Can I retire at age 64 with 852,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$70,357$69,731$69,119$68,522$67,940$66,432
2 years$34,830$34,182$33,553$32,943$32,352$30,841
3 years$22,990$22,338$21,711$21,107$20,526$19,058
4 years$17,070$16,421$15,800$15,207$14,639$13,227
5 years$13,520$12,874$12,262$11,680$11,128$9,775
6 years$11,153$10,513$9,909$9,341$8,805$7,513
7 years$9,464$8,829$8,235$7,679$7,161$5,929
8 years$8,197$7,568$6,984$6,442$5,941$4,769
9 years$7,213$6,589$6,015$5,487$5,003$3,891
10 years$6,425$5,808$5,244$4,730$4,263$3,209
11 years$5,782$5,170$4,617$4,117$3,666$2,669
12 years$5,246$4,641$4,097$3,611$3,177$2,235
13 years$4,793$4,194$3,661$3,188$2,770$1,882
14 years$4,405$3,812$3,289$2,830$2,429$1,592
15 years$4,068$3,482$2,970$2,524$2,138$1,351
16 years$3,775$3,195$2,692$2,260$1,890$1,151
17 years$3,516$2,943$2,450$2,030$1,676$982
18 years$3,286$2,719$2,236$1,830$1,490$840
19 years$3,080$2,520$2,047$1,653$1,328$720
20 years$2,896$2,342$1,879$1,497$1,186$618
21 years$2,729$2,181$1,728$1,359$1,062$532
22 years$2,577$2,036$1,593$1,236$951$457
23 years$2,439$1,904$1,471$1,125$854$394
24 years$2,313$1,784$1,360$1,026$768$340
25 years$2,197$1,674$1,260$937$691$293
26 years$2,090$1,574$1,168$857$622$253
27 years$1,991$1,481$1,085$784$561$219
28 years$1,899$1,396$1,009$719$506$189
29 years$1,814$1,317$939$659$457$163
30 years$1,734$1,243$874$605$413$141
31 years$1,660$1,175$815$556$373$122
32 years$1,591$1,112$760$511$338$106
33 years$1,526$1,053$710$469$306$91
34 years$1,465$998$663$432$277$79
35 years$1,407$947$620$398$251$68
36 years$1,353$899$580$366$227$59
37 years$1,302$853$543$337$206$51
38 years$1,254$811$509$311$187$44
39 years$1,208$771$476$287$169$39
40 years$1,165$734$447$265$154$33
41 years$1,124$699$419$244$139$29
42 years$1,085$665$393$225$126$25
43 years$1,048$634$369$208$115$22
44 years$1,012$604$346$192$104$19
45 years$979$576$325$177$95$16
46 years$947$550$305$164$86$14
47 years$916$525$287$151$78$12
48 years$887$501$269$140$71$11
49 years$859$478$253$129$64$9
50 years$832$457$238$119$58$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $852,000, adding $2,059 every year, while hoping to spend $34,574 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: 60/18/22 Blend
63$852,000$852,000$852,000$852,000
64$941,028$895,872$882,666$991,894
65$1,000,226$902,983$875,449$1,033,749
66$1,064,304$909,284$866,831$1,075,437
67$1,133,723$914,698$856,729$1,120,154
68$1,208,989$919,145$845,056$1,168,201
69$1,290,660$922,538$831,720$1,219,910
70$1,379,351$924,785$816,626$1,275,645
71$1,475,734$925,790$799,673$1,335,814
72$1,580,553$925,448$780,756$1,400,863
73$1,694,624$923,649$759,766$1,471,285
74$1,818,845$920,277$736,587$1,547,628
75$1,954,205$915,208$711,100$1,630,494
76$2,101,791$908,310$683,179$1,720,550
77$2,262,801$899,445$652,693$1,818,530
78$2,438,552$888,464$619,504$1,925,248
79$2,630,497$875,210$583,470$2,041,600
80$2,840,230$859,519$544,439$2,168,577
81$3,069,512$841,213$502,255$2,307,273
82$3,320,277$820,107$456,756$2,458,895
83$3,594,656$796,003$407,768$2,624,778
84$3,894,997$768,694$355,115$2,806,392
85$4,223,885$737,957$298,608$3,005,362
86$4,584,163$703,560$238,055$3,223,482
87$4,978,968$665,254$173,250$3,462,731
88$5,411,751$622,779$103,981$3,725,295
89$5,886,312$575,858$30,027$4,013,583
90$6,406,839$524,199$0$4,330,257
91$6,977,944$467,492$0$4,689,731
92$7,604,707$405,411$0$5,092,035
93$8,292,722$337,611$0$5,533,747
94$9,048,153$263,728$0$6,018,874
95$9,877,789$183,376$0$6,551,830
96$10,789,111$96,148$0$7,137,485
97$11,790,356$1,615$0$7,781,204
98$12,890,603$0$0$8,488,903
99$14,099,849$0$0$9,287,045
100$15,429,113$0$0$10,164,827