Can I retire at age 65 with 643,000?

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 $643,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$53,098$52,625$52,164$51,714$51,274$50,591
2 years$26,286$25,797$25,322$24,862$24,416$23,729
3 years$17,350$16,858$16,385$15,929$15,491$14,821
4 years$12,883$12,393$11,924$11,476$11,048$10,401
5 years$10,203$9,716$9,254$8,815$8,399$7,776
6 years$8,417$7,934$7,478$7,049$6,645$6,048
7 years$7,142$6,663$6,215$5,796$5,405$4,832
8 years$6,186$5,711$5,270$4,862$4,484$3,937
9 years$5,443$4,973$4,539$4,141$3,776$3,254
10 years$4,849$4,383$3,958$3,570$3,217$2,720
11 years$4,364$3,902$3,484$3,107$2,767$2,294
12 years$3,959$3,502$3,092$2,725$2,398$1,948
13 years$3,617$3,165$2,763$2,406$2,091$1,665
14 years$3,324$2,877$2,482$2,136$1,833$1,429
15 years$3,070$2,628$2,241$1,905$1,614$1,232
16 years$2,849$2,411$2,032$1,705$1,426$1,065
17 years$2,653$2,221$1,849$1,532$1,265$924
18 years$2,480$2,052$1,688$1,381$1,124$803
19 years$2,325$1,902$1,545$1,248$1,002$700
20 years$2,185$1,767$1,418$1,130$895$611
21 years$2,059$1,646$1,304$1,026$801$534
22 years$1,945$1,537$1,202$933$718$467
23 years$1,841$1,437$1,110$849$645$409
24 years$1,745$1,347$1,027$775$579$359
25 years$1,658$1,264$951$707$521$315
26 years$1,577$1,188$882$647$470$277
27 years$1,502$1,118$819$592$423$243
28 years$1,433$1,053$761$542$382$214
29 years$1,369$994$708$497$345$188
30 years$1,309$938$660$456$312$166
31 years$1,253$887$615$419$282$146
32 years$1,201$839$574$385$255$129
33 years$1,152$795$536$354$231$114
34 years$1,105$753$501$326$209$100
35 years$1,062$715$468$300$189$88
36 years$1,021$678$438$276$171$78
37 years$983$644$410$255$155$69
38 years$946$612$384$235$141$61
39 years$912$582$360$216$128$53
40 years$879$554$337$200$116$47
41 years$848$527$316$184$105$42
42 years$819$502$296$170$95$37
43 years$791$478$278$157$87$32
44 years$764$456$261$145$79$29
45 years$739$435$245$134$71$25
46 years$714$415$230$124$65$22
47 years$691$396$216$114$59$20
48 years$669$378$203$106$53$17
49 years$648$361$191$98$49$15
50 years$628$345$180$90$44$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $643,000, adding $4,881 every year, while hoping to spend $32,031 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: 49/45/6 Blend
64$643,000$643,000$643,000$643,000
65$713,621$679,542$669,575$747,266
66$752,329$678,759$657,925$769,972
67$793,913$676,863$644,812$790,798
68$838,630$673,768$630,151$812,656
69$886,766$669,379$613,857$835,651
70$938,635$663,596$595,839$859,899
71$994,578$656,315$576,003$885,530
72$1,054,974$647,424$554,248$912,689
73$1,120,237$636,803$530,471$941,538
74$1,190,823$624,328$504,563$972,257
75$1,267,233$609,867$476,412$1,005,046
76$1,350,018$593,277$445,899$1,040,130
77$1,439,783$574,411$412,900$1,077,758
78$1,537,194$553,110$377,285$1,118,206
79$1,642,983$529,208$338,920$1,161,783
80$1,757,956$502,528$297,662$1,208,832
81$1,882,999$472,883$253,365$1,259,735
82$2,019,087$440,076$205,875$1,314,915
83$2,167,292$403,899$155,031$1,374,844
84$2,328,796$364,130$100,664$1,440,043
85$2,504,897$320,536$42,600$1,511,094
86$2,697,025$272,871$0$1,588,641
87$2,906,754$220,874$0$1,674,639
88$3,135,816$164,270$0$1,771,633
89$3,386,119$102,769$0$1,877,785
90$3,659,762$36,063$0$1,994,085
91$3,959,056$0$0$2,121,626
92$4,286,547$0$0$2,279,535
93$4,645,038$0$0$2,472,007
94$5,037,615$0$0$2,682,850
95$5,467,676$0$0$2,913,897
96$5,938,965$0$0$3,167,170
97$6,455,603$0$0$3,444,892
98$7,022,130$0$0$3,749,514
99$7,643,547$0$0$4,083,734
100$8,325,361$0$0$4,450,526