366$90
48 years$4,163$2,351$1,265$656$332$79
49 years$4,031$2,245$1,189$607$302$69
50 years$3,905$2,144$1,118$561$274$61

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 $2,582 every year, while hoping to spend $39,113 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: 55/21/24 Blend
64$4,000,000$4,000,000$4,000,000$4,000,000
65$4,410,663$4,198,663$4,136,663$4,624,086
66$4,818,935$4,362,782$4,233,626$4,935,040
67$5,267,540$4,533,631$4,332,525$5,269,204
68$5,760,550$4,711,500$4,433,386$5,632,318
69$6,302,452$4,896,690$4,536,230$6,027,174
70$6,898,189$5,089,515$4,641,082$6,456,842
71$7,553,208$5,290,305$4,747,961$6,924,702
72$8,273,508$5,499,402$4,856,891$7,434,471
73$9,065,699$5,717,167$4,967,890$7,990,239
74$9,937,066$5,943,973$5,080,979$8,596,509
75$10,895,631$6,180,212$5,196,177$9,258,235
76$11,950,237$6,426,295$5,313,501$9,980,872
77$13,110,626$6,682,647$5,432,967$10,770,421
78$14,387,530$6,949,717$5,554,592$11,633,490
79$15,792,776$7,227,972$5,678,389$12,577,355
80$17,339,396$7,517,899$5,804,372$13,610,024
81$19,041,748$7,820,009$5,932,551$14,740,315
82$20,915,651$8,134,835$6,062,937$15,977,938
83$22,978,540$8,462,934$6,195,538$17,333,582
84$25,249,622$8,804,889$6,330,359$18,819,021
85$27,750,064$9,161,309$6,467,407$20,447,218
86$30,503,188$9,532,831$6,606,682$22,232,451
87$33,534,693$9,920,119$6,748,186$24,190,441
88$36,872,897$10,323,870$6,891,915$26,338,507
89$40,549,004$10,744,812$7,037,866$28,695,720
90$44,597,399$11,183,704$7,186,031$31,283,085
91$49,055,971$11,641,342$7,336,400$34,123,742
92$53,966,471$12,118,559$7,488,960$37,243,174
93$59,374,905$12,616,223$7,643,695$40,669,456
94$65,331,971$13,135,244$7,800,585$44,433,509
95$71,893,534$13,676,572$7,959,606$48,569,398
96$79,121,154$14,241,204$8,120,733$53,114,647
97$87,082,668$14,830,179$8,283,933$58,110,593
98$95,852,827$15,444,585$8,449,172$63,602,775
99$105,514,006$16,085,560$8,616,410$69,641,361
100$116,156,977$16,754,295$8,785,602$76,281,619