Can I retire at age 65 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$470,701$466,508$462,417$458,425$454,526$449,032
2 years$233,020$228,680$224,474$220,396$216,441$210,912
3 years$153,804$149,445$145,250$141,210$137,319$131,927
4 years$114,203$109,858$105,705$101,734$97,937$92,723
5 years$90,449$86,130$82,031$78,141$74,450$69,430
6 years$74,618$70,332$66,293$62,490$58,910$54,089
7 years$63,315$59,064$55,090$51,377$47,910$43,290
8 years$54,841$50,629$46,721$43,099$39,746$35,327
9 years$48,254$44,082$40,241$36,711$33,472$29,252
10 years$42,987$38,856$35,083$31,645$28,519$24,496
11 years$38,681$34,591$30,886$27,540$24,528$20,697
12 years$35,095$31,047$27,411$24,157$21,255$17,613
13 years$32,063$28,058$24,490$21,327$18,535$15,077
14 years$29,467$25,504$22,004$18,931$16,248$12,969
15 years$27,218$23,298$19,867$16,884$14,306$11,200
16 years$25,253$21,375$18,012$15,117$12,643$9,706
17 years$23,521$19,686$16,390$13,583$11,210$8,436
18 years$21,983$18,191$14,962$12,241$9,968$7,349
19 years$20,608$16,859$13,697$11,061$8,885$6,417
20 years$19,372$15,666$12,571$10,018$7,936$5,612
21 years$18,256$14,592$11,563$9,092$7,102$4,917
22 years$17,242$13,621$10,657$8,266$6,366$4,313
23 years$16,318$12,740$9,840$7,528$5,714$3,788
24 years$15,472$11,936$9,100$6,866$5,136$3,330
25 years$14,695$11,202$8,428$6,271$4,622$2,931
26 years$13,979$10,528$7,817$5,734$4,163$2,581
27 years$13,318$9,908$7,259$5,248$3,753$2,274
28 years$12,704$9,336$6,748$4,808$3,387$2,005
29 years$12,134$8,808$6,279$4,409$3,058$1,769
30 years$11,603$8,318$5,849$4,047$2,763$1,562
31 years$11,107$7,863$5,453$3,717$2,498$1,379
32 years$10,643$7,440$5,088$3,416$2,260$1,218
33 years$10,208$7,046$4,750$3,141$2,045$1,076
34 years$9,799$6,678$4,438$2,890$1,852$951
35 years$9,415$6,334$4,150$2,660$1,677$841
36 years$9,053$6,012$3,882$2,450$1,520$744
37 years$8,711$5,710$3,633$2,257$1,377$658
38 years$8,388$5,426$3,403$2,081$1,249$582
39 years$8,082$5,160$3,188$1,919$1,132$515
40 years$7,793$4,909$2,988$1,770$1,027$456
41 years$7,518$4,673$2,802$1,633$932$403
42 years$7,257$4,451$2,628$1,507$845$357
43 years$7,009$4,241$2,466$1,391$767$316
44 years$6,772$4,042$2,315$1,284$696$280
45 years$6,547$3,855$2,174$1,186$632$247
46 years$6,333$3,677$2,042$1,096$574$219
47 years$6,128$3,509$1,918$1,012$521$194
48 years$5,932$3,350$1,802$935$473$172
49 years$5,744$3,199$1,694$864$430$152
50 years$5,565$3,056$1,593$799$391$135

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $5,700,000, adding $5,759 every year, while hoping to spend $30,496 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: 45/48/7 Blend
64$5,700,000$5,700,000$5,700,000$5,700,000
65$6,287,340$5,985,240$5,896,890$6,557,765
66$6,896,202$6,246,070$6,061,989$7,005,731
67$7,566,145$6,518,657$6,231,596$7,487,552
68$8,303,367$6,803,548$6,405,830$8,009,270
69$9,114,700$7,101,310$6,584,814$8,574,565
70$10,007,666$7,412,541$6,768,672$9,187,480
71$10,990,557$7,737,866$6,957,533$9,852,449
72$12,072,510$8,077,937$7,151,526$10,574,343
73$13,263,592$8,433,441$7,350,787$11,358,507
74$14,574,893$8,805,095$7,555,454$12,210,814
75$16,018,637$9,193,650$7,765,667$13,137,714
76$17,608,292$9,599,893$7,981,571$14,146,292
77$19,358,698$10,024,648$8,203,314$15,244,333
78$21,286,208$10,468,778$8,431,047$16,440,392
79$23,408,841$10,933,188$8,664,927$17,743,872
80$25,746,453$11,418,824$8,905,112$19,165,108
81$28,320,924$11,926,679$9,151,766$20,715,460
82$31,156,363$12,457,791$9,405,054$22,407,420
83$34,279,337$13,013,248$9,665,150$24,254,725
84$37,719,124$13,594,192$9,932,226$26,272,477
85$41,507,983$14,201,815$10,206,464$28,477,291
86$45,681,462$14,837,369$10,488,046$30,887,437
87$50,278,736$15,502,165$10,777,160$33,523,016
88$55,342,972$16,197,576$11,074,000$36,406,139
89$60,921,737$16,925,040$11,378,761$39,561,134
90$67,067,451$17,686,063$11,691,646$43,014,769
91$73,837,876$18,482,225$12,012,861$46,796,499
92$81,296,665$19,315,180$12,342,618$50,938,738
93$89,513,961$20,186,660$12,681,132$55,477,157
94$98,567,060$21,098,481$13,028,625$60,451,018
95$108,541,140$22,052,546$13,385,323$65,903,535
96$119,530,063$23,050,848$13,751,458$71,882,275
97$131,637,265$24,095,475$14,127,267$78,439,600
98$144,976,728$25,188,615$14,512,992$85,633,155
99$159,674,058$26,332,561$14,908,882$93,526,400
100$175,867,672$27,529,717$15,315,190$102,189,204