Can I retire at age 65 with 575,000?

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 $575,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$47,483$47,060$46,647$46,245$45,851$45,166
2 years$23,506$23,069$22,644$22,233$21,834$21,145
3 years$15,515$15,076$14,652$14,245$13,852$13,181
4 years$11,520$11,082$10,663$10,263$9,880$9,232
5 years$9,124$8,689$8,275$7,883$7,510$6,887
6 years$7,527$7,095$6,687$6,304$5,943$5,345
7 years$6,387$5,958$5,557$5,183$4,833$4,261
8 years$5,532$5,107$4,713$4,348$4,009$3,464
9 years$4,868$4,447$4,059$3,703$3,377$2,856
10 years$4,336$3,920$3,539$3,192$2,877$2,382
11 years$3,902$3,489$3,116$2,778$2,474$2,003
12 years$3,540$3,132$2,765$2,437$2,144$1,697
13 years$3,234$2,830$2,470$2,151$1,870$1,446
14 years$2,973$2,573$2,220$1,910$1,639$1,238
15 years$2,746$2,350$2,004$1,703$1,443$1,064
16 years$2,547$2,156$1,817$1,525$1,275$918
17 years$2,373$1,986$1,653$1,370$1,131$794
18 years$2,218$1,835$1,509$1,235$1,006$688
19 years$2,079$1,701$1,382$1,116$896$598
20 years$1,954$1,580$1,268$1,011$801$520
21 years$1,842$1,472$1,166$917$716$453
22 years$1,739$1,374$1,075$834$642$395
23 years$1,646$1,285$993$759$576$345
24 years$1,561$1,204$918$693$518$302
25 years$1,482$1,130$850$633$466$264
26 years$1,410$1,062$789$578$420$232
27 years$1,343$999$732$529$379$203
28 years$1,282$942$681$485$342$178
29 years$1,224$888$633$445$308$156
30 years$1,170$839$590$408$279$137
31 years$1,120$793$550$375$252$120
32 years$1,074$751$513$345$228$106
33 years$1,030$711$479$317$206$93
34 years$989$674$448$292$187$82
35 years$950$639$419$268$169$72
36 years$913$606$392$247$153$63
37 years$879$576$367$228$139$55
38 years$846$547$343$210$126$49
39 years$815$521$322$194$114$43
40 years$786$495$301$179$104$38
41 years$758$471$283$165$94$33
42 years$732$449$265$152$85$29
43 years$707$428$249$140$77$26
44 years$683$408$234$130$70$23
45 years$660$389$219$120$64$20
46 years$639$371$206$111$58$17
47 years$618$354$193$102$53$15
48 years$598$338$182$94$48$14
49 years$579$323$171$87$43$12
50 years$561$308$161$81$39$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $575,000, adding $2,648 every year, while hoping to spend $20,466 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: 49/44/7 Blend
64$575,000$575,000$575,000$575,000
65$636,381$605,906$596,994$666,283
66$679,517$613,820$595,218$694,910
67$726,366$621,436$592,696$723,591
68$777,286$628,717$589,382$754,260
69$832,670$635,625$585,227$787,108
70$892,951$642,119$580,181$822,347
71$958,603$648,154$574,188$860,207
72$1,030,152$653,685$567,194$900,948
73$1,108,171$658,660$559,140$944,851
74$1,193,297$663,026$549,963$992,232
75$1,286,227$666,728$539,600$1,043,436
76$1,387,728$669,704$527,983$1,098,845
77$1,498,647$671,890$515,041$1,158,881
78$1,619,916$673,219$500,701$1,224,011
79$1,752,558$673,618$484,886$1,294,748
80$1,897,703$673,009$467,514$1,371,662
81$2,056,594$671,312$448,501$1,455,380
82$2,230,600$668,440$427,759$1,546,594
83$2,421,228$664,300$405,196$1,646,069
84$2,630,138$658,795$380,714$1,754,650
85$2,859,158$651,822$354,214$1,873,269
86$3,110,301$643,271$325,590$2,002,955
87$3,385,786$633,025$294,731$2,144,844
88$3,688,054$620,961$261,522$2,300,189
89$4,019,797$606,949$225,844$2,470,375
90$4,383,977$590,851$187,571$2,656,930
91$4,783,860$572,520$146,572$2,861,538
92$5,223,042$551,801$102,710$3,086,061
93$5,705,483$528,531$55,843$3,332,553
94$6,235,550$502,536$5,820$3,603,278
95$6,818,048$473,632$0$3,900,737
96$7,458,275$441,626$0$4,231,241
97$8,162,066$406,313$0$4,594,978
98$8,935,849$367,475$0$4,994,882
99$9,786,708$324,884$0$5,434,673
100$10,722,446$278,296$0$5,918,453