Can I retire at age 65 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$297,285$294,637$292,053$289,531$287,069$280,129
2 years$147,171$144,430$141,773$139,198$136,700$129,750
3 years$97,139$94,386$91,737$89,185$86,728$79,985
4 years$72,128$69,384$66,761$64,253$61,855$55,371
5 years$57,126$54,398$51,809$49,352$47,021$40,814
6 years$47,127$44,420$41,869$39,468$37,206$31,282
7 years$39,988$37,304$34,794$32,448$30,259$24,619
8 years$34,637$31,976$29,508$27,220$25,102$19,744
9 years$30,476$27,841$25,415$23,186$21,140$16,059
10 years$27,150$24,541$22,157$19,986$18,012$13,203
11 years$24,430$21,847$19,507$17,394$15,491$10,946
12 years$22,165$19,609$17,312$15,257$13,424$9,137
13 years$20,251$17,721$15,467$13,470$11,706$7,667
14 years$18,611$16,107$13,897$11,957$10,262$6,463
15 years$17,191$14,714$12,547$10,663$9,035$5,467
16 years$15,949$13,500$11,376$9,548$7,985$4,639
17 years$14,855$12,433$10,352$8,579$7,080$3,946
18 years$13,884$11,489$9,450$7,731$6,295$3,364
19 years$13,016$10,648$8,651$6,986$5,611$2,873
20 years$12,235$9,894$7,939$6,327$5,012$2,457
21 years$11,530$9,216$7,303$5,742$4,485$2,104
22 years$10,890$8,603$6,731$5,221$4,020$1,804
23 years$10,306$8,046$6,214$4,755$3,609$1,548
24 years$9,772$7,539$5,747$4,337$3,244$1,329
25 years$9,281$7,075$5,323$3,960$2,919$1,142
26 years$8,829$6,649$4,937$3,621$2,629$982
27 years$8,411$6,258$4,584$3,315$2,371$845
28 years$8,024$5,897$4,262$3,037$2,139$727
29 years$7,664$5,563$3,966$2,785$1,931$626
30 years$7,328$5,253$3,694$2,556$1,745$539
31 years$7,015$4,966$3,444$2,347$1,578$464
32 years$6,722$4,699$3,213$2,157$1,427$400
33 years$6,447$4,450$3,000$1,984$1,292$345
34 years$6,189$4,218$2,803$1,825$1,169$297
35 years$5,946$4,000$2,621$1,680$1,059$256
36 years$5,718$3,797$2,452$1,547$960$221
37 years$5,502$3,606$2,295$1,426$870$190
38 years$5,298$3,427$2,149$1,314$789$164
39 years$5,105$3,259$2,013$1,212$715$142
40 years$4,922$3,101$1,887$1,118$649$122
41 years$4,748$2,951$1,770$1,031$588$105
42 years$4,583$2,811$1,660$952$534$91
43 years$4,427$2,678$1,558$878$485$78
44 years$4,277$2,553$1,462$811$440$68
45 years$4,135$2,434$1,373$749$399$58
46 years$3,999$2,322$1,289$692$363$50
47 years$3,870$2,216$1,211$639$329$43
48 years$3,746$2,116$1,138$591$299$37
49 years$3,628$2,020$1,070$546$272$32
50 years$3,515$1,930$1,006$505$247$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $3,600,000, adding $3,064 every year, while hoping to spend $48,089 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: 74/20/6 Blend
64$3,600,000$3,600,000$3,600,000$3,600,000
65$3,970,361$3,779,561$3,723,761$4,261,336
66$4,324,171$3,913,593$3,797,340$4,587,286
67$4,712,458$4,052,581$3,871,773$4,937,843
68$5,138,689$4,196,717$3,947,037$5,320,477
69$5,606,679$4,346,200$4,023,107$5,738,342
70$6,120,636$4,501,240$4,099,957$6,194,911
71$6,685,192$4,662,051$4,177,556$6,694,005
72$7,305,451$4,828,861$4,255,874$7,239,830
73$7,987,034$5,001,903$4,334,873$7,837,021
74$8,736,137$5,181,421$4,414,516$8,490,675
75$9,559,582$5,367,670$4,494,762$9,206,410
76$10,464,888$5,560,915$4,575,565$9,990,408
77$11,460,338$5,761,430$4,656,877$10,849,480
78$12,555,056$5,969,504$4,738,647$11,791,123
79$13,759,097$6,185,435$4,820,817$12,823,596
80$15,083,539$6,409,535$4,903,328$13,955,995
81$16,540,585$6,642,128$4,986,115$15,198,336
82$18,143,684$6,883,551$5,069,108$16,561,651
83$19,907,651$7,134,156$5,152,235$18,058,094
84$21,848,812$7,394,311$5,235,416$19,701,049
85$23,985,155$7,664,396$5,318,566$21,505,260
86$26,336,500$7,944,811$5,401,597$23,486,968
87$28,924,685$8,235,968$5,484,412$25,664,063
88$31,773,773$8,538,301$5,566,911$28,056,252
89$34,910,279$8,852,259$5,648,984$30,685,247
90$38,363,420$9,178,313$5,730,517$33,574,963
91$42,165,389$9,516,950$5,811,389$36,751,750
92$46,351,659$9,868,680$5,891,471$40,244,633
93$50,961,318$10,234,036$5,970,625$44,085,594
94$56,037,439$10,613,570$6,048,708$48,309,862
95$61,627,484$11,007,861$6,125,565$52,956,255
96$67,783,751$11,417,510$6,201,036$58,067,538
97$74,563,871$11,843,145$6,274,947$63,690,828
98$82,031,347$12,285,421$6,347,120$69,878,038
99$90,256,158$12,745,020$6,417,362$76,686,366
100$99,315,414$13,222,654$6,485,472$84,178,831