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Can I Retire on $2 Million?

$80,000/yr
what $2 Million safely provides at the 4% rule — about $6,667/month

Yes — in much of the world. Whether $2 million is "enough" depends almost entirely on where you live. At a 4% withdrawal rate it throws off about $80,000 a year. Here's how far that goes against the 59 cities we track, for one person at each lifestyle:

LifestyleCities within reach
Lean59 of 59
Comfortable56 of 59
Fat (roomy)27 of 59

Where $2 million retires you comfortably

A comfortable life — a decent rental, eating out, some travel — in these places costs less than your $80,000 budget:

CityComfortable cost / yr
Ho Chi Minh City Vietnam$20,000
Medellin Colombia$22,000
Bengaluru India$22,000
Chiang Mai Thailand$22,000
Buenos Aires Argentina$24,000
Bali Indonesia$24,000
Playa del Carmen Mexico$26,000
Kuala Lumpur Malaysia$26,000
Mexico City Mexico$28,000
Mumbai India$28,000
Santiago Chile$30,000
Krakow Poland$30,000

Just out of reach

These are the cities you're closest to affording a comfortable life in — and the portfolio each would need at 4%:

CityPortfolio needed
New York United States$2,375,000
Zurich Switzerland$2,400,000
San Francisco United States$2,450,000

See your own map

Change the lifestyle, add a pension or Social Security, or pick a more conservative withdrawal rate — the full calculator ranks all 59 cities against your numbers:

Open the Portfolio Atlas → Coast FIRE →

See more: all retirement & investing calculators.