Can I retire at age 65 with 2,750,000?

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$227,092$225,070$223,096$221,170$219,289$215,125
2 years$112,422$110,328$108,299$106,332$104,423$100,245
3 years$74,204$72,101$70,077$68,128$66,250$62,187
4 years$55,098$53,002$50,998$49,082$47,250$43,334
5 years$43,638$41,554$39,576$37,700$35,919$32,160
6 years$36,000$33,932$31,984$30,149$28,421$24,825
7 years$30,547$28,496$26,579$24,787$23,114$19,680
8 years$26,458$24,426$22,541$20,793$19,175$15,903
9 years$23,280$21,268$19,414$17,711$16,149$13,036
10 years$20,740$18,746$16,926$15,267$13,759$10,804
11 years$18,662$16,689$14,901$13,287$11,834$9,032
12 years$16,932$14,979$13,224$11,655$10,255$7,603
13 years$15,469$13,537$11,815$10,289$8,942$6,436
14 years$14,216$12,304$10,616$9,134$7,839$5,473
15 years$13,132$11,240$9,585$8,146$6,902$4,672
16 years$12,184$10,313$8,690$7,293$6,100$4,001
17 years$11,348$9,498$7,908$6,553$5,409$3,435
18 years$10,606$8,776$7,219$5,906$4,809$2,957
19 years$9,943$8,134$6,608$5,336$4,286$2,549
20 years$9,346$7,558$6,065$4,833$3,829$2,202
21 years$8,808$7,040$5,578$4,386$3,426$1,904
22 years$8,319$6,572$5,141$3,988$3,071$1,649
23 years$7,873$6,146$4,747$3,632$2,757$1,429
24 years$7,465$5,759$4,390$3,313$2,478$1,240
25 years$7,090$5,404$4,066$3,025$2,230$1,077
26 years$6,744$5,079$3,771$2,766$2,008$935
27 years$6,425$4,780$3,502$2,532$1,811$813
28 years$6,129$4,504$3,256$2,320$1,634$707
29 years$5,854$4,249$3,030$2,127$1,475$615
30 years$5,598$4,013$2,822$1,952$1,333$536
31 years$5,359$3,794$2,631$1,793$1,205$466
32 years$5,135$3,590$2,455$1,648$1,090$406
33 years$4,925$3,399$2,292$1,515$987$354
34 years$4,728$3,222$2,141$1,394$893$308
35 years$4,542$3,056$2,002$1,284$809$269
36 years$4,368$2,900$1,873$1,182$733$234
37 years$4,203$2,755$1,753$1,089$664$204
38 years$4,047$2,618$1,642$1,004$602$178
39 years$3,899$2,489$1,538$926$546$155
40 years$3,760$2,369$1,442$854$495$135
41 years$3,627$2,255$1,352$788$449$118
42 years$3,501$2,147$1,268$727$408$103
43 years$3,381$2,046$1,190$671$370$90
44 years$3,267$1,950$1,117$620$336$78
45 years$3,159$1,860$1,049$572$305$68
46 years$3,055$1,774$985$529$277$60
47 years$2,956$1,693$925$488$251$52
48 years$2,862$1,616$870$451$228$45
49 years$2,771$1,543$817$417$207$40
50 years$2,685$1,474$768$385$188$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,750,000, adding $3,511 every year, while hoping to spend $35,388 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: 45/42/13 Blend
64$2,750,000$2,750,000$2,750,000$2,750,000
65$3,034,122$2,888,372$2,845,747$3,159,263
66$3,305,949$2,992,249$2,903,427$3,350,502
67$3,604,318$3,100,031$2,961,853$3,553,884
68$3,931,896$3,211,870$3,021,013$3,773,639
69$4,291,625$3,327,928$3,080,893$4,011,296
70$4,686,746$3,448,371$3,141,477$4,268,533
71$5,120,825$3,573,373$3,202,748$4,547,193
72$5,597,796$3,703,114$3,264,687$4,849,305
73$6,121,989$3,837,785$3,327,272$5,177,095
74$6,698,176$3,977,581$3,390,480$5,533,014
75$7,331,615$4,122,706$3,454,285$5,919,756
76$8,028,096$4,273,375$3,518,660$6,340,283
77$8,794,000$4,429,810$3,583,574$6,797,853
78$9,636,359$4,592,241$3,648,994$7,296,051
79$10,562,918$4,760,911$3,714,886$7,838,818
80$11,582,210$4,936,071$3,781,209$8,430,494
81$12,703,640$5,117,982$3,847,924$9,075,850
82$13,937,566$5,306,918$3,914,984$9,780,140
83$15,295,405$5,503,165$3,982,344$10,549,142
84$16,789,734$5,707,018$4,049,950$11,389,219
85$18,434,412$5,918,786$4,117,748$12,307,372
86$20,244,709$6,138,794$4,185,680$13,311,307
87$22,237,451$6,367,376$4,253,682$14,409,510
88$24,431,178$6,604,884$4,321,686$15,611,318
89$26,846,318$6,851,684$4,389,623$16,927,015
90$29,505,382$7,108,156$4,457,415$18,367,921
91$32,433,174$7,374,698$4,524,981$19,946,501
92$35,657,025$7,651,726$4,592,236$21,676,480
93$39,207,053$7,939,672$4,659,087$23,572,972
94$43,116,443$8,238,987$4,725,437$25,652,619
95$47,421,765$8,550,142$4,791,184$27,933,750
96$52,163,314$8,873,628$4,856,218$30,436,550
97$57,385,494$9,209,957$4,920,423$33,183,248
98$63,137,234$9,559,665$4,983,676$36,198,329
99$69,472,452$9,923,308$5,045,849$39,508,757
100$76,450,561$10,301,469$5,106,804$43,144,235