Can I retire at age 65 with 663,000?

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 $663,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$54,750$54,262$53,786$53,322$52,869$51,094
2 years$27,104$26,599$26,110$25,636$25,176$23,406
3 years$17,890$17,383$16,895$16,425$15,972$14,262
4 years$13,284$12,778$12,295$11,833$11,392$9,754
5 years$10,521$10,018$9,542$9,089$8,660$7,100
6 years$8,679$8,181$7,711$7,269$6,852$5,371
7 years$7,365$6,870$6,408$5,976$5,573$4,169
8 years$6,379$5,889$5,434$5,013$4,623$3,297
9 years$5,613$5,127$4,681$4,270$3,893$2,643
10 years$5,000$4,520$4,081$3,681$3,317$2,140
11 years$4,499$4,023$3,593$3,203$2,853$1,747
12 years$4,082$3,611$3,188$2,810$2,472$1,436
13 years$3,729$3,264$2,849$2,481$2,156$1,185
14 years$3,427$2,966$2,559$2,202$1,890$983
15 years$3,166$2,710$2,311$1,964$1,664$817
16 years$2,937$2,486$2,095$1,758$1,471$682
17 years$2,736$2,290$1,906$1,580$1,304$570
18 years$2,557$2,116$1,740$1,424$1,159$477
19 years$2,397$1,961$1,593$1,287$1,033$400
20 years$2,253$1,822$1,462$1,165$923$336
21 years$2,123$1,697$1,345$1,057$826$283
22 years$2,006$1,584$1,240$962$740$238
23 years$1,898$1,482$1,144$876$665$200
24 years$1,800$1,388$1,058$799$597$169
25 years$1,709$1,303$980$729$538$142
26 years$1,626$1,225$909$667$484$120
27 years$1,549$1,152$844$610$437$101
28 years$1,478$1,086$785$559$394$85
29 years$1,411$1,024$730$513$356$72
30 years$1,350$968$680$471$321$61
31 years$1,292$915$634$432$291$51
32 years$1,238$865$592$397$263$43
33 years$1,187$820$553$365$238$37
34 years$1,140$777$516$336$215$31
35 years$1,095$737$483$309$195$26
36 years$1,053$699$452$285$177$22
37 years$1,013$664$423$263$160$19
38 years$976$631$396$242$145$16
39 years$940$600$371$223$132$13
40 years$906$571$348$206$119$11
41 years$874$544$326$190$108$10
42 years$844$518$306$175$98$8
43 years$815$493$287$162$89$7
44 years$788$470$269$149$81$6
45 years$762$448$253$138$74$5
46 years$737$428$237$127$67$4
47 years$713$408$223$118$61$3
48 years$690$390$210$109$55$3
49 years$668$372$197$101$50$2
50 years$647$355$185$93$45$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $663,000, adding $5,158 every year, while hoping to spend $40,710 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: 23/49/28 Blend
64$663,000$663,000$663,000$663,000
65$735,946$700,807$690,531$746,278
66$767,698$691,832$670,349$746,637
67$801,324$681,052$648,126$743,266
68$836,972$668,337$623,751$738,792
69$874,804$653,547$597,108$733,151
70$914,998$636,534$568,075$726,277
71$957,747$617,144$536,525$718,103
72$1,003,263$595,209$502,324$708,559
73$1,051,778$570,557$465,334$697,574
74$1,103,547$543,002$425,410$685,074
75$1,158,847$512,347$382,400$670,987
76$1,217,984$478,387$336,145$655,237
77$1,281,293$440,902$286,480$637,750
78$1,349,140$399,661$233,232$618,448
79$1,421,927$354,420$176,221$597,257
80$1,500,097$304,920$115,258$574,101
81$1,584,134$250,889$50,146$548,906
82$1,674,571$192,037$0$521,599
83$1,771,990$128,060$0$497,888
84$1,877,035$58,637$0$488,291
85$1,990,410$0$0$477,814
86$2,112,889$0$0$475,405
87$2,245,325$0$0$507,078
88$2,388,651$0$0$541,452
89$2,543,898$0$0$578,785
90$2,712,195$0$0$619,363
91$2,894,786$0$0$663,499
92$3,093,039$0$0$711,536
93$3,308,458$0$0$763,855
94$3,542,698$0$0$820,872
95$3,797,578$0$0$883,046
96$4,075,102$0$0$950,884
97$4,377,474$0$0$1,024,940
98$4,707,119$0$0$1,105,828
99$5,066,707$0$0$1,194,221
100$5,459,176$0$0$1,290,862