Can I retire at age 65 with 425,000?

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 $425,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$35,096$34,783$34,478$34,181$33,890$33,522
2 years$17,374$17,051$16,737$16,433$16,138$15,768
3 years$11,468$11,143$10,830$10,529$10,239$9,877
4 years$8,515$8,191$7,881$7,585$7,302$6,953
5 years$6,744$6,422$6,116$5,826$5,551$5,214
6 years$5,564$5,244$4,943$4,659$4,392$4,069
7 years$4,721$4,404$4,108$3,831$3,572$3,262
8 years$4,089$3,775$3,484$3,213$2,963$2,666
9 years$3,598$3,287$3,000$2,737$2,496$2,212
10 years$3,205$2,897$2,616$2,359$2,126$1,856
11 years$2,884$2,579$2,303$2,053$1,829$1,571
12 years$2,617$2,315$2,044$1,801$1,585$1,339
13 years$2,391$2,092$1,826$1,590$1,382$1,149
14 years$2,197$1,902$1,641$1,412$1,211$990
15 years$2,029$1,737$1,481$1,259$1,067$857
16 years$1,883$1,594$1,343$1,127$943$744
17 years$1,754$1,468$1,222$1,013$836$648
18 years$1,639$1,356$1,116$913$743$566
19 years$1,537$1,257$1,021$825$662$495
20 years$1,444$1,168$937$747$592$434
21 years$1,361$1,088$862$678$530$381
22 years$1,286$1,016$795$616$475$335
23 years$1,217$950$734$561$426$295
24 years$1,154$890$679$512$383$260
25 years$1,096$835$628$468$345$229
26 years$1,042$785$583$428$310$202
27 years$993$739$541$391$280$179
28 years$947$696$503$359$253$158
29 years$905$657$468$329$228$140
30 years$865$620$436$302$206$124
31 years$828$586$407$277$186$109
32 years$794$555$379$255$168$97
33 years$761$525$354$234$152$86
34 years$731$498$331$215$138$76
35 years$702$472$309$198$125$67
36 years$675$448$289$183$113$60
37 years$650$426$271$168$103$53
38 years$625$405$254$155$93$47
39 years$603$385$238$143$84$42
40 years$581$366$223$132$77$37
41 years$561$348$209$122$69$33
42 years$541$332$196$112$63$29
43 years$523$316$184$104$57$26
44 years$505$301$173$96$52$23
45 years$488$287$162$88$47$20
46 years$472$274$152$82$43$18
47 years$457$262$143$75$39$16
48 years$442$250$134$70$35$14
49 years$428$239$126$64$32$13
50 years$415$228$119$60$29$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $425,000, adding $5,476 every year, while hoping to spend $28,313 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: 61/15/24 Blend
64$425,000$425,000$425,000$425,000
65$473,998$451,473$444,886$499,582
66$492,222$443,471$429,665$509,573
67$511,354$434,127$412,985$516,901
68$531,460$423,347$394,767$524,277
69$552,607$411,029$374,930$531,712
70$574,869$397,065$353,386$539,217
71$598,328$381,344$330,047$546,807
72$623,071$363,743$304,817$554,499
73$649,195$344,138$277,600$562,313
74$676,805$322,392$248,291$570,273
75$706,015$298,365$216,785$578,407
76$736,950$271,907$182,968$586,748
77$769,746$242,857$146,725$595,334
78$804,552$211,050$107,933$604,209
79$841,532$176,307$66,464$613,422
80$880,864$138,442$22,187$623,031
81$922,743$97,256$0$633,102
82$967,383$52,542$0$650,129
83$1,015,017$4,077$0$674,258
84$1,065,902$0$0$699,937
85$1,120,319$0$0$735,301
86$1,178,576$0$0$773,902
87$1,241,011$0$0$815,293
88$1,307,994$0$0$859,724
89$1,379,932$0$0$907,466
90$1,457,270$0$0$958,820
91$1,540,500$0$0$1,014,115
92$1,630,159$0$0$1,073,710
93$1,726,838$0$0$1,138,002
94$1,831,186$0$0$1,207,428
95$1,943,915$0$0$1,282,466
96$2,065,811$0$0$1,363,642
97$2,197,734$0$0$1,451,535
98$2,340,631$0$0$1,546,780
99$2,495,543$0$0$1,650,076
100$2,663,616$0$0$1,762,192