Can I retire at age 65 with 574,000?

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 $574,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$47,400$46,978$46,566$46,164$45,772$44,611
2 years$23,466$23,029$22,605$22,194$21,796$20,634
3 years$15,488$15,049$14,627$14,220$13,828$12,701
4 years$11,500$11,063$10,645$10,245$9,862$8,780
5 years$9,108$8,673$8,261$7,869$7,497$6,461
6 years$7,514$7,083$6,676$6,293$5,932$4,944
7 years$6,376$5,948$5,548$5,174$4,825$3,884
8 years$5,523$5,098$4,705$4,340$4,002$3,110
9 years$4,859$4,439$4,052$3,697$3,371$2,525
10 years$4,329$3,913$3,533$3,187$2,872$2,072
11 years$3,895$3,483$3,110$2,773$2,470$1,715
12 years$3,534$3,126$2,760$2,433$2,140$1,428
13 years$3,229$2,825$2,466$2,148$1,866$1,196
14 years$2,967$2,568$2,216$1,906$1,636$1,006
15 years$2,741$2,346$2,001$1,700$1,441$849
16 years$2,543$2,153$1,814$1,522$1,273$719
17 years$2,369$1,982$1,651$1,368$1,129$610
18 years$2,214$1,832$1,507$1,233$1,004$519
19 years$2,075$1,698$1,379$1,114$895$442
20 years$1,951$1,578$1,266$1,009$799$378
21 years$1,838$1,469$1,164$916$715$323
22 years$1,736$1,372$1,073$832$641$276
23 years$1,643$1,283$991$758$575$236
24 years$1,558$1,202$916$691$517$202
25 years$1,480$1,128$849$631$465$173
26 years$1,408$1,060$787$577$419$149
27 years$1,341$998$731$528$378$128
28 years$1,279$940$680$484$341$110
29 years$1,222$887$632$444$308$94
30 years$1,168$838$589$408$278$81
31 years$1,118$792$549$374$252$69
32 years$1,072$749$512$344$228$60
33 years$1,028$710$478$316$206$51
34 years$987$672$447$291$186$44
35 years$948$638$418$268$169$38
36 years$912$605$391$247$153$33
37 years$877$575$366$227$139$28
38 years$845$546$343$210$126$24
39 years$814$520$321$193$114$21
40 years$785$494$301$178$103$18
41 years$757$471$282$164$94$15
42 years$731$448$265$152$85$13
43 years$706$427$248$140$77$11
44 years$682$407$233$129$70$10
45 years$659$388$219$119$64$8
46 years$638$370$206$110$58$7
47 years$617$353$193$102$52$6
48 years$597$337$181$94$48$5
49 years$578$322$171$87$43$5
50 years$560$308$160$80$39$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $574,000, adding $3,316 every year, while hoping to spend $33,460 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: 88/6/6 Blend
64$574,000$574,000$574,000$574,000
65$635,968$605,546$596,649$691,524
66$665,236$599,617$581,036$722,261
67$696,368$592,276$563,778$751,025
68$729,518$583,418$544,785$781,547
69$764,856$572,933$523,963$813,978
70$802,568$560,703$501,212$848,486
71$842,857$546,605$476,430$885,253
72$885,946$530,506$449,508$924,480
73$932,079$512,267$420,333$966,389
74$981,524$491,742$388,788$1,011,223
75$1,034,576$468,773$354,748$1,059,250
76$1,091,556$443,197$318,086$1,110,765
77$1,152,819$414,838$278,666$1,166,091
78$1,218,754$383,512$236,349$1,225,585
79$1,289,787$349,024$190,986$1,289,641
80$1,366,387$311,168$142,426$1,358,689
81$1,449,069$269,725$90,508$1,433,207
82$1,538,399$224,467$35,065$1,513,718
83$1,634,998$175,148$0$1,600,799
84$1,739,551$121,513$0$1,696,629
85$1,852,808$63,290$0$1,802,861
86$1,975,595$193$0$1,918,030
87$2,108,822$0$0$2,042,999
88$2,253,487$0$0$2,183,212
89$2,410,690$0$0$2,335,593
90$2,581,638$0$0$2,501,303
91$2,767,662$0$0$2,681,630
92$2,970,226$0$0$2,877,995
93$3,190,939$0$0$3,091,958
94$3,431,574$0$0$3,325,238
95$3,694,082$0$0$3,579,727
96$3,980,609$0$0$3,857,506
97$4,293,518$0$0$4,160,866
98$4,635,411$0$0$4,492,331
99$5,009,151$0$0$4,854,678
100$5,417,892$0$0$5,250,965