Can I retire at age 65 with 2,550,000?

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 $2,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$210,577$208,701$206,871$205,085$203,341$198,829
2 years$104,246$102,304$100,423$98,598$96,829$92,307
3 years$68,807$66,857$64,980$63,173$61,432$57,041
4 years$51,091$49,147$47,289$45,513$43,814$39,587
5 years$40,464$38,532$36,698$34,958$33,307$29,257
6 years$33,382$31,464$29,658$27,956$26,354$22,485
7 years$28,325$26,424$24,646$22,984$21,433$17,746
8 years$24,534$22,650$20,901$19,281$17,781$14,274
9 years$21,587$19,721$18,002$16,423$14,974$11,644
10 years$19,231$17,383$15,695$14,157$12,759$9,603
11 years$17,305$15,475$13,818$12,321$10,973$7,987
12 years$15,701$13,889$12,263$10,807$9,509$6,689
13 years$14,344$12,552$10,956$9,541$8,292$5,632
14 years$13,183$11,409$9,844$8,469$7,269$4,763
15 years$12,177$10,423$8,888$7,553$6,400$4,044
16 years$11,297$9,563$8,058$6,763$5,656$3,443
17 years$10,522$8,807$7,332$6,077$5,015$2,940
18 years$9,834$8,138$6,694$5,476$4,459$2,515
19 years$9,219$7,542$6,128$4,948$3,975$2,156
20 years$8,667$7,009$5,624$4,482$3,550$1,851
21 years$8,167$6,528$5,173$4,067$3,177$1,591
22 years$7,714$6,094$4,767$3,698$2,848$1,369
23 years$7,300$5,699$4,402$3,368$2,556$1,179
24 years$6,922$5,340$4,071$3,072$2,298$1,017
25 years$6,574$5,011$3,771$2,805$2,068$877
26 years$6,254$4,710$3,497$2,565$1,862$757
27 years$5,958$4,433$3,247$2,348$1,679$654
28 years$5,683$4,177$3,019$2,151$1,515$565
29 years$5,428$3,940$2,809$1,973$1,368$489
30 years$5,191$3,721$2,617$1,810$1,236$422
31 years$4,969$3,518$2,439$1,663$1,118$365
32 years$4,761$3,328$2,276$1,528$1,011$316
33 years$4,567$3,152$2,125$1,405$915$274
34 years$4,384$2,988$1,986$1,293$828$237
35 years$4,212$2,834$1,856$1,190$750$205
36 years$4,050$2,690$1,737$1,096$680$177
37 years$3,897$2,554$1,625$1,010$616$154
38 years$3,753$2,428$1,522$931$559$133
39 years$3,616$2,308$1,426$858$507$115
40 years$3,486$2,196$1,337$792$459$100
41 years$3,363$2,091$1,253$730$417$86
42 years$3,247$1,991$1,176$674$378$75
43 years$3,135$1,897$1,103$622$343$65
44 years$3,030$1,808$1,036$575$312$56
45 years$2,929$1,724$972$531$283$49
46 years$2,833$1,645$913$490$257$42
47 years$2,741$1,570$858$453$233$37
48 years$2,654$1,499$806$418$212$32
49 years$2,570$1,431$758$387$192$27
50 years$2,490$1,367$713$357$175$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,550,000, adding $5,267 every year, while hoping to spend $31,093 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: 86/9/5 Blend
64$2,550,000$2,550,000$2,550,000$2,550,000
65$2,815,533$2,680,383$2,640,858$3,057,348
66$3,069,635$2,778,639$2,696,244$3,313,917
67$3,348,612$2,880,667$2,752,443$3,590,944
68$3,654,971$2,986,620$2,809,450$3,894,336
69$3,991,470$3,096,656$2,867,258$4,226,722
70$4,361,147$3,210,940$2,925,859$4,590,998
71$4,767,352$3,329,644$2,985,244$4,990,353
72$5,213,773$3,452,948$3,045,400$5,428,299
73$5,704,474$3,581,038$3,106,317$5,908,705
74$6,243,932$3,714,110$3,167,980$6,435,831
75$6,837,078$3,852,367$3,230,373$7,014,370
76$7,489,348$3,996,021$3,293,478$7,649,491
77$8,206,728$4,145,293$3,357,276$8,346,890
78$8,995,816$4,300,413$3,421,746$9,112,838
79$9,863,878$4,461,622$3,486,864$9,954,244
80$10,818,923$4,629,171$3,552,603$10,878,721
81$11,869,774$4,803,322$3,618,936$11,894,654
82$13,026,152$4,984,346$3,685,832$13,011,279
83$14,298,769$5,172,528$3,753,257$14,238,775
84$15,699,428$5,368,166$3,821,175$15,588,353
85$17,241,132$5,571,569$3,889,547$17,072,364
86$18,938,212$5,783,060$3,958,331$18,704,418
87$20,806,456$6,002,977$4,027,482$20,499,508
88$22,863,263$6,231,671$4,096,951$22,474,153
89$25,127,801$6,469,509$4,166,685$24,646,553
90$27,621,197$6,716,874$4,236,628$27,036,761
91$30,366,724$6,974,166$4,306,721$29,666,871
92$33,390,033$7,241,804$4,376,899$32,561,228
93$36,719,385$7,520,221$4,447,094$35,746,653
94$40,385,924$7,809,873$4,517,232$39,252,701
95$44,423,966$8,111,234$4,587,238$43,111,937
96$48,871,327$8,424,801$4,657,026$47,360,240
97$53,769,676$8,751,090$4,726,511$52,037,147
98$59,164,931$9,090,642$4,795,597$57,186,221
99$65,107,691$9,444,020$4,864,186$62,855,464
100$71,653,712$9,811,814$4,932,173$69,097,768