Can I retire at age 65 with 435,000?

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 $435,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$35,922$35,602$35,290$34,985$34,688$34,397
2 years$17,783$17,452$17,131$16,820$16,518$16,225
3 years$11,738$11,405$11,085$10,777$10,480$10,193
4 years$8,716$8,384$8,067$7,764$7,474$7,197
5 years$6,903$6,573$6,260$5,963$5,682$5,414
6 years$5,695$5,367$5,059$4,769$4,496$4,239
7 years$4,832$4,508$4,204$3,921$3,656$3,409
8 years$4,185$3,864$3,566$3,289$3,033$2,797
9 years$3,683$3,364$3,071$2,802$2,554$2,328
10 years$3,281$2,965$2,677$2,415$2,176$1,960
11 years$2,952$2,640$2,357$2,102$1,872$1,665
12 years$2,678$2,369$2,092$1,844$1,622$1,425
13 years$2,447$2,141$1,869$1,628$1,415$1,227
14 years$2,249$1,946$1,679$1,445$1,240$1,062
15 years$2,077$1,778$1,516$1,288$1,092$923
16 years$1,927$1,631$1,375$1,154$965$805
17 years$1,795$1,502$1,251$1,037$856$704
18 years$1,678$1,388$1,142$934$761$617
19 years$1,573$1,287$1,045$844$678$542
20 years$1,478$1,196$959$765$606$477
21 years$1,393$1,114$882$694$542$421
22 years$1,316$1,040$813$631$486$372
23 years$1,245$972$751$575$436$329
24 years$1,181$911$694$524$392$291
25 years$1,121$855$643$479$353$258
26 years$1,067$803$597$438$318$229
27 years$1,016$756$554$401$286$203
28 years$970$713$515$367$258$180
29 years$926$672$479$337$233$160
30 years$885$635$446$309$211$143
31 years$848$600$416$284$191$127
32 years$812$568$388$261$172$113
33 years$779$538$363$240$156$100
34 years$748$510$339$221$141$89
35 years$719$483$317$203$128$80
36 years$691$459$296$187$116$71
37 years$665$436$277$172$105$63
38 years$640$414$260$159$95$56
39 years$617$394$243$146$86$50
40 years$595$375$228$135$78$45
41 years$574$357$214$125$71$40
42 years$554$340$201$115$65$36
43 years$535$324$188$106$59$32
44 years$517$308$177$98$53$28
45 years$500$294$166$91$48$25
46 years$483$281$156$84$44$23
47 years$468$268$146$77$40$20
48 years$453$256$138$71$36$18
49 years$438$244$129$66$33$16
50 years$425$233$122$61$30$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $435,000, adding $2,631 every year, while hoping to spend $34,030 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: 27/47/26 Blend
64$435,000$435,000$435,000$435,000
65$482,084$459,029$452,286$491,127
66$495,049$445,314$431,230$484,872
67$508,196$429,786$408,328$475,042
68$521,507$412,321$383,483$463,785
69$534,962$392,786$356,591$451,003
70$548,539$371,043$327,547$436,592
71$562,208$346,943$296,239$420,441
72$575,941$320,330$262,550$402,433
73$589,700$291,039$226,358$382,442
74$603,445$258,896$187,537$360,337
75$617,131$223,717$145,954$335,977
76$630,705$185,305$101,470$309,214
77$644,108$143,457$53,941$279,890
78$657,275$97,953$3,215$247,837
79$670,129$48,565$0$212,879
80$682,587$0$0$188,951
81$694,556$0$0$166,158
82$705,929$0$0$168,266
83$716,590$0$0$170,122
84$726,405$0$0$171,685
85$735,227$0$0$172,910
86$742,894$0$0$173,747
87$749,222$0$0$174,140
88$754,008$0$0$174,027
89$757,026$0$0$173,340
90$758,024$0$0$172,002
91$756,723$0$0$169,928
92$752,812$0$0$167,025
93$745,948$0$0$163,188
94$735,749$0$0$158,303
95$721,792$0$0$152,240
96$703,608$0$0$144,860
97$680,676$0$0$136,006
98$652,423$0$0$125,504
99$618,211$0$0$113,163
100$577,335$0$0$98,771