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%14.2%
1 years$338,574$335,558$332,616$329,744$326,940$321,259
2 years$167,611$164,489$161,464$158,531$155,686$149,981
3 years$110,631$107,496$104,478$101,572$98,773$93,222
4 years$82,146$79,021$76,033$73,177$70,446$65,091
5 years$65,060$61,953$59,005$56,207$53,552$48,409
6 years$53,673$50,589$47,685$44,949$42,374$37,448
7 years$45,542$42,485$39,626$36,955$34,461$29,755
8 years$39,447$36,417$33,606$31,001$28,589$24,100
9 years$34,709$31,708$28,945$26,406$24,076$19,803
10 years$30,921$27,949$25,235$22,762$20,514$16,452
11 years$27,823$24,881$22,216$19,810$17,643$13,788
12 years$25,244$22,332$19,716$17,376$15,289$11,637
13 years$23,063$20,182$17,615$15,340$13,332$9,876
14 years$21,195$18,345$15,827$13,617$11,687$8,422
15 years$19,578$16,758$14,290$12,144$10,290$7,209
16 years$18,165$15,375$12,956$10,874$9,094$6,191
17 years$16,918$14,160$11,790$9,770$8,064$5,331
18 years$15,812$13,085$10,762$8,805$7,170$4,601
19 years$14,823$12,127$9,852$7,956$6,391$3,979
20 years$13,935$11,269$9,042$7,206$5,708$3,447
21 years$13,132$10,496$8,317$6,540$5,108$2,990
22 years$12,402$9,798$7,665$5,946$4,579$2,597
23 years$11,738$9,164$7,078$5,415$4,110$2,258
24 years$11,129$8,586$6,546$4,939$3,694$1,966
25 years$10,570$8,057$6,062$4,510$3,324$1,712
26 years$10,055$7,573$5,623$4,124$2,994$1,492
27 years$9,579$7,127$5,221$3,775$2,700$1,301
28 years$9,138$6,716$4,854$3,459$2,436$1,135
29 years$8,728$6,335$4,517$3,172$2,200$991
30 years$8,346$5,983$4,207$2,911$1,988$866
31 years$7,989$5,656$3,922$2,673$1,797$756
32 years$7,655$5,352$3,660$2,457$1,625$661
33 years$7,342$5,068$3,417$2,259$1,471$578
34 years$7,049$4,803$3,193$2,079$1,332$505
35 years$6,772$4,556$2,985$1,914$1,206$442
36 years$6,512$4,324$2,792$1,762$1,093$386
37 years$6,266$4,107$2,614$1,624$991$338
38 years$6,034$3,903$2,447$1,497$898$296
39 years$5,814$3,712$2,293$1,380$814$259
40 years$5,605$3,531$2,149$1,273$739$226
41 years$5,408$3,361$2,015$1,174$670$198
42 years$5,220$3,201$1,890$1,084$608$173
43 years$5,041$3,050$1,774$1,000$552$152
44 years$4,871$2,907$1,665$924$501$133
45 years$4,709$2,773$1,563$853$455$116
46 years$4,555$2,645$1,468$788$413$102
47 years$4,408$2,524$1,380$728$375$89
48 years$4,267$2,410$1,296$673$341$78
49 years$4,132$2,301$1,219$622$309$68
50 years$4,003$2,198$1,146$575$281$60

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 $2,886 every year, while hoping to spend $44,114 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: 47/30/23 Blend
64$4,100,000$4,100,000$4,100,000$4,100,000
65$4,521,177$4,303,877$4,240,327$4,703,866
66$4,935,400$4,467,830$4,335,441$4,996,125
67$5,390,395$4,638,338$4,432,263$5,308,563
68$5,890,275$4,815,676$4,530,803$5,646,810
69$6,439,569$5,000,131$4,631,071$6,013,304
70$7,043,269$5,192,001$4,733,076$6,410,727
71$7,706,872$5,391,598$4,836,824$6,842,026
72$8,436,437$5,599,250$4,942,320$7,310,443
73$9,238,636$5,815,296$5,049,571$7,819,543
74$10,120,822$6,040,091$5,158,577$8,373,246
75$11,091,096$6,274,006$5,269,340$8,975,865
76$12,158,384$6,517,428$5,381,858$9,632,145
77$13,332,519$6,770,762$5,496,130$10,347,306
78$14,624,336$7,034,429$5,612,151$11,127,091
79$16,045,774$7,308,871$5,729,913$11,977,820
80$17,609,985$7,594,549$5,849,408$12,906,451
81$19,331,464$7,891,941$5,970,623$13,920,637
82$21,226,179$8,201,552$6,093,544$15,028,805
83$23,311,726$8,523,905$6,218,155$16,240,229
84$25,607,494$8,859,549$6,344,436$17,565,120
85$28,134,847$9,209,055$6,472,362$19,014,717
86$30,917,324$9,573,022$6,601,910$20,601,395
87$33,980,865$9,952,074$6,733,047$22,338,779
88$37,354,052$10,346,863$6,865,743$24,241,869
89$41,068,378$10,758,073$6,999,958$26,327,184
90$45,158,548$11,186,414$7,135,652$28,612,913
91$49,662,803$11,632,631$7,272,780$31,119,086
92$54,623,282$12,097,503$7,411,290$33,867,763
93$60,086,418$12,581,842$7,551,130$36,883,234
94$66,103,378$13,086,498$7,692,238$40,192,256
95$72,730,544$13,612,358$7,834,550$43,824,295
96$80,030,048$14,160,351$7,977,996$47,811,807
97$88,070,351$14,731,447$8,122,497$52,190,538
98$96,926,899$15,326,660$8,267,973$56,999,864
99$106,682,826$15,947,050$8,414,333$62,283,156
100$117,429,742$16,593,724$8,561,482$68,088,190