Can I retire at age 65 with 4,000,000?

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 $4,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$330,316$327,374$324,503$321,702$318,966$316,558
2 years$163,523$160,477$157,526$154,664$151,888$149,461
3 years$107,932$104,874$101,930$99,095$96,364$93,992
4 years$80,143$77,093$74,179$71,392$68,728$66,429
5 years$63,473$60,442$57,566$54,836$52,246$50,028
6 years$52,364$49,356$46,522$43,853$41,340$39,206
7 years$44,431$41,449$38,660$36,054$33,621$31,570
8 years$38,485$35,529$32,787$30,245$27,892$25,926
9 years$33,863$30,935$28,239$25,762$23,489$21,606
10 years$30,167$27,267$24,619$22,207$20,014$18,214
11 years$27,145$24,274$21,675$19,327$17,212$15,494
12 years$24,628$21,787$19,236$16,952$14,916$13,278
13 years$22,501$19,689$17,186$14,966$13,007$11,447
14 years$20,678$17,897$15,441$13,285$11,402$9,918
15 years$19,101$16,349$13,942$11,848$10,039$8,629
16 years$17,722$15,000$12,640$10,609$8,873$7,535
17 years$16,506$13,815$11,502$9,532$7,867$6,599
18 years$15,426$12,765$10,500$8,590$6,995$5,794
19 years$14,462$11,831$9,612$7,762$6,235$5,099
20 years$13,595$10,994$8,821$7,030$5,569$4,496
21 years$12,811$10,240$8,114$6,380$4,984$3,971
22 years$12,100$9,559$7,478$5,801$4,467$3,513
23 years$11,451$8,940$6,905$5,283$4,010$3,111
24 years$10,858$8,376$6,386$4,818$3,604$2,759
25 years$10,313$7,861$5,915$4,400$3,243$2,448
26 years$9,810$7,388$5,486$4,024$2,921$2,175
27 years$9,346$6,953$5,094$3,683$2,634$1,933
28 years$8,915$6,552$4,735$3,374$2,377$1,720
29 years$8,515$6,181$4,407$3,094$2,146$1,531
30 years$8,142$5,837$4,105$2,840$1,939$1,363
31 years$7,794$5,518$3,827$2,608$1,753$1,215
32 years$7,469$5,221$3,570$2,397$1,586$1,083
33 years$7,163$4,945$3,334$2,204$1,435$966
34 years$6,877$4,686$3,115$2,028$1,299$861
35 years$6,607$4,445$2,912$1,867$1,177$769
36 years$6,353$4,219$2,724$1,719$1,066$686
37 years$6,113$4,007$2,550$1,584$966$612
38 years$5,886$3,808$2,388$1,460$876$547
39 years$5,672$3,621$2,237$1,346$795$488
40 years$5,469$3,445$2,097$1,242$721$436
41 years$5,276$3,279$1,966$1,146$654$390
42 years$5,093$3,123$1,844$1,057$593$348
43 years$4,918$2,976$1,731$976$538$311
44 years$4,753$2,837$1,624$901$489$278
45 years$4,595$2,705$1,525$832$444$249
46 years$4,444$2,580$1,433$769$403$222
47 years$4,300$2,462$1,346$710$366$199
48 years$4,163$2,351$1,265$656$332$177
49 years$4,031$2,245$1,189$607$302$159
50 years$3,905$2,144$1,118$561$274$142

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $4,000,000, adding $2,085 every year, while hoping to spend $59,653 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: 28/45/27 Blend
64$4,000,000$4,000,000$4,000,000$4,000,000
65$4,410,151$4,198,151$4,136,151$4,496,577
66$4,796,516$4,340,390$4,211,241$4,707,806
67$5,220,291$4,487,599$4,286,848$4,929,273
68$5,685,228$4,639,960$4,362,926$5,166,008
69$6,195,462$4,797,658$4,439,425$5,419,361
70$6,755,546$4,960,890$4,516,292$5,690,815
71$7,370,495$5,129,857$4,593,471$5,981,995
72$8,045,834$5,304,768$4,670,901$6,294,691
73$8,787,649$5,485,842$4,748,516$6,630,863
74$9,602,646$5,673,305$4,826,247$6,992,669
75$10,498,209$5,867,391$4,904,021$7,382,477
76$11,482,478$6,068,344$4,981,756$7,802,892
77$12,564,415$6,276,417$5,059,369$8,256,776
78$13,753,897$6,491,874$5,136,771$8,747,275
79$15,061,807$6,714,987$5,213,864$9,277,850
80$16,500,130$6,946,041$5,290,548$9,852,305
81$18,082,077$7,185,330$5,366,714$10,474,824
82$19,822,198$7,433,160$5,442,249$11,150,012
83$21,736,528$7,689,851$5,517,029$11,882,931
84$23,842,732$7,955,732$5,590,928$12,679,154
85$26,160,274$8,231,147$5,663,808$13,544,810
86$28,710,602$8,516,453$5,735,526$14,486,645
87$31,517,346$8,812,022$5,805,929$15,512,085
88$34,606,543$9,118,238$5,874,855$16,629,299
89$38,006,883$9,435,504$5,942,135$17,847,283
90$41,749,977$9,764,236$6,007,588$19,175,938
91$45,870,658$10,104,867$6,071,026$20,626,163
92$50,407,307$10,457,847$6,132,247$22,209,959
93$55,402,217$10,823,646$6,191,042$23,940,537
94$60,901,988$11,202,750$6,247,187$25,832,445
95$66,957,971$11,595,665$6,300,448$27,901,701
96$73,626,751$12,002,919$6,350,579$30,165,946
97$80,970,676$12,425,059$6,397,320$32,644,604
98$89,058,452$12,862,654$6,440,398$35,359,068
99$97,965,788$13,316,298$6,479,525$38,332,898
100$107,776,108$13,786,606$6,514,399$41,592,043