Can I retire at age 65 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$218,835$216,885$214,983$213,127$211,315$210,247
2 years$108,334$106,316$104,361$102,465$100,626$99,549
3 years$71,505$69,479$67,528$65,650$63,841$62,788
4 years$53,094$51,074$49,143$47,297$45,532$44,510
5 years$42,051$40,043$38,137$36,329$34,613$33,625
6 years$34,691$32,698$30,821$29,053$27,388$26,437
7 years$29,436$27,460$25,612$23,886$22,274$21,359
8 years$25,496$23,538$21,721$20,037$18,478$17,600
9 years$22,434$20,494$18,708$17,067$15,561$14,719
10 years$19,985$18,065$16,310$14,712$13,259$12,453
11 years$17,983$16,082$14,359$12,804$11,403$10,632
12 years$16,316$14,434$12,744$11,231$9,882$9,145
13 years$14,907$13,044$11,386$9,915$8,617$7,915
14 years$13,699$11,857$10,230$8,801$7,554$6,884
15 years$12,654$10,831$9,236$7,849$6,651$6,014
16 years$11,740$9,938$8,374$7,028$5,878$5,273
17 years$10,935$9,152$7,620$6,315$5,212$4,637
18 years$10,220$8,457$6,956$5,691$4,634$4,089
19 years$9,581$7,838$6,368$5,142$4,131$3,614
20 years$9,007$7,283$5,844$4,657$3,689$3,200
21 years$8,487$6,784$5,376$4,227$3,302$2,839
22 years$8,016$6,333$4,954$3,843$2,959$2,523
23 years$7,587$5,923$4,575$3,500$2,657$2,244
24 years$7,193$5,549$4,231$3,192$2,388$1,999
25 years$6,832$5,208$3,918$2,915$2,149$1,782
26 years$6,499$4,895$3,634$2,666$1,935$1,591
27 years$6,192$4,606$3,375$2,440$1,745$1,421
28 years$5,906$4,341$3,137$2,235$1,575$1,270
29 years$5,641$4,095$2,919$2,050$1,422$1,136
30 years$5,394$3,867$2,719$1,881$1,285$1,017
31 years$5,164$3,656$2,535$1,728$1,161$910
32 years$4,948$3,459$2,365$1,588$1,051$815
33 years$4,746$3,276$2,209$1,460$951$731
34 years$4,556$3,105$2,064$1,344$861$655
35 years$4,377$2,945$1,929$1,237$780$587
36 years$4,209$2,795$1,805$1,139$706$527
37 years$4,050$2,655$1,689$1,050$640$473
38 years$3,900$2,523$1,582$967$580$424
39 years$3,758$2,399$1,482$892$526$381
40 years$3,623$2,282$1,389$823$477$342
41 years$3,495$2,173$1,303$759$433$307
42 years$3,374$2,069$1,222$701$393$276
43 years$3,258$1,971$1,147$647$357$248
44 years$3,149$1,879$1,076$597$324$223
45 years$3,044$1,792$1,011$551$294$200
46 years$2,944$1,710$949$509$267$180
47 years$2,849$1,631$892$471$242$161
48 years$2,758$1,557$838$435$220$145
49 years$2,671$1,487$788$402$200$130
50 years$2,587$1,421$740$371$182$117

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,650,000, adding $4,425 every year, while hoping to spend $22,742 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: 46/30/24 Blend
64$2,650,000$2,650,000$2,650,000$2,650,000
65$2,924,864$2,784,414$2,743,339$3,039,067
66$3,199,003$2,896,653$2,811,044$3,232,152
67$3,500,342$3,013,630$2,880,254$3,438,940
68$3,831,631$3,135,552$2,950,997$3,662,847
69$4,195,901$3,262,637$3,023,299$3,905,487
70$4,596,489$3,395,113$3,097,186$4,168,629
71$5,037,075$3,533,218$3,172,686$4,454,219
72$5,521,711$3,677,199$3,249,824$4,764,397
73$6,054,861$3,827,317$3,328,629$5,101,514
74$6,641,445$3,983,845$3,409,127$5,468,157
75$7,286,884$4,147,065$3,491,344$5,867,170
76$7,997,151$4,317,275$3,575,309$6,301,680
77$8,778,825$4,494,786$3,661,046$6,775,128
78$9,639,158$4,679,924$3,748,584$7,291,298
79$10,586,138$4,873,027$3,837,948$7,854,354
80$11,628,571$5,074,451$3,929,165$8,468,877
81$12,776,154$5,284,568$4,022,262$9,139,908
82$14,039,578$5,503,768$4,117,263$9,872,993
83$15,430,618$5,732,456$4,214,196$10,674,238
84$16,962,254$5,971,059$4,313,083$11,550,361
85$18,648,784$6,220,021$4,413,952$12,508,758
86$20,505,966$6,479,809$4,516,826$13,557,568
87$22,551,164$6,750,908$4,621,728$14,705,753
88$24,803,510$7,033,830$4,728,683$15,963,179
89$27,284,087$7,329,107$4,837,713$17,340,705
90$30,016,127$7,637,296$4,948,840$18,850,291
91$33,025,231$7,958,983$5,062,085$20,505,102
92$36,339,609$8,294,777$5,177,469$22,319,636
93$39,990,346$8,645,318$5,295,011$24,309,856
94$44,011,697$9,011,274$5,414,730$26,493,344
95$48,441,409$9,393,346$5,536,643$28,889,458
96$53,321,079$9,792,266$5,660,766$31,519,518
97$58,696,542$10,208,800$5,787,115$34,407,005
98$64,618,309$10,643,751$5,915,703$37,577,780
99$71,142,040$11,097,958$6,046,543$41,060,325
100$78,329,070$11,572,301$6,179,644$44,886,013