Can I retire at age 65 with 2,580,000?

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 $2,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$213,054$211,156$209,305$207,497$205,733$203,415
2 years$105,472$103,508$101,604$99,758$97,968$95,635
3 years$69,616$67,644$65,745$63,916$62,155$59,879
4 years$51,692$49,725$47,845$46,048$44,329$42,127
5 years$40,940$38,985$37,130$35,369$33,699$31,577
6 years$33,775$31,834$30,006$28,285$26,664$24,627
7 years$28,658$26,734$24,936$23,255$21,685$19,732
8 years$24,823$22,916$21,147$19,508$17,990$16,121
9 years$21,841$19,953$18,214$16,616$15,150$13,364
10 years$19,457$17,587$15,880$14,323$12,909$11,205
11 years$17,508$15,657$13,980$12,466$11,102$9,479
12 years$15,885$14,053$12,407$10,934$9,621$8,077
13 years$14,513$12,700$11,085$9,653$8,389$6,923
14 years$13,338$11,544$9,960$8,569$7,354$5,963
15 years$12,320$10,545$8,992$7,642$6,475$5,157
16 years$11,430$9,675$8,153$6,843$5,723$4,475
17 years$10,646$8,910$7,419$6,148$5,074$3,895
18 years$9,950$8,234$6,772$5,541$4,512$3,398
19 years$9,328$7,631$6,200$5,006$4,021$2,971
20 years$8,769$7,091$5,690$4,534$3,592$2,603
21 years$8,263$6,605$5,234$4,115$3,214$2,283
22 years$7,804$6,166$4,824$3,742$2,881$2,006
23 years$7,386$5,766$4,454$3,408$2,586$1,765
24 years$7,003$5,403$4,119$3,108$2,325$1,554
25 years$6,652$5,070$3,815$2,838$2,092$1,369
26 years$6,328$4,765$3,538$2,595$1,884$1,208
27 years$6,028$4,485$3,285$2,375$1,699$1,066
28 years$5,750$4,226$3,054$2,176$1,533$942
29 years$5,492$3,987$2,842$1,996$1,384$832
30 years$5,252$3,765$2,647$1,832$1,251$736
31 years$5,027$3,559$2,468$1,682$1,131$651
32 years$4,817$3,368$2,303$1,546$1,023$576
33 years$4,620$3,189$2,150$1,422$926$510
34 years$4,436$3,023$2,009$1,308$838$451
35 years$4,262$2,867$1,878$1,204$759$399
36 years$4,098$2,721$1,757$1,109$688$354
37 years$3,943$2,584$1,645$1,022$623$314
38 years$3,797$2,456$1,540$942$565$278
39 years$3,658$2,336$1,443$868$512$246
40 years$3,527$2,222$1,352$801$465$218
41 years$3,403$2,115$1,268$739$422$193
42 years$3,285$2,014$1,190$682$383$171
43 years$3,172$1,919$1,116$630$347$152
44 years$3,065$1,830$1,048$581$315$135
45 years$2,963$1,745$984$537$286$120
46 years$2,866$1,664$924$496$260$106
47 years$2,774$1,588$868$458$236$94
48 years$2,685$1,516$816$423$214$83
49 years$2,600$1,448$767$391$195$74
50 years$2,519$1,383$721$362$177$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,580,000, adding $2,170 every year, while hoping to spend $56,721 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: 65/17/18 Blend
64$2,580,000$2,580,000$2,580,000$2,580,000
65$2,845,398$2,708,658$2,668,668$3,017,466
66$3,075,278$2,781,032$2,697,718$3,205,488
67$3,326,705$2,855,051$2,725,840$3,404,169
68$3,601,816$2,930,736$2,752,943$3,619,928
69$3,902,966$3,008,106$2,778,931$3,854,437
70$4,232,747$3,087,182$2,803,703$4,109,537
71$4,594,013$3,167,980$2,827,154$4,387,257
72$4,989,908$3,250,517$2,849,169$4,689,831
73$5,423,895$3,334,808$2,869,633$5,019,719
74$5,899,787$3,420,868$2,888,420$5,379,632
75$6,421,783$3,508,709$2,905,400$5,772,558
76$6,994,510$3,598,340$2,920,435$6,201,786
77$7,623,062$3,689,771$2,933,382$6,670,941
78$8,313,053$3,783,009$2,944,089$7,184,016
79$9,070,665$3,878,056$2,952,397$7,745,411
80$9,902,708$3,974,916$2,958,137$8,359,973
81$10,816,685$4,073,588$2,961,135$9,033,046
82$11,820,860$4,174,067$2,961,207$9,770,512
83$12,924,339$4,276,347$2,958,158$10,578,858
84$14,137,151$4,380,418$2,951,787$11,465,230
85$15,470,349$4,486,267$2,941,879$12,437,500
86$16,936,105$4,593,875$2,928,213$13,504,345
87$18,547,834$4,703,220$2,910,554$14,675,326
88$20,320,312$4,814,278$2,888,657$15,960,978
89$22,269,823$4,927,016$2,862,266$17,372,910
90$24,414,304$5,041,399$2,831,111$18,923,917
91$26,773,520$5,157,385$2,794,910$20,628,096
92$29,369,248$5,274,926$2,753,369$22,500,982
93$32,225,483$5,393,969$2,706,178$24,559,697
94$35,368,662$5,514,453$2,653,015$26,823,106
95$38,827,915$5,636,310$2,593,540$29,312,001
96$42,635,338$5,759,465$2,527,400$32,049,293
97$46,826,298$5,883,835$2,454,223$35,060,233
98$51,439,764$6,009,326$2,373,624$38,372,644
99$56,518,675$6,135,839$2,285,195$42,017,193
100$62,110,345$6,263,259$2,188,514$46,027,670