Can I retire at age 65 with 5,400,000?

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$445,927$441,955$438,080$434,297$430,604$421,909
2 years$220,756$216,645$212,660$208,797$205,049$196,328
3 years$145,709$141,580$137,605$133,778$130,092$121,616
4 years$108,192$104,076$100,141$96,380$92,783$84,617
5 years$85,689$81,597$77,714$74,029$70,532$62,700
6 years$70,691$66,630$62,804$59,201$55,809$48,319
7 years$59,983$55,956$52,191$48,673$45,388$38,242
8 years$51,955$47,964$44,262$40,830$37,654$30,849
9 years$45,714$41,762$38,123$34,778$31,710$25,242
10 years$40,725$36,811$33,236$29,979$27,018$20,882
11 years$36,645$32,771$29,261$26,091$23,237$17,423
12 years$33,248$29,413$25,968$22,885$20,136$14,638
13 years$30,376$26,581$23,201$20,204$17,559$12,366
14 years$27,916$24,161$20,846$17,935$15,392$10,495
15 years$25,786$22,072$18,821$15,995$13,553$8,940
16 years$23,924$20,250$17,064$14,322$11,978$7,640
17 years$22,283$18,650$15,528$12,868$10,620$6,546
18 years$20,826$17,233$14,175$11,597$9,443$5,621
19 years$19,523$15,972$12,976$10,479$8,417$4,836
20 years$18,353$14,842$11,909$9,490$7,518$4,168
21 years$17,295$13,824$10,954$8,613$6,728$3,596
22 years$16,335$12,905$10,096$7,831$6,031$3,107
23 years$15,459$12,069$9,322$7,132$5,413$2,687
24 years$14,658$11,308$8,621$6,505$4,866$2,325
25 years$13,922$10,612$7,985$5,941$4,378$2,014
26 years$13,244$9,974$7,405$5,432$3,944$1,746
27 years$12,617$9,386$6,877$4,972$3,556$1,514
28 years$12,035$8,845$6,393$4,555$3,208$1,313
29 years$11,495$8,344$5,949$4,177$2,897$1,140
30 years$10,992$7,880$5,541$3,834$2,618$990
31 years$10,522$7,449$5,166$3,521$2,367$860
32 years$10,083$7,049$4,820$3,236$2,141$747
33 years$9,671$6,675$4,500$2,976$1,937$649
34 years$9,284$6,326$4,205$2,738$1,754$564
35 years$8,920$6,001$3,931$2,520$1,589$490
36 years$8,576$5,695$3,678$2,321$1,440$426
37 years$8,253$5,409$3,442$2,139$1,305$371
38 years$7,947$5,141$3,223$1,971$1,183$322
39 years$7,657$4,888$3,020$1,818$1,073$280
40 years$7,383$4,651$2,831$1,676$973$244
41 years$7,122$4,427$2,654$1,547$883$212
42 years$6,875$4,216$2,490$1,427$801$185
43 years$6,640$4,017$2,336$1,318$727$161
44 years$6,416$3,829$2,193$1,217$660$140
45 years$6,203$3,652$2,059$1,124$599$122
46 years$5,999$3,484$1,934$1,038$544$106
47 years$5,805$3,324$1,817$959$494$92
48 years$5,619$3,174$1,707$886$448$80
49 years$5,442$3,031$1,605$819$407$70
50 years$5,272$2,895$1,509$757$370$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $5,400,000, adding $5,077 every year, while hoping to spend $25,363 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: 71/20/9 Blend
64$5,400,000$5,400,000$5,400,000$5,400,000
65$5,956,037$5,669,837$5,586,137$6,368,802
66$6,536,567$5,920,673$5,746,286$6,893,289
67$7,175,460$6,182,950$5,910,951$7,463,586
68$7,878,644$6,457,201$6,080,255$8,087,132
69$8,652,649$6,743,987$6,254,326$8,769,164
70$9,504,669$7,043,892$6,433,296$9,515,448
71$10,442,632$7,357,530$6,617,298$10,332,328
72$11,475,275$7,685,544$6,806,473$11,226,787
73$12,612,224$8,028,606$7,000,960$12,206,510
74$13,864,085$8,387,422$7,200,907$13,279,959
75$15,242,547$8,762,731$7,406,462$14,456,448
76$16,760,489$9,155,306$7,617,780$15,746,229
77$18,432,101$9,565,959$7,835,018$17,160,592
78$20,273,021$9,995,537$8,058,338$18,711,965
79$22,300,483$10,444,932$8,287,905$20,414,032
80$24,533,473$10,915,074$8,523,891$22,281,863
81$26,992,916$11,406,942$8,766,470$24,332,050
82$29,701,869$11,921,557$9,015,822$26,582,864
83$32,685,739$12,459,992$9,272,131$29,054,426
84$35,972,523$13,023,371$9,535,587$31,768,897
85$39,593,073$13,612,869$9,806,382$34,750,679
86$43,581,387$14,229,720$10,084,716$38,026,651
87$47,974,929$14,875,217$10,370,795$41,626,416
88$52,814,981$15,550,712$10,664,826$45,582,577
89$58,147,038$16,257,625$10,967,026$49,931,047
90$64,021,229$16,997,442$11,277,614$54,711,382
91$70,492,798$17,771,720$11,596,818$59,967,154
92$77,622,621$18,582,092$11,924,869$65,746,358
93$85,477,782$19,430,269$12,262,006$72,101,861
94$94,132,206$20,318,042$12,608,474$79,091,905
95$103,667,356$21,247,291$12,964,522$86,780,643
96$114,173,001$22,219,983$13,330,408$95,238,752
97$125,748,066$23,238,181$13,706,396$104,544,089
98$138,501,565$24,304,048$14,092,757$114,782,427
99$152,553,627$25,419,850$14,489,767$126,048,260
100$168,036,635$26,587,959$14,897,711$138,445,691