Can I retire at age 63 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%17.1%
1 years$322,058$319,190$316,391$313,659$310,991$302,005
2 years$159,435$156,466$153,588$150,798$148,091$139,109
3 years$105,234$102,252$99,381$96,617$93,955$85,258
4 years$78,139$75,166$72,324$69,607$67,010$58,665
5 years$61,886$58,931$56,127$53,465$50,940$42,970
6 years$51,055$48,122$45,359$42,757$40,307$32,720
7 years$43,321$40,412$37,693$35,153$32,780$25,575
8 years$37,523$34,641$31,967$29,489$27,194$20,368
9 years$33,016$30,161$27,533$25,118$22,902$16,446
10 years$29,412$26,586$24,004$21,652$19,513$13,420
11 years$26,466$23,668$21,133$18,843$16,782$11,042
12 years$24,013$21,243$18,755$16,528$14,543$9,144
13 years$21,938$19,197$16,756$14,592$12,682$7,612
14 years$20,161$17,450$15,055$12,953$11,117$6,363
15 years$18,623$15,941$13,593$11,552$9,788$5,338
16 years$17,278$14,625$12,324$10,343$8,651$4,491
17 years$16,093$13,469$11,214$9,294$7,670$3,787
18 years$15,041$12,446$10,237$8,375$6,820$3,200
19 years$14,100$11,535$9,372$7,568$6,079$2,708
20 years$13,255$10,719$8,601$6,854$5,430$2,295
21 years$12,491$9,984$7,911$6,221$4,859$1,947
22 years$11,797$9,320$7,291$5,656$4,355$1,654
23 years$11,165$8,717$6,732$5,151$3,910$1,406
24 years$10,586$8,167$6,226$4,698$3,514$1,196
25 years$10,055$7,664$5,767$4,290$3,162$1,018
26 years$9,565$7,203$5,348$3,923$2,848$866
27 years$9,112$6,779$4,966$3,591$2,568$738
28 years$8,692$6,388$4,617$3,290$2,317$629
29 years$8,302$6,026$4,296$3,017$2,092$536
30 years$7,939$5,691$4,002$2,769$1,891$457
31 years$7,599$5,380$3,731$2,543$1,709$390
32 years$7,282$5,091$3,481$2,337$1,546$333
33 years$6,984$4,821$3,250$2,149$1,399$284
34 years$6,705$4,569$3,037$1,977$1,267$242
35 years$6,442$4,334$2,839$1,820$1,147$207
36 years$6,194$4,113$2,656$1,676$1,040$176
37 years$5,960$3,907$2,486$1,545$942$151
38 years$5,739$3,713$2,328$1,424$854$129
39 years$5,530$3,531$2,181$1,313$775$110
40 years$5,332$3,359$2,044$1,211$703$94
41 years$5,144$3,197$1,917$1,117$637$80
42 years$4,965$3,045$1,798$1,031$578$68
43 years$4,795$2,901$1,687$952$525$58
44 years$4,634$2,766$1,584$879$477$50
45 years$4,480$2,637$1,487$812$433$42
46 years$4,333$2,516$1,397$750$393$36
47 years$4,193$2,401$1,312$693$357$31
48 years$4,059$2,292$1,233$640$324$26
49 years$3,930$2,189$1,159$591$294$23
50 years$3,808$2,091$1,090$547$267$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $3,900,000, adding $4,233 every year, while hoping to spend $27,446 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: 42/33/25 Blend
62$3,900,000$3,900,000$3,900,000$3,900,000
63$4,302,166$4,095,466$4,035,016$4,451,195
64$4,711,785$4,266,942$4,140,987$4,729,785
65$5,162,265$4,445,900$4,249,588$5,028,357
66$5,657,745$4,632,678$4,360,878$5,351,160
67$6,202,785$4,827,629$4,474,918$5,700,444
68$6,802,410$5,031,124$4,591,768$6,078,677
69$7,462,155$5,243,548$4,711,492$6,488,572
70$8,188,120$5,465,307$4,834,152$6,933,109
71$8,987,025$5,696,824$4,959,813$7,415,561
72$9,866,276$5,938,543$5,088,541$7,939,526
73$10,834,031$6,190,927$5,220,402$8,508,959
74$11,899,281$6,454,461$5,355,465$9,128,206
75$13,071,933$6,729,655$5,493,798$9,802,046
76$14,362,901$7,017,039$5,635,471$10,535,733
77$15,784,213$7,317,170$5,780,556$11,335,046
78$17,349,123$7,630,631$5,929,124$12,206,339
79$19,072,233$7,958,032$6,081,249$13,156,600
80$20,969,636$8,300,010$6,237,006$14,193,519
81$23,059,063$8,657,235$6,396,470$15,325,553
82$25,360,052$9,030,405$6,559,717$16,562,008
83$27,894,136$9,420,252$6,726,825$17,913,121
84$30,685,037$9,827,544$6,897,874$19,390,161
85$33,758,900$10,253,083$7,072,942$21,005,525
86$37,144,533$10,697,709$7,252,110$22,772,859
87$40,873,680$11,162,302$7,435,461$24,707,181
88$44,981,324$11,647,783$7,623,077$26,825,023
89$49,506,010$12,155,115$7,815,041$29,144,582
90$54,490,217$12,685,310$8,011,439$31,685,889
91$59,980,753$13,239,424$8,212,356$34,470,997
92$66,029,198$13,818,564$8,417,878$37,524,185
93$72,692,393$14,423,890$8,628,094$40,872,186
94$80,032,972$15,056,616$8,843,090$44,544,432
95$88,119,958$15,718,013$9,062,956$48,573,334
96$97,029,411$16,409,413$9,287,782$52,994,578
97$106,845,146$17,132,209$9,517,658$57,847,465
98$117,659,526$17,887,863$9,752,675$63,175,272
99$129,574,333$18,677,903$9,992,925$69,025,662
100$142,701,726$19,503,931$10,238,499$75,451,125