Can I retire at age 65 with 686,000?

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 $686,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$56,649$56,145$55,652$55,172$54,703$54,109
2 years$28,044$27,522$27,016$26,525$26,049$25,451
3 years$18,510$17,986$17,481$16,995$16,526$15,943
4 years$13,744$13,222$12,722$12,244$11,787$11,222
5 years$10,886$10,366$9,873$9,404$8,960$8,416
6 years$8,980$8,464$7,978$7,521$7,090$6,567
7 years$7,620$7,108$6,630$6,183$5,766$5,265
8 years$6,600$6,093$5,623$5,187$4,783$4,304
9 years$5,807$5,305$4,843$4,418$4,028$3,570
10 years$5,174$4,676$4,222$3,808$3,432$2,995
11 years$4,655$4,163$3,717$3,315$2,952$2,535
12 years$4,224$3,737$3,299$2,907$2,558$2,162
13 years$3,859$3,377$2,947$2,567$2,231$1,854
14 years$3,546$3,069$2,648$2,278$1,955$1,598
15 years$3,276$2,804$2,391$2,032$1,722$1,383
16 years$3,039$2,573$2,168$1,819$1,522$1,201
17 years$2,831$2,369$1,973$1,635$1,349$1,046
18 years$2,646$2,189$1,801$1,473$1,200$913
19 years$2,480$2,029$1,648$1,331$1,069$799
20 years$2,331$1,885$1,513$1,206$955$700
21 years$2,197$1,756$1,392$1,094$855$615
22 years$2,075$1,639$1,283$995$766$541
23 years$1,964$1,533$1,184$906$688$476
24 years$1,862$1,437$1,095$826$618$419
25 years$1,769$1,348$1,014$755$556$370
26 years$1,682$1,267$941$690$501$327
27 years$1,603$1,192$874$632$452$288
28 years$1,529$1,124$812$579$408$255
29 years$1,460$1,060$756$531$368$226
30 years$1,396$1,001$704$487$333$200
31 years$1,337$946$656$447$301$177
32 years$1,281$895$612$411$272$156
33 years$1,229$848$572$378$246$139
34 years$1,179$804$534$348$223$123
35 years$1,133$762$499$320$202$109
36 years$1,090$724$467$295$183$96
37 years$1,048$687$437$272$166$86
38 years$1,010$653$409$250$150$76
39 years$973$621$384$231$136$67
40 years$938$591$360$213$124$60
41 years$905$562$337$196$112$53
42 years$873$536$316$181$102$47
43 years$844$510$297$167$92$42
44 years$815$486$279$155$84$37
45 years$788$464$262$143$76$33
46 years$762$443$246$132$69$29
47 years$737$422$231$122$63$26
48 years$714$403$217$113$57$23
49 years$691$385$204$104$52$20
50 years$670$368$192$96$47$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $686,000, adding $6,092 every year, while hoping to spend $30,579 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: 60/35/5 Blend
64$686,000$686,000$686,000$686,000
65$762,256$725,898$715,265$806,975
66$807,470$728,931$706,690$840,648
67$856,271$731,088$696,804$873,279
68$908,993$732,293$685,529$908,083
69$966,002$732,468$672,786$945,270
70$1,027,701$731,525$658,491$985,071
71$1,094,534$729,377$642,557$1,027,741
72$1,166,986$725,926$624,893$1,073,562
73$1,245,594$721,072$605,402$1,122,847
74$1,330,946$714,706$583,985$1,175,940
75$1,423,691$706,715$560,537$1,233,223
76$1,524,541$696,978$534,948$1,295,116
77$1,634,281$685,366$507,105$1,362,085
78$1,753,772$671,743$476,888$1,434,645
79$1,883,964$655,966$444,171$1,513,364
80$2,025,902$637,882$408,824$1,598,870
81$2,180,736$617,330$370,712$1,691,858
82$2,349,730$594,139$329,690$1,793,093
83$2,534,279$568,128$285,611$1,903,424
84$2,735,915$539,106$238,319$2,023,785
85$2,956,327$506,871$187,651$2,155,212
86$3,197,374$471,209$133,439$2,298,845
87$3,461,102$431,894$75,505$2,455,946
88$3,749,764$388,686$13,664$2,627,907
89$4,065,842$341,334$0$2,816,268
90$4,412,068$289,570$0$3,025,517
91$4,791,453$233,112$0$3,255,698
92$5,207,309$171,663$0$3,508,164
93$5,663,286$104,906$0$3,785,212
94$6,163,406$32,511$0$4,089,379
95$6,712,096$0$0$4,423,463
96$7,314,232$0$0$4,808,221
97$7,975,188$0$0$5,244,364
98$8,700,881$0$0$5,723,284
99$9,497,830$0$0$6,249,290
100$10,373,215$0$0$6,827,128