Can I retire at age 65 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$212,228$210,338$208,493$206,693$204,935$202,964
2 years$105,063$103,107$101,210$99,372$97,588$95,603
3 years$69,347$67,381$65,490$63,668$61,914$59,975
4 years$51,492$49,532$47,660$45,870$44,158$42,281
5 years$40,781$38,834$36,986$35,232$33,568$31,759
6 years$33,644$31,711$29,890$28,175$26,561$24,822
7 years$28,547$26,631$24,839$23,165$21,601$19,932
8 years$24,727$22,828$21,065$19,432$17,920$16,322
9 years$21,757$19,875$18,144$16,552$15,092$13,563
10 years$19,382$17,519$15,818$14,268$12,859$11,399
11 years$17,440$15,596$13,926$12,417$11,059$9,667
12 years$15,824$13,998$12,359$10,892$9,583$8,258
13 years$14,457$12,650$11,042$9,616$8,357$7,096
14 years$13,286$11,499$9,921$8,536$7,326$6,128
15 years$12,272$10,505$8,957$7,612$6,450$5,314
16 years$11,386$9,638$8,121$6,816$5,701$4,624
17 years$10,605$8,876$7,390$6,124$5,055$4,036
18 years$9,912$8,202$6,746$5,519$4,494$3,531
19 years$9,292$7,601$6,176$4,987$4,006$3,097
20 years$8,735$7,064$5,668$4,517$3,578$2,721
21 years$8,231$6,579$5,213$4,099$3,202$2,394
22 years$7,774$6,142$4,805$3,727$2,870$2,110
23 years$7,358$5,744$4,436$3,394$2,576$1,861
24 years$6,976$5,382$4,103$3,096$2,316$1,644
25 years$6,626$5,051$3,800$2,827$2,084$1,453
26 years$6,303$4,747$3,524$2,585$1,877$1,286
27 years$6,005$4,467$3,273$2,366$1,692$1,139
28 years$5,728$4,209$3,042$2,168$1,527$1,009
29 years$5,471$3,971$2,831$1,988$1,379$895
30 years$5,231$3,750$2,637$1,825$1,246$793
31 years$5,008$3,545$2,459$1,676$1,126$704
32 years$4,799$3,355$2,294$1,540$1,019$625
33 years$4,602$3,177$2,142$1,416$922$555
34 years$4,418$3,011$2,001$1,303$835$493
35 years$4,245$2,856$1,871$1,199$756$438
36 years$4,082$2,711$1,750$1,105$685$389
37 years$3,928$2,574$1,638$1,018$621$346
38 years$3,782$2,447$1,534$938$563$308
39 years$3,644$2,327$1,437$865$510$274
40 years$3,514$2,213$1,347$798$463$243
41 years$3,390$2,107$1,263$736$420$217
42 years$3,272$2,007$1,185$679$381$193
43 years$3,160$1,912$1,112$627$346$171
44 years$3,054$1,822$1,044$579$314$152
45 years$2,952$1,738$980$535$285$136
46 years$2,855$1,658$920$494$259$121
47 years$2,763$1,582$865$456$235$107
48 years$2,674$1,510$813$422$213$96
49 years$2,590$1,442$764$390$194$85
50 years$2,509$1,378$718$360$176$76

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,570,000, adding $3,098 every year, while hoping to spend $47,436 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: 47/46/7 Blend
64$2,570,000$2,570,000$2,570,000$2,570,000
65$2,835,336$2,699,126$2,659,291$2,963,123
66$3,074,068$2,780,911$2,697,905$3,132,939
67$3,335,562$2,865,114$2,736,224$3,311,897
68$3,622,088$2,951,804$2,774,186$3,504,997
69$3,936,148$3,041,049$2,811,728$3,713,565
70$4,280,497$3,132,923$2,848,783$3,939,058
71$4,658,170$3,227,498$2,885,280$4,183,078
72$5,072,509$3,324,852$2,921,143$4,447,387
73$5,527,196$3,425,060$2,956,292$4,733,924
74$6,026,286$3,528,204$2,990,643$5,044,823
75$6,574,245$3,634,364$3,024,107$5,382,428
76$7,175,994$3,743,624$3,056,591$5,749,324
77$7,836,954$3,856,069$3,087,995$6,148,350
78$8,563,095$3,971,789$3,118,215$6,582,636
79$9,360,996$4,090,872$3,147,141$7,055,624
80$10,237,903$4,213,410$3,174,656$7,571,103
81$11,201,801$4,339,499$3,200,638$8,133,246
82$12,261,485$4,469,235$3,224,960$8,746,645
83$13,426,645$4,602,716$3,247,485$9,416,358
84$14,707,958$4,740,044$3,268,070$10,147,953
85$16,117,186$4,881,323$3,286,567$10,947,561
86$17,667,290$5,026,658$3,302,818$11,821,937
87$19,372,548$5,176,159$3,316,657$12,778,515
88$21,248,693$5,329,936$3,327,910$13,825,485
89$23,313,059$5,488,102$3,336,395$14,971,867
90$25,584,746$5,650,774$3,341,919$16,227,596
91$28,084,799$5,818,071$3,344,282$17,603,615
92$30,836,404$5,990,112$3,343,271$19,111,977
93$33,865,113$6,167,023$3,338,666$20,765,959
94$37,199,077$6,348,930$3,330,234$22,580,187
95$40,869,316$6,535,961$3,317,730$24,570,772
96$44,910,012$6,728,248$3,300,900$26,755,464
97$49,358,827$6,925,927$3,279,474$29,153,815
98$54,257,264$7,129,133$3,253,173$31,787,366
99$59,651,052$7,338,008$3,221,701$34,679,850
100$65,590,582$7,552,693$3,184,751$37,857,414