Can I retire at age 65 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$363,348$360,111$356,954$353,872$350,862$340,861
2 years$179,875$176,525$173,278$170,131$167,077$157,079
3 years$118,726$115,361$112,123$109,004$106,001$96,318
4 years$88,157$84,803$81,597$78,531$75,601$66,309
5 years$69,820$66,486$63,322$60,320$57,470$48,594
6 years$57,600$54,291$51,174$48,238$45,474$37,022
7 years$48,875$45,594$42,526$39,659$36,983$28,955
8 years$42,334$39,082$36,065$33,269$30,681$23,073
9 years$37,249$34,028$31,063$28,338$25,838$18,642
10 years$33,183$29,994$27,081$24,428$22,015$15,222
11 years$29,859$26,702$23,842$21,259$18,934$12,532
12 years$27,091$23,966$21,159$18,647$16,407$10,385
13 years$24,751$21,658$18,904$16,463$14,308$8,650
14 years$22,746$19,687$16,986$14,614$12,542$7,237
15 years$21,011$17,984$15,336$13,033$11,043$6,075
16 years$19,494$16,500$13,904$11,670$9,760$5,114
17 years$18,156$15,196$12,652$10,485$8,654$4,316
18 years$16,969$14,042$11,550$9,449$7,694$3,649
19 years$15,908$13,014$10,573$8,538$6,858$3,091
20 years$14,954$12,093$9,704$7,733$6,126$2,621
21 years$14,092$11,264$8,925$7,018$5,482$2,226
22 years$13,310$10,515$8,226$6,381$4,914$1,892
23 years$12,597$9,834$7,595$5,811$4,411$1,609
24 years$11,944$9,214$7,024$5,300$3,965$1,370
25 years$11,344$8,647$6,506$4,841$3,568$1,167
26 years$10,791$8,127$6,034$4,426$3,214$994
27 years$10,280$7,648$5,603$4,051$2,897$848
28 years$9,807$7,207$5,209$3,712$2,614$723
29 years$9,367$6,799$4,847$3,404$2,361$617
30 years$8,956$6,421$4,515$3,124$2,133$526
31 years$8,574$6,070$4,209$2,869$1,928$449
32 years$8,216$5,743$3,927$2,637$1,744$384
33 years$7,880$5,439$3,667$2,425$1,579$328
34 years$7,564$5,155$3,426$2,231$1,429$280
35 years$7,268$4,889$3,203$2,054$1,295$239
36 years$6,988$4,641$2,997$1,891$1,173$204
37 years$6,724$4,408$2,805$1,743$1,063$174
38 years$6,475$4,189$2,627$1,606$964$149
39 years$6,239$3,983$2,461$1,481$874$127
40 years$6,015$3,790$2,306$1,366$793$109
41 years$5,803$3,607$2,163$1,260$719$93
42 years$5,602$3,436$2,029$1,163$653$79
43 years$5,410$3,273$1,904$1,074$592$68
44 years$5,228$3,120$1,787$991$538$58
45 years$5,054$2,975$1,678$916$488$50
46 years$4,888$2,838$1,576$846$443$42
47 years$4,730$2,709$1,481$781$402$36
48 years$4,579$2,586$1,391$722$365$31
49 years$4,434$2,469$1,308$667$332$26
50 years$4,296$2,359$1,229$617$301$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $4,400,000, adding $3,320 every year, while hoping to spend $24,035 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: 36/39/25 Blend
64$4,400,000$4,400,000$4,400,000$4,400,000
65$4,852,225$4,619,025$4,550,825$4,990,263
66$5,321,578$4,819,784$4,677,704$5,293,242
67$5,838,001$5,029,575$4,808,029$5,617,669
68$6,406,267$5,248,814$4,941,888$5,967,444
69$7,031,640$5,477,939$5,079,375$6,344,857
70$7,719,917$5,717,408$5,220,583$6,752,421
71$8,477,485$5,967,698$5,365,610$7,192,890
72$9,311,386$6,229,312$5,514,554$7,669,287
73$10,229,373$6,502,774$5,667,518$8,184,932
74$11,239,995$6,788,636$5,824,606$8,743,466
75$12,352,667$7,087,472$5,985,923$9,348,889
76$13,577,768$7,399,886$6,151,580$10,005,593
77$14,926,729$7,726,511$6,321,687$10,718,400
78$16,412,153$8,068,006$6,496,360$11,492,611
79$18,047,920$8,425,066$6,675,716$12,334,045
80$19,849,330$8,798,417$6,859,875$13,249,101
81$21,833,241$9,188,818$7,048,960$14,244,810
82$24,018,227$9,597,066$7,243,096$15,328,899
83$26,424,759$10,023,995$7,442,413$16,509,862
84$29,075,393$10,470,479$7,647,041$17,797,041
85$31,994,983$10,937,433$7,857,118$19,200,706
86$35,210,919$11,425,815$8,072,779$20,732,149
87$38,753,384$11,936,631$8,294,168$22,403,792
88$42,655,634$12,470,931$8,521,427$24,229,298
89$46,954,320$13,029,818$8,754,707$26,223,695
90$51,689,828$13,614,447$8,994,157$28,403,517
91$56,906,663$14,226,026$9,239,933$30,786,954
92$62,653,865$14,865,824$9,492,194$33,394,022
93$68,985,477$15,535,168$9,751,100$36,246,745
94$75,961,054$16,235,449$10,016,820$39,369,362
95$83,646,219$16,968,123$10,289,521$42,788,548
96$92,113,291$17,734,719$10,569,377$46,533,662
97$101,441,961$18,536,835$10,856,566$50,637,019
98$111,720,049$19,376,148$11,151,270$55,134,193
99$123,044,329$20,254,414$11,453,672$60,064,341
100$135,521,444$21,173,474$11,763,963$65,470,574