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%18.4%
1 years$338,574$335,558$332,616$329,744$326,940$315,843
2 years$167,611$164,489$161,464$158,531$155,686$144,617
3 years$110,631$107,496$104,478$101,572$98,773$88,080
4 years$82,146$79,021$76,033$73,177$70,446$60,210
5 years$65,060$61,953$59,005$56,207$53,552$43,801
6 years$53,673$50,589$47,685$44,949$42,374$33,115
7 years$45,542$42,485$39,626$36,955$34,461$25,694
8 years$39,447$36,417$33,606$31,001$28,589$20,306
9 years$34,709$31,708$28,945$26,406$24,076$16,267
10 years$30,921$27,949$25,235$22,762$20,514$13,166
11 years$27,823$24,881$22,216$19,810$17,643$10,742
12 years$25,244$22,332$19,716$17,376$15,289$8,819
13 years$23,063$20,182$17,615$15,340$13,332$7,277
14 years$21,195$18,345$15,827$13,617$11,687$6,029
15 years$19,578$16,758$14,290$12,144$10,290$5,011
16 years$18,165$15,375$12,956$10,874$9,094$4,176
17 years$16,918$14,160$11,790$9,770$8,064$3,488
18 years$15,812$13,085$10,762$8,805$7,170$2,919
19 years$14,823$12,127$9,852$7,956$6,391$2,446
20 years$13,935$11,269$9,042$7,206$5,708$2,053
21 years$13,132$10,496$8,317$6,540$5,108$1,724
22 years$12,402$9,798$7,665$5,946$4,579$1,450
23 years$11,738$9,164$7,078$5,415$4,110$1,220
24 years$11,129$8,586$6,546$4,939$3,694$1,027
25 years$10,570$8,057$6,062$4,510$3,324$865
26 years$10,055$7,573$5,623$4,124$2,994$729
27 years$9,579$7,127$5,221$3,775$2,700$614
28 years$9,138$6,716$4,854$3,459$2,436$518
29 years$8,728$6,335$4,517$3,172$2,200$437
30 years$8,346$5,983$4,207$2,911$1,988$369
31 years$7,989$5,656$3,922$2,673$1,797$311
32 years$7,655$5,352$3,660$2,457$1,625$262
33 years$7,342$5,068$3,417$2,259$1,471$221
34 years$7,049$4,803$3,193$2,079$1,332$187
35 years$6,772$4,556$2,985$1,914$1,206$158
36 years$6,512$4,324$2,792$1,762$1,093$133
37 years$6,266$4,107$2,614$1,624$991$112
38 years$6,034$3,903$2,447$1,497$898$95
39 years$5,814$3,712$2,293$1,380$814$80
40 years$5,605$3,531$2,149$1,273$739$68
41 years$5,408$3,361$2,015$1,174$670$57
42 years$5,220$3,201$1,890$1,084$608$48
43 years$5,041$3,050$1,774$1,000$552$41
44 years$4,871$2,907$1,665$924$501$34
45 years$4,709$2,773$1,563$853$455$29
46 years$4,555$2,645$1,468$788$413$25
47 years$4,408$2,524$1,380$728$375$21
48 years$4,267$2,410$1,296$673$341$18
49 years$4,132$2,301$1,219$622$309$15
50 years$4,003$2,198$1,146$575$281$12

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 $2,156 every year, while hoping to spend $51,749 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: 39/37/24 Blend
64$4,100,000$4,100,000$4,100,000$4,100,000
65$4,520,424$4,303,124$4,239,574$4,664,397
66$4,926,447$4,458,916$4,326,539$4,924,713
67$5,372,149$4,620,608$4,414,683$5,201,003
68$5,861,524$4,788,434$4,503,991$5,498,735
69$6,398,971$4,962,638$4,594,445$5,819,890
70$6,989,333$5,143,475$4,686,026$6,166,645
71$7,637,948$5,331,208$4,778,712$6,541,391
72$8,350,697$5,526,116$4,872,477$6,946,757
73$9,134,057$5,728,485$4,967,294$7,385,631
74$9,995,166$5,938,615$5,063,133$7,861,190
75$10,941,884$6,156,818$5,159,959$8,376,925
76$11,982,874$6,383,421$5,257,736$8,936,677
77$13,127,681$6,618,762$5,356,424$9,544,670
78$14,386,819$6,863,195$5,455,978$10,205,548
79$15,771,871$7,117,089$5,556,351$10,924,422
80$17,295,604$7,380,828$5,657,490$11,706,915
81$18,972,080$7,654,813$5,759,341$12,559,212
82$20,816,795$7,939,462$5,861,841$13,488,121
83$22,846,822$8,235,209$5,964,927$14,501,131
84$25,080,973$8,542,510$6,068,527$15,606,488
85$27,539,976$8,861,837$6,172,567$16,813,265
86$30,246,672$9,193,684$6,276,965$18,131,450
87$33,226,225$9,538,568$6,381,636$19,572,037
88$36,506,366$9,897,023$6,486,487$21,147,130
89$40,117,650$10,269,612$6,591,419$22,870,054
90$44,093,745$10,656,918$6,696,327$24,755,480
91$48,471,751$11,059,551$6,801,098$26,819,562
92$53,292,548$11,478,147$6,905,612$29,080,086
93$58,601,181$11,913,370$7,009,744$31,556,638
94$64,447,288$12,365,911$7,113,357$34,270,787
95$70,885,564$12,836,494$7,216,307$37,246,285
96$77,976,281$13,325,872$7,318,443$40,509,291
97$85,785,854$13,834,832$7,419,603$44,088,613
98$94,387,467$14,364,194$7,519,615$48,015,982
99$103,861,765$14,914,816$7,618,299$52,326,345
100$114,297,615$15,487,592$7,715,462$57,058,195