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%14.4%
1 years$330,316$327,374$324,503$321,702$318,966$313,166
2 years$163,523$160,477$157,526$154,664$151,888$146,066
3 years$107,932$104,874$101,930$99,095$96,364$90,701
4 years$80,143$77,093$74,179$71,392$68,728$63,267
5 years$63,473$60,442$57,566$54,836$52,246$47,003
6 years$52,364$49,356$46,522$43,853$41,340$36,321
7 years$44,431$41,449$38,660$36,054$33,621$28,827
8 years$38,485$35,529$32,787$30,245$27,892$23,322
9 years$33,863$30,935$28,239$25,762$23,489$19,140
10 years$30,167$27,267$24,619$22,207$20,014$15,882
11 years$27,145$24,274$21,675$19,327$17,212$13,294
12 years$24,628$21,787$19,236$16,952$14,916$11,205
13 years$22,501$19,689$17,186$14,966$13,007$9,497
14 years$20,678$17,897$15,441$13,285$11,402$8,087
15 years$19,101$16,349$13,942$11,848$10,039$6,913
16 years$17,722$15,000$12,640$10,609$8,873$5,929
17 years$16,506$13,815$11,502$9,532$7,867$5,098
18 years$15,426$12,765$10,500$8,590$6,995$4,394
19 years$14,462$11,831$9,612$7,762$6,235$3,794
20 years$13,595$10,994$8,821$7,030$5,569$3,282
21 years$12,811$10,240$8,114$6,380$4,984$2,843
22 years$12,100$9,559$7,478$5,801$4,467$2,465
23 years$11,451$8,940$6,905$5,283$4,010$2,140
24 years$10,858$8,376$6,386$4,818$3,604$1,860
25 years$10,313$7,861$5,915$4,400$3,243$1,617
26 years$9,810$7,388$5,486$4,024$2,921$1,407
27 years$9,346$6,953$5,094$3,683$2,634$1,225
28 years$8,915$6,552$4,735$3,374$2,377$1,068
29 years$8,515$6,181$4,407$3,094$2,146$930
30 years$8,142$5,837$4,105$2,840$1,939$811
31 years$7,794$5,518$3,827$2,608$1,753$707
32 years$7,469$5,221$3,570$2,397$1,586$617
33 years$7,163$4,945$3,334$2,204$1,435$539
34 years$6,877$4,686$3,115$2,028$1,299$470
35 years$6,607$4,445$2,912$1,867$1,177$410
36 years$6,353$4,219$2,724$1,719$1,066$358
37 years$6,113$4,007$2,550$1,584$966$313
38 years$5,886$3,808$2,388$1,460$876$273
39 years$5,672$3,621$2,237$1,346$795$239
40 years$5,469$3,445$2,097$1,242$721$208
41 years$5,276$3,279$1,966$1,146$654$182
42 years$5,093$3,123$1,844$1,057$593$159
43 years$4,918$2,976$1,731$976$538$139
44 years$4,753$2,837$1,624$901$489$121
45 years$4,595$2,705$1,525$832$444$106
46 years$4,444$2,580$1,433$769$403$93
47 years$4,300$2,462$1,346$710$366$81
48 years$4,163$2,351$1,265$656$332$71
49 years$4,031$2,245$1,189$607$302$62
50 years$3,905$2,144$1,118$561$274$54

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 $3,850 every year, while hoping to spend $53,609 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: 71/12/17 Blend
64$4,000,000$4,000,000$4,000,000$4,000,000
65$4,411,971$4,199,971$4,137,971$4,707,394
66$4,804,953$4,348,730$4,219,554$5,053,055
67$5,236,222$4,502,982$4,302,072$5,424,554
68$5,709,627$4,662,938$4,385,502$5,829,905
69$6,229,407$4,828,821$4,469,815$6,272,447
70$6,800,233$5,000,860$4,554,981$6,755,858
71$7,427,250$5,179,294$4,640,965$7,284,187
72$8,116,124$5,364,374$4,727,732$7,861,895
73$8,873,099$5,556,359$4,815,241$8,493,891
74$9,705,053$5,755,518$4,903,450$9,185,584
75$10,619,563$5,962,134$4,992,310$9,942,930
76$11,624,978$6,176,499$5,081,773$10,772,488
77$12,730,496$6,398,917$5,171,782$11,681,486
78$13,946,249$6,629,706$5,262,279$12,677,879
79$15,283,402$6,869,198$5,353,201$13,770,435
80$16,754,256$7,117,735$5,444,480$14,968,810
81$18,372,363$7,375,677$5,536,043$16,283,639
82$20,152,656$7,643,397$5,627,813$17,726,640
83$22,111,588$7,921,285$5,719,706$19,310,721
84$24,267,287$8,209,744$5,811,632$21,050,101
85$26,639,727$8,509,198$5,903,499$22,960,445
86$29,250,917$8,820,087$5,995,204$25,059,011
87$32,125,107$9,142,868$6,086,640$27,364,812
88$35,289,019$9,478,019$6,177,693$29,898,796
89$38,772,094$9,826,038$6,268,241$32,684,040
90$42,606,777$10,187,443$6,358,157$35,745,972
91$46,828,815$10,562,774$6,447,302$39,112,605
92$51,477,600$10,952,596$6,535,532$42,814,808
93$56,596,536$11,357,494$6,622,693$46,886,586
94$62,233,453$11,778,082$6,708,624$51,365,413
95$68,441,054$12,214,996$6,793,151$56,292,573
96$75,277,413$12,668,903$6,876,093$61,713,558
97$82,806,525$13,140,495$6,957,259$67,678,493
98$91,098,908$13,630,496$7,036,443$74,242,607
99$100,232,266$14,139,659$7,113,434$81,466,757
100$110,292,226$14,668,772$7,188,003$89,417,997