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%15.2%
1 years$39,308$38,958$38,616$38,282$37,957$37,145
2 years$19,459$19,097$18,746$18,405$18,075$17,261
3 years$12,844$12,480$12,130$11,792$11,467$10,677
4 years$9,537$9,174$8,827$8,496$8,179$7,417
5 years$7,553$7,193$6,850$6,525$6,217$5,487
6 years$6,231$5,873$5,536$5,218$4,919$4,222
7 years$5,287$4,932$4,601$4,290$4,001$3,336
8 years$4,580$4,228$3,902$3,599$3,319$2,686
9 years$4,030$3,681$3,360$3,066$2,795$2,194
10 years$3,590$3,245$2,930$2,643$2,382$1,812
11 years$3,230$2,889$2,579$2,300$2,048$1,509
12 years$2,931$2,593$2,289$2,017$1,775$1,265
13 years$2,678$2,343$2,045$1,781$1,548$1,067
14 years$2,461$2,130$1,838$1,581$1,357$903
15 years$2,273$1,946$1,659$1,410$1,195$768
16 years$2,109$1,785$1,504$1,262$1,056$655
17 years$1,964$1,644$1,369$1,134$936$560
18 years$1,836$1,519$1,249$1,022$832$480
19 years$1,721$1,408$1,144$924$742$412
20 years$1,618$1,308$1,050$837$663$354
21 years$1,525$1,219$966$759$593$305
22 years$1,440$1,138$890$690$532$263
23 years$1,363$1,064$822$629$477$227
24 years$1,292$997$760$573$429$196
25 years$1,227$935$704$524$386$169
26 years$1,167$879$653$479$348$146
27 years$1,112$827$606$438$313$127
28 years$1,061$780$564$402$283$110
29 years$1,013$736$524$368$255$95
30 years$969$695$488$338$231$82
31 years$928$657$455$310$209$71
32 years$889$621$425$285$189$62
33 years$852$588$397$262$171$53
34 years$818$558$371$241$155$46
35 years$786$529$347$222$140$40
36 years$756$502$324$205$127$35
37 years$727$477$303$189$115$30
38 years$700$453$284$174$104$26
39 years$675$431$266$160$95$23
40 years$651$410$250$148$86$20
41 years$628$390$234$136$78$17
42 years$606$372$219$126$71$15
43 years$585$354$206$116$64$13
44 years$566$338$193$107$58$11
45 years$547$322$182$99$53$10
46 years$529$307$170$91$48$8
47 years$512$293$160$85$44$7
48 years$495$280$151$78$40$6
49 years$480$267$141$72$36$6
50 years$465$255$133$67$33$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $476,000, adding $2,457 every year, while hoping to spend $37,810 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: 70/17/13 Blend
64$476,000$476,000$476,000$476,000
65$527,086$501,858$494,480$562,314
66$540,620$486,220$470,816$570,381
67$554,266$468,548$445,091$574,407
68$567,997$448,703$417,198$577,822
69$581,781$426,537$387,022$580,561
70$595,579$401,894$354,444$582,551
71$609,351$374,609$319,340$583,712
72$623,047$344,508$281,581$583,961
73$636,614$311,405$241,030$583,203
74$649,990$275,105$197,546$581,339
75$663,107$235,403$150,982$578,257
76$675,886$192,080$101,182$573,839
77$688,241$144,906$47,986$567,955
78$700,073$93,639$0$560,464
79$711,274$38,020$0$552,430
80$721,721$0$0$549,651
81$731,277$0$0$549,463
82$739,790$0$0$555,568
83$747,089$0$0$560,724
84$752,987$0$0$564,782
85$757,271$0$0$567,580
86$759,708$0$0$568,938
87$760,036$0$0$568,653
88$757,968$0$0$566,502
89$753,182$0$0$562,237
90$745,322$0$0$555,582
91$733,992$0$0$546,233
92$718,755$0$0$533,850
93$699,125$0$0$518,059
94$674,566$0$0$498,444
95$644,482$0$0$474,547
96$608,214$0$0$445,858
97$565,033$0$0$411,814
98$514,134$0$0$371,792
99$454,624$0$0$325,105
100$385,518$0$0$270,990