Can I retire at age 65 with 811,000?

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 $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%11.2%
1 years$66,972$66,375$65,793$65,225$64,670$64,344
2 years$33,154$32,537$31,938$31,358$30,795$30,466
3 years$21,883$21,263$20,666$20,091$19,538$19,215
4 years$16,249$15,631$15,040$14,475$13,935$13,622
5 years$12,869$12,255$11,671$11,118$10,593$10,291
6 years$10,617$10,007$9,432$8,891$8,382$8,091
7 years$9,008$8,404$7,838$7,310$6,817$6,537
8 years$7,803$7,204$6,647$6,132$5,655$5,386
9 years$6,866$6,272$5,725$5,223$4,762$4,505
10 years$6,116$5,528$4,992$4,502$4,058$3,811
11 years$5,504$4,922$4,395$3,918$3,490$3,254
12 years$4,993$4,417$3,900$3,437$3,024$2,799
13 years$4,562$3,992$3,484$3,034$2,637$2,422
14 years$4,193$3,629$3,131$2,694$2,312$2,107
15 years$3,873$3,315$2,827$2,402$2,035$1,840
16 years$3,593$3,041$2,563$2,151$1,799$1,614
17 years$3,347$2,801$2,332$1,933$1,595$1,419
18 years$3,128$2,588$2,129$1,742$1,418$1,251
19 years$2,932$2,399$1,949$1,574$1,264$1,106
20 years$2,756$2,229$1,789$1,425$1,129$979
21 years$2,597$2,076$1,645$1,294$1,010$869
22 years$2,453$1,938$1,516$1,176$906$772
23 years$2,322$1,813$1,400$1,071$813$687
24 years$2,201$1,698$1,295$977$731$612
25 years$2,091$1,594$1,199$892$658$545
26 years$1,989$1,498$1,112$816$592$487
27 years$1,895$1,410$1,033$747$534$435
28 years$1,808$1,328$960$684$482$389
29 years$1,726$1,253$893$627$435$348
30 years$1,651$1,183$832$576$393$311
31 years$1,580$1,119$776$529$355$279
32 years$1,514$1,059$724$486$322$250
33 years$1,452$1,003$676$447$291$224
34 years$1,394$950$632$411$263$200
35 years$1,340$901$590$379$239$180
36 years$1,288$855$552$349$216$161
37 years$1,239$812$517$321$196$145
38 years$1,193$772$484$296$178$130
39 years$1,150$734$454$273$161$117
40 years$1,109$698$425$252$146$105
41 years$1,070$665$399$232$133$94
42 years$1,033$633$374$214$120$84
43 years$997$603$351$198$109$76
44 years$964$575$329$183$99$68
45 years$932$548$309$169$90$61
46 years$901$523$290$156$82$55
47 years$872$499$273$144$74$49
48 years$844$477$256$133$67$44
49 years$817$455$241$123$61$40
50 years$792$435$227$114$56$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $811,000, adding $3,182 every year, while hoping to spend $49,434 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: 52/42/6 Blend
64$811,000$811,000$811,000$811,000
65$897,004$854,021$841,451$942,214
66$935,901$843,271$817,042$962,480
67$977,109$830,337$790,159$978,853
68$1,020,811$815,060$760,666$995,466
69$1,067,208$797,272$728,422$1,012,350
70$1,116,518$776,794$693,280$1,029,543
71$1,168,983$753,437$655,084$1,047,090
72$1,224,865$727,000$613,675$1,065,044
73$1,284,450$697,273$568,883$1,083,465
74$1,348,055$664,030$520,531$1,102,424
75$1,416,024$627,035$468,437$1,122,004
76$1,488,736$586,037$412,406$1,142,299
77$1,566,605$540,771$352,240$1,163,418
78$1,650,087$490,957$287,728$1,185,485
79$1,739,679$436,297$218,650$1,208,642
80$1,835,931$376,480$144,779$1,233,050
81$1,939,442$311,174$65,876$1,258,894
82$2,050,874$240,030$0$1,286,384
83$2,170,950$162,679$0$1,316,928
84$2,300,466$78,730$0$1,354,198
85$2,440,298$0$0$1,394,293
86$2,591,407$0$0$1,443,222
87$2,754,847$0$0$1,535,565
88$2,931,781$0$0$1,635,598
89$3,123,484$0$0$1,744,052
90$3,331,359$0$0$1,861,729
91$3,556,950$0$0$1,989,513
92$3,801,954$0$0$2,128,373
93$4,068,237$0$0$2,279,380
94$4,357,853$0$0$2,443,708
95$4,673,062$0$0$2,622,649
96$5,016,350$0$0$2,817,628
97$5,390,452$0$0$3,030,209
98$5,798,379$0$0$3,262,118
99$6,243,445$0$0$3,515,250
100$6,729,296$0$0$3,791,694