Can I retire at age 65 with 811,000?

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 $811,000?

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%
1 years$66,972$66,375$65,793$65,225$64,670$64,371
2 years$33,154$32,537$31,938$31,358$30,795$30,493
3 years$21,883$21,263$20,666$20,091$19,538$19,242
4 years$16,249$15,631$15,040$14,475$13,935$13,648
5 years$12,869$12,255$11,671$11,118$10,593$10,315
6 years$10,617$10,007$9,432$8,891$8,382$8,114
7 years$9,008$8,404$7,838$7,310$6,817$6,559
8 years$7,803$7,204$6,647$6,132$5,655$5,408
9 years$6,866$6,272$5,725$5,223$4,762$4,526
10 years$6,116$5,528$4,992$4,502$4,058$3,831
11 years$5,504$4,922$4,395$3,918$3,490$3,273
12 years$4,993$4,417$3,900$3,437$3,024$2,817
13 years$4,562$3,992$3,484$3,034$2,637$2,439
14 years$4,193$3,629$3,131$2,694$2,312$2,123
15 years$3,873$3,315$2,827$2,402$2,035$1,856
16 years$3,593$3,041$2,563$2,151$1,799$1,628
17 years$3,347$2,801$2,332$1,933$1,595$1,433
18 years$3,128$2,588$2,129$1,742$1,418$1,265
19 years$2,932$2,399$1,949$1,574$1,264$1,118
20 years$2,756$2,229$1,789$1,425$1,129$991
21 years$2,597$2,076$1,645$1,294$1,010$880
22 years$2,453$1,938$1,516$1,176$906$782
23 years$2,322$1,813$1,400$1,071$813$697
24 years$2,201$1,698$1,295$977$731$621
25 years$2,091$1,594$1,199$892$658$554
26 years$1,989$1,498$1,112$816$592$495
27 years$1,895$1,410$1,033$747$534$442
28 years$1,808$1,328$960$684$482$396
29 years$1,726$1,253$893$627$435$354
30 years$1,651$1,183$832$576$393$317
31 years$1,580$1,119$776$529$355$284
32 years$1,514$1,059$724$486$322$255
33 years$1,452$1,003$676$447$291$229
34 years$1,394$950$632$411$263$205
35 years$1,340$901$590$379$239$184
36 years$1,288$855$552$349$216$165
37 years$1,239$812$517$321$196$148
38 years$1,193$772$484$296$178$133
39 years$1,150$734$454$273$161$120
40 years$1,109$698$425$252$146$108
41 years$1,070$665$399$232$133$97
42 years$1,033$633$374$214$120$87
43 years$997$603$351$198$109$78
44 years$964$575$329$183$99$70
45 years$932$548$309$169$90$63
46 years$901$523$290$156$82$57
47 years$872$499$273$144$74$51
48 years$844$477$256$133$67$46
49 years$817$455$241$123$61$41
50 years$792$435$227$114$56$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $811,000, adding $3,807 every year, while hoping to spend $20,621 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: 79/10/11 Blend
64$811,000$811,000$811,000$811,000
65$897,649$854,666$842,095$966,513
66$967,269$874,604$848,365$1,032,233
67$1,043,298$894,828$854,154$1,101,264
68$1,126,370$915,330$859,423$1,176,398
69$1,217,180$936,101$864,134$1,258,236
70$1,316,494$957,131$868,244$1,347,437
71$1,425,155$978,410$871,709$1,444,731
72$1,544,093$999,924$874,483$1,550,921
73$1,674,330$1,021,660$876,518$1,666,888
74$1,816,993$1,043,602$877,762$1,793,607
75$1,973,321$1,065,734$878,162$1,932,149
76$2,144,681$1,088,036$877,662$2,083,696
77$2,332,578$1,110,489$876,203$2,249,548
78$2,538,667$1,133,070$873,723$2,431,140
79$2,764,776$1,155,754$870,157$2,630,048
80$3,012,912$1,178,516$865,437$2,848,015
81$3,285,292$1,201,326$859,492$3,086,956
82$3,584,355$1,224,154$852,247$3,348,982
83$3,912,786$1,246,965$843,625$3,636,422
84$4,273,547$1,269,722$833,542$3,951,838
85$4,669,897$1,292,387$821,914$4,298,056
86$5,105,429$1,314,916$808,651$4,678,188
87$5,584,100$1,337,265$793,658$5,095,664
88$6,110,270$1,359,383$776,838$5,554,263
89$6,688,742$1,381,217$758,086$6,058,150
90$7,324,808$1,402,711$737,296$6,611,913
91$8,024,297$1,423,803$714,355$7,220,609
92$8,793,634$1,444,427$689,144$7,889,810
93$9,639,895$1,464,515$661,541$8,625,655
94$10,570,879$1,483,990$631,417$9,434,911
95$11,595,175$1,502,772$598,636$10,325,033
96$12,722,251$1,520,776$563,058$11,304,238
97$13,962,536$1,537,910$524,536$12,381,580
98$15,327,523$1,554,075$482,916$13,567,035
99$16,829,873$1,569,168$438,037$14,871,599
100$18,483,540$1,583,078$389,731$16,307,388