Can I retire at age 65 with 543,000?

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 $543,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$44,840$44,441$44,051$43,671$43,300$42,065
2 years$22,198$21,785$21,384$20,996$20,619$19,385
3 years$14,652$14,237$13,837$13,452$13,081$11,887
4 years$10,879$10,465$10,070$9,691$9,330$8,183
5 years$8,616$8,205$7,815$7,444$7,092$5,997
6 years$7,108$6,700$6,315$5,953$5,612$4,569
7 years$6,032$5,627$5,248$4,894$4,564$3,573
8 years$5,224$4,823$4,451$4,106$3,786$2,847
9 years$4,597$4,199$3,833$3,497$3,189$2,301
10 years$4,095$3,702$3,342$3,015$2,717$1,878
11 years$3,685$3,295$2,942$2,624$2,337$1,547
12 years$3,343$2,958$2,611$2,301$2,025$1,282
13 years$3,054$2,673$2,333$2,032$1,766$1,068
14 years$2,807$2,430$2,096$1,803$1,548$893
15 years$2,593$2,219$1,893$1,608$1,363$750
16 years$2,406$2,036$1,716$1,440$1,204$631
17 years$2,241$1,875$1,561$1,294$1,068$533
18 years$2,094$1,733$1,425$1,166$950$450
19 years$1,963$1,606$1,305$1,054$846$381
20 years$1,845$1,492$1,198$954$756$323
21 years$1,739$1,390$1,101$866$677$275
22 years$1,643$1,298$1,015$787$606$233
23 years$1,555$1,214$937$717$544$199
24 years$1,474$1,137$867$654$489$169
25 years$1,400$1,067$803$597$440$144
26 years$1,332$1,003$745$546$397$123
27 years$1,269$944$691$500$358$105
28 years$1,210$889$643$458$323$89
29 years$1,156$839$598$420$291$76
30 years$1,105$792$557$386$263$65
31 years$1,058$749$519$354$238$55
32 years$1,014$709$485$325$215$47
33 years$972$671$453$299$195$40
34 years$934$636$423$275$176$35
35 years$897$603$395$253$160$29
36 years$862$573$370$233$145$25
37 years$830$544$346$215$131$22
38 years$799$517$324$198$119$18
39 years$770$492$304$183$108$16
40 years$742$468$285$169$98$13
41 years$716$445$267$156$89$11
42 years$691$424$250$144$81$10
43 years$668$404$235$133$73$8
44 years$645$385$221$122$66$7
45 years$624$367$207$113$60$6
46 years$603$350$194$104$55$5
47 years$584$334$183$96$50$4
48 years$565$319$172$89$45$4
49 years$547$305$161$82$41$3
50 years$530$291$152$76$37$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $543,000, adding $2,562 every year, while hoping to spend $25,722 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: 65/25/10 Blend
64$543,000$543,000$543,000$543,000
65$601,029$572,250$563,833$638,645
66$634,966$572,922$555,354$664,712
67$671,502$572,765$545,728$689,918
68$710,876$571,711$534,890$716,797
69$753,349$569,688$522,773$745,513
70$799,207$566,620$509,303$776,242
71$848,768$562,426$494,406$809,183
72$902,377$557,019$478,003$844,552
73$960,415$550,310$460,012$882,591
74$1,023,303$542,200$440,348$923,566
75$1,091,500$532,588$418,919$967,771
76$1,165,513$521,365$395,634$1,015,530
77$1,245,901$508,417$370,392$1,067,204
78$1,333,275$493,622$343,093$1,123,188
79$1,428,310$476,851$313,628$1,183,921
80$1,531,750$457,968$281,886$1,249,887
81$1,644,409$436,829$247,750$1,321,622
82$1,767,186$413,281$211,097$1,399,717
83$1,901,071$387,164$171,801$1,484,824
84$2,047,151$358,306$129,727$1,577,665
85$2,206,625$326,528$84,738$1,679,036
86$2,380,812$291,638$36,687$1,789,817
87$2,571,162$253,436$0$1,910,980
88$2,779,274$211,708$0$2,045,153
89$3,006,909$166,230$0$2,196,245
90$3,256,003$116,765$0$2,361,660
91$3,528,689$63,061$0$2,542,863
92$3,827,318$4,853$0$2,741,466
93$4,154,476$0$0$2,959,248
94$4,513,012$0$0$3,214,168
95$4,906,065$0$0$3,495,129
96$5,337,090$0$0$3,803,271
97$5,809,894$0$0$4,141,320
98$6,328,668$0$0$4,512,278
99$6,898,032$0$0$4,919,454
100$7,523,072$0$0$5,366,489