Can I retire at age 65 with 546,000?

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 $546,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$45,088$44,687$44,295$43,912$43,539$42,835
2 years$22,321$21,905$21,502$21,112$20,733$20,026
3 years$14,733$14,315$13,913$13,526$13,154$12,465
4 years$10,939$10,523$10,125$9,745$9,381$8,717
5 years$8,664$8,250$7,858$7,485$7,132$6,493
6 years$7,148$6,737$6,350$5,986$5,643$5,031
7 years$6,065$5,658$5,277$4,921$4,589$4,004
8 years$5,253$4,850$4,475$4,128$3,807$3,249
9 years$4,622$4,223$3,855$3,516$3,206$2,674
10 years$4,118$3,722$3,361$3,031$2,732$2,226
11 years$3,705$3,313$2,959$2,638$2,349$1,869
12 years$3,362$2,974$2,626$2,314$2,036$1,580
13 years$3,071$2,688$2,346$2,043$1,775$1,344
14 years$2,823$2,443$2,108$1,813$1,556$1,148
15 years$2,607$2,232$1,903$1,617$1,370$985
16 years$2,419$2,048$1,725$1,448$1,211$848
17 years$2,253$1,886$1,570$1,301$1,074$732
18 years$2,106$1,742$1,433$1,173$955$633
19 years$1,974$1,615$1,312$1,059$851$548
20 years$1,856$1,501$1,204$960$760$476
21 years$1,749$1,398$1,108$871$680$414
22 years$1,652$1,305$1,021$792$610$360
23 years$1,563$1,220$943$721$547$314
24 years$1,482$1,143$872$658$492$274
25 years$1,408$1,073$807$601$443$239
26 years$1,339$1,008$749$549$399$209
27 years$1,276$949$695$503$360$183
28 years$1,217$894$646$461$324$160
29 years$1,162$844$602$422$293$140
30 years$1,111$797$560$388$265$122
31 years$1,064$753$522$356$239$107
32 years$1,019$713$487$327$216$94
33 years$978$675$455$301$196$82
34 years$939$640$425$277$177$72
35 years$902$607$397$255$161$63
36 years$867$576$372$235$146$55
37 years$834$547$348$216$132$49
38 years$803$520$326$199$120$43
39 years$774$494$305$184$108$37
40 years$746$470$286$170$98$33
41 years$720$448$268$156$89$29
42 years$695$426$252$144$81$25
43 years$671$406$236$133$73$22
44 years$649$387$222$123$67$19
45 years$627$369$208$114$61$17
46 years$607$352$196$105$55$15
47 years$587$336$184$97$50$13
48 years$568$321$173$90$45$12
49 years$550$306$162$83$41$10
50 years$533$293$153$77$37$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $546,000, adding $3,790 every year, while hoping to spend $31,914 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: 33/42/25 Blend
64$546,000$546,000$546,000$546,000
65$605,601$576,663$568,200$620,863
66$633,416$570,964$553,279$626,983
67$662,999$563,915$536,788$630,442
68$694,496$555,418$518,641$633,532
69$728,067$545,366$498,748$636,244
70$763,889$533,648$477,015$638,566
71$802,153$520,144$453,343$640,492
72$843,072$504,730$427,629$642,015
73$886,876$487,273$399,765$643,135
74$933,819$467,630$369,639$643,851
75$984,179$445,655$337,132$644,170
76$1,038,262$421,189$302,123$644,102
77$1,096,403$394,065$264,482$643,661
78$1,158,969$364,108$224,076$642,870
79$1,226,366$331,131$180,764$641,757
80$1,299,036$294,937$134,401$640,359
81$1,377,468$255,319$84,833$638,723
82$1,462,196$212,056$31,902$636,905
83$1,553,810$164,917$0$634,974
84$1,652,956$113,655$0$639,571
85$1,760,345$58,013$0$653,744
86$1,876,761$0$0$669,136
87$2,003,061$0$0$686,989
88$2,140,193$0$0$735,553
89$2,289,196$0$0$788,393
90$2,451,215$0$0$845,924
91$2,627,508$0$0$908,601
92$2,819,460$0$0$976,929
93$3,028,595$0$0$1,051,459
94$3,256,592$0$0$1,132,799
95$3,505,295$0$0$1,221,621
96$3,776,736$0$0$1,318,660
97$4,073,152$0$0$1,424,729
98$4,397,006$0$0$1,540,721
99$4,751,006$0$0$1,667,621
100$5,138,138$0$0$1,806,511