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

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$363,348$360,111$356,954$353,872$350,862$347,198
2 years$179,875$176,525$173,278$170,131$167,077$163,387
3 years$118,726$115,361$112,123$109,004$106,001$102,399
4 years$88,157$84,803$81,597$78,531$75,601$72,116
5 years$69,820$66,486$63,322$60,320$57,470$54,112
6 years$57,600$54,291$51,174$48,238$45,474$42,247
7 years$48,875$45,594$42,526$39,659$36,983$33,888
8 years$42,334$39,082$36,065$33,269$30,681$27,718
9 years$37,249$34,028$31,063$28,338$25,838$23,005
10 years$33,183$29,994$27,081$24,428$22,015$19,312
11 years$29,859$26,702$23,842$21,259$18,934$16,357
12 years$27,091$23,966$21,159$18,647$16,407$13,955
13 years$24,751$21,658$18,904$16,463$14,308$11,977
14 years$22,746$19,687$16,986$14,614$12,542$10,329
15 years$21,011$17,984$15,336$13,033$11,043$8,945
16 years$19,494$16,500$13,904$11,670$9,760$7,773
17 years$18,156$15,196$12,652$10,485$8,654$6,775
18 years$16,969$14,042$11,550$9,449$7,694$5,919
19 years$15,908$13,014$10,573$8,538$6,858$5,183
20 years$14,954$12,093$9,704$7,733$6,126$4,547
21 years$14,092$11,264$8,925$7,018$5,482$3,995
22 years$13,310$10,515$8,226$6,381$4,914$3,515
23 years$12,597$9,834$7,595$5,811$4,411$3,097
24 years$11,944$9,214$7,024$5,300$3,965$2,731
25 years$11,344$8,647$6,506$4,841$3,568$2,411
26 years$10,791$8,127$6,034$4,426$3,214$2,130
27 years$10,280$7,648$5,603$4,051$2,897$1,883
28 years$9,807$7,207$5,209$3,712$2,614$1,666
29 years$9,367$6,799$4,847$3,404$2,361$1,474
30 years$8,956$6,421$4,515$3,124$2,133$1,306
31 years$8,574$6,070$4,209$2,869$1,928$1,157
32 years$8,216$5,743$3,927$2,637$1,744$1,025
33 years$7,880$5,439$3,667$2,425$1,579$909
34 years$7,564$5,155$3,426$2,231$1,429$806
35 years$7,268$4,889$3,203$2,054$1,295$715
36 years$6,988$4,641$2,997$1,891$1,173$634
37 years$6,724$4,408$2,805$1,743$1,063$563
38 years$6,475$4,189$2,627$1,606$964$500
39 years$6,239$3,983$2,461$1,481$874$444
40 years$6,015$3,790$2,306$1,366$793$394
41 years$5,803$3,607$2,163$1,260$719$350
42 years$5,602$3,436$2,029$1,163$653$311
43 years$5,410$3,273$1,904$1,074$592$276
44 years$5,228$3,120$1,787$991$538$245
45 years$5,054$2,975$1,678$916$488$218
46 years$4,888$2,838$1,576$846$443$193
47 years$4,730$2,709$1,481$781$402$172
48 years$4,579$2,586$1,391$722$365$153
49 years$4,434$2,469$1,308$667$332$136
50 years$4,296$2,359$1,229$617$301$121

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 $5,184 every year, while hoping to spend $32,607 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: 60/10/30 Blend
64$4,400,000$4,400,000$4,400,000$4,400,000
65$4,854,147$4,620,947$4,552,747$5,105,472
66$5,314,577$4,812,680$4,670,571$5,469,601
67$5,820,877$5,012,715$4,791,248$5,862,849
68$6,377,693$5,221,424$4,914,842$6,291,316
69$6,990,141$5,439,198$5,041,412$6,758,442
70$7,663,860$5,666,442$5,171,024$7,268,020
71$8,405,060$5,903,585$5,303,740$7,824,221
72$9,220,587$6,151,071$5,439,626$8,431,638
73$10,117,981$6,409,368$5,578,748$9,095,325
74$11,105,552$6,678,964$5,721,172$9,820,850
75$12,192,454$6,960,369$5,866,967$10,614,339
76$13,388,776$7,254,118$6,016,202$11,482,541
77$14,705,632$7,560,771$6,168,946$12,432,886
78$16,155,270$7,880,913$6,325,269$13,473,555
79$17,751,186$8,215,156$6,485,244$14,613,558
80$19,508,249$8,564,141$6,648,943$15,862,816
81$21,442,847$8,928,540$6,816,438$17,232,257
82$23,573,032$9,309,054$6,987,804$18,733,917
83$25,918,702$9,706,418$7,163,116$20,381,049
84$28,501,779$10,121,401$7,342,449$22,188,254
85$31,346,419$10,554,809$7,525,880$24,171,613
86$34,479,243$11,007,483$7,713,486$26,348,839
87$37,929,582$11,480,307$7,905,345$28,739,443
88$41,729,761$11,974,203$8,101,535$31,364,919
89$45,915,395$12,490,137$8,302,135$34,248,943
90$50,525,733$13,029,122$8,507,225$37,417,596
91$55,604,026$13,592,217$8,716,884$40,899,612
92$61,197,932$14,180,531$8,931,195$44,726,644
93$67,359,968$14,795,224$9,150,237$48,933,565
94$74,148,007$15,437,512$9,374,093$53,558,791
95$81,625,822$16,108,668$9,602,843$58,644,648
96$89,863,687$16,810,025$9,836,570$64,237,769
97$98,939,044$17,542,977$10,075,356$70,389,528
98$108,937,229$18,308,985$10,319,282$77,156,529
99$119,952,281$19,109,579$10,568,432$84,601,137
100$132,087,826$19,946,362$10,822,888$92,792,064