Can I retire at age 65 with 2,680,000?

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 $2,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$221,312$219,341$217,417$215,540$213,707$207,783
2 years$109,560$107,520$105,542$103,625$101,765$95,841
3 years$72,315$70,265$68,293$66,394$64,564$58,825
4 years$53,696$51,653$49,700$47,833$46,048$40,538
5 years$42,527$40,496$38,569$36,740$35,005$29,740
6 years$35,084$33,068$31,170$29,381$27,698$22,682
7 years$29,769$27,771$25,902$24,156$22,526$17,760
8 years$25,785$23,805$21,967$20,264$18,687$14,169
9 years$22,688$20,726$18,920$17,260$15,737$11,462
10 years$20,212$18,269$16,495$14,879$13,409$9,370
11 years$18,187$16,264$14,522$12,949$11,532$7,724
12 years$16,501$14,598$12,888$11,358$9,994$6,409
13 years$15,075$13,192$11,514$10,027$8,715$5,346
14 years$13,855$11,991$10,346$8,901$7,639$4,479
15 years$12,797$10,954$9,341$7,938$6,726$3,765
16 years$11,873$10,050$8,469$7,108$5,945$3,174
17 years$11,059$9,256$7,706$6,386$5,271$2,683
18 years$10,336$8,553$7,035$5,755$4,687$2,272
19 years$9,689$7,927$6,440$5,200$4,177$1,927
20 years$9,108$7,366$5,910$4,710$3,731$1,637
21 years$8,584$6,861$5,436$4,275$3,339$1,392
22 years$8,107$6,404$5,011$3,887$2,993$1,185
23 years$7,672$5,990$4,626$3,540$2,687$1,010
24 years$7,275$5,612$4,279$3,228$2,415$861
25 years$6,909$5,267$3,963$2,948$2,173$734
26 years$6,573$4,950$3,675$2,696$1,957$627
27 years$6,262$4,658$3,413$2,468$1,765$535
28 years$5,973$4,390$3,173$2,261$1,592$457
29 years$5,705$4,141$2,952$2,073$1,438$391
30 years$5,455$3,911$2,750$1,903$1,299$334
31 years$5,222$3,697$2,564$1,747$1,175$286
32 years$5,004$3,498$2,392$1,606$1,062$244
33 years$4,799$3,313$2,234$1,477$962$209
34 years$4,607$3,140$2,087$1,359$871$179
35 years$4,427$2,978$1,951$1,251$789$153
36 years$4,256$2,827$1,825$1,152$714$131
37 years$4,096$2,685$1,708$1,061$648$112
38 years$3,944$2,551$1,600$978$587$96
39 years$3,800$2,426$1,499$902$532$82
40 years$3,664$2,308$1,405$832$483$70
41 years$3,535$2,197$1,317$768$438$60
42 years$3,412$2,093$1,236$708$397$51
43 years$3,295$1,994$1,160$654$361$44
44 years$3,184$1,900$1,088$604$327$38
45 years$3,078$1,812$1,022$558$297$32
46 years$2,977$1,729$960$515$270$28
47 years$2,881$1,650$902$476$245$24
48 years$2,789$1,575$847$440$223$20
49 years$2,701$1,504$797$406$202$17
50 years$2,617$1,437$749$376$184$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,680,000, adding $6,651 every year, while hoping to spend $57,684 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: 50/37/13 Blend
64$2,680,000$2,680,000$2,680,000$2,680,000
65$2,960,221$2,818,181$2,776,641$3,097,453
66$3,200,788$2,894,896$2,808,283$3,269,047
67$3,463,959$2,973,437$2,839,051$3,448,815
68$3,751,980$3,053,833$2,868,857$3,642,869
69$4,067,322$3,136,111$2,897,604$3,852,571
70$4,412,708$3,220,298$2,925,192$4,079,416
71$4,791,133$3,306,423$2,951,515$4,325,054
72$5,205,901$3,394,509$2,976,463$4,591,297
73$5,660,646$3,484,583$2,999,917$4,880,145
74$6,159,373$3,576,669$3,021,756$5,193,795
75$6,706,492$3,670,789$3,041,848$5,534,671
76$7,306,862$3,766,966$3,060,058$5,905,438
77$7,965,833$3,865,218$3,076,241$6,309,034
78$8,689,300$3,965,566$3,090,247$6,748,693
79$9,483,756$4,068,025$3,101,917$7,227,980
80$10,356,352$4,172,612$3,111,085$7,750,818
81$11,314,969$4,279,339$3,117,575$8,321,532
82$12,368,287$4,388,217$3,121,204$8,944,882
83$13,525,867$4,499,255$3,121,779$9,626,117
84$14,798,245$4,612,458$3,119,099$10,371,015
85$16,197,027$4,727,829$3,112,949$11,185,945
86$17,734,999$4,845,368$3,103,108$12,077,922
87$19,426,250$4,965,072$3,089,343$13,054,676
88$21,286,299$5,086,933$3,071,409$14,124,725
89$23,332,250$5,210,940$3,049,049$15,297,451
90$25,582,941$5,337,078$3,021,994$16,583,195
91$28,059,134$5,465,328$2,989,963$17,993,350
92$30,783,700$5,595,663$2,952,661$19,540,470
93$33,781,841$5,728,055$2,909,780$21,238,388
94$37,081,327$5,862,467$2,860,995$23,102,348
95$40,712,753$5,998,859$2,805,969$25,149,146
96$44,709,831$6,137,181$2,744,347$27,397,294
97$49,109,710$6,277,379$2,675,758$29,867,187
98$53,953,320$6,419,390$2,599,816$32,581,303
99$59,285,762$6,563,143$2,516,113$35,564,411
100$65,156,734$6,708,561$2,424,227$38,843,807