Can I retire at age 65 with 809,000?

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 $809,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$66,806$66,211$65,631$65,064$64,511$64,239
2 years$33,073$32,457$31,860$31,281$30,719$30,445
3 years$21,829$21,211$20,615$20,042$19,490$19,221
4 years$16,209$15,592$15,003$14,439$13,900$13,640
5 years$12,837$12,224$11,643$11,091$10,567$10,315
6 years$10,591$9,982$9,409$8,869$8,361$8,118
7 years$8,986$8,383$7,819$7,292$6,800$6,566
8 years$7,784$7,186$6,631$6,117$5,641$5,417
9 years$6,849$6,257$5,711$5,210$4,751$4,535
10 years$6,101$5,515$4,979$4,491$4,048$3,842
11 years$5,490$4,910$4,384$3,909$3,481$3,284
12 years$4,981$4,407$3,890$3,429$3,017$2,828
13 years$4,551$3,982$3,476$3,027$2,631$2,451
14 years$4,182$3,620$3,123$2,687$2,306$2,135
15 years$3,863$3,307$2,820$2,396$2,030$1,867
16 years$3,584$3,034$2,556$2,146$1,794$1,639
17 years$3,338$2,794$2,326$1,928$1,591$1,444
18 years$3,120$2,582$2,124$1,737$1,415$1,275
19 years$2,925$2,393$1,944$1,570$1,261$1,128
20 years$2,750$2,223$1,784$1,422$1,126$1,001
21 years$2,591$2,071$1,641$1,290$1,008$889
22 years$2,447$1,933$1,512$1,173$903$791
23 years$2,316$1,808$1,397$1,068$811$705
24 years$2,196$1,694$1,292$975$729$629
25 years$2,086$1,590$1,196$890$656$561
26 years$1,984$1,494$1,109$814$591$502
27 years$1,890$1,406$1,030$745$533$449
28 years$1,803$1,325$958$682$481$402
29 years$1,722$1,250$891$626$434$360
30 years$1,647$1,181$830$574$392$323
31 years$1,576$1,116$774$527$355$289
32 years$1,511$1,056$722$485$321$260
33 years$1,449$1,000$674$446$290$233
34 years$1,391$948$630$410$263$209
35 years$1,336$899$589$378$238$188
36 years$1,285$853$551$348$216$169
37 years$1,236$810$516$320$195$152
38 years$1,191$770$483$295$177$137
39 years$1,147$732$452$272$161$123
40 years$1,106$697$424$251$146$110
41 years$1,067$663$398$232$132$99
42 years$1,030$632$373$214$120$89
43 years$995$602$350$197$109$80
44 years$961$574$329$182$99$72
45 years$929$547$308$168$90$65
46 years$899$522$290$155$81$59
47 years$870$498$272$144$74$53
48 years$842$475$256$133$67$47
49 years$815$454$240$123$61$43
50 years$790$434$226$113$55$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $809,000, adding $6,212 every year, while hoping to spend $59,859 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: 78/14/8 Blend
64$809,000$809,000$809,000$809,000
65$897,926$855,049$842,509$966,481
66$925,825$833,257$807,044$990,575
67$954,563$808,390$768,384$1,008,608
68$984,163$780,236$726,360$1,026,626
69$1,014,648$748,568$680,793$1,044,602
70$1,046,041$713,146$631,498$1,062,504
71$1,078,364$673,718$578,280$1,080,300
72$1,111,642$630,014$520,937$1,097,953
73$1,145,897$581,753$459,257$1,115,425
74$1,181,154$528,634$393,017$1,132,675
75$1,217,435$470,341$321,987$1,149,657
76$1,254,766$406,540$245,926$1,166,322
77$1,293,168$336,877$164,580$1,182,619
78$1,332,666$260,978$77,688$1,198,490
79$1,373,281$178,449$0$1,213,875
80$1,415,037$88,875$0$1,229,992
81$1,457,955$0$0$1,252,648
82$1,502,055$0$0$1,276,415
83$1,547,359$0$0$1,314,894
84$1,593,885$0$0$1,354,408
85$1,641,650$0$0$1,394,973
86$1,690,671$0$0$1,436,601
87$1,740,962$0$0$1,479,305
88$1,792,534$0$0$1,523,094
89$1,845,397$0$0$1,567,976
90$1,899,558$0$0$1,613,955
91$1,955,020$0$0$1,661,036
92$2,011,784$0$0$1,709,215
93$2,069,844$0$0$1,758,490
94$2,129,190$0$0$1,808,851
95$2,189,810$0$0$1,860,286
96$2,251,681$0$0$1,912,775
97$2,314,775$0$0$1,966,294
98$2,379,059$0$0$2,020,813
99$2,444,486$0$0$2,076,292
100$2,511,005$0$0$2,132,684