Can I retire at age 65 with 5,300,000?

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$437,669$433,771$429,967$426,254$422,629$419,439
2 years$216,668$212,633$208,722$204,930$201,252$198,035
3 years$143,010$138,958$135,057$131,301$127,683$124,539
4 years$106,189$102,149$98,287$94,595$91,064$88,019
5 years$84,102$80,086$76,275$72,658$69,226$66,287
6 years$69,382$65,396$61,641$58,105$54,776$51,947
7 years$58,872$54,920$51,224$47,771$44,547$41,831
8 years$50,993$47,076$43,442$40,074$36,956$34,351
9 years$44,868$40,988$37,417$34,134$31,123$28,629
10 years$39,971$36,129$32,621$29,424$26,518$24,134
11 years$35,967$32,164$28,719$25,608$22,806$20,530
12 years$32,632$28,868$25,487$22,461$19,764$17,593
13 years$29,813$26,089$22,771$19,830$17,234$15,167
14 years$27,399$23,714$20,460$17,603$15,107$13,141
15 years$25,308$21,663$18,473$15,699$13,302$11,434
16 years$23,481$19,875$16,748$14,057$11,756$9,983
17 years$21,870$18,304$15,240$12,630$10,424$8,744
18 years$20,440$16,914$13,912$11,382$9,268$7,678
19 years$19,162$15,676$12,736$10,285$8,261$6,757
20 years$18,013$14,567$11,688$9,315$7,379$5,958
21 years$16,975$13,568$10,751$8,454$6,603$5,262
22 years$16,032$12,666$9,909$7,686$5,919$4,654
23 years$15,173$11,846$9,149$7,000$5,313$4,122
24 years$14,387$11,099$8,461$6,384$4,776$3,655
25 years$13,664$10,416$7,837$5,831$4,297$3,244
26 years$12,998$9,789$7,268$5,331$3,871$2,882
27 years$12,383$9,213$6,749$4,880$3,490$2,562
28 years$11,813$8,681$6,274$4,471$3,149$2,279
29 years$11,282$8,190$5,839$4,100$2,843$2,029
30 years$10,789$7,734$5,439$3,763$2,569$1,807
31 years$10,327$7,311$5,070$3,456$2,323$1,610
32 years$9,896$6,918$4,731$3,176$2,101$1,435
33 years$9,492$6,551$4,417$2,921$1,902$1,280
34 years$9,112$6,209$4,127$2,687$1,722$1,141
35 years$8,754$5,889$3,858$2,474$1,559$1,018
36 years$8,418$5,590$3,610$2,278$1,413$909
37 years$8,100$5,309$3,378$2,099$1,281$811
38 years$7,800$5,046$3,164$1,935$1,161$725
39 years$7,515$4,798$2,964$1,784$1,053$647
40 years$7,246$4,565$2,778$1,645$955$578
41 years$6,990$4,345$2,605$1,518$866$516
42 years$6,748$4,138$2,444$1,401$786$461
43 years$6,517$3,943$2,293$1,293$713$412
44 years$6,297$3,758$2,152$1,194$648$368
45 years$6,088$3,584$2,021$1,103$588$329
46 years$5,888$3,419$1,898$1,019$534$294
47 years$5,698$3,263$1,783$941$485$263
48 years$5,515$3,115$1,676$870$440$235
49 years$5,341$2,974$1,575$804$400$210
50 years$5,175$2,841$1,481$743$363$188

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $5,300,000, adding $3,012 every year, while hoping to spend $21,804 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: 51/40/9 Blend
64$5,300,000$5,300,000$5,300,000$5,300,000
65$5,843,707$5,562,807$5,480,657$6,127,985
66$6,416,566$5,812,185$5,641,060$6,571,466
67$7,047,125$6,073,052$5,806,105$7,050,719
68$7,741,248$6,345,948$5,975,926$7,571,189
69$8,505,394$6,631,438$6,150,658$8,136,757
70$9,346,681$6,930,115$6,330,441$8,751,684
71$10,272,952$7,242,600$6,515,420$9,420,653
72$11,292,849$7,569,543$6,705,743$10,148,807
73$12,415,895$7,911,626$6,901,561$10,941,800
74$13,652,584$8,269,564$7,103,031$11,805,842
75$15,014,479$8,644,104$7,310,314$12,747,761
76$16,514,320$9,036,030$7,523,574$13,775,063
77$18,166,150$9,446,164$7,742,983$14,895,999
78$19,985,438$9,875,366$7,968,713$16,119,641
79$21,989,233$10,324,540$8,200,945$17,455,968
80$24,196,321$10,794,629$8,439,864$18,915,950
81$26,627,404$11,286,624$8,685,658$20,511,655
82$29,305,295$11,801,564$8,938,522$22,256,359
83$32,255,129$12,340,535$9,198,658$24,164,663
84$35,504,609$12,904,678$9,466,269$26,252,634
85$39,084,259$13,495,187$9,741,569$28,537,949
86$43,027,715$14,113,313$10,024,773$31,040,056
87$47,372,045$14,760,368$10,316,106$33,780,361
88$52,158,095$15,437,728$10,615,797$36,782,417
89$57,430,877$16,146,832$10,924,082$40,072,149
90$63,239,991$16,889,192$11,241,204$43,678,090
91$69,640,096$17,666,388$11,567,410$47,631,646
92$76,691,425$18,480,080$11,902,958$51,967,388
93$84,460,353$19,332,007$12,248,109$56,723,376
94$93,020,023$20,223,990$12,603,135$61,941,506
95$102,451,039$21,157,938$12,968,313$67,667,907
96$112,842,221$22,135,853$13,343,928$73,953,365
97$124,291,451$23,159,833$13,730,273$80,853,797
98$136,906,591$24,232,077$14,127,649$88,430,777
99$150,806,504$25,354,890$14,536,366$96,752,102
100$166,122,174$26,530,686$14,956,741$105,892,432