Can I retire at age 65 with 2,560,000?

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 $2,560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$211,402$209,519$207,682$205,889$204,138$196,660
2 years$104,655$102,706$100,817$98,985$97,209$89,758
3 years$69,077$67,119$65,235$63,421$61,673$54,484
4 years$51,291$49,340$47,474$45,691$43,986$37,113
5 years$40,623$38,683$36,842$35,095$33,437$26,899
6 years$33,513$31,588$29,774$28,066$26,458$20,259
7 years$28,436$26,527$24,742$23,074$21,517$15,656
8 years$24,630$22,739$20,983$19,357$17,851$12,322
9 years$21,672$19,798$18,073$16,488$15,033$9,828
10 years$19,307$17,451$15,756$14,212$12,809$7,920
11 years$17,373$15,536$13,872$12,369$11,016$6,432
12 years$15,762$13,944$12,311$10,849$9,546$5,256
13 years$14,400$12,601$10,999$9,578$8,324$4,317
14 years$13,234$11,454$9,883$8,503$7,297$3,559
15 years$12,224$10,464$8,923$7,583$6,425$2,943
16 years$11,342$9,600$8,090$6,790$5,678$2,441
17 years$10,564$8,841$7,361$6,100$5,035$2,028
18 years$9,873$8,170$6,720$5,498$4,477$1,688
19 years$9,256$7,572$6,152$4,968$3,990$1,407
20 years$8,701$7,036$5,646$4,499$3,564$1,175
21 years$8,199$6,554$5,193$4,083$3,190$981
22 years$7,744$6,118$4,786$3,713$2,859$820
23 years$7,329$5,722$4,419$3,381$2,566$687
24 years$6,949$5,361$4,087$3,084$2,307$575
25 years$6,600$5,031$3,785$2,816$2,076$481
26 years$6,278$4,728$3,511$2,575$1,870$403
27 years$5,981$4,450$3,260$2,357$1,686$338
28 years$5,706$4,193$3,031$2,160$1,521$283
29 years$5,450$3,956$2,820$1,980$1,373$238
30 years$5,211$3,736$2,627$1,817$1,241$199
31 years$4,988$3,532$2,449$1,669$1,122$167
32 years$4,780$3,342$2,285$1,534$1,015$140
33 years$4,585$3,164$2,134$1,411$918$118
34 years$4,401$2,999$1,993$1,298$832$99
35 years$4,229$2,845$1,864$1,195$753$83
36 years$4,066$2,700$1,743$1,100$682$70
37 years$3,912$2,564$1,632$1,014$619$58
38 years$3,767$2,437$1,528$935$561$49
39 years$3,630$2,317$1,432$862$509$41
40 years$3,500$2,205$1,342$795$461$35
41 years$3,376$2,099$1,258$733$418$29
42 years$3,259$1,999$1,180$677$380$24
43 years$3,148$1,905$1,108$625$345$20
44 years$3,042$1,815$1,040$577$313$17
45 years$2,941$1,731$976$533$284$14
46 years$2,844$1,651$917$492$258$12
47 years$2,752$1,576$861$455$234$10
48 years$2,664$1,504$809$420$213$9
49 years$2,580$1,437$761$388$193$7
50 years$2,499$1,372$715$359$175$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,560,000, adding $3,776 every year, while hoping to spend $56,350 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: 35/41/24 Blend
64$2,560,000$2,560,000$2,560,000$2,560,000
65$2,825,015$2,689,335$2,649,655$2,903,236
66$3,053,211$2,761,156$2,678,462$3,033,362
67$3,302,793$2,834,608$2,706,346$3,168,254
68$3,575,886$2,909,712$2,733,216$3,312,676
69$3,874,824$2,986,485$2,758,977$3,467,514
70$4,202,181$3,064,948$2,783,528$3,633,743
71$4,560,790$3,145,118$2,806,763$3,812,439
72$4,953,773$3,227,010$2,828,571$4,004,783
73$5,384,564$3,310,640$2,848,835$4,212,080
74$5,856,950$3,396,022$2,867,431$4,435,763
75$6,375,099$3,483,167$2,884,230$4,677,414
76$6,943,602$3,572,085$2,899,094$4,938,775
77$7,567,517$3,662,785$2,911,882$5,221,764
78$8,252,415$3,755,272$2,922,441$5,528,496
79$9,004,432$3,849,552$2,930,614$5,861,300
80$9,830,329$3,945,625$2,936,234$6,222,743
81$10,737,551$4,043,489$2,939,127$6,615,653
82$11,734,304$4,143,142$2,939,110$7,043,147
83$12,829,622$4,244,576$2,935,990$7,508,662
84$14,033,464$4,347,780$2,929,565$8,015,981
85$15,356,796$4,452,741$2,919,625$8,569,278
86$16,811,704$4,559,440$2,905,947$9,173,151
87$18,411,501$4,667,855$2,888,300$9,832,668
88$20,170,855$4,777,961$2,866,438$10,553,415
89$22,105,926$4,889,725$2,840,108$11,341,548
90$24,234,521$5,003,112$2,809,042$12,203,854
91$26,576,256$5,118,078$2,772,959$13,147,811
92$29,152,748$5,234,578$2,731,567$14,181,664
93$31,987,812$5,352,555$2,684,558$15,314,499
94$35,107,689$5,471,951$2,631,610$16,556,332
95$38,541,292$5,592,696$2,572,389$17,918,202
96$42,320,481$5,714,715$2,506,541$19,412,277
97$46,480,359$5,837,924$2,433,698$21,051,971
98$51,059,604$5,962,231$2,353,476$22,852,066
99$56,100,837$6,087,534$2,265,471$24,828,858
100$61,651,020$6,213,721$2,169,262$27,000,307