Can I retire at age 80 with 3,900,000?

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 $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%16.5%
1 years$322,058$319,190$316,391$313,659$310,991$302,737
2 years$159,435$156,466$153,588$150,798$148,091$139,832
3 years$105,234$102,252$99,381$96,617$93,955$85,950
4 years$78,139$75,166$72,324$69,607$67,010$59,321
5 years$61,886$58,931$56,127$53,465$50,940$43,588
6 years$51,055$48,122$45,359$42,757$40,307$33,299
7 years$43,321$40,412$37,693$35,153$32,780$26,117
8 years$37,523$34,641$31,967$29,489$27,194$20,872
9 years$33,016$30,161$27,533$25,118$22,902$16,915
10 years$29,412$26,586$24,004$21,652$19,513$13,855
11 years$26,466$23,668$21,133$18,843$16,782$11,443
12 years$24,013$21,243$18,755$16,528$14,543$9,514
13 years$21,938$19,197$16,756$14,592$12,682$7,952
14 years$20,161$17,450$15,055$12,953$11,117$6,675
15 years$18,623$15,941$13,593$11,552$9,788$5,623
16 years$17,278$14,625$12,324$10,343$8,651$4,751
17 years$16,093$13,469$11,214$9,294$7,670$4,024
18 years$15,041$12,446$10,237$8,375$6,820$3,415
19 years$14,100$11,535$9,372$7,568$6,079$2,903
20 years$13,255$10,719$8,601$6,854$5,430$2,472
21 years$12,491$9,984$7,911$6,221$4,859$2,107
22 years$11,797$9,320$7,291$5,656$4,355$1,798
23 years$11,165$8,717$6,732$5,151$3,910$1,535
24 years$10,586$8,167$6,226$4,698$3,514$1,312
25 years$10,055$7,664$5,767$4,290$3,162$1,122
26 years$9,565$7,203$5,348$3,923$2,848$960
27 years$9,112$6,779$4,966$3,591$2,568$822
28 years$8,692$6,388$4,617$3,290$2,317$704
29 years$8,302$6,026$4,296$3,017$2,092$603
30 years$7,939$5,691$4,002$2,769$1,891$517
31 years$7,599$5,380$3,731$2,543$1,709$443
32 years$7,282$5,091$3,481$2,337$1,546$380
33 years$6,984$4,821$3,250$2,149$1,399$326
34 years$6,705$4,569$3,037$1,977$1,267$279
35 years$6,442$4,334$2,839$1,820$1,147$239
36 years$6,194$4,113$2,656$1,676$1,040$205
37 years$5,960$3,907$2,486$1,545$942$176
38 years$5,739$3,713$2,328$1,424$854$151
39 years$5,530$3,531$2,181$1,313$775$130
40 years$5,332$3,359$2,044$1,211$703$111
41 years$5,144$3,197$1,917$1,117$637$96
42 years$4,965$3,045$1,798$1,031$578$82
43 years$4,795$2,901$1,687$952$525$70
44 years$4,634$2,766$1,584$879$477$60
45 years$4,480$2,637$1,487$812$433$52
46 years$4,333$2,516$1,397$750$393$44
47 years$4,193$2,401$1,312$693$357$38
48 years$4,059$2,292$1,233$640$324$33
49 years$3,930$2,189$1,159$591$294$28
50 years$3,808$2,091$1,090$547$267$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $3,900,000, adding $4,164 every year, while hoping to spend $50,248 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: 52/26/22 Blend
79$3,900,000$3,900,000$3,900,000$3,900,000
80$4,302,095$4,095,395$4,034,945$4,499,362
81$4,687,445$4,242,606$4,116,652$4,783,136
82$5,110,417$4,395,346$4,199,413$5,086,115
83$5,574,795$4,553,833$4,283,208$5,414,627
84$6,084,748$4,718,295$4,368,019$5,771,120
85$6,644,867$4,888,966$4,453,823$6,158,284
86$7,260,212$5,066,094$4,540,594$6,579,080
87$7,936,355$5,249,935$4,628,306$7,036,765
88$8,679,437$5,440,755$4,716,928$7,534,923
89$9,496,221$5,638,833$4,806,426$8,077,499
90$10,394,158$5,844,458$4,896,764$8,668,833
91$11,381,458$6,057,933$4,987,902$9,313,704
92$12,467,167$6,279,572$5,079,796$10,017,370
93$13,661,249$6,509,702$5,172,401$10,785,621
94$14,974,684$6,748,665$5,265,664$11,624,830
95$16,419,569$6,996,816$5,359,531$12,542,015
96$18,009,232$7,254,528$5,453,942$13,544,901
97$19,758,360$7,522,185$5,548,835$14,641,994
98$21,683,132$7,800,192$5,644,141$15,842,661
99$23,801,378$8,088,968$5,739,786$17,157,216
100$26,132,742$8,388,950$5,835,692$18,597,020