Can I retire at age 65 with 819,000?

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 $819,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$67,632$67,030$66,442$65,868$65,308$63,549
2 years$33,481$32,858$32,253$31,667$31,099$29,339
3 years$22,099$21,473$20,870$20,290$19,731$18,025
4 years$16,409$15,785$15,188$14,618$14,072$12,434
5 years$12,996$12,376$11,787$11,228$10,697$9,132
6 years$10,721$10,106$9,525$8,979$8,464$6,972
7 years$9,097$8,487$7,916$7,382$6,884$5,465
8 years$7,880$7,275$6,713$6,193$5,711$4,365
9 years$6,933$6,334$5,782$5,275$4,809$3,536
10 years$6,177$5,583$5,041$4,547$4,098$2,894
11 years$5,558$4,970$4,438$3,957$3,524$2,389
12 years$5,043$4,461$3,938$3,471$3,054$1,985
13 years$4,607$4,031$3,519$3,064$2,663$1,658
14 years$4,234$3,664$3,162$2,720$2,335$1,391
15 years$3,911$3,348$2,855$2,426$2,055$1,171
16 years$3,628$3,071$2,588$2,172$1,817$988
17 years$3,380$2,829$2,355$1,952$1,611$837
18 years$3,159$2,614$2,150$1,759$1,432$709
19 years$2,961$2,422$1,968$1,589$1,277$603
20 years$2,784$2,251$1,806$1,439$1,140$513
21 years$2,623$2,097$1,661$1,306$1,020$437
22 years$2,477$1,957$1,531$1,188$915$372
23 years$2,345$1,831$1,414$1,082$821$318
24 years$2,223$1,715$1,308$987$738$271
25 years$2,112$1,610$1,211$901$664$232
26 years$2,009$1,513$1,123$824$598$198
27 years$1,914$1,424$1,043$754$539$170
28 years$1,825$1,341$970$691$487$145
29 years$1,743$1,266$902$634$439$124
30 years$1,667$1,195$840$581$397$106
31 years$1,596$1,130$783$534$359$91
32 years$1,529$1,069$731$491$325$78
33 years$1,467$1,012$683$451$294$67
34 years$1,408$960$638$415$266$57
35 years$1,353$910$596$382$241$49
36 years$1,301$864$558$352$218$42
37 years$1,252$820$522$324$198$36
38 years$1,205$780$489$299$179$31
39 years$1,161$741$458$276$163$26
40 years$1,120$705$429$254$148$23
41 years$1,080$671$403$235$134$19
42 years$1,043$639$378$216$121$17
43 years$1,007$609$354$200$110$14
44 years$973$581$333$185$100$12
45 years$941$554$312$170$91$11
46 years$910$528$293$157$82$9
47 years$880$504$276$145$75$8
48 years$852$481$259$134$68$7
49 years$825$460$243$124$62$6
50 years$800$439$229$115$56$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $819,000, adding $5,489 every year, while hoping to spend $44,006 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: 48/32/20 Blend
64$819,000$819,000$819,000$819,000
65$908,200$864,793$852,098$946,420
66$954,014$860,346$833,822$969,127
67$1,003,027$854,206$813,458$988,888
68$1,055,517$846,244$790,890$1,009,424
69$1,111,792$836,322$765,998$1,030,828
70$1,172,189$824,295$738,652$1,053,201
71$1,237,076$810,010$708,721$1,076,661
72$1,306,860$793,302$676,065$1,101,338
73$1,381,985$773,999$640,538$1,127,380
74$1,462,940$751,918$601,989$1,154,952
75$1,550,262$726,864$560,258$1,184,241
76$1,644,541$698,633$515,179$1,215,456
77$1,746,426$667,008$466,579$1,248,831
78$1,856,629$631,758$414,277$1,284,628
79$1,975,932$592,641$358,082$1,323,141
80$2,105,197$549,400$297,798$1,364,699
81$2,245,370$501,764$233,217$1,409,668
82$2,397,492$449,445$164,124$1,458,458
83$2,562,708$392,139$90,294$1,511,526
84$2,742,277$329,527$11,492$1,569,383
85$2,937,585$261,269$0$1,632,598
86$3,150,155$187,008$0$1,717,296
87$3,381,665$106,366$0$1,812,314
88$3,633,960$18,943$0$1,916,039
89$3,909,071$0$0$2,029,404
90$4,209,234$0$0$2,180,090
91$4,536,909$0$0$2,351,954
92$4,894,804$0$0$2,539,757
93$5,285,900$0$0$2,745,076
94$5,713,482$0$0$2,969,644
95$6,181,161$0$0$3,215,372
96$6,692,919$0$0$3,484,364
97$7,253,136$0$0$3,778,935
98$7,866,637$0$0$4,101,636
99$8,538,737$0$0$4,455,275
100$9,275,287$0$0$4,842,947