Can I retire at age 65 with 446,000?

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 $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%11.1%
1 years$36,830$36,502$36,182$35,870$35,565$35,400
2 years$18,233$17,893$17,564$17,245$16,936$16,769
3 years$12,034$11,693$11,365$11,049$10,745$10,582
4 years$8,936$8,596$8,271$7,960$7,663$7,505
5 years$7,077$6,739$6,419$6,114$5,825$5,673
6 years$5,839$5,503$5,187$4,890$4,609$4,462
7 years$4,954$4,622$4,311$4,020$3,749$3,607
8 years$4,291$3,962$3,656$3,372$3,110$2,974
9 years$3,776$3,449$3,149$2,872$2,619$2,489
10 years$3,364$3,040$2,745$2,476$2,232$2,107
11 years$3,027$2,707$2,417$2,155$1,919$1,800
12 years$2,746$2,429$2,145$1,890$1,663$1,549
13 years$2,509$2,195$1,916$1,669$1,450$1,342
14 years$2,306$1,996$1,722$1,481$1,271$1,168
15 years$2,130$1,823$1,554$1,321$1,119$1,021
16 years$1,976$1,673$1,409$1,183$989$895
17 years$1,840$1,540$1,282$1,063$877$788
18 years$1,720$1,423$1,171$958$780$695
19 years$1,612$1,319$1,072$865$695$615
20 years$1,516$1,226$984$784$621$545
21 years$1,428$1,142$905$711$556$484
22 years$1,349$1,066$834$647$498$430
23 years$1,277$997$770$589$447$383
24 years$1,211$934$712$537$402$341
25 years$1,150$876$659$491$362$305
26 years$1,094$824$612$449$326$272
27 years$1,042$775$568$411$294$243
28 years$994$731$528$376$265$218
29 years$949$689$491$345$239$195
30 years$908$651$458$317$216$174
31 years$869$615$427$291$195$156
32 years$833$582$398$267$177$140
33 years$799$551$372$246$160$126
34 years$767$523$347$226$145$113
35 years$737$496$325$208$131$101
36 years$708$470$304$192$119$91
37 years$682$447$284$177$108$82
38 years$656$425$266$163$98$73
39 years$632$404$249$150$89$66
40 years$610$384$234$138$80$59
41 years$588$366$219$128$73$53
42 years$568$348$206$118$66$48
43 years$548$332$193$109$60$43
44 years$530$316$181$100$54$39
45 years$512$302$170$93$49$35
46 years$495$288$160$86$45$31
47 years$479$275$150$79$41$28
48 years$464$262$141$73$37$25
49 years$449$250$133$68$34$23
50 years$435$239$125$63$31$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $446,000, adding $5,866 every year, while hoping to spend $25,540 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: 46/45/9 Blend
64$446,000$446,000$446,000$446,000
65$497,543$473,905$466,992$518,923
66$521,118$469,952$455,462$530,327
67$546,241$464,949$442,689$539,574
68$573,045$458,818$428,606$549,021
69$601,671$451,476$413,140$558,694
70$632,278$442,835$396,217$568,623
71$665,038$432,801$377,758$578,846
72$700,140$421,276$357,680$589,404
73$737,791$408,156$335,899$600,345
74$778,219$393,329$312,325$611,723
75$821,673$376,678$286,864$623,602
76$868,428$358,080$259,419$636,052
77$918,785$337,403$229,887$649,156
78$973,075$314,509$198,161$663,005
79$1,031,660$289,251$164,131$677,704
80$1,094,939$261,475$127,680$693,372
81$1,163,352$231,016$88,686$710,142
82$1,237,380$197,702$47,023$728,165
83$1,317,552$161,349$2,558$747,611
84$1,404,452$121,765$0$768,671
85$1,498,720$78,745$0$795,873
86$1,601,060$32,074$0$825,688
87$1,712,247$0$0$858,155
88$1,833,134$0$0$902,743
89$1,964,657$0$0$968,580
90$2,107,849$0$0$1,040,305
91$2,263,844$0$0$1,118,494
92$2,433,892$0$0$1,203,778
93$2,619,368$0$0$1,296,854
94$2,821,785$0$0$1,398,488
95$3,042,809$0$0$1,509,524
96$3,284,273$0$0$1,630,889
97$3,548,195$0$0$1,763,606
98$3,836,799$0$0$1,908,802
99$4,152,532$0$0$2,067,714
100$4,498,087$0$0$2,241,708