Can I retire at age 65 with 567,000?

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 $567,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$46,822$46,405$45,998$45,601$45,213$44,816
2 years$23,179$22,748$22,329$21,924$21,530$21,130
3 years$15,299$14,866$14,449$14,047$13,660$13,268
4 years$11,360$10,928$10,515$10,120$9,742$9,363
5 years$8,997$8,568$8,160$7,773$7,406$7,040
6 years$7,423$6,996$6,594$6,216$5,860$5,509
7 years$6,298$5,875$5,480$5,111$4,766$4,428
8 years$5,455$5,036$4,647$4,287$3,954$3,630
9 years$4,800$4,385$4,003$3,652$3,330$3,020
10 years$4,276$3,865$3,490$3,148$2,837$2,541
11 years$3,848$3,441$3,072$2,740$2,440$2,158
12 years$3,491$3,088$2,727$2,403$2,114$1,846
13 years$3,189$2,791$2,436$2,121$1,844$1,588
14 years$2,931$2,537$2,189$1,883$1,616$1,373
15 years$2,708$2,318$1,976$1,679$1,423$1,193
16 years$2,512$2,126$1,792$1,504$1,258$1,039
17 years$2,340$1,958$1,630$1,351$1,115$908
18 years$2,187$1,809$1,488$1,218$992$796
19 years$2,050$1,677$1,363$1,100$884$699
20 years$1,927$1,558$1,250$996$789$615
21 years$1,816$1,452$1,150$904$706$542
22 years$1,715$1,355$1,060$822$633$478
23 years$1,623$1,267$979$749$568$423
24 years$1,539$1,187$905$683$511$374
25 years$1,462$1,114$838$624$460$331
26 years$1,391$1,047$778$570$414$293
27 years$1,325$986$722$522$373$260
28 years$1,264$929$671$478$337$231
29 years$1,207$876$625$439$304$205
30 years$1,154$827$582$403$275$182
31 years$1,105$782$542$370$249$162
32 years$1,059$740$506$340$225$144
33 years$1,015$701$473$312$203$128
34 years$975$664$442$287$184$114
35 years$937$630$413$265$167$101
36 years$901$598$386$244$151$90
37 years$867$568$361$225$137$80
38 years$834$540$338$207$124$72
39 years$804$513$317$191$113$64
40 years$775$488$297$176$102$57
41 years$748$465$279$162$93$51
42 years$722$443$261$150$84$45
43 years$697$422$245$138$76$40
44 years$674$402$230$128$69$36
45 years$651$383$216$118$63$32
46 years$630$366$203$109$57$28
47 years$610$349$191$101$52$25
48 years$590$333$179$93$47$23
49 years$571$318$169$86$43$20
50 years$554$304$158$79$39$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $567,000, adding $2,449 every year, while hoping to spend $42,837 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: 62/27/11 Blend
64$567,000$567,000$567,000$567,000
65$627,360$597,309$588,521$664,517
66$645,773$580,999$562,658$673,393
67$664,628$562,454$534,493$677,936
68$683,925$541,519$503,904$681,833
69$703,662$518,031$470,762$685,020
70$723,838$491,817$434,934$687,434
71$744,446$462,692$396,281$689,001
72$765,479$430,464$354,656$689,646
73$786,929$394,927$309,908$689,287
74$808,782$355,866$261,877$687,838
75$831,025$313,050$210,396$685,203
76$853,638$266,238$155,293$681,282
77$876,600$215,175$96,386$675,968
78$899,885$159,590$33,487$669,145
79$923,461$99,198$0$660,689
80$947,294$33,699$0$654,415
81$971,342$0$0$650,682
82$995,556$0$0$656,490
83$1,019,882$0$0$672,364
84$1,044,257$0$0$688,247
85$1,068,608$0$0$704,090
86$1,092,856$0$0$719,837
87$1,116,907$0$0$735,424
88$1,140,658$0$0$750,780
89$1,163,991$0$0$765,822
90$1,186,773$0$0$780,460
91$1,208,858$0$0$794,591
92$1,230,077$0$0$808,102
93$1,250,245$0$0$820,863
94$1,269,154$0$0$832,731
95$1,286,570$0$0$843,547
96$1,302,233$0$0$853,130
97$1,315,853$0$0$861,283
98$1,327,107$0$0$867,783
99$1,335,636$0$0$872,384
100$1,341,040$0$0$874,810