Can I retire at age 65 with 807,000?

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 $807,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$66,641$66,048$65,469$64,903$64,351$63,078
2 years$32,991$32,376$31,781$31,203$30,643$29,366
3 years$21,775$21,158$20,564$19,992$19,441$18,200
4 years$16,169$15,554$14,966$14,403$13,866$12,669
5 years$12,806$12,194$11,614$11,063$10,541$9,393
6 years$10,564$9,957$9,386$8,847$8,340$7,242
7 years$8,964$8,362$7,800$7,274$6,783$5,735
8 years$7,764$7,168$6,615$6,102$5,627$4,629
9 years$6,832$6,241$5,697$5,197$4,739$3,790
10 years$6,086$5,501$4,967$4,480$4,038$3,137
11 years$5,476$4,897$4,373$3,899$3,473$2,619
12 years$4,969$4,396$3,881$3,420$3,009$2,202
13 years$4,539$3,972$3,467$3,019$2,624$1,861
14 years$4,172$3,611$3,115$2,680$2,300$1,581
15 years$3,854$3,298$2,813$2,390$2,025$1,348
16 years$3,575$3,026$2,550$2,140$1,790$1,152
17 years$3,330$2,787$2,321$1,923$1,587$988
18 years$3,112$2,575$2,118$1,733$1,411$849
19 years$2,918$2,387$1,939$1,566$1,258$731
20 years$2,743$2,218$1,780$1,418$1,124$630
21 years$2,585$2,066$1,637$1,287$1,005$544
22 years$2,441$1,929$1,509$1,170$901$471
23 years$2,310$1,804$1,393$1,066$809$407
24 years$2,191$1,690$1,288$972$727$353
25 years$2,081$1,586$1,193$888$654$306
26 years$1,979$1,491$1,107$812$589$265
27 years$1,885$1,403$1,028$743$531$230
28 years$1,799$1,322$955$681$479$200
29 years$1,718$1,247$889$624$433$174
30 years$1,643$1,178$828$573$391$151
31 years$1,572$1,113$772$526$354$131
32 years$1,507$1,053$720$484$320$114
33 years$1,445$998$673$445$290$99
34 years$1,387$945$628$409$262$86
35 years$1,333$897$588$377$237$75
36 years$1,282$851$550$347$215$65
37 years$1,233$808$514$320$195$57
38 years$1,188$768$482$295$177$50
39 years$1,144$731$451$272$160$43
40 years$1,103$695$423$251$145$38
41 years$1,064$662$397$231$132$33
42 years$1,027$630$372$213$120$28
43 years$992$600$349$197$109$25
44 years$959$572$328$182$99$22
45 years$927$546$308$168$90$19
46 years$897$521$289$155$81$16
47 years$868$497$272$143$74$14
48 years$840$474$255$132$67$12
49 years$813$453$240$122$61$11
50 years$788$433$225$113$55$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $807,000, adding $3,224 every year, while hoping to spend $31,188 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: 85/8/7 Blend
64$807,000$807,000$807,000$807,000
65$892,640$849,869$837,360$967,726
66$950,505$858,328$832,228$1,025,661
67$1,013,227$866,157$825,878$1,084,708
68$1,081,269$873,292$818,238$1,148,589
69$1,155,139$879,664$809,230$1,217,770
70$1,235,397$885,200$798,772$1,292,762
71$1,322,657$889,825$786,781$1,374,129
72$1,417,598$893,456$773,167$1,462,493
73$1,520,963$896,006$757,839$1,558,537
74$1,633,573$897,381$740,698$1,663,015
75$1,756,329$897,485$721,643$1,776,756
76$1,890,224$896,212$700,568$1,900,673
77$2,036,352$893,451$677,362$2,035,772
78$2,195,914$889,084$651,908$2,183,163
79$2,370,235$882,987$624,085$2,344,066
80$2,560,773$875,027$593,765$2,519,826
81$2,769,131$865,063$560,816$2,711,926
82$2,997,078$852,946$525,098$2,921,998
83$3,246,559$838,519$486,468$3,151,840
84$3,519,715$821,614$444,772$3,403,435
85$3,818,907$802,054$399,852$3,678,967
86$4,146,732$779,651$351,544$3,980,840
87$4,506,051$754,207$299,673$4,311,708
88$4,900,016$725,510$244,060$4,674,490
89$5,332,097$693,340$184,516$5,072,405
90$5,806,118$657,461$120,844$5,509,001
91$6,326,288$617,622$52,838$5,988,186
92$6,897,246$573,562$0$6,514,267
93$7,524,100$525,002$0$7,093,464
94$8,212,479$471,648$0$7,733,840
95$8,968,581$413,188$0$8,437,227
96$9,799,236$349,294$0$9,209,992
97$10,711,968$279,619$0$10,059,156
98$11,715,064$203,796$0$10,992,449
99$12,817,656$121,437$0$12,018,394
100$14,029,804$32,135$0$13,146,378