Can I retire at age 65 with 805,000?

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 $805,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$66,476$65,884$65,306$64,742$64,192$62,999
2 years$32,909$32,296$31,702$31,126$30,568$29,370
3 years$21,721$21,106$20,513$19,943$19,393$18,229
4 years$16,129$15,515$14,928$14,368$13,831$12,709
5 years$12,774$12,164$11,585$11,036$10,514$9,437
6 years$10,538$9,933$9,362$8,825$8,320$7,288
7 years$8,942$8,342$7,780$7,256$6,766$5,781
8 years$7,745$7,150$6,598$6,087$5,613$4,674
9 years$6,815$6,226$5,683$5,185$4,727$3,834
10 years$6,071$5,488$4,955$4,469$4,028$3,179
11 years$5,463$4,885$4,362$3,889$3,464$2,660
12 years$4,956$4,385$3,871$3,412$3,002$2,240
13 years$4,528$3,963$3,459$3,012$2,618$1,898
14 years$4,162$3,602$3,108$2,674$2,295$1,615
15 years$3,844$3,290$2,806$2,384$2,020$1,379
16 years$3,566$3,019$2,544$2,135$1,786$1,182
17 years$3,322$2,780$2,315$1,918$1,583$1,016
18 years$3,105$2,569$2,113$1,729$1,408$875
19 years$2,910$2,381$1,934$1,562$1,255$755
20 years$2,736$2,213$1,775$1,415$1,121$652
21 years$2,578$2,061$1,633$1,284$1,003$565
22 years$2,435$1,924$1,505$1,167$899$489
23 years$2,305$1,799$1,390$1,063$807$425
24 years$2,185$1,686$1,285$970$725$369
25 years$2,075$1,582$1,190$886$653$320
26 years$1,974$1,487$1,104$810$588$278
27 years$1,881$1,399$1,025$741$530$242
28 years$1,794$1,319$953$679$478$211
29 years$1,714$1,244$887$623$432$184
30 years$1,639$1,175$826$572$390$160
31 years$1,569$1,110$770$525$353$139
32 years$1,503$1,051$719$482$319$122
33 years$1,442$995$671$444$289$106
34 years$1,384$943$627$408$261$92
35 years$1,330$895$586$376$237$81
36 years$1,279$849$548$346$215$70
37 years$1,230$806$513$319$194$61
38 years$1,185$766$481$294$176$54
39 years$1,141$729$450$271$160$47
40 years$1,101$693$422$250$145$41
41 years$1,062$660$396$231$132$36
42 years$1,025$629$371$213$119$31
43 years$990$599$348$196$108$27
44 years$956$571$327$181$98$24
45 years$925$544$307$168$89$21
46 years$894$519$288$155$81$18
47 years$865$496$271$143$74$16
48 years$838$473$255$132$67$14
49 years$811$452$239$122$61$12
50 years$786$432$225$113$55$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $805,000, adding $3,114 every year, while hoping to spend $52,136 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: 31/44/25 Blend
64$805,000$805,000$805,000$805,000
65$890,322$847,657$835,180$910,988
66$925,663$833,720$807,686$913,137
67$962,861$817,353$777,524$910,605
68$1,002,050$798,381$744,549$906,827
69$1,043,378$776,620$708,610$901,730
70$1,087,004$751,875$669,549$895,238
71$1,133,101$723,940$627,202$887,272
72$1,181,859$692,596$581,395$877,752
73$1,233,486$657,610$531,949$866,595
74$1,288,209$618,740$478,676$853,717
75$1,346,273$575,725$421,379$839,033
76$1,407,950$528,292$359,852$822,455
77$1,473,535$476,153$293,882$803,897
78$1,543,352$419,001$223,243$783,269
79$1,617,755$356,513$147,703$760,483
80$1,697,132$288,349$67,017$735,451
81$1,781,908$214,146$0$708,087
82$1,872,549$133,526$0$683,398
83$1,969,566$46,085$0$675,616
84$2,073,517$0$0$666,842
85$2,185,018$0$0$680,609
86$2,304,741$0$0$719,435
87$2,433,428$0$0$761,258
88$2,571,889$0$0$806,352
89$2,721,016$0$0$855,021
90$2,881,788$0$0$907,596
91$3,055,280$0$0$964,443
92$3,242,674$0$0$1,025,962
93$3,445,269$0$0$1,092,596
94$3,664,492$0$0$1,164,829
95$3,901,911$0$0$1,243,195
96$4,159,251$0$0$1,328,279
97$4,438,410$0$0$1,420,729
98$4,741,473$0$0$1,521,252
99$5,070,734$0$0$1,630,630
100$5,428,717$0$0$1,749,723