Can I retire at age 65 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$338,574$335,558$332,616$329,744$326,940$320,470
2 years$167,611$164,489$161,464$158,531$155,686$149,194
3 years$110,631$107,496$104,478$101,572$98,773$92,464
4 years$82,146$79,021$76,033$73,177$70,446$64,366
5 years$65,060$61,953$59,005$56,207$53,552$47,719
6 years$53,673$50,589$47,685$44,949$42,374$36,795
7 years$45,542$42,485$39,626$36,955$34,461$29,137
8 years$39,447$36,417$33,606$31,001$28,589$23,518
9 years$34,709$31,708$28,945$26,406$24,076$19,255
10 years$30,921$27,949$25,235$22,762$20,514$15,939
11 years$27,823$24,881$22,216$19,810$17,643$13,307
12 years$25,244$22,332$19,716$17,376$15,289$11,187
13 years$23,063$20,182$17,615$15,340$13,332$9,457
14 years$21,195$18,345$15,827$13,617$11,687$8,032
15 years$19,578$16,758$14,290$12,144$10,290$6,847
16 years$18,165$15,375$12,956$10,874$9,094$5,855
17 years$16,918$14,160$11,790$9,770$8,064$5,020
18 years$15,812$13,085$10,762$8,805$7,170$4,314
19 years$14,823$12,127$9,852$7,956$6,391$3,714
20 years$13,935$11,269$9,042$7,206$5,708$3,203
21 years$13,132$10,496$8,317$6,540$5,108$2,766
22 years$12,402$9,798$7,665$5,946$4,579$2,392
23 years$11,738$9,164$7,078$5,415$4,110$2,070
24 years$11,129$8,586$6,546$4,939$3,694$1,793
25 years$10,570$8,057$6,062$4,510$3,324$1,554
26 years$10,055$7,573$5,623$4,124$2,994$1,348
27 years$9,579$7,127$5,221$3,775$2,700$1,170
28 years$9,138$6,716$4,854$3,459$2,436$1,016
29 years$8,728$6,335$4,517$3,172$2,200$883
30 years$8,346$5,983$4,207$2,911$1,988$767
31 years$7,989$5,656$3,922$2,673$1,797$667
32 years$7,655$5,352$3,660$2,457$1,625$580
33 years$7,342$5,068$3,417$2,259$1,471$504
34 years$7,049$4,803$3,193$2,079$1,332$439
35 years$6,772$4,556$2,985$1,914$1,206$382
36 years$6,512$4,324$2,792$1,762$1,093$332
37 years$6,266$4,107$2,614$1,624$991$289
38 years$6,034$3,903$2,447$1,497$898$252
39 years$5,814$3,712$2,293$1,380$814$219
40 years$5,605$3,531$2,149$1,273$739$191
41 years$5,408$3,361$2,015$1,174$670$166
42 years$5,220$3,201$1,890$1,084$608$144
43 years$5,041$3,050$1,774$1,000$552$126
44 years$4,871$2,907$1,665$924$501$110
45 years$4,709$2,773$1,563$853$455$95
46 years$4,555$2,645$1,468$788$413$83
47 years$4,408$2,524$1,380$728$375$72
48 years$4,267$2,410$1,296$673$341$63
49 years$4,132$2,301$1,219$622$309$55
50 years$4,003$2,198$1,146$575$281$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $4,100,000, adding $5,693 every year, while hoping to spend $35,093 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: 58/16/26 Blend
64$4,100,000$4,100,000$4,100,000$4,100,000
65$4,524,072$4,306,772$4,243,222$4,754,206
66$4,948,189$4,480,465$4,348,032$5,085,872
67$5,414,389$4,661,493$4,455,176$5,443,112
68$5,926,929$4,850,179$4,564,696$5,831,897
69$6,490,496$5,046,858$4,676,634$6,255,291
70$7,110,257$5,251,883$4,791,031$6,716,666
71$7,791,901$5,465,624$4,907,928$7,219,732
72$8,541,700$5,688,464$5,027,369$7,768,574
73$9,366,561$5,920,807$5,149,394$8,367,685
74$10,274,097$6,163,073$5,274,045$9,022,013
75$11,272,694$6,415,703$5,401,365$9,737,004
76$12,371,593$6,679,157$5,531,395$10,518,653
77$13,580,976$6,953,916$5,664,177$11,373,559
78$14,912,061$7,240,484$5,799,753$12,308,989
79$16,377,211$7,539,387$5,938,164$13,332,944
80$17,990,046$7,851,177$6,079,452$14,454,233
81$19,765,575$8,176,428$6,223,658$15,682,557
82$21,720,334$8,515,744$6,370,821$17,028,598
83$23,872,548$8,869,754$6,520,983$18,504,120
84$26,242,294$9,239,119$6,674,182$20,122,078
85$28,851,699$9,624,526$6,830,458$21,896,740
86$31,725,142$10,026,698$6,989,849$23,843,822
87$34,889,490$10,446,390$7,152,392$25,980,630
88$38,374,346$10,884,391$7,318,125$28,326,229
89$42,212,330$11,341,527$7,487,083$30,901,618
90$46,439,388$11,818,662$7,659,300$33,729,925
91$51,095,130$12,316,701$7,834,811$36,836,629
92$56,223,204$12,836,590$8,013,648$40,249,795
93$61,871,707$13,379,319$8,195,842$44,000,341
94$68,093,640$13,945,925$8,381,421$48,122,323
95$74,947,407$14,537,491$8,570,415$52,653,263
96$82,497,368$15,155,153$8,762,849$57,634,491
97$90,814,442$15,800,098$8,958,747$63,111,546
98$99,976,781$16,473,569$9,158,131$69,134,591
99$110,070,506$17,176,867$9,361,022$75,758,897
100$121,190,518$17,911,354$9,567,436$83,045,354