Can I retire at age 65 with 4,300,000?

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 $4,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$355,090$351,927$348,841$345,829$342,888$336,654
2 years$175,787$172,513$169,340$166,264$163,280$157,021
3 years$116,027$112,739$109,574$106,527$103,592$97,503
4 years$86,153$82,875$79,742$76,747$73,882$68,012
5 years$68,234$64,975$61,883$58,949$56,164$50,528
6 years$56,291$53,057$50,011$47,142$44,441$39,045
7 years$47,764$44,557$41,559$38,758$36,142$30,989
8 years$41,371$38,194$35,245$32,513$29,984$25,071
9 years$36,402$33,255$30,357$27,694$25,250$20,576
10 years$32,429$29,312$26,466$23,872$21,515$17,074
11 years$29,181$26,095$23,300$20,776$18,503$14,291
12 years$26,475$23,422$20,678$18,223$16,035$12,045
13 years$24,188$21,166$18,475$16,089$13,982$10,210
14 years$22,229$19,239$16,600$14,282$12,257$8,694
15 years$20,533$17,576$14,987$12,737$10,792$7,432
16 years$19,051$16,125$13,588$11,404$9,538$6,373
17 years$17,744$14,851$12,365$10,247$8,457$5,480
18 years$16,583$13,723$11,287$9,234$7,520$4,723
19 years$15,546$12,718$10,333$8,344$6,702$4,079
20 years$14,614$11,818$9,483$7,557$5,987$3,528
21 years$13,772$11,008$8,723$6,859$5,357$3,056
22 years$13,007$10,276$8,039$6,236$4,802$2,650
23 years$12,310$9,611$7,423$5,679$4,311$2,301
24 years$11,672$9,005$6,865$5,180$3,875$1,999
25 years$11,086$8,450$6,358$4,731$3,487$1,739
26 years$10,546$7,942$5,897$4,325$3,141$1,513
27 years$10,047$7,474$5,476$3,959$2,831$1,317
28 years$9,584$7,043$5,090$3,627$2,555$1,148
29 years$9,154$6,644$4,737$3,326$2,307$1,000
30 years$8,753$6,275$4,412$3,053$2,085$872
31 years$8,379$5,932$4,114$2,804$1,885$761
32 years$8,029$5,613$3,838$2,577$1,705$663
33 years$7,701$5,315$3,584$2,369$1,543$579
34 years$7,393$5,038$3,348$2,180$1,397$505
35 years$7,103$4,778$3,130$2,007$1,265$441
36 years$6,829$4,535$2,928$1,848$1,146$385
37 years$6,572$4,307$2,741$1,703$1,039$336
38 years$6,328$4,094$2,567$1,570$942$294
39 years$6,097$3,893$2,405$1,447$854$257
40 years$5,879$3,704$2,254$1,335$775$224
41 years$5,671$3,525$2,114$1,232$703$196
42 years$5,475$3,357$1,983$1,137$638$171
43 years$5,287$3,199$1,860$1,049$579$149
44 years$5,109$3,049$1,746$969$525$131
45 years$4,939$2,908$1,640$895$477$114
46 years$4,777$2,774$1,540$826$433$100
47 years$4,623$2,647$1,447$764$393$87
48 years$4,475$2,527$1,360$706$357$76
49 years$4,334$2,413$1,278$652$324$67
50 years$4,198$2,305$1,202$603$295$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $4,300,000, adding $4,091 every year, while hoping to spend $59,783 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: 45/43/12 Blend
64$4,300,000$4,300,000$4,300,000$4,300,000
65$4,742,820$4,514,920$4,448,270$4,939,884
66$5,162,979$4,672,542$4,533,678$5,234,747
67$5,623,990$4,835,885$4,619,944$5,547,883
68$6,129,958$5,005,164$4,707,033$5,886,096
69$6,685,403$5,180,606$4,794,908$6,251,728
70$7,295,304$5,362,445$4,883,527$6,647,347
71$7,965,147$5,550,927$4,972,847$7,075,778
72$8,700,974$5,746,304$5,062,819$7,540,128
73$9,509,441$5,948,841$5,153,392$8,043,810
74$10,397,883$6,158,814$5,244,510$8,590,578
75$11,374,378$6,376,506$5,336,112$9,184,559
76$12,447,827$6,602,217$5,428,134$9,830,294
77$13,628,035$6,836,256$5,520,506$10,532,777
78$14,925,807$7,078,944$5,613,155$11,297,502
79$16,353,043$7,330,617$5,706,000$12,130,512
80$17,922,860$7,591,623$5,798,957$13,038,457
81$19,649,704$7,862,326$5,891,934$14,028,656
82$21,549,496$8,143,102$5,984,837$15,109,160
83$23,639,776$8,434,345$6,077,560$16,288,834
84$25,939,870$8,736,464$6,169,994$17,577,432
85$28,471,071$9,049,886$6,262,024$18,985,692
86$31,256,843$9,375,053$6,353,525$20,525,434
87$34,323,038$9,712,428$6,444,365$22,209,671
88$37,698,142$10,062,491$6,534,405$24,052,727
89$41,413,543$10,425,743$6,623,498$26,070,377
90$45,503,825$10,802,705$6,711,486$28,279,987
91$50,007,098$11,193,921$6,798,204$30,700,680
92$54,965,354$11,599,955$6,883,476$33,353,513
93$60,424,865$12,021,397$6,967,117$36,261,677
94$66,436,617$12,458,862$7,048,931$39,450,706
95$73,056,793$12,912,986$7,128,711$42,948,727
96$80,347,301$13,384,438$7,206,238$46,786,712
97$88,376,360$13,873,910$7,281,281$50,998,777
98$97,219,143$14,382,126$7,353,599$55,622,495
99$106,958,485$14,909,839$7,422,933$60,699,252
100$117,685,663$15,457,834$7,489,014$66,274,635