Can I retire at age 65 with 476,000?

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 $476,000?

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$39,308$38,958$38,616$38,282$37,957$37,545
2 years$19,459$19,097$18,746$18,405$18,075$17,660
3 years$12,844$12,480$12,130$11,792$11,467$11,063
4 years$9,537$9,174$8,827$8,496$8,179$7,787
5 years$7,553$7,193$6,850$6,525$6,217$5,840
6 years$6,231$5,873$5,536$5,218$4,919$4,557
7 years$5,287$4,932$4,601$4,290$4,001$3,653
8 years$4,580$4,228$3,902$3,599$3,319$2,986
9 years$4,030$3,681$3,360$3,066$2,795$2,477
10 years$3,590$3,245$2,930$2,643$2,382$2,078
11 years$3,230$2,889$2,579$2,300$2,048$1,759
12 years$2,931$2,593$2,289$2,017$1,775$1,500
13 years$2,678$2,343$2,045$1,781$1,548$1,286
14 years$2,461$2,130$1,838$1,581$1,357$1,109
15 years$2,273$1,946$1,659$1,410$1,195$960
16 years$2,109$1,785$1,504$1,262$1,056$833
17 years$1,964$1,644$1,369$1,134$936$726
18 years$1,836$1,519$1,249$1,022$832$634
19 years$1,721$1,408$1,144$924$742$554
20 years$1,618$1,308$1,050$837$663$486
21 years$1,525$1,219$966$759$593$427
22 years$1,440$1,138$890$690$532$375
23 years$1,363$1,064$822$629$477$330
24 years$1,292$997$760$573$429$291
25 years$1,227$935$704$524$386$257
26 years$1,167$879$653$479$348$227
27 years$1,112$827$606$438$313$200
28 years$1,061$780$564$402$283$177
29 years$1,013$736$524$368$255$156
30 years$969$695$488$338$231$138
31 years$928$657$455$310$209$123
32 years$889$621$425$285$189$109
33 years$852$588$397$262$171$96
34 years$818$558$371$241$155$85
35 years$786$529$347$222$140$76
36 years$756$502$324$205$127$67
37 years$727$477$303$189$115$59
38 years$700$453$284$174$104$53
39 years$675$431$266$160$95$47
40 years$651$410$250$148$86$41
41 years$628$390$234$136$78$37
42 years$606$372$219$126$71$33
43 years$585$354$206$116$64$29
44 years$566$338$193$107$58$26
45 years$547$322$182$99$53$23
46 years$529$307$170$91$48$20
47 years$512$293$160$85$44$18
48 years$495$280$151$78$40$16
49 years$480$267$141$72$36$14
50 years$465$255$133$67$33$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $476,000, adding $2,793 every year, while hoping to spend $27,210 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: 75/18/7 Blend
64$476,000$476,000$476,000$476,000
65$527,433$502,205$494,827$566,295
66$552,280$497,862$482,452$587,907
67$578,749$492,394$468,751$607,840
68$606,978$485,717$453,651$628,900
69$637,115$477,743$437,074$651,189
70$669,326$468,378$418,941$674,818
71$703,790$457,520$399,168$699,913
72$740,704$445,067$377,667$726,609
73$780,285$430,904$354,348$755,057
74$822,770$414,914$329,115$785,426
75$868,420$396,972$301,868$817,899
76$917,520$376,945$272,502$852,680
77$970,385$354,694$240,909$889,995
78$1,027,360$330,069$206,974$930,092
79$1,088,822$302,915$170,580$973,247
80$1,155,190$273,065$131,602$1,019,763
81$1,226,918$240,345$89,910$1,069,976
82$1,304,512$204,569$45,369$1,124,256
83$1,388,521$165,542$0$1,183,014
84$1,479,555$123,058$0$1,246,863
85$1,578,280$76,898$0$1,319,768
86$1,685,431$26,833$0$1,398,900
87$1,801,816$0$0$1,484,881
88$1,928,323$0$0$1,583,821
89$2,065,929$0$0$1,697,240
90$2,215,710$0$0$1,820,711
91$2,378,849$0$0$1,955,212
92$2,556,648$0$0$2,101,819
93$2,750,540$0$0$2,261,717
94$2,962,102$0$0$2,436,207
95$3,193,070$0$0$2,626,725
96$3,445,355$0$0$2,834,850
97$3,721,061$0$0$3,062,320
98$4,022,504$0$0$3,311,048
99$4,352,233$0$0$3,583,142
100$4,713,057$0$0$3,880,923