Can I retire at age 65 with 805,000?

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 $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%14.6%
1 years$66,476$65,884$65,306$64,742$64,192$62,973
2 years$32,909$32,296$31,702$31,126$30,568$29,344
3 years$21,721$21,106$20,513$19,943$19,393$18,204
4 years$16,129$15,515$14,928$14,368$13,831$12,685
5 years$12,774$12,164$11,585$11,036$10,514$9,414
6 years$10,538$9,933$9,362$8,825$8,320$7,267
7 years$8,942$8,342$7,780$7,256$6,766$5,761
8 years$7,745$7,150$6,598$6,087$5,613$4,655
9 years$6,815$6,226$5,683$5,185$4,727$3,816
10 years$6,071$5,488$4,955$4,469$4,028$3,163
11 years$5,463$4,885$4,362$3,889$3,464$2,644
12 years$4,956$4,385$3,871$3,412$3,002$2,226
13 years$4,528$3,963$3,459$3,012$2,618$1,884
14 years$4,162$3,602$3,108$2,674$2,295$1,602
15 years$3,844$3,290$2,806$2,384$2,020$1,368
16 years$3,566$3,019$2,544$2,135$1,786$1,171
17 years$3,322$2,780$2,315$1,918$1,583$1,006
18 years$3,105$2,569$2,113$1,729$1,408$865
19 years$2,910$2,381$1,934$1,562$1,255$746
20 years$2,736$2,213$1,775$1,415$1,121$645
21 years$2,578$2,061$1,633$1,284$1,003$557
22 years$2,435$1,924$1,505$1,167$899$483
23 years$2,305$1,799$1,390$1,063$807$418
24 years$2,185$1,686$1,285$970$725$363
25 years$2,075$1,582$1,190$886$653$315
26 years$1,974$1,487$1,104$810$588$274
27 years$1,881$1,399$1,025$741$530$238
28 years$1,794$1,319$953$679$478$207
29 years$1,714$1,244$887$623$432$180
30 years$1,639$1,175$826$572$390$157
31 years$1,569$1,110$770$525$353$137
32 years$1,503$1,051$719$482$319$119
33 years$1,442$995$671$444$289$104
34 years$1,384$943$627$408$261$90
35 years$1,330$895$586$376$237$79
36 years$1,279$849$548$346$215$69
37 years$1,230$806$513$319$194$60
38 years$1,185$766$481$294$176$52
39 years$1,141$729$450$271$160$45
40 years$1,101$693$422$250$145$40
41 years$1,062$660$396$231$132$35
42 years$1,025$629$371$213$119$30
43 years$990$599$348$196$108$26
44 years$956$571$327$181$98$23
45 years$925$544$307$168$89$20
46 years$894$519$288$155$81$17
47 years$865$496$271$143$74$15
48 years$838$473$255$132$67$13
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 $2,812 every year, while hoping to spend $44,523 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: 64/22/14 Blend
64$805,000$805,000$805,000$805,000
65$890,011$847,346$834,868$943,820
66$933,420$841,493$815,464$974,337
67$979,764$833,862$793,918$1,002,264
68$1,029,296$824,318$770,110$1,031,676
69$1,082,293$812,718$743,918$1,062,715
70$1,139,058$798,912$715,210$1,095,542
71$1,199,924$782,741$683,851$1,130,337
72$1,265,255$764,034$649,699$1,167,296
73$1,335,453$742,614$612,606$1,206,639
74$1,410,957$718,289$572,416$1,248,612
75$1,492,250$690,861$528,967$1,293,484
76$1,579,862$660,116$482,090$1,341,556
77$1,674,375$625,829$431,608$1,393,162
78$1,776,430$587,763$377,336$1,448,672
79$1,886,730$545,668$319,080$1,508,495
80$2,006,047$499,276$256,640$1,573,086
81$2,135,231$448,307$189,804$1,642,950
82$2,275,215$392,465$118,354$1,718,645
83$2,427,027$331,436$42,059$1,800,789
84$2,591,796$264,888$0$1,890,068
85$2,770,763$192,471$0$1,993,122
86$2,965,294$113,816$0$2,111,997
87$3,176,894$28,533$0$2,241,375
88$3,407,214$0$0$2,382,325
89$3,658,074$0$0$2,551,475
90$3,931,477$0$0$2,743,403
91$4,229,626$0$0$2,952,756
92$4,554,946$0$0$3,181,242
93$4,910,107$0$0$3,430,745
94$5,298,046$0$0$3,703,335
95$5,721,999$0$0$4,001,292
96$6,185,528$0$0$4,327,128
97$6,692,552$0$0$4,683,608
98$7,247,390$0$0$5,073,774
99$7,854,796$0$0$5,500,978
100$8,520,005$0$0$5,968,913