Can I retire at age 65 with 2,700,000?

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 $2,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$222,963$220,977$219,040$217,149$215,302$207,498
2 years$110,378$108,322$106,330$104,398$102,525$94,748
3 years$72,854$70,790$68,803$66,889$65,046$57,541
4 years$54,096$52,038$50,071$48,190$46,391$39,215
5 years$42,844$40,798$38,857$37,014$35,266$28,438
6 years$35,345$33,315$31,402$29,601$27,905$21,429
7 years$29,991$27,978$26,095$24,336$22,694$16,570
8 years$25,977$23,982$22,131$20,415$18,827$13,049
9 years$22,857$20,881$19,061$17,389$15,855$10,415
10 years$20,362$18,405$16,618$14,990$13,509$8,398
11 years$18,323$16,385$14,630$13,045$11,618$6,825
12 years$16,624$14,707$12,984$11,443$10,068$5,581
13 years$15,188$13,290$11,600$10,102$8,780$4,586
14 years$13,958$12,081$10,423$8,968$7,696$3,784
15 years$12,893$11,036$9,411$7,997$6,776$3,132
16 years$11,962$10,125$8,532$7,161$5,989$2,599
17 years$11,141$9,325$7,764$6,434$5,310$2,161
18 years$10,413$8,617$7,087$5,798$4,722$1,800
19 years$9,762$7,986$6,488$5,239$4,208$1,502
20 years$9,176$7,421$5,954$4,745$3,759$1,254
21 years$8,648$6,912$5,477$4,307$3,364$1,049
22 years$8,167$6,452$5,048$3,916$3,015$878
23 years$7,730$6,035$4,661$3,566$2,707$735
24 years$7,329$5,654$4,310$3,252$2,433$616
25 years$6,961$5,306$3,992$2,970$2,189$516
26 years$6,622$4,987$3,703$2,716$1,972$433
27 years$6,308$4,693$3,438$2,486$1,778$363
28 years$6,018$4,422$3,196$2,278$1,604$305
29 years$5,748$4,172$2,974$2,089$1,449$256
30 years$5,496$3,940$2,771$1,917$1,309$215
31 years$5,261$3,725$2,583$1,760$1,183$180
32 years$5,041$3,524$2,410$1,618$1,070$151
33 years$4,835$3,338$2,250$1,488$969$127
34 years$4,642$3,163$2,102$1,369$877$107
35 years$4,460$3,000$1,966$1,260$794$90
36 years$4,288$2,848$1,839$1,161$720$75
37 years$4,126$2,705$1,721$1,069$652$63
38 years$3,973$2,570$1,612$986$591$53
39 years$3,829$2,444$1,510$909$536$45
40 years$3,691$2,325$1,415$838$486$38
41 years$3,561$2,214$1,327$773$441$32
42 years$3,437$2,108$1,245$714$400$26
43 years$3,320$2,009$1,168$659$363$22
44 years$3,208$1,915$1,097$608$330$19
45 years$3,101$1,826$1,030$562$299$16
46 years$3,000$1,742$967$519$272$13
47 years$2,903$1,662$909$479$247$11
48 years$2,810$1,587$854$443$224$9
49 years$2,721$1,515$802$409$204$8
50 years$2,636$1,447$754$378$185$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,700,000, adding $3,928 every year, while hoping to spend $55,701 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: 60/16/24 Blend
64$2,700,000$2,700,000$2,700,000$2,700,000
65$2,979,452$2,836,352$2,794,502$3,138,903
66$3,224,090$2,916,068$2,828,852$3,327,438
67$3,491,815$2,997,823$2,862,486$3,526,666
68$3,784,923$3,081,658$2,895,322$3,742,832
69$4,105,940$3,167,615$2,927,271$3,977,594
70$4,457,653$3,255,735$2,958,241$4,232,776
71$4,843,127$3,346,059$2,988,136$4,510,390
72$5,265,739$3,438,629$3,016,851$4,812,649
73$5,729,209$3,533,487$3,044,281$5,141,993
74$6,237,634$3,630,673$3,070,309$5,501,110
75$6,795,525$3,730,229$3,094,817$5,892,960
76$7,407,854$3,832,194$3,117,678$6,320,806
77$8,080,094$3,936,611$3,138,759$6,788,242
78$8,818,276$4,043,518$3,157,921$7,299,227
79$9,629,045$4,152,955$3,175,016$7,858,124
80$10,519,718$4,264,960$3,189,890$8,469,741
81$11,498,358$4,379,572$3,202,380$9,139,374
82$12,573,847$4,496,827$3,212,315$9,872,861
83$13,755,969$4,616,761$3,219,517$10,676,632
84$15,055,504$4,739,409$3,223,798$11,557,776
85$16,484,330$4,864,805$3,224,959$12,524,102
86$18,055,530$4,992,979$3,222,794$13,584,214
87$19,783,522$5,123,962$3,217,086$14,747,598
88$21,684,188$5,257,783$3,207,605$16,024,704
89$23,775,029$5,394,468$3,194,113$17,427,047
90$26,075,325$5,534,041$3,176,359$18,967,319
91$28,606,322$5,676,522$3,154,081$20,659,505
92$31,391,427$5,821,932$3,127,003$22,519,018
93$34,456,431$5,970,286$3,094,836$24,562,842
94$37,829,753$6,121,595$3,057,279$26,809,695
95$41,542,705$6,275,870$3,014,015$29,280,204
96$45,629,788$6,433,116$2,964,712$31,997,100
97$50,129,021$6,593,333$2,909,024$34,985,436
98$55,082,293$6,756,518$2,846,588$38,272,818
99$60,535,762$6,922,662$2,777,024$41,889,671
100$66,540,289$7,091,753$2,699,934$45,869,524