Can I retire at age 65 with 266,000?

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 $266,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$21,966$21,770$21,579$21,393$21,211$20,817
2 years$10,874$10,672$10,475$10,285$10,101$9,705
3 years$7,178$6,974$6,778$6,590$6,408$6,023
4 years$5,329$5,127$4,933$4,748$4,570$4,199
5 years$4,221$4,019$3,828$3,647$3,474$3,118
6 years$3,482$3,282$3,094$2,916$2,749$2,408
7 years$2,955$2,756$2,571$2,398$2,236$1,910
8 years$2,559$2,363$2,180$2,011$1,855$1,545
9 years$2,252$2,057$1,878$1,713$1,562$1,267
10 years$2,006$1,813$1,637$1,477$1,331$1,051
11 years$1,805$1,614$1,441$1,285$1,145$879
12 years$1,638$1,449$1,279$1,127$992$740
13 years$1,496$1,309$1,143$995$865$627
14 years$1,375$1,190$1,027$883$758$534
15 years$1,270$1,087$927$788$668$456
16 years$1,178$998$841$705$590$391
17 years$1,098$919$765$634$523$336
18 years$1,026$849$698$571$465$289
19 years$962$787$639$516$415$249
20 years$904$731$587$467$370$216
21 years$852$681$540$424$331$187
22 years$805$636$497$386$297$162
23 years$762$595$459$351$267$140
24 years$722$557$425$320$240$122
25 years$686$523$393$293$216$106
26 years$652$491$365$268$194$92
27 years$621$462$339$245$175$80
28 years$593$436$315$224$158$70
29 years$566$411$293$206$143$61
30 years$541$388$273$189$129$53
31 years$518$367$254$173$117$46
32 years$497$347$237$159$105$40
33 years$476$329$222$147$95$35
34 years$457$312$207$135$86$31
35 years$439$296$194$124$78$27
36 years$422$281$181$114$71$23
37 years$407$266$170$105$64$20
38 years$391$253$159$97$58$18
39 years$377$241$149$90$53$15
40 years$364$229$139$83$48$13
41 years$351$218$131$76$43$12
42 years$339$208$123$70$39$10
43 years$327$198$115$65$36$9
44 years$316$189$108$60$33$8
45 years$306$180$101$55$30$7
46 years$296$172$95$51$27$6
47 years$286$164$90$47$24$5
48 years$277$156$84$44$22$5
49 years$268$149$79$40$20$4
50 years$260$143$74$37$18$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $266,000, adding $6,764 every year, while hoping to spend $22,141 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: 79/8/13 Blend
64$266,000$266,000$266,000$266,000
65$300,109$286,011$281,888$322,524
66$307,162$276,468$267,773$328,680
67$314,193$265,715$252,444$331,905
68$321,175$253,669$235,835$334,810
69$328,080$240,244$217,881$337,352
70$334,875$225,347$198,511$339,487
71$341,523$208,879$177,651$341,165
72$347,982$190,739$155,227$342,330
73$354,207$170,815$131,157$342,922
74$360,144$148,993$105,359$342,876
75$365,736$125,151$77,745$342,117
76$370,917$99,159$48,226$340,568
77$375,614$70,882$16,706$338,140
78$379,748$40,176$0$334,737
79$383,226$6,888$0$332,602
80$385,948$0$0$331,898
81$387,802$0$0$332,758
82$388,664$0$0$333,355
83$388,395$0$0$332,963
84$386,841$0$0$331,448
85$383,832$0$0$328,660
86$379,178$0$0$324,436
87$372,670$0$0$318,591
88$364,074$0$0$310,924
89$353,134$0$0$301,209
90$339,563$0$0$289,199
91$323,046$0$0$274,617
92$303,233$0$0$257,160
93$279,737$0$0$236,490
94$252,130$0$0$212,233
95$219,938$0$0$183,979
96$182,639$0$0$151,272
97$139,654$0$0$113,606
98$90,344$0$0$70,426
99$34,002$0$0$21,117
100$0$0$0$0