Can I retire at age 65 with 477,000?

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 $477,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$39,390$39,039$38,697$38,363$38,037$37,845
2 years$19,500$19,137$18,785$18,444$18,113$17,919
3 years$12,871$12,506$12,155$11,817$11,491$11,302
4 years$9,557$9,193$8,846$8,514$8,196$8,012
5 years$7,569$7,208$6,865$6,539$6,230$6,053
6 years$6,244$5,886$5,548$5,229$4,930$4,759
7 years$5,298$4,943$4,610$4,299$4,009$3,845
8 years$4,589$4,237$3,910$3,607$3,326$3,168
9 years$4,038$3,689$3,368$3,072$2,801$2,649
10 years$3,597$3,252$2,936$2,648$2,387$2,241
11 years$3,237$2,895$2,585$2,305$2,053$1,914
12 years$2,937$2,598$2,294$2,022$1,779$1,646
13 years$2,683$2,348$2,049$1,785$1,551$1,425
14 years$2,466$2,134$1,841$1,584$1,360$1,239
15 years$2,278$1,950$1,663$1,413$1,197$1,083
16 years$2,113$1,789$1,507$1,265$1,058$949
17 years$1,968$1,647$1,372$1,137$938$835
18 years$1,840$1,522$1,252$1,024$834$736
19 years$1,725$1,411$1,146$926$743$650
20 years$1,621$1,311$1,052$838$664$576
21 years$1,528$1,221$968$761$594$511
22 years$1,443$1,140$892$692$533$454
23 years$1,366$1,066$823$630$478$404
24 years$1,295$999$762$575$430$360
25 years$1,230$937$705$525$387$321
26 years$1,170$881$654$480$348$286
27 years$1,114$829$607$439$314$256
28 years$1,063$781$565$402$283$229
29 years$1,015$737$525$369$256$204
30 years$971$696$489$339$231$183
31 years$929$658$456$311$209$164
32 years$891$623$426$286$189$147
33 years$854$590$398$263$171$132
34 years$820$559$371$242$155$118
35 years$788$530$347$223$140$106
36 years$758$503$325$205$127$95
37 years$729$478$304$189$115$85
38 years$702$454$285$174$104$76
39 years$676$432$267$161$95$69
40 years$652$411$250$148$86$62
41 years$629$391$234$137$78$55
42 years$607$372$220$126$71$50
43 years$587$355$206$116$64$45
44 years$567$338$194$107$58$40
45 years$548$323$182$99$53$36
46 years$530$308$171$92$48$32
47 years$513$294$161$85$44$29
48 years$496$280$151$78$40$26
49 years$481$268$142$72$36$23
50 years$466$256$133$67$33$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $477,000, adding $2,865 every year, while hoping to spend $35,744 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: 77/17/6 Blend
64$477,000$477,000$477,000$477,000
65$528,609$503,328$495,935$568,795
66$544,496$489,960$474,517$582,206
67$560,805$474,739$451,184$591,991
68$577,542$457,536$425,834$601,663
69$594,712$438,215$398,360$611,196
70$612,318$416,633$368,650$620,561
71$630,364$392,638$336,589$629,727
72$648,851$366,067$302,055$638,659
73$667,782$336,752$264,921$647,320
74$687,154$304,512$225,055$655,669
75$706,967$269,156$182,318$663,663
76$727,218$230,485$136,566$671,254
77$747,900$188,285$87,647$678,390
78$769,007$142,332$35,404$685,015
79$790,529$92,389$0$691,070
80$812,453$38,207$0$697,790
81$834,764$0$0$706,306
82$857,444$0$0$718,114
83$880,468$0$0$737,353
84$903,812$0$0$756,854
85$927,443$0$0$776,589
86$951,325$0$0$796,526
87$975,415$0$0$816,630
88$999,664$0$0$836,859
89$1,024,017$0$0$857,164
90$1,048,409$0$0$877,492
91$1,072,767$0$0$897,779
92$1,097,009$0$0$917,954
93$1,121,040$0$0$937,939
94$1,144,754$0$0$957,643
95$1,168,032$0$0$976,963
96$1,190,740$0$0$995,785
97$1,212,727$0$0$1,013,982
98$1,233,823$0$0$1,031,408
99$1,253,838$0$0$1,047,902
100$1,272,562$0$0$1,063,285