Can I retire at age 65 with 521,000?

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 $521,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$43,024$42,640$42,267$41,902$41,545$40,215
2 years$21,299$20,902$20,518$20,145$19,783$18,456
3 years$14,058$13,660$13,276$12,907$12,551$11,268
4 years$10,439$10,041$9,662$9,299$8,952$7,722
5 years$8,267$7,873$7,498$7,142$6,805$5,632
6 years$6,820$6,429$6,059$5,712$5,385$4,270
7 years$5,787$5,399$5,035$4,696$4,379$3,322
8 years$5,013$4,628$4,270$3,939$3,633$2,634
9 years$4,411$4,029$3,678$3,355$3,059$2,116
10 years$3,929$3,552$3,207$2,892$2,607$1,718
11 years$3,536$3,162$2,823$2,517$2,242$1,406
12 years$3,208$2,838$2,505$2,208$1,943$1,158
13 years$2,931$2,565$2,238$1,949$1,694$959
14 years$2,693$2,331$2,011$1,730$1,485$797
15 years$2,488$2,130$1,816$1,543$1,308$665
16 years$2,308$1,954$1,646$1,382$1,156$556
17 years$2,150$1,799$1,498$1,242$1,025$466
18 years$2,009$1,663$1,368$1,119$911$392
19 years$1,884$1,541$1,252$1,011$812$330
20 years$1,771$1,432$1,149$916$725$278
21 years$1,669$1,334$1,057$831$649$234
22 years$1,576$1,245$974$756$582$198
23 years$1,492$1,164$899$688$522$167
24 years$1,414$1,091$832$628$469$141
25 years$1,343$1,024$770$573$422$119
26 years$1,278$962$714$524$381$101
27 years$1,217$906$663$480$343$85
28 years$1,161$853$617$440$310$72
29 years$1,109$805$574$403$280$61
30 years$1,061$760$535$370$253$52
31 years$1,015$719$498$340$228$44
32 years$973$680$465$312$207$37
33 years$933$644$434$287$187$32
34 years$896$610$406$264$169$27
35 years$861$579$379$243$153$23
36 years$827$550$355$224$139$19
37 years$796$522$332$206$126$16
38 years$767$496$311$190$114$14
39 years$739$472$291$175$103$12
40 years$712$449$273$162$94$10
41 years$687$427$256$149$85$8
42 years$663$407$240$138$77$7
43 years$641$388$225$127$70$6
44 years$619$369$212$117$64$5
45 years$598$352$199$108$58$4
46 years$579$336$187$100$52$4
47 years$560$321$175$93$48$3
48 years$542$306$165$85$43$3
49 years$525$292$155$79$39$2
50 years$509$279$146$73$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $521,000, adding $5,608 every year, while hoping to spend $41,536 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: 73/19/8 Blend
64$521,000$521,000$521,000$521,000
65$579,927$552,314$544,238$621,107
66$594,885$535,183$518,276$631,900
67$609,977$515,821$490,052$637,969
68$625,173$494,074$459,447$643,453
69$640,437$469,780$426,335$648,281
70$655,731$442,769$390,586$652,376
71$671,008$412,857$352,064$655,656
72$686,219$379,854$310,625$658,029
73$701,303$343,558$266,122$659,395
74$716,197$303,753$218,398$659,646
75$730,826$260,214$167,291$658,666
76$745,106$212,700$112,631$656,324
77$758,945$160,961$54,242$652,481
78$772,238$104,728$0$646,984
79$784,866$43,720$0$640,356
80$796,699$0$0$636,713
81$807,590$0$0$635,913
82$817,375$0$0$643,352
83$825,872$0$0$649,740
84$832,877$0$0$654,914
85$838,163$0$0$658,691
86$841,480$0$0$660,868
87$842,545$0$0$661,219
88$841,050$0$0$659,494
89$836,648$0$0$655,414
90$828,955$0$0$648,670
91$817,548$0$0$638,920
92$801,954$0$0$625,785
93$781,652$0$0$608,843
94$756,063$0$0$587,628
95$724,546$0$0$561,626
96$686,392$0$0$530,263
97$640,817$0$0$492,910
98$586,952$0$0$448,866
99$523,838$0$0$397,358
100$450,411$0$0$337,532