Can I retire at age 65 with 446,000?

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 $446,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$36,830$36,502$36,182$35,870$35,565$34,761
2 years$18,233$17,893$17,564$17,245$16,936$16,131
3 years$12,034$11,693$11,365$11,049$10,745$9,963
4 years$8,936$8,596$8,271$7,960$7,663$6,911
5 years$7,077$6,739$6,419$6,114$5,825$5,105
6 years$5,839$5,503$5,187$4,890$4,609$3,921
7 years$4,954$4,622$4,311$4,020$3,749$3,093
8 years$4,291$3,962$3,656$3,372$3,110$2,486
9 years$3,776$3,449$3,149$2,872$2,619$2,027
10 years$3,364$3,040$2,745$2,476$2,232$1,671
11 years$3,027$2,707$2,417$2,155$1,919$1,389
12 years$2,746$2,429$2,145$1,890$1,663$1,162
13 years$2,509$2,195$1,916$1,669$1,450$978
14 years$2,306$1,996$1,722$1,481$1,271$827
15 years$2,130$1,823$1,554$1,321$1,119$701
16 years$1,976$1,673$1,409$1,183$989$597
17 years$1,840$1,540$1,282$1,063$877$509
18 years$1,720$1,423$1,171$958$780$435
19 years$1,612$1,319$1,072$865$695$373
20 years$1,516$1,226$984$784$621$320
21 years$1,428$1,142$905$711$556$275
22 years$1,349$1,066$834$647$498$236
23 years$1,277$997$770$589$447$203
24 years$1,211$934$712$537$402$175
25 years$1,150$876$659$491$362$151
26 years$1,094$824$612$449$326$130
27 years$1,042$775$568$411$294$112
28 years$994$731$528$376$265$97
29 years$949$689$491$345$239$84
30 years$908$651$458$317$216$72
31 years$869$615$427$291$195$63
32 years$833$582$398$267$177$54
33 years$799$551$372$246$160$47
34 years$767$523$347$226$145$40
35 years$737$496$325$208$131$35
36 years$708$470$304$192$119$30
37 years$682$447$284$177$108$26
38 years$656$425$266$163$98$23
39 years$632$404$249$150$89$20
40 years$610$384$234$138$80$17
41 years$588$366$219$128$73$15
42 years$568$348$206$118$66$13
43 years$548$332$193$109$60$11
44 years$530$316$181$100$54$10
45 years$512$302$170$93$49$8
46 years$495$288$160$86$45$7
47 years$479$275$150$79$41$6
48 years$464$262$141$73$37$5
49 years$449$250$133$68$34$5
50 years$435$239$125$63$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $446,000, adding $5,646 every year, while hoping to spend $33,818 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: 68/21/11 Blend
64$446,000$446,000$446,000$446,000
65$497,316$473,678$466,765$529,594
66$512,060$460,906$446,419$539,000
67$527,175$446,375$424,259$544,700
68$542,662$429,963$400,187$550,051
69$558,523$411,540$374,103$555,013
70$574,757$390,971$345,900$559,545
71$591,365$368,111$315,470$563,602
72$608,343$342,807$282,697$567,135
73$625,687$314,898$247,461$570,092
74$643,392$284,213$209,636$572,417
75$661,451$250,572$169,092$574,051
76$679,853$213,784$125,690$574,927
77$698,587$173,649$79,290$574,978
78$717,637$129,952$29,740$574,127
79$736,986$82,469$0$572,295
80$756,612$30,964$0$572,110
81$776,491$0$0$574,666
82$796,592$0$0$582,121
83$816,882$0$0$596,859
84$837,321$0$0$611,694
85$857,864$0$0$626,591
86$878,459$0$0$641,512
87$899,047$0$0$656,412
88$919,562$0$0$671,240
89$939,926$0$0$685,938
90$960,055$0$0$700,442
91$979,850$0$0$714,678
92$999,204$0$0$728,564
93$1,017,993$0$0$742,008
94$1,036,080$0$0$754,905
95$1,053,311$0$0$767,140
96$1,069,514$0$0$778,584
97$1,084,495$0$0$789,089
98$1,098,040$0$0$798,496
99$1,109,908$0$0$806,624
100$1,119,833$0$0$813,270