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%12.4%
1 years$44,510$44,114$43,727$43,349$42,981$42,549
2 years$22,035$21,624$21,227$20,841$20,467$20,033
3 years$14,544$14,132$13,735$13,353$12,985$12,561
4 years$10,799$10,388$9,996$9,620$9,261$8,851
5 years$8,553$8,145$7,757$7,389$7,040$6,645
6 years$7,056$6,651$6,269$5,909$5,571$5,190
7 years$5,987$5,585$5,209$4,858$4,530$4,166
8 years$5,186$4,788$4,418$4,075$3,758$3,409
9 years$4,563$4,168$3,805$3,471$3,165$2,831
10 years$4,065$3,674$3,317$2,992$2,697$2,378
11 years$3,658$3,271$2,921$2,604$2,319$2,016
12 years$3,319$2,936$2,592$2,284$2,010$1,721
13 years$3,032$2,653$2,316$2,017$1,753$1,478
14 years$2,786$2,412$2,081$1,790$1,536$1,275
15 years$2,574$2,203$1,879$1,597$1,353$1,105
16 years$2,388$2,021$1,703$1,430$1,196$961
17 years$2,224$1,862$1,550$1,284$1,060$838
18 years$2,079$1,720$1,415$1,158$943$733
19 years$1,949$1,594$1,295$1,046$840$642
20 years$1,832$1,481$1,189$947$750$564
21 years$1,726$1,380$1,093$860$672$496
22 years$1,630$1,288$1,008$782$602$436
23 years$1,543$1,205$930$712$540$385
24 years$1,463$1,129$861$649$486$340
25 years$1,390$1,059$797$593$437$300
26 years$1,322$996$739$542$394$265
27 years$1,259$937$686$496$355$235
28 years$1,201$883$638$455$320$208
29 years$1,147$833$594$417$289$184
30 years$1,097$787$553$383$261$163
31 years$1,050$744$516$351$236$145
32 years$1,006$704$481$323$214$128
33 years$965$666$449$297$193$114
34 years$927$631$420$273$175$101
35 years$890$599$392$252$159$90
36 years$856$568$367$232$144$80
37 years$824$540$344$213$130$71
38 years$793$513$322$197$118$63
39 years$764$488$301$181$107$56
40 years$737$464$283$167$97$50
41 years$711$442$265$154$88$44
42 years$686$421$249$142$80$39
43 years$663$401$233$132$73$35
44 years$640$382$219$121$66$31
45 years$619$364$206$112$60$28
46 years$599$348$193$104$54$24
47 years$579$332$181$96$49$22
48 years$561$317$170$88$45$19
49 years$543$302$160$82$41$17
50 years$526$289$151$76$37$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $539,000, adding $3,997 every year, while hoping to spend $35,236 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: 55/39/6 Blend
64$539,000$539,000$539,000$539,000
65$598,101$569,534$561,179$629,991
66$621,616$559,950$542,488$642,378
67$646,349$548,716$521,990$651,592
68$672,387$535,713$499,586$660,759
69$699,824$520,817$475,176$669,878
70$728,764$503,894$448,652$678,950
71$759,318$484,805$419,902$687,980
72$791,610$463,402$388,810$696,974
73$825,773$439,528$355,254$705,942
74$861,953$413,016$319,107$714,897
75$900,311$383,692$280,235$723,855
76$941,019$351,370$238,500$732,838
77$984,270$315,853$193,756$741,872
78$1,030,271$276,936$145,852$750,989
79$1,079,250$234,397$94,630$760,229
80$1,131,458$188,008$39,925$769,637
81$1,187,168$137,521$0$779,271
82$1,246,681$82,681$0$790,375
83$1,310,323$23,214$0$804,650
84$1,378,457$0$0$819,637
85$1,451,476$0$0$853,118
86$1,529,814$0$0$899,760
87$1,613,946$0$0$949,888
88$1,704,396$0$0$1,003,817
89$1,801,734$0$0$1,061,894
90$1,906,591$0$0$1,124,498
91$2,019,657$0$0$1,192,049
92$2,141,692$0$0$1,265,004
93$2,273,530$0$0$1,343,869
94$2,416,086$0$0$1,429,197
95$2,570,369$0$0$1,521,600
96$2,737,486$0$0$1,621,746
97$2,918,654$0$0$1,730,372
98$3,115,213$0$0$1,848,290
99$3,328,634$0$0$1,976,389
100$3,560,538$0$0$2,115,652