Can I retire at age 65 with 2,270,000?

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 $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$187,454$185,785$184,156$182,566$181,013$177,141
2 years$92,799$91,071$89,396$87,772$86,197$82,315
3 years$61,252$59,516$57,845$56,236$54,687$50,916
4 years$45,481$43,750$42,096$40,515$39,003$35,372
5 years$36,021$34,301$32,669$31,119$29,649$26,169
6 years$29,716$28,009$26,401$24,887$23,461$20,134
7 years$25,215$23,522$21,939$20,461$19,080$15,908
8 years$21,840$20,163$18,606$17,164$15,829$12,810
9 years$19,217$17,555$16,026$14,620$13,330$10,463
10 years$17,120$15,474$13,972$12,602$11,358$8,640
11 years$15,405$13,776$12,300$10,968$9,768$7,195
12 years$13,977$12,364$10,916$9,620$8,465$6,033
13 years$12,769$11,174$9,753$8,493$7,381$5,087
14 years$11,735$10,157$8,763$7,539$6,471$4,308
15 years$10,840$9,278$7,912$6,724$5,697$3,662
16 years$10,057$8,513$7,173$6,020$5,035$3,123
17 years$9,367$7,840$6,527$5,409$4,465$2,670
18 years$8,755$7,244$5,959$4,875$3,970$2,288
19 years$8,207$6,714$5,455$4,405$3,538$1,964
20 years$7,715$6,239$5,006$3,989$3,160$1,689
21 years$7,270$5,811$4,605$3,621$2,828$1,454
22 years$6,867$5,425$4,244$3,292$2,535$1,253
23 years$6,499$5,074$3,919$2,998$2,276$1,081
24 years$6,162$4,754$3,624$2,734$2,045$933
25 years$5,852$4,461$3,357$2,497$1,841$807
26 years$5,567$4,193$3,113$2,283$1,658$697
27 years$5,304$3,946$2,891$2,090$1,495$603
28 years$5,059$3,718$2,687$1,915$1,349$522
29 years$4,832$3,508$2,501$1,756$1,218$452
30 years$4,621$3,313$2,329$1,612$1,100$392
31 years$4,423$3,131$2,172$1,480$995$339
32 years$4,238$2,963$2,026$1,360$900$294
33 years$4,065$2,806$1,892$1,251$814$255
34 years$3,903$2,659$1,768$1,151$737$221
35 years$3,750$2,522$1,653$1,059$668$192
36 years$3,605$2,394$1,546$976$605$166
37 years$3,469$2,274$1,447$899$548$144
38 years$3,341$2,161$1,355$829$497$125
39 years$3,219$2,055$1,270$764$451$108
40 years$3,103$1,955$1,190$705$409$94
41 years$2,994$1,861$1,116$650$371$82
42 years$2,890$1,772$1,047$600$337$71
43 years$2,791$1,689$982$554$306$61
44 years$2,697$1,610$922$511$277$53
45 years$2,607$1,535$866$472$252$46
46 years$2,522$1,464$813$436$229$40
47 years$2,440$1,397$764$403$208$35
48 years$2,362$1,334$718$372$189$30
49 years$2,288$1,274$675$344$171$26
50 years$2,216$1,217$634$318$156$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,270,000, adding $3,297 every year, while hoping to spend $21,135 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: 86/5/9 Blend
64$2,270,000$2,270,000$2,270,000$2,270,000
65$2,504,941$2,384,631$2,349,446$2,717,273
66$2,737,957$2,478,990$2,405,665$2,950,698
67$2,994,033$2,577,265$2,463,059$3,203,946
68$3,275,498$2,679,624$2,521,645$3,481,582
69$3,584,919$2,786,246$2,581,440$3,786,050
70$3,925,123$2,897,314$2,642,460$4,120,042
71$4,299,226$3,013,023$2,704,723$4,486,522
72$4,710,660$3,133,575$2,768,245$4,888,755
73$5,163,207$3,259,180$2,833,041$5,330,338
74$5,661,035$3,390,060$2,899,128$5,815,232
75$6,208,732$3,526,445$2,966,521$6,347,803
76$6,811,359$3,668,576$3,035,235$6,932,857
77$7,474,487$3,816,706$3,105,285$7,575,693
78$8,204,258$3,971,098$3,176,685$8,282,143
79$9,007,438$4,132,028$3,249,450$9,058,638
80$9,891,482$4,299,783$3,323,592$9,912,258
81$10,864,606$4,474,664$3,399,125$10,850,807
82$11,935,860$4,656,987$3,476,059$11,882,879
83$13,115,218$4,847,080$3,554,408$13,017,947
84$14,413,671$5,045,287$3,634,181$14,266,445
85$15,843,328$5,251,969$3,715,389$15,639,869
86$17,417,533$5,467,501$3,798,040$17,150,886
87$19,150,989$5,692,277$3,882,143$18,813,452
88$21,059,900$5,926,708$3,967,705$20,642,946
89$23,162,118$6,171,225$4,054,731$22,656,311
90$25,477,317$6,426,278$4,143,227$24,872,215
91$28,027,175$6,692,338$4,233,197$27,311,229
92$30,835,581$6,969,896$4,324,643$29,996,018
93$33,928,857$7,259,468$4,417,566$32,951,557
94$37,336,011$7,561,592$4,511,965$36,205,364
95$41,089,007$7,876,833$4,607,838$39,787,763
96$45,223,067$8,205,779$4,705,182$43,732,164
97$49,777,005$8,549,047$4,803,990$48,075,384
98$54,793,592$8,907,283$4,904,257$52,857,993
99$60,319,960$9,281,161$5,005,971$58,124,691
100$66,408,046$9,671,389$5,109,121$63,924,738