Can I retire at age 65 with 486,000?

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 $486,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$40,133$39,776$39,427$39,087$38,754$38,175
2 years$19,868$19,498$19,139$18,792$18,454$17,872
3 years$13,114$12,742$12,384$12,040$11,708$11,141
4 years$9,737$9,367$9,013$8,674$8,350$7,803
5 years$7,712$7,344$6,994$6,663$6,348$5,821
6 years$6,362$5,997$5,652$5,328$5,023$4,518
7 years$5,398$5,036$4,697$4,381$4,085$3,602
8 years$4,676$4,317$3,984$3,675$3,389$2,927
9 years$4,114$3,759$3,431$3,130$2,854$2,414
10 years$3,665$3,313$2,991$2,698$2,432$2,013
11 years$3,298$2,949$2,633$2,348$2,091$1,693
12 years$2,992$2,647$2,337$2,060$1,812$1,435
13 years$2,734$2,392$2,088$1,818$1,580$1,222
14 years$2,512$2,175$1,876$1,614$1,385$1,047
15 years$2,321$1,986$1,694$1,440$1,220$900
16 years$2,153$1,823$1,536$1,289$1,078$776
17 years$2,005$1,678$1,397$1,158$956$671
18 years$1,874$1,551$1,276$1,044$850$582
19 years$1,757$1,437$1,168$943$758$505
20 years$1,652$1,336$1,072$854$677$440
21 years$1,557$1,244$986$775$606$383
22 years$1,470$1,161$909$705$543$334
23 years$1,391$1,086$839$642$487$292
24 years$1,319$1,018$776$585$438$255
25 years$1,253$955$719$535$394$223
26 years$1,192$898$666$489$355$196
27 years$1,135$845$619$447$320$171
28 years$1,083$796$575$410$289$150
29 years$1,035$751$535$376$261$132
30 years$989$709$499$345$236$116
31 years$947$670$465$317$213$102
32 years$907$634$434$291$193$89
33 years$870$601$405$268$174$78
34 years$836$569$378$246$158$69
35 years$803$540$354$227$143$61
36 years$772$513$331$209$130$53
37 years$743$487$310$192$117$47
38 years$715$463$290$177$106$41
39 years$689$440$272$164$97$36
40 years$664$419$255$151$88$32
41 years$641$398$239$139$79$28
42 years$619$379$224$128$72$25
43 years$598$362$210$119$65$22
44 years$577$345$197$110$59$19
45 years$558$329$185$101$54$17
46 years$540$314$174$93$49$15
47 years$522$299$164$86$44$13
48 years$506$286$154$80$40$11
49 years$490$273$144$74$37$10
50 years$475$261$136$68$33$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $486,000, adding $6,190 every year, while hoping to spend $39,412 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: 67/6/27 Blend
64$486,000$486,000$486,000$486,000
65$541,957$516,199$508,666$574,066
66$555,303$499,559$483,772$579,807
67$568,688$480,782$456,724$581,067
68$582,077$459,723$427,406$581,555
69$595,426$436,226$395,701$581,198
70$608,687$410,129$361,485$579,915
71$621,805$381,257$324,626$577,618
72$634,718$349,428$284,991$574,213
73$647,358$314,448$242,436$569,597
74$659,645$276,113$196,815$563,658
75$671,494$234,207$147,973$556,275
76$682,804$188,501$95,748$547,317
77$693,467$138,755$39,972$536,639
78$703,359$84,712$0$524,087
79$712,344$26,106$0$515,124
80$720,269$0$0$516,588
81$726,962$0$0$519,273
82$732,235$0$0$522,616
83$735,877$0$0$524,737
84$737,651$0$0$525,462
85$737,299$0$0$524,597
86$734,529$0$0$521,929
87$729,020$0$0$517,219
88$720,416$0$0$510,204
89$708,321$0$0$500,590
90$692,297$0$0$488,053
91$671,857$0$0$472,234
92$646,465$0$0$452,735
93$615,524$0$0$429,116
94$578,375$0$0$400,889
95$534,289$0$0$367,515
96$482,460$0$0$328,398
97$421,994$0$0$282,877
98$351,907$0$0$230,225
99$271,106$0$0$169,634
100$178,388$0$0$100,215