Can I retire at age 65 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$338,574$335,558$332,616$329,744$326,940$325,152
2 years$167,611$164,489$161,464$158,531$155,686$153,882
3 years$110,631$107,496$104,478$101,572$98,773$97,009
4 years$82,146$79,021$76,033$73,177$70,446$68,735
5 years$65,060$61,953$59,005$56,207$53,552$51,899
6 years$53,673$50,589$47,685$44,949$42,374$40,782
7 years$45,542$42,485$39,626$36,955$34,461$32,930
8 years$39,447$36,417$33,606$31,001$28,589$27,119
9 years$34,709$31,708$28,945$26,406$24,076$22,667
10 years$30,921$27,949$25,235$22,762$20,514$19,165
11 years$27,823$24,881$22,216$19,810$17,643$16,354
12 years$25,244$22,332$19,716$17,376$15,289$14,058
13 years$23,063$20,182$17,615$15,340$13,332$12,158
14 years$21,195$18,345$15,827$13,617$11,687$10,569
15 years$19,578$16,758$14,290$12,144$10,290$9,226
16 years$18,165$15,375$12,956$10,874$9,094$8,084
17 years$16,918$14,160$11,790$9,770$8,064$7,104
18 years$15,812$13,085$10,762$8,805$7,170$6,260
19 years$14,823$12,127$9,852$7,956$6,391$5,529
20 years$13,935$11,269$9,042$7,206$5,708$4,893
21 years$13,132$10,496$8,317$6,540$5,108$4,337
22 years$12,402$9,798$7,665$5,946$4,579$3,851
23 years$11,738$9,164$7,078$5,415$4,110$3,423
24 years$11,129$8,586$6,546$4,939$3,694$3,047
25 years$10,570$8,057$6,062$4,510$3,324$2,715
26 years$10,055$7,573$5,623$4,124$2,994$2,421
27 years$9,579$7,127$5,221$3,775$2,700$2,161
28 years$9,138$6,716$4,854$3,459$2,436$1,930
29 years$8,728$6,335$4,517$3,172$2,200$1,725
30 years$8,346$5,983$4,207$2,911$1,988$1,542
31 years$7,989$5,656$3,922$2,673$1,797$1,380
32 years$7,655$5,352$3,660$2,457$1,625$1,235
33 years$7,342$5,068$3,417$2,259$1,471$1,106
34 years$7,049$4,803$3,193$2,079$1,332$991
35 years$6,772$4,556$2,985$1,914$1,206$888
36 years$6,512$4,324$2,792$1,762$1,093$796
37 years$6,266$4,107$2,614$1,624$991$713
38 years$6,034$3,903$2,447$1,497$898$640
39 years$5,814$3,712$2,293$1,380$814$574
40 years$5,605$3,531$2,149$1,273$739$515
41 years$5,408$3,361$2,015$1,174$670$462
42 years$5,220$3,201$1,890$1,084$608$414
43 years$5,041$3,050$1,774$1,000$552$372
44 years$4,871$2,907$1,665$924$501$334
45 years$4,709$2,773$1,563$853$455$300
46 years$4,555$2,645$1,468$788$413$269
47 years$4,408$2,524$1,380$728$375$241
48 years$4,267$2,410$1,296$673$341$217
49 years$4,132$2,301$1,219$622$309$195
50 years$4,003$2,198$1,146$575$281$175

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $4,100,000, adding $5,252 every year, while hoping to spend $32,774 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: 69/22/9 Blend
64$4,100,000$4,100,000$4,100,000$4,100,000
65$4,523,617$4,306,317$4,242,767$4,827,665
66$4,950,155$4,482,456$4,350,029$5,206,013
67$5,419,101$4,666,126$4,459,785$5,615,279
68$5,934,747$4,857,664$4,572,085$6,062,110
69$6,501,819$5,057,418$4,686,978$6,550,185
70$7,125,528$5,265,754$4,804,515$7,083,555
71$7,811,611$5,483,056$4,924,746$7,666,675
72$8,566,392$5,709,722$5,047,722$8,304,452
73$9,396,838$5,946,172$5,173,494$9,002,285
74$10,310,624$6,192,843$5,302,115$9,766,115
75$11,316,209$6,450,194$5,433,637$10,602,485
76$12,422,911$6,718,702$5,568,112$11,518,596
77$13,640,999$6,998,869$5,705,595$12,522,377
78$14,981,787$7,291,220$5,846,139$13,622,556
79$16,457,742$7,596,302$5,989,797$14,828,746
80$18,082,600$7,914,689$6,136,623$16,151,529
81$19,871,498$8,246,982$6,286,673$17,602,557
82$21,841,114$8,593,808$6,440,000$19,194,663
83$24,009,827$8,955,824$6,596,659$20,941,979
84$26,397,888$9,333,717$6,756,706$22,860,066
85$29,027,611$9,728,208$6,920,194$24,966,064
86$31,923,586$10,140,049$7,087,179$27,278,849
87$35,112,908$10,570,027$7,257,716$29,819,210
88$38,625,434$11,018,968$7,431,859$32,610,046
89$42,494,064$11,487,733$7,609,662$35,676,578
90$46,755,053$11,977,227$7,791,180$39,046,587
91$51,448,350$12,488,393$7,976,466$42,750,672
92$56,617,979$13,022,221$8,165,575$46,822,542
93$62,312,450$13,579,747$8,358,559$51,299,327
94$68,585,218$14,162,053$8,555,469$56,221,929
95$75,495,192$14,770,275$8,756,359$61,635,406
96$83,107,283$15,405,600$8,961,278$67,589,396
97$91,493,021$16,069,270$9,170,277$74,138,580
98$100,731,233$16,762,587$9,383,404$81,343,201
99$110,908,778$17,486,914$9,600,708$89,269,625
100$122,121,376$18,243,675$9,822,234$97,990,968