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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.9%
1 years$338,574$335,558$332,616$329,744$326,940$316,474
2 years$167,611$164,489$161,464$158,531$155,686$145,238
3 years$110,631$107,496$104,478$101,572$98,773$88,672
4 years$82,146$79,021$76,033$73,177$70,446$60,768
5 years$65,060$61,953$59,005$56,207$53,552$44,323
6 years$53,673$50,589$47,685$44,949$42,374$33,602
7 years$45,542$42,485$39,626$36,955$34,461$26,146
8 years$39,447$36,417$33,606$31,001$28,589$20,724
9 years$34,709$31,708$28,945$26,406$24,076$16,653
10 years$30,921$27,949$25,235$22,762$20,514$13,521
11 years$27,823$24,881$22,216$19,810$17,643$11,067
12 years$25,244$22,332$19,716$17,376$15,289$9,117
13 years$23,063$20,182$17,615$15,340$13,332$7,548
14 years$21,195$18,345$15,827$13,617$11,687$6,275
15 years$19,578$16,758$14,290$12,144$10,290$5,234
16 years$18,165$15,375$12,956$10,874$9,094$4,378
17 years$16,918$14,160$11,790$9,770$8,064$3,670
18 years$15,812$13,085$10,762$8,805$7,170$3,083
19 years$14,823$12,127$9,852$7,956$6,391$2,593
20 years$13,935$11,269$9,042$7,206$5,708$2,184
21 years$13,132$10,496$8,317$6,540$5,108$1,842
22 years$12,402$9,798$7,665$5,946$4,579$1,555
23 years$11,738$9,164$7,078$5,415$4,110$1,313
24 years$11,129$8,586$6,546$4,939$3,694$1,110
25 years$10,570$8,057$6,062$4,510$3,324$939
26 years$10,055$7,573$5,623$4,124$2,994$794
27 years$9,579$7,127$5,221$3,775$2,700$672
28 years$9,138$6,716$4,854$3,459$2,436$569
29 years$8,728$6,335$4,517$3,172$2,200$482
30 years$8,346$5,983$4,207$2,911$1,988$408
31 years$7,989$5,656$3,922$2,673$1,797$346
32 years$7,655$5,352$3,660$2,457$1,625$293
33 years$7,342$5,068$3,417$2,259$1,471$248
34 years$7,049$4,803$3,193$2,079$1,332$211
35 years$6,772$4,556$2,985$1,914$1,206$178
36 years$6,512$4,324$2,792$1,762$1,093$151
37 years$6,266$4,107$2,614$1,624$991$128
38 years$6,034$3,903$2,447$1,497$898$109
39 years$5,814$3,712$2,293$1,380$814$92
40 years$5,605$3,531$2,149$1,273$739$78
41 years$5,408$3,361$2,015$1,174$670$66
42 years$5,220$3,201$1,890$1,084$608$56
43 years$5,041$3,050$1,774$1,000$552$48
44 years$4,871$2,907$1,665$924$501$40
45 years$4,709$2,773$1,563$853$455$34
46 years$4,555$2,645$1,468$788$413$29
47 years$4,408$2,524$1,380$728$375$25
48 years$4,267$2,410$1,296$673$341$21
49 years$4,132$2,301$1,219$622$309$18
50 years$4,003$2,198$1,146$575$281$15

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 $4,415 every year, while hoping to spend $56,196 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: 59/24/17 Blend
64$4,100,000$4,100,000$4,100,000$4,100,000
65$4,522,754$4,305,454$4,241,904$4,769,473
66$4,924,283$4,456,629$4,324,216$5,088,056
67$5,364,884$4,613,328$4,407,401$5,428,739
68$5,848,484$4,775,763$4,491,431$5,798,974
69$6,379,407$4,944,153$4,576,272$6,201,626
70$6,962,417$5,118,727$4,661,887$6,639,841
71$7,602,762$5,299,723$4,748,239$7,117,085
72$8,306,223$5,487,389$4,835,284$7,637,172
73$9,079,168$5,681,981$4,922,976$8,204,299
74$9,928,613$5,883,768$5,011,266$8,823,087
75$10,862,288$6,093,030$5,100,100$9,498,622
76$11,888,708$6,310,054$5,189,420$10,236,504
77$13,017,254$6,535,145$5,279,163$11,042,898
78$14,258,263$6,768,616$5,369,264$11,924,592
79$15,623,122$7,010,795$5,459,651$12,889,060
80$17,124,378$7,262,021$5,550,247$13,944,531
81$18,775,855$7,522,650$5,640,970$15,100,070
82$20,592,783$7,793,051$5,731,734$16,365,656
83$22,591,944$8,073,608$5,822,444$17,752,281
84$24,791,829$8,364,721$5,913,002$19,272,051
85$27,212,810$8,666,807$6,003,303$20,938,299
86$29,877,337$8,980,300$6,093,233$22,765,709
87$32,810,142$9,305,653$6,182,673$24,770,458
88$36,038,482$9,643,334$6,271,498$26,970,361
89$39,592,385$9,993,836$6,359,572$29,385,043
90$43,504,943$10,357,669$6,446,752$32,036,125
91$47,812,618$10,735,365$6,532,888$34,947,419
92$52,555,585$11,127,478$6,617,821$38,145,159
93$57,778,117$11,534,587$6,701,380$41,658,247
94$63,528,996$11,957,292$6,783,387$45,518,520
95$69,861,975$12,396,222$6,863,652$49,761,052
96$76,836,289$12,852,029$6,941,977$54,424,486
97$84,517,208$13,325,395$7,018,150$59,551,394
98$92,976,654$13,817,030$7,091,949$65,188,679
99$102,293,882$14,327,674$7,163,139$71,388,017
100$112,556,226$14,858,099$7,231,472$78,206,340