Can I retire at age 65 with 539,000?

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 $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$44,510$44,114$43,727$43,349$42,981$42,356
2 years$22,035$21,624$21,227$20,841$20,467$19,839
3 years$14,544$14,132$13,735$13,353$12,985$12,373
4 years$10,799$10,388$9,996$9,620$9,261$8,670
5 years$8,553$8,145$7,757$7,389$7,040$6,472
6 years$7,056$6,651$6,269$5,909$5,571$5,025
7 years$5,987$5,585$5,209$4,858$4,530$4,009
8 years$5,186$4,788$4,418$4,075$3,758$3,260
9 years$4,563$4,168$3,805$3,471$3,165$2,690
10 years$4,065$3,674$3,317$2,992$2,697$2,244
11 years$3,658$3,271$2,921$2,604$2,319$1,889
12 years$3,319$2,936$2,592$2,284$2,010$1,602
13 years$3,032$2,653$2,316$2,017$1,753$1,366
14 years$2,786$2,412$2,081$1,790$1,536$1,170
15 years$2,574$2,203$1,879$1,597$1,353$1,006
16 years$2,388$2,021$1,703$1,430$1,196$868
17 years$2,224$1,862$1,550$1,284$1,060$752
18 years$2,079$1,720$1,415$1,158$943$652
19 years$1,949$1,594$1,295$1,046$840$567
20 years$1,832$1,481$1,189$947$750$493
21 years$1,726$1,380$1,093$860$672$430
22 years$1,630$1,288$1,008$782$602$376
23 years$1,543$1,205$930$712$540$329
24 years$1,463$1,129$861$649$486$288
25 years$1,390$1,059$797$593$437$252
26 years$1,322$996$739$542$394$221
27 years$1,259$937$686$496$355$194
28 years$1,201$883$638$455$320$170
29 years$1,147$833$594$417$289$149
30 years$1,097$787$553$383$261$131
31 years$1,050$744$516$351$236$115
32 years$1,006$704$481$323$214$101
33 years$965$666$449$297$193$89
34 years$927$631$420$273$175$78
35 years$890$599$392$252$159$69
36 years$856$568$367$232$144$61
37 years$824$540$344$213$130$53
38 years$793$513$322$197$118$47
39 years$764$488$301$181$107$41
40 years$737$464$283$167$97$36
41 years$711$442$265$154$88$32
42 years$686$421$249$142$80$28
43 years$663$401$233$132$73$25
44 years$640$382$219$121$66$22
45 years$619$364$206$112$60$19
46 years$599$348$193$104$54$17
47 years$579$332$181$96$49$15
48 years$561$317$170$88$45$13
49 years$543$302$160$82$41$12
50 years$526$289$151$76$37$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $539,000, adding $4,231 every year, while hoping to spend $21,348 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: 50/41/9 Blend
64$539,000$539,000$539,000$539,000
65$598,342$569,775$561,421$626,638
66$636,659$574,980$557,514$651,633
67$678,169$579,725$552,761$676,156
68$723,174$583,963$547,111$702,306
69$772,009$587,649$540,511$730,242
70$825,040$590,729$532,904$760,137
71$882,670$593,151$524,232$792,186
72$945,342$594,856$514,434$826,603
73$1,013,546$595,782$503,446$863,623
74$1,087,817$595,865$491,201$903,509
75$1,168,747$595,035$477,628$946,550
76$1,256,986$593,218$462,656$993,066
77$1,353,249$590,337$446,206$1,043,410
78$1,458,325$586,308$428,198$1,097,973
79$1,573,081$581,044$408,549$1,157,189
80$1,698,471$574,450$387,171$1,221,534
81$1,835,546$566,430$363,973$1,291,537
82$1,985,464$556,877$338,858$1,367,781
83$2,149,498$545,680$311,726$1,450,912
84$2,329,051$532,723$282,473$1,541,642
85$2,525,668$517,881$250,990$1,640,759
86$2,741,051$501,021$217,163$1,749,132
87$2,977,072$482,005$180,872$1,867,724
88$3,235,795$460,684$141,992$1,997,596
89$3,519,492$436,904$100,395$2,139,921
90$3,830,665$410,498$55,944$2,295,995
91$4,172,073$381,292$8,498$2,467,247
92$4,546,750$349,101$0$2,655,259
93$4,958,042$313,731$0$2,865,822
94$5,409,633$274,974$0$3,097,948
95$5,905,581$232,613$0$3,352,964
96$6,450,357$186,418$0$3,633,234
97$7,048,886$136,145$0$3,941,367
98$7,706,593$81,537$0$4,280,242
99$8,429,457$22,323$0$4,653,036
100$9,224,061$0$0$5,063,254