Can I retire at age 65 with 2,690,000?

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 $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$222,138$220,159$218,229$216,344$214,504$209,404
2 years$109,969$107,921$105,936$104,012$102,145$97,036
3 years$72,585$70,528$68,548$66,641$64,805$59,847
4 years$53,896$51,845$49,885$48,011$46,219$41,451
5 years$42,686$40,647$38,713$36,877$35,135$30,570
6 years$35,215$33,192$31,286$29,491$27,801$23,443
7 years$29,880$27,874$25,999$24,246$22,610$18,460
8 years$25,881$23,893$22,049$20,340$18,757$14,814
9 years$22,773$20,803$18,991$17,325$15,796$12,056
10 years$20,287$18,337$16,557$14,934$13,459$9,918
11 years$18,255$16,325$14,576$12,997$11,575$8,228
12 years$16,562$14,652$12,936$11,400$10,031$6,872
13 years$15,132$13,241$11,557$10,065$8,747$5,771
14 years$13,906$12,036$10,384$8,934$7,668$4,868
15 years$12,845$10,995$9,376$7,968$6,751$4,121
16 years$11,918$10,088$8,500$7,134$5,967$3,499
17 years$11,100$9,290$7,735$6,410$5,291$2,979
18 years$10,374$8,585$7,061$5,777$4,704$2,541
19 years$9,726$7,956$6,464$5,220$4,193$2,172
20 years$9,142$7,393$5,932$4,728$3,745$1,859
21 years$8,616$6,887$5,457$4,291$3,352$1,593
22 years$8,137$6,428$5,029$3,901$3,004$1,367
23 years$7,701$6,012$4,644$3,553$2,697$1,173
24 years$7,302$5,633$4,295$3,240$2,424$1,009
25 years$6,935$5,286$3,978$2,959$2,181$867
26 years$6,597$4,968$3,689$2,706$1,965$746
27 years$6,285$4,676$3,426$2,477$1,771$642
28 years$5,995$4,406$3,185$2,269$1,598$553
29 years$5,726$4,157$2,963$2,081$1,443$477
30 years$5,476$3,925$2,760$1,910$1,304$411
31 years$5,242$3,711$2,573$1,754$1,179$354
32 years$5,023$3,511$2,401$1,612$1,066$305
33 years$4,817$3,325$2,242$1,482$965$263
34 years$4,625$3,152$2,095$1,364$874$227
35 years$4,443$2,989$1,958$1,256$791$196
36 years$4,272$2,837$1,832$1,156$717$169
37 years$4,111$2,695$1,715$1,065$650$146
38 years$3,959$2,561$1,606$982$589$126
39 years$3,814$2,435$1,504$905$534$109
40 years$3,678$2,317$1,410$835$485$94
41 years$3,548$2,205$1,322$771$440$81
42 years$3,425$2,100$1,240$711$399$70
43 years$3,308$2,001$1,164$656$362$60
44 years$3,196$1,908$1,092$606$329$52
45 years$3,090$1,819$1,026$560$298$45
46 years$2,989$1,735$963$517$271$39
47 years$2,892$1,656$905$478$246$34
48 years$2,799$1,581$851$441$223$29
49 years$2,711$1,510$799$408$203$25
50 years$2,626$1,442$752$377$184$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,690,000, adding $3,204 every year, while hoping to spend $52,519 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: 42/33/25 Blend
64$2,690,000$2,690,000$2,690,000$2,690,000
65$2,967,685$2,825,115$2,783,420$3,070,477
66$3,214,509$2,907,666$2,820,785$3,226,936
67$3,484,749$2,992,501$2,857,641$3,391,022
68$3,780,738$3,079,678$2,893,916$3,567,691
69$4,105,044$3,169,254$2,929,534$3,758,130
70$4,460,498$3,261,287$2,964,413$3,963,650
71$4,850,216$3,355,837$2,998,468$4,185,690
72$5,277,630$3,452,964$3,031,608$4,425,838
73$5,746,519$3,552,731$3,063,738$4,685,839
74$6,261,048$3,655,199$3,094,757$4,967,618
75$6,825,803$3,760,432$3,124,560$5,273,290
76$7,445,837$3,868,494$3,153,034$5,605,188
77$8,126,713$3,979,452$3,180,062$5,965,880
78$8,874,563$4,093,370$3,205,519$6,358,194
79$9,696,140$4,210,317$3,229,275$6,785,246
80$10,598,883$4,330,359$3,251,193$7,250,468
81$11,590,989$4,453,567$3,271,128$7,757,638
82$12,681,487$4,580,008$3,288,928$8,310,922
83$13,880,325$4,709,755$3,304,432$8,914,908
84$15,198,461$4,842,876$3,317,474$9,574,647
85$16,647,972$4,979,444$3,327,877$10,295,710
86$18,242,159$5,119,531$3,335,455$11,084,229
87$19,995,680$5,263,210$3,340,014$11,946,964
88$21,924,685$5,410,552$3,341,350$12,891,363
89$24,046,965$5,561,632$3,339,248$13,925,630
90$26,382,126$5,716,522$3,333,483$15,058,807
91$28,951,768$5,875,297$3,323,820$16,300,856
92$31,779,692$6,038,029$3,310,011$17,662,755
93$34,892,121$6,204,793$3,291,797$19,156,600
94$38,317,951$6,375,662$3,268,906$20,795,720
95$42,089,021$6,550,709$3,241,053$22,594,805
96$46,240,414$6,730,006$3,207,941$24,570,039
97$50,810,785$6,913,626$3,169,256$26,739,259
98$55,842,731$7,101,639$3,124,672$29,122,120
99$61,383,186$7,294,116$3,073,845$31,740,281
100$67,483,869$7,491,126$3,016,417$34,617,613