Can I retire at age 71 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$322,058$319,190$316,391$313,659$310,991$308,902
2 years$159,435$156,466$153,588$150,798$148,091$145,984
3 years$105,234$102,252$99,381$96,617$93,955$91,895
4 years$78,139$75,166$72,324$69,607$67,010$65,013
5 years$61,886$58,931$56,127$53,465$50,940$49,012
6 years$51,055$48,122$45,359$42,757$40,307$38,451
7 years$43,321$40,412$37,693$35,153$32,780$30,997
8 years$37,523$34,641$31,967$29,489$27,194$25,484
9 years$33,016$30,161$27,533$25,118$22,902$21,263
10 years$29,412$26,586$24,004$21,652$19,513$17,946
11 years$26,466$23,668$21,133$18,843$16,782$15,285
12 years$24,013$21,243$18,755$16,528$14,543$13,115
13 years$21,938$19,197$16,756$14,592$12,682$11,321
14 years$20,161$17,450$15,055$12,953$11,117$9,822
15 years$18,623$15,941$13,593$11,552$9,788$8,557
16 years$17,278$14,625$12,324$10,343$8,651$7,482
17 years$16,093$13,469$11,214$9,294$7,670$6,562
18 years$15,041$12,446$10,237$8,375$6,820$5,770
19 years$14,100$11,535$9,372$7,568$6,079$5,085
20 years$13,255$10,719$8,601$6,854$5,430$4,490
21 years$12,491$9,984$7,911$6,221$4,859$3,972
22 years$11,797$9,320$7,291$5,656$4,355$3,518
23 years$11,165$8,717$6,732$5,151$3,910$3,121
24 years$10,586$8,167$6,226$4,698$3,514$2,771
25 years$10,055$7,664$5,767$4,290$3,162$2,463
26 years$9,565$7,203$5,348$3,923$2,848$2,192
27 years$9,112$6,779$4,966$3,591$2,568$1,952
28 years$8,692$6,388$4,617$3,290$2,317$1,739
29 years$8,302$6,026$4,296$3,017$2,092$1,550
30 years$7,939$5,691$4,002$2,769$1,891$1,383
31 years$7,599$5,380$3,731$2,543$1,709$1,234
32 years$7,282$5,091$3,481$2,337$1,546$1,102
33 years$6,984$4,821$3,250$2,149$1,399$984
34 years$6,705$4,569$3,037$1,977$1,267$879
35 years$6,442$4,334$2,839$1,820$1,147$786
36 years$6,194$4,113$2,656$1,676$1,040$703
37 years$5,960$3,907$2,486$1,545$942$628
38 years$5,739$3,713$2,328$1,424$854$562
39 years$5,530$3,531$2,181$1,313$775$503
40 years$5,332$3,359$2,044$1,211$703$450
41 years$5,144$3,197$1,917$1,117$637$403
42 years$4,965$3,045$1,798$1,031$578$360
43 years$4,795$2,901$1,687$952$525$323
44 years$4,634$2,766$1,584$879$477$289
45 years$4,480$2,637$1,487$812$433$259
46 years$4,333$2,516$1,397$750$393$231
47 years$4,193$2,401$1,312$693$357$207
48 years$4,059$2,292$1,233$640$324$186
49 years$3,930$2,189$1,159$591$294$166
50 years$3,808$2,091$1,090$547$267$149

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 71 starting with $3,900,000, adding $4,172 every year, while hoping to spend $30,933 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: 37/35/28 Blend
70$3,900,000$3,900,000$3,900,000$3,900,000
71$4,302,103$4,095,403$4,034,953$4,425,125
72$4,708,005$4,263,166$4,137,212$4,684,205
73$5,154,273$4,438,112$4,241,859$4,960,747
74$5,644,990$4,620,560$4,348,943$5,258,875
75$6,184,657$4,810,846$4,458,511$5,580,560
76$6,778,233$5,009,318$4,570,611$5,927,966
77$7,431,179$5,216,342$4,685,294$6,303,469
78$8,149,516$5,432,298$4,802,607$6,709,678
79$8,939,874$5,657,588$4,922,602$7,149,458
80$9,809,560$5,892,629$5,045,328$7,625,957
81$10,766,626$6,137,859$5,170,837$8,142,632
82$11,819,942$6,393,734$5,299,180$8,703,284
83$12,979,282$6,660,733$5,430,409$9,312,088
84$14,255,417$6,939,357$5,564,576$9,973,635
85$15,660,213$7,230,130$5,701,733$10,692,971
86$17,206,747$7,533,598$5,841,933$11,475,644
87$18,909,427$7,850,336$5,985,230$12,327,755
88$20,784,130$8,180,944$6,131,676$13,256,013
89$22,848,349$8,526,048$6,281,325$14,267,798
90$25,121,362$8,886,306$6,434,231$15,371,226
91$27,624,411$9,262,405$6,590,448$16,575,226
92$30,380,902$9,655,064$6,750,029$17,889,622
93$33,416,627$10,065,035$6,913,028$19,325,222
94$36,760,008$10,493,106$7,079,499$20,893,920
95$40,442,362$10,940,102$7,249,496$22,608,803
96$44,498,201$11,406,884$7,423,072$24,484,275
97$48,965,552$11,894,357$7,600,280$26,536,190
98$53,886,323$12,403,465$7,781,173$28,781,995
99$59,306,690$12,935,197$7,965,805$31,240,899
100$65,277,539$13,490,588$8,154,226$33,934,044