Can I retire at age 65 with 801,000?

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 $801,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$66,146$65,557$64,982$64,421$63,873$62,507
2 years$32,745$32,136$31,545$30,972$30,416$29,046
3 years$21,613$21,001$20,411$19,844$19,297$17,966
4 years$16,049$15,438$14,854$14,296$13,763$12,482
5 years$12,710$12,104$11,528$10,981$10,462$9,234
6 years$10,486$9,883$9,316$8,782$8,278$7,105
7 years$8,897$8,300$7,742$7,220$6,733$5,613
8 years$7,707$7,115$6,565$6,056$5,585$4,520
9 years$6,781$6,195$5,655$5,159$4,704$3,692
10 years$6,041$5,460$4,930$4,447$4,008$3,049
11 years$5,436$4,861$4,340$3,870$3,447$2,539
12 years$4,932$4,363$3,852$3,395$2,987$2,129
13 years$4,506$3,943$3,441$2,997$2,605$1,795
14 years$4,141$3,584$3,092$2,660$2,283$1,520
15 years$3,825$3,274$2,792$2,373$2,010$1,292
16 years$3,549$3,004$2,531$2,124$1,777$1,102
17 years$3,305$2,766$2,303$1,909$1,575$942
18 years$3,089$2,556$2,103$1,720$1,401$807
19 years$2,896$2,369$1,925$1,554$1,249$693
20 years$2,722$2,202$1,767$1,408$1,115$596
21 years$2,565$2,051$1,625$1,278$998$513
22 years$2,423$1,914$1,498$1,162$895$442
23 years$2,293$1,790$1,383$1,058$803$381
24 years$2,174$1,677$1,279$965$722$329
25 years$2,065$1,574$1,184$881$649$285
26 years$1,964$1,479$1,098$806$585$246
27 years$1,871$1,392$1,020$737$527$213
28 years$1,785$1,312$948$676$476$184
29 years$1,705$1,238$882$620$430$160
30 years$1,630$1,169$822$569$388$138
31 years$1,561$1,105$766$522$351$120
32 years$1,496$1,046$715$480$318$104
33 years$1,434$990$668$441$287$90
34 years$1,377$938$624$406$260$78
35 years$1,323$890$583$374$236$68
36 years$1,272$845$546$344$214$59
37 years$1,224$802$511$317$194$51
38 years$1,179$763$478$292$175$44
39 years$1,136$725$448$270$159$38
40 years$1,095$690$420$249$144$33
41 years$1,056$657$394$229$131$29
42 years$1,020$625$369$212$119$25
43 years$985$596$347$195$108$22
44 years$952$568$325$180$98$19
45 years$920$542$305$167$89$16
46 years$890$517$287$154$81$14
47 years$861$493$270$142$73$12
48 years$834$471$253$131$67$11
49 years$807$450$238$121$60$9
50 years$782$429$224$112$55$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $801,000, adding $4,163 every year, while hoping to spend $26,440 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: 51/37/12 Blend
64$801,000$801,000$801,000$801,000
65$886,996$844,543$832,128$929,184
66$949,338$857,794$831,872$971,738
67$1,017,152$870,808$830,722$1,014,825
68$1,090,969$883,545$828,619$1,061,062
69$1,171,373$895,964$825,502$1,110,754
70$1,259,006$908,018$821,309$1,164,236
71$1,354,574$919,660$815,972$1,221,879
72$1,458,854$930,838$809,421$1,284,089
73$1,572,705$941,496$801,584$1,351,319
74$1,697,066$951,575$792,383$1,424,066
75$1,832,977$961,013$781,738$1,502,877
76$1,981,580$969,741$769,565$1,588,360
77$2,144,132$977,689$755,776$1,681,181
78$2,322,017$984,780$740,279$1,782,079
79$2,516,761$990,932$722,976$1,891,867
80$2,730,043$996,060$703,768$2,011,442
81$2,963,711$1,000,071$682,548$2,141,795
82$3,219,803$1,002,868$659,207$2,284,018
83$3,500,560$1,004,346$633,628$2,439,319
84$3,808,453$1,004,395$605,690$2,609,027
85$4,146,203$1,002,897$575,268$2,794,610
86$4,516,806$999,729$542,230$2,997,687
87$4,923,562$994,758$506,437$3,220,046
88$5,370,108$987,844$467,745$3,463,658
89$5,860,448$978,838$426,004$3,730,697
90$6,398,995$967,582$381,056$4,023,562
91$6,990,608$953,909$332,737$4,344,899
92$7,640,641$937,642$280,875$4,697,628
93$8,354,993$918,593$225,291$5,084,968
94$9,140,162$896,563$165,797$5,510,472
95$10,003,306$871,342$102,199$5,978,056
96$10,952,313$842,707$34,292$6,492,042
97$11,995,871$810,422$0$7,057,196
98$13,143,554$774,238$0$7,683,662
99$14,405,911$733,889$0$8,377,352
100$15,794,562$689,098$0$9,140,293