Can I retire at age 65 with 682,000?

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 $682,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$56,319$55,817$55,328$54,850$54,384$54,109
2 years$27,881$27,361$26,858$26,370$25,897$25,620
3 years$18,402$17,881$17,379$16,896$16,430$16,159
4 years$13,664$13,144$12,647$12,172$11,718$11,455
5 years$10,822$10,305$9,815$9,350$8,908$8,654
6 years$8,928$8,415$7,932$7,477$7,049$6,804
7 years$7,576$7,067$6,591$6,147$5,732$5,497
8 years$6,562$6,058$5,590$5,157$4,756$4,529
9 years$5,774$5,274$4,815$4,392$4,005$3,788
10 years$5,143$4,649$4,198$3,786$3,412$3,205
11 years$4,628$4,139$3,696$3,295$2,935$2,736
12 years$4,199$3,715$3,280$2,890$2,543$2,354
13 years$3,836$3,357$2,930$2,552$2,218$2,037
14 years$3,526$3,051$2,633$2,265$1,944$1,772
15 years$3,257$2,788$2,377$2,020$1,712$1,548
16 years$3,022$2,558$2,155$1,809$1,513$1,357
17 years$2,814$2,355$1,961$1,625$1,341$1,193
18 years$2,630$2,177$1,790$1,465$1,193$1,052
19 years$2,466$2,017$1,639$1,323$1,063$930
20 years$2,318$1,874$1,504$1,199$950$824
21 years$2,184$1,746$1,383$1,088$850$731
22 years$2,063$1,630$1,275$989$762$649
23 years$1,952$1,524$1,177$901$684$578
24 years$1,851$1,428$1,089$822$615$514
25 years$1,758$1,340$1,008$750$553$459
26 years$1,673$1,260$935$686$498$409
27 years$1,593$1,185$868$628$449$366
28 years$1,520$1,117$807$575$405$327
29 years$1,452$1,054$751$528$366$292
30 years$1,388$995$700$484$331$262
31 years$1,329$941$652$445$299$234
32 years$1,273$890$609$409$270$210
33 years$1,221$843$568$376$245$188
34 years$1,172$799$531$346$222$169
35 years$1,127$758$497$318$201$151
36 years$1,083$719$464$293$182$136
37 years$1,042$683$435$270$165$122
38 years$1,004$649$407$249$149$109
39 years$967$617$381$230$135$98
40 years$932$587$358$212$123$88
41 years$900$559$335$195$111$79
42 years$868$533$314$180$101$71
43 years$839$507$295$166$92$64
44 years$810$484$277$154$83$57
45 years$783$461$260$142$76$51
46 years$758$440$244$131$69$46
47 years$733$420$229$121$62$42
48 years$710$401$216$112$57$37
49 years$687$383$203$103$51$34
50 years$666$366$191$96$47$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $682,000, adding $5,254 every year, while hoping to spend $59,092 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: 75/16/9 Blend
64$682,000$682,000$682,000$682,000
65$756,984$720,838$710,267$812,224
66$771,322$693,285$671,187$821,782
67$785,143$662,402$628,818$824,253
68$798,331$627,963$582,986$825,288
69$810,757$589,729$533,512$824,723
70$822,276$547,448$480,207$822,379
71$832,729$500,853$422,874$818,061
72$841,934$449,662$361,308$811,553
73$849,694$393,578$295,294$802,621
74$855,783$332,284$224,607$791,006
75$859,956$265,449$149,015$776,428
76$861,937$192,721$68,271$758,577
77$861,418$113,728$0$737,113
78$858,061$28,079$0$713,384
79$851,488$0$0$692,373
80$841,281$0$0$678,479
81$826,975$0$0$666,125
82$808,056$0$0$649,941
83$783,955$0$0$629,457
84$754,040$0$0$604,150
85$717,612$0$0$573,442
86$673,898$0$0$536,693
87$622,043$0$0$493,196
88$561,100$0$0$442,168
89$490,023$0$0$382,742
90$407,654$0$0$313,963
91$312,714$0$0$234,772
92$203,790$0$0$144,000
93$79,320$0$0$40,356
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0