Can I retire at age 65 with 441,000?

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 $441,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$36,417$36,093$35,776$35,468$35,166$34,555
2 years$18,028$17,693$17,367$17,052$16,746$16,132
3 years$11,900$11,562$11,238$10,925$10,624$10,027
4 years$8,836$8,500$8,178$7,871$7,577$7,001
5 years$6,998$6,664$6,347$6,046$5,760$5,207
6 years$5,773$5,441$5,129$4,835$4,558$4,028
7 years$4,899$4,570$4,262$3,975$3,707$3,200
8 years$4,243$3,917$3,615$3,334$3,075$2,592
9 years$3,733$3,411$3,113$2,840$2,590$2,130
10 years$3,326$3,006$2,714$2,448$2,207$1,770
11 years$2,993$2,676$2,390$2,131$1,898$1,483
12 years$2,715$2,402$2,121$1,869$1,644$1,252
13 years$2,481$2,171$1,895$1,650$1,434$1,062
14 years$2,280$1,973$1,702$1,465$1,257$906
15 years$2,106$1,803$1,537$1,306$1,107$775
16 years$1,954$1,654$1,394$1,170$978$666
17 years$1,820$1,523$1,268$1,051$867$573
18 years$1,701$1,407$1,158$947$771$495
19 years$1,594$1,304$1,060$856$687$428
20 years$1,499$1,212$973$775$614$371
21 years$1,412$1,129$895$703$549$322
22 years$1,334$1,054$824$640$493$279
23 years$1,263$986$761$582$442$243
24 years$1,197$924$704$531$397$211
25 years$1,137$867$652$485$358$184
26 years$1,082$815$605$444$322$160
27 years$1,030$767$562$406$290$140
28 years$983$722$522$372$262$122
29 years$939$681$486$341$237$107
30 years$898$644$453$313$214$93
31 years$859$608$422$288$193$81
32 years$823$576$394$264$175$71
33 years$790$545$368$243$158$62
34 years$758$517$343$224$143$54
35 years$728$490$321$206$130$47
36 years$700$465$300$190$118$42
37 years$674$442$281$175$107$36
38 years$649$420$263$161$97$32
39 years$625$399$247$148$88$28
40 years$603$380$231$137$79$24
41 years$582$362$217$126$72$21
42 years$561$344$203$117$65$19
43 years$542$328$191$108$59$16
44 years$524$313$179$99$54$14
45 years$507$298$168$92$49$13
46 years$490$284$158$85$44$11
47 years$474$271$148$78$40$10
48 years$459$259$139$72$37$8
49 years$444$247$131$67$33$7
50 years$431$236$123$62$30$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $441,000, adding $3,923 every year, while hoping to spend $20,477 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: 70/5/25 Blend
64$441,000$441,000$441,000$441,000
65$490,029$466,656$459,820$520,957
66$518,224$467,734$453,437$543,239
67$548,609$468,180$446,153$564,876
68$581,386$467,939$437,918$588,078
69$616,775$466,956$428,676$612,998
70$655,021$465,172$418,372$639,807
71$696,392$462,523$406,945$668,692
72$741,180$458,944$394,334$699,862
73$789,711$454,362$380,475$733,545
74$842,338$448,703$365,298$769,994
75$899,454$441,887$348,733$809,488
76$961,489$433,830$330,706$852,336
77$1,028,916$424,442$311,139$898,878
78$1,102,254$413,629$289,951$949,489
79$1,182,077$401,290$267,058$1,004,584
80$1,269,016$387,319$242,371$1,064,622
81$1,363,762$371,605$215,797$1,130,106
82$1,467,080$354,028$187,240$1,201,595
83$1,579,809$334,462$156,600$1,279,704
84$1,702,873$312,774$123,770$1,365,111
85$1,837,291$288,825$88,641$1,458,567
86$1,984,182$262,465$51,098$1,560,898
87$2,144,780$233,537$11,021$1,673,016
88$2,320,443$201,875$0$1,795,928
89$2,512,665$167,304$0$1,939,213
90$2,723,094$129,639$0$2,099,315
91$2,953,541$88,683$0$2,274,680
92$3,206,004$44,230$0$2,466,836
93$3,482,681$0$0$2,677,467
94$3,785,993$0$0$2,908,646
95$4,118,608$0$0$3,164,851
96$4,483,463$0$0$3,445,914
97$4,883,792$0$0$3,754,331
98$5,323,160$0$0$4,092,849
99$5,805,492$0$0$4,464,497
100$6,335,112$0$0$4,872,609