Can I retire at age 66 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$212,228$210,338$208,493$206,693$204,935$203,986
2 years$105,063$103,107$101,210$99,372$97,588$96,630
3 years$69,347$67,381$65,490$63,668$61,914$60,977
4 years$51,492$49,532$47,660$45,870$44,158$43,248
5 years$40,781$38,834$36,986$35,232$33,568$32,689
6 years$33,644$31,711$29,890$28,175$26,561$25,714
7 years$28,547$26,631$24,839$23,165$21,601$20,786
8 years$24,727$22,828$21,065$19,432$17,920$17,138
9 years$21,757$19,875$18,144$16,552$15,092$14,341
10 years$19,382$17,519$15,818$14,268$12,859$12,140
11 years$17,440$15,596$13,926$12,417$11,059$10,372
12 years$15,824$13,998$12,359$10,892$9,583$8,927
13 years$14,457$12,650$11,042$9,616$8,357$7,730
14 years$13,286$11,499$9,921$8,536$7,326$6,729
15 years$12,272$10,505$8,957$7,612$6,450$5,882
16 years$11,386$9,638$8,121$6,816$5,701$5,160
17 years$10,605$8,876$7,390$6,124$5,055$4,541
18 years$9,912$8,202$6,746$5,519$4,494$4,007
19 years$9,292$7,601$6,176$4,987$4,006$3,544
20 years$8,735$7,064$5,668$4,517$3,578$3,141
21 years$8,231$6,579$5,213$4,099$3,202$2,788
22 years$7,774$6,142$4,805$3,727$2,870$2,479
23 years$7,358$5,744$4,436$3,394$2,576$2,208
24 years$6,976$5,382$4,103$3,096$2,316$1,968
25 years$6,626$5,051$3,800$2,827$2,084$1,756
26 years$6,303$4,747$3,524$2,585$1,877$1,568
27 years$6,005$4,467$3,273$2,366$1,692$1,402
28 years$5,728$4,209$3,042$2,168$1,527$1,254
29 years$5,471$3,971$2,831$1,988$1,379$1,123
30 years$5,231$3,750$2,637$1,825$1,246$1,005
31 years$5,008$3,545$2,459$1,676$1,126$901
32 years$4,799$3,355$2,294$1,540$1,019$808
33 years$4,602$3,177$2,142$1,416$922$724
34 years$4,418$3,011$2,001$1,303$835$650
35 years$4,245$2,856$1,871$1,199$756$583
36 years$4,082$2,711$1,750$1,105$685$524
37 years$3,928$2,574$1,638$1,018$621$470
38 years$3,782$2,447$1,534$938$563$422
39 years$3,644$2,327$1,437$865$510$380
40 years$3,514$2,213$1,347$798$463$341
41 years$3,390$2,107$1,263$736$420$307
42 years$3,272$2,007$1,185$679$381$276
43 years$3,160$1,912$1,112$627$346$248
44 years$3,054$1,822$1,044$579$314$223
45 years$2,952$1,738$980$535$285$200
46 years$2,855$1,658$920$494$259$180
47 years$2,763$1,582$865$456$235$162
48 years$2,674$1,510$813$422$213$146
49 years$2,590$1,442$764$390$194$131
50 years$2,509$1,378$718$360$176$118

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 66 starting with $2,570,000, adding $3,594 every year, while hoping to spend $44,753 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: 38/32/30 Blend
65$2,570,000$2,570,000$2,570,000$2,570,000
66$2,835,847$2,699,637$2,659,802$2,918,186
67$3,077,487$2,784,303$2,701,289$3,063,968
68$3,342,274$2,871,617$2,742,665$3,217,086
69$3,632,522$2,961,662$2,783,880$3,381,735
70$3,950,779$3,054,523$2,824,881$3,558,995
71$4,299,852$3,150,289$2,865,608$3,750,053
72$4,682,833$3,249,049$2,906,002$3,956,216
73$5,103,127$3,350,897$2,945,997$4,178,920
74$5,564,483$3,455,929$2,985,526$4,419,747
75$6,071,034$3,564,243$3,024,515$4,680,438
76$6,627,332$3,675,943$3,062,888$4,962,910
77$7,238,388$3,791,133$3,100,564$5,269,272
78$7,909,728$3,909,922$3,137,456$5,601,848
79$8,647,434$4,032,422$3,173,475$5,963,194
80$9,458,209$4,158,748$3,208,524$6,356,127
81$10,349,440$4,289,020$3,242,502$6,783,748
82$11,329,260$4,423,359$3,275,303$7,249,471
83$12,406,633$4,561,892$3,306,815$7,757,059
84$13,591,435$4,704,750$3,336,918$8,310,654
85$14,894,545$4,852,067$3,365,489$8,914,818
86$16,327,952$5,003,981$3,392,396$9,574,577
87$17,904,862$5,160,635$3,417,500$10,295,468
88$19,639,827$5,322,176$3,440,656$11,083,587
89$21,548,883$5,488,755$3,461,710$11,945,654
90$23,649,694$5,660,530$3,480,503$12,889,069
91$25,961,727$5,837,660$3,496,864$13,921,985
92$28,506,430$6,020,312$3,510,616$15,053,385
93$31,307,436$6,208,658$3,521,572$16,293,165
94$34,390,785$6,402,872$3,529,535$17,652,228
95$37,785,170$6,603,138$3,534,300$19,142,587
96$41,522,209$6,809,643$3,535,650$20,777,478
97$45,636,738$7,022,579$3,533,358$22,571,484
98$50,167,146$7,242,146$3,527,186$24,540,673
99$55,155,732$7,468,549$3,516,884$26,702,751
100$60,649,108$7,701,999$3,502,191$29,077,227