Can I retire at age 65 with 576,000?

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 $576,000?

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$47,566$47,142$46,728$46,325$45,931$45,245
2 years$23,547$23,109$22,684$22,272$21,872$21,182
3 years$15,542$15,102$14,678$14,270$13,876$13,204
4 years$11,541$11,101$10,682$10,280$9,897$9,248
5 years$9,140$8,704$8,289$7,896$7,523$6,899
6 years$7,540$7,107$6,699$6,315$5,953$5,355
7 years$6,398$5,969$5,567$5,192$4,841$4,269
8 years$5,542$5,116$4,721$4,355$4,016$3,470
9 years$4,876$4,455$4,066$3,710$3,382$2,861
10 years$4,344$3,926$3,545$3,198$2,882$2,386
11 years$3,909$3,496$3,121$2,783$2,479$2,007
12 years$3,546$3,137$2,770$2,441$2,148$1,700
13 years$3,240$2,835$2,475$2,155$1,873$1,449
14 years$2,978$2,577$2,224$1,913$1,642$1,240
15 years$2,750$2,354$2,008$1,706$1,446$1,066
16 years$2,552$2,160$1,820$1,528$1,278$919
17 years$2,377$1,989$1,656$1,373$1,133$795
18 years$2,221$1,838$1,512$1,237$1,007$689
19 years$2,083$1,704$1,384$1,118$898$599
20 years$1,958$1,583$1,270$1,012$802$521
21 years$1,845$1,475$1,168$919$718$454
22 years$1,742$1,376$1,077$835$643$396
23 years$1,649$1,287$994$761$577$346
24 years$1,564$1,206$920$694$519$303
25 years$1,485$1,132$852$634$467$265
26 years$1,413$1,064$790$579$421$232
27 years$1,346$1,001$734$530$379$203
28 years$1,284$943$682$486$342$178
29 years$1,226$890$635$446$309$156
30 years$1,172$841$591$409$279$137
31 years$1,122$795$551$376$252$120
32 years$1,075$752$514$345$228$106
33 years$1,032$712$480$317$207$93
34 years$990$675$449$292$187$82
35 years$951$640$419$269$169$72
36 years$915$608$392$248$154$63
37 years$880$577$367$228$139$55
38 years$848$548$344$210$126$49
39 years$817$521$322$194$114$43
40 years$787$496$302$179$104$38
41 years$760$472$283$165$94$33
42 years$733$450$266$152$85$29
43 years$708$429$249$141$78$26
44 years$684$408$234$130$70$23
45 years$662$390$220$120$64$20
46 years$640$372$206$111$58$17
47 years$619$355$194$102$53$15
48 years$599$339$182$95$48$14
49 years$580$323$171$87$43$12
50 years$562$309$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 $576,000, adding $6,351 every year, while hoping to spend $36,148 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: 64/25/11 Blend
64$576,000$576,000$576,000$576,000
65$641,303$610,775$601,847$680,363
66$668,255$602,242$583,548$698,709
67$696,744$592,079$563,424$713,947
68$726,890$580,168$541,376$729,680
69$758,821$566,385$517,301$745,953
70$792,679$550,597$491,089$762,821
71$828,620$532,664$462,628$780,342
72$866,812$512,437$431,799$798,583
73$907,440$489,759$398,477$817,620
74$950,707$464,465$362,534$837,538
75$996,834$436,380$323,834$858,432
76$1,046,065$405,316$282,236$880,408
77$1,098,665$371,078$237,593$903,586
78$1,154,926$333,458$189,750$928,100
79$1,215,169$292,237$138,546$954,099
80$1,279,743$247,184$83,814$981,751
81$1,349,033$198,052$25,378$1,011,244
82$1,423,461$144,584$0$1,042,786
83$1,503,491$86,506$0$1,080,953
84$1,589,632$23,529$0$1,125,124
85$1,682,442$0$0$1,172,632
86$1,782,534$0$0$1,236,108
87$1,890,583$0$0$1,311,649
88$2,007,329$0$0$1,393,303
89$2,133,587$0$0$1,481,644
90$2,270,250$0$0$1,577,301
91$2,418,303$0$0$1,680,968
92$2,578,826$0$0$1,793,406
93$2,753,009$0$0$1,915,454
94$2,942,160$0$0$2,048,034
95$3,147,717$0$0$2,192,158
96$3,371,263$0$0$2,348,943
97$3,614,539$0$0$2,519,615
98$3,879,460$0$0$2,705,525
99$4,168,134$0$0$2,908,158
100$4,482,882$0$0$3,129,149