Can I retire at age 65 with 804,000?

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 $804,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$66,394$65,802$65,225$64,662$64,112$62,335
2 years$32,868$32,256$31,663$31,088$30,530$28,752
3 years$21,694$21,080$20,488$19,918$19,369$17,647
4 years$16,109$15,496$14,910$14,350$13,814$12,161
5 years$12,758$12,149$11,571$11,022$10,501$8,922
6 years$10,525$9,920$9,351$8,814$8,309$6,805
7 years$8,931$8,331$7,771$7,247$6,758$5,328
8 years$7,736$7,141$6,590$6,079$5,606$4,251
9 years$6,806$6,218$5,676$5,178$4,721$3,438
10 years$6,063$5,481$4,949$4,464$4,023$2,811
11 years$5,456$4,879$4,357$3,885$3,460$2,317
12 years$4,950$4,379$3,866$3,407$2,998$1,923
13 years$4,523$3,958$3,454$3,008$2,614$1,604
14 years$4,156$3,597$3,104$2,670$2,292$1,344
15 years$3,839$3,286$2,802$2,381$2,018$1,129
16 years$3,562$3,015$2,541$2,132$1,783$952
17 years$3,318$2,777$2,312$1,916$1,581$805
18 years$3,101$2,566$2,110$1,727$1,406$681
19 years$2,907$2,378$1,932$1,560$1,253$578
20 years$2,733$2,210$1,773$1,413$1,119$491
21 years$2,575$2,058$1,631$1,282$1,002$418
22 years$2,432$1,921$1,503$1,166$898$355
23 years$2,302$1,797$1,388$1,062$806$303
24 years$2,182$1,684$1,284$969$724$258
25 years$2,073$1,580$1,189$884$652$220
26 years$1,972$1,485$1,103$809$587$188
27 years$1,878$1,398$1,024$740$529$161
28 years$1,792$1,317$952$678$478$137
29 years$1,712$1,242$886$622$431$117
30 years$1,637$1,173$825$571$390$100
31 years$1,567$1,109$769$524$352$86
32 years$1,501$1,049$718$482$319$73
33 years$1,440$994$670$443$288$63
34 years$1,382$942$626$408$261$54
35 years$1,328$893$585$375$237$46
36 years$1,277$848$548$346$214$39
37 years$1,229$805$513$318$194$34
38 years$1,183$765$480$293$176$29
39 years$1,140$728$450$271$160$25
40 years$1,099$692$421$250$145$21
41 years$1,060$659$395$230$131$18
42 years$1,024$628$371$213$119$15
43 years$989$598$348$196$108$13
44 years$955$570$327$181$98$11
45 years$924$544$307$167$89$10
46 years$893$519$288$155$81$8
47 years$864$495$271$143$74$7
48 years$837$473$254$132$67$6
49 years$810$451$239$122$61$5
50 years$785$431$225$113$55$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $804,000, adding $5,294 every year, while hoping to spend $32,482 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: 78/11/11 Blend
64$804,000$804,000$804,000$804,000
65$891,469$848,857$836,395$958,822
66$947,838$855,890$829,853$1,010,890
67$1,008,868$862,180$822,004$1,063,279
68$1,075,001$867,654$812,769$1,119,805
69$1,146,720$872,239$802,066$1,180,867
70$1,224,560$875,853$789,810$1,246,905
71$1,309,108$878,412$775,911$1,318,403
72$1,401,007$879,825$760,275$1,395,895
73$1,500,970$879,996$742,804$1,479,968
74$1,609,776$878,823$723,395$1,571,271
75$1,728,285$876,197$701,940$1,670,518
76$1,857,442$872,003$678,328$1,778,496
77$1,998,289$866,120$652,440$1,896,073
78$2,151,972$858,416$624,154$2,024,203
79$2,319,750$848,756$593,340$2,163,941
80$2,503,013$836,993$559,865$2,316,447
81$2,703,287$822,973$523,588$2,483,003
82$2,922,257$806,533$484,362$2,665,017
83$3,161,773$787,499$442,034$2,864,045
84$3,423,875$765,687$396,443$3,081,802
85$3,710,809$740,905$347,423$3,320,175
86$4,025,048$712,945$294,798$3,581,247
87$4,369,314$681,592$238,386$3,867,313
88$4,746,608$646,614$177,995$4,180,903
89$5,160,232$607,768$113,428$4,524,806
90$5,613,825$564,797$44,476$4,902,096
91$6,111,391$517,428$0$5,316,159
92$6,657,346$465,375$0$5,774,149
93$7,256,550$408,333$0$6,282,557
94$7,914,357$345,981$0$6,840,725
95$8,636,667$277,979$0$7,453,681
96$9,429,976$203,969$0$8,126,971
97$10,301,442$123,572$0$8,866,702
98$11,258,950$36,388$0$9,679,606
99$12,311,187$0$0$10,573,102
100$13,467,723$0$0$11,562,383