Can I retire at age 65 with 519,000?

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 $519,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$42,859$42,477$42,104$41,741$41,386$40,852
2 years$21,217$20,822$20,439$20,068$19,708$19,170
3 years$14,004$13,607$13,225$12,858$12,503$11,979
4 years$10,398$10,003$9,625$9,263$8,917$8,411
5 years$8,236$7,842$7,469$7,115$6,779$6,292
6 years$6,794$6,404$6,036$5,690$5,364$4,896
7 years$5,765$5,378$5,016$4,678$4,362$3,914
8 years$4,993$4,610$4,254$3,924$3,619$3,191
9 years$4,394$4,014$3,664$3,343$3,048$2,639
10 years$3,914$3,538$3,194$2,881$2,597$2,207
11 years$3,522$3,150$2,812$2,508$2,233$1,862
12 years$3,196$2,827$2,496$2,200$1,935$1,583
13 years$2,919$2,555$2,230$1,942$1,688$1,353
14 years$2,683$2,322$2,004$1,724$1,479$1,162
15 years$2,478$2,121$1,809$1,537$1,303$1,003
16 years$2,299$1,946$1,640$1,376$1,151$868
17 years$2,142$1,792$1,492$1,237$1,021$753
18 years$2,002$1,656$1,362$1,115$908$655
19 years$1,876$1,535$1,247$1,007$809$571
20 years$1,764$1,426$1,145$912$723$499
21 years$1,662$1,329$1,053$828$647$436
22 years$1,570$1,240$970$753$580$382
23 years$1,486$1,160$896$685$520$335
24 years$1,409$1,087$829$625$468$294
25 years$1,338$1,020$767$571$421$258
26 years$1,273$959$712$522$379$227
27 years$1,213$902$661$478$342$200
28 years$1,157$850$614$438$308$176
29 years$1,105$802$572$401$278$155
30 years$1,056$757$533$368$252$137
31 years$1,011$716$497$338$227$120
32 years$969$677$463$311$206$106
33 years$929$642$433$286$186$94
34 years$892$608$404$263$169$83
35 years$857$577$378$242$153$73
36 years$824$547$353$223$138$64
37 years$793$520$331$206$125$57
38 years$764$494$310$189$114$50
39 years$736$470$290$175$103$44
40 years$710$447$272$161$94$39
41 years$685$426$255$149$85$35
42 years$661$405$239$137$77$31
43 years$638$386$225$127$70$27
44 years$617$368$211$117$63$24
45 years$596$351$198$108$58$21
46 years$577$335$186$100$52$19
47 years$558$320$175$92$47$16
48 years$540$305$164$85$43$15
49 years$523$291$154$79$39$13
50 years$507$278$145$73$36$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $519,000, adding $3,434 every year, while hoping to spend $20,304 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: 49/45/6 Blend
64$519,000$519,000$519,000$519,000
65$575,480$547,973$539,929$602,637
66$612,576$553,221$536,413$626,789
67$652,775$558,045$532,099$650,556
68$696,372$562,403$526,939$675,887
69$743,692$566,251$520,881$702,933
70$795,092$569,541$513,874$731,862
71$850,965$572,221$505,862$762,857
72$911,741$574,238$496,787$796,124
73$977,897$575,535$486,588$831,887
74$1,049,956$576,049$475,201$870,396
75$1,128,493$575,716$462,562$911,928
76$1,214,140$574,468$448,599$956,788
77$1,307,596$572,230$433,240$1,005,312
78$1,409,627$568,926$416,410$1,057,874
79$1,521,078$564,472$398,029$1,114,886
80$1,642,878$558,781$378,013$1,176,804
81$1,776,052$551,762$356,277$1,244,131
82$1,921,726$543,314$332,728$1,317,425
83$2,081,140$533,336$307,273$1,397,299
84$2,255,662$521,715$279,813$1,484,435
85$2,446,796$508,335$250,243$1,579,582
86$2,656,199$493,073$218,456$1,683,570
87$2,885,696$475,798$184,338$1,797,318
88$3,137,296$456,372$147,773$1,921,835
89$3,413,213$434,647$108,636$2,058,243
90$3,715,885$410,468$66,799$2,207,775
91$4,047,997$383,673$22,129$2,371,796
92$4,412,507$354,087$0$2,551,812
93$4,812,672$321,527$0$2,751,124
94$5,252,082$285,799$0$2,971,550
95$5,734,691$246,699$0$3,213,712
96$6,264,852$204,011$0$3,479,857
97$6,847,365$157,505$0$3,772,470
98$7,487,514$106,941$0$4,094,290
99$8,191,122$52,063$0$4,448,342
100$8,964,605$0$0$4,837,961