Can I retire at age 65 with 799,000?

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 $799,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$65,981$65,393$64,820$64,260$63,713$61,748
2 years$32,664$32,055$31,466$30,894$30,340$28,377
3 years$21,559$20,949$20,360$19,794$19,249$17,350
4 years$16,008$15,399$14,817$14,261$13,728$11,908
5 years$12,679$12,073$11,499$10,954$10,436$8,699
6 years$10,460$9,859$9,293$8,760$8,258$6,606
7 years$8,875$8,279$7,722$7,202$6,716$5,149
8 years$7,687$7,097$6,549$6,041$5,571$4,088
9 years$6,764$6,179$5,641$5,146$4,692$3,291
10 years$6,026$5,447$4,918$4,436$3,998$2,677
11 years$5,422$4,849$4,329$3,860$3,438$2,196
12 years$4,919$4,352$3,842$3,386$2,979$1,812
13 years$4,494$3,933$3,433$2,989$2,598$1,504
14 years$4,131$3,575$3,084$2,654$2,278$1,253
15 years$3,815$3,266$2,785$2,367$2,005$1,047
16 years$3,540$2,996$2,525$2,119$1,772$878
17 years$3,297$2,759$2,298$1,904$1,571$737
18 years$3,081$2,550$2,097$1,716$1,397$621
19 years$2,889$2,363$1,920$1,550$1,245$523
20 years$2,716$2,196$1,762$1,404$1,112$442
21 years$2,559$2,045$1,621$1,274$995$373
22 years$2,417$1,909$1,494$1,159$892$316
23 years$2,287$1,786$1,379$1,055$801$268
24 years$2,169$1,673$1,276$962$720$227
25 years$2,060$1,570$1,181$879$648$192
26 years$1,960$1,476$1,096$804$584$163
27 years$1,867$1,389$1,017$736$526$138
28 years$1,781$1,309$946$674$475$117
29 years$1,701$1,235$880$618$429$100
30 years$1,626$1,166$820$567$387$85
31 years$1,557$1,102$764$521$350$72
32 years$1,492$1,043$713$479$317$61
33 years$1,431$988$666$440$287$52
34 years$1,374$936$622$405$260$44
35 years$1,320$888$582$373$235$37
36 years$1,269$843$544$343$213$32
37 years$1,221$800$509$316$193$27
38 years$1,176$761$477$292$175$23
39 years$1,133$723$447$269$159$20
40 years$1,092$688$419$248$144$17
41 years$1,054$655$393$229$131$14
42 years$1,017$624$368$211$119$12
43 years$982$594$346$195$108$10
44 years$949$567$324$180$98$9
45 years$918$540$305$166$89$7
46 years$888$515$286$154$80$6
47 years$859$492$269$142$73$5
48 years$831$470$253$131$66$5
49 years$805$448$237$121$60$4
50 years$780$428$223$112$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $799,000, adding $5,478 every year, while hoping to spend $27,298 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: 72/11/17 Blend
64$799,000$799,000$799,000$799,000
65$886,149$843,802$831,417$946,070
66$947,491$856,103$830,225$998,884
67$1,014,175$868,092$828,077$1,052,878
68$1,086,718$879,725$824,915$1,111,302
69$1,165,686$890,955$820,672$1,174,591
70$1,251,705$901,731$815,284$1,243,224
71$1,345,462$911,998$808,679$1,317,726
72$1,447,713$921,701$800,784$1,398,680
73$1,559,293$930,777$791,523$1,486,725
74$1,681,117$939,161$780,815$1,582,567
75$1,814,194$946,784$768,576$1,686,984
76$1,959,636$953,570$754,717$1,800,834
77$2,118,665$959,441$739,147$1,925,061
78$2,292,628$964,313$721,768$2,060,708
79$2,483,009$968,097$702,479$2,208,923
80$2,691,438$970,696$681,175$2,370,972
81$2,919,715$972,011$657,744$2,548,251
82$3,169,820$971,933$632,072$2,742,298
83$3,443,932$970,348$604,038$2,954,808
84$3,744,454$967,136$573,514$3,187,651
85$4,074,030$962,168$540,368$3,442,889
86$4,435,574$955,306$504,463$3,722,791
87$4,832,294$946,408$465,654$4,029,863
88$5,267,724$935,318$423,790$4,366,864
89$5,745,758$921,875$378,713$4,736,838
90$6,270,685$905,906$330,259$5,143,138
91$6,847,228$887,229$278,256$5,589,461
92$7,480,592$865,650$222,524$6,079,883
93$8,176,510$840,964$162,876$6,618,897
94$8,941,298$812,955$99,117$7,211,455
95$9,781,914$781,394$31,040$7,863,015
96$10,706,023$746,036$0$8,579,594
97$11,722,072$706,627$0$9,375,373
98$12,839,365$662,893$0$10,256,613
99$14,068,154$614,549$0$11,225,780
100$15,419,733$561,289$0$12,291,799