Can I retire at age 65 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$68,128$67,521$66,929$66,351$65,787$64,511
2 years$33,727$33,098$32,490$31,899$31,327$30,047
3 years$22,261$21,630$21,023$20,438$19,875$18,631
4 years$16,529$15,900$15,299$14,725$14,175$12,976
5 years$13,091$12,466$11,873$11,310$10,776$9,625
6 years$10,800$10,180$9,595$9,045$8,526$7,426
7 years$9,164$8,549$7,974$7,436$6,934$5,883
8 years$7,938$7,328$6,762$6,238$5,753$4,752
9 years$6,984$6,380$5,824$5,313$4,845$3,893
10 years$6,222$5,624$5,078$4,580$4,128$3,224
11 years$5,599$5,007$4,470$3,986$3,550$2,694
12 years$5,080$4,494$3,967$3,496$3,076$2,266
13 years$4,641$4,061$3,545$3,087$2,683$1,917
14 years$4,265$3,691$3,185$2,740$2,352$1,629
15 years$3,940$3,372$2,875$2,444$2,071$1,390
16 years$3,655$3,094$2,607$2,188$1,830$1,189
17 years$3,404$2,849$2,372$1,966$1,623$1,020
18 years$3,182$2,633$2,166$1,772$1,443$877
19 years$2,983$2,440$1,982$1,601$1,286$756
20 years$2,804$2,267$1,819$1,450$1,149$653
21 years$2,642$2,112$1,674$1,316$1,028$564
22 years$2,496$1,972$1,542$1,196$921$488
23 years$2,362$1,844$1,424$1,090$827$423
24 years$2,239$1,728$1,317$994$743$366
25 years$2,127$1,621$1,220$908$669$318
26 years$2,023$1,524$1,131$830$603$276
27 years$1,928$1,434$1,051$760$543$240
28 years$1,839$1,351$977$696$490$208
29 years$1,756$1,275$909$638$443$181
30 years$1,679$1,204$847$586$400$157
31 years$1,608$1,138$789$538$362$137
32 years$1,540$1,077$736$494$327$119
33 years$1,477$1,020$688$455$296$104
34 years$1,418$967$642$418$268$90
35 years$1,363$917$601$385$243$79
36 years$1,310$870$562$355$220$69
37 years$1,261$826$526$327$199$60
38 years$1,214$785$492$301$181$52
39 years$1,170$747$461$278$164$45
40 years$1,128$711$432$256$149$39
41 years$1,088$676$406$236$135$34
42 years$1,050$644$380$218$122$30
43 years$1,014$614$357$201$111$26
44 years$980$585$335$186$101$23
45 years$948$558$315$172$92$20
46 years$917$532$295$159$83$17
47 years$887$508$278$147$75$15
48 years$859$485$261$135$69$13
49 years$831$463$245$125$62$11
50 years$805$442$231$116$57$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $825,000, adding $2,391 every year, while hoping to spend $29,226 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: 79/8/13 Blend
64$825,000$825,000$825,000$825,000
65$911,616$867,891$855,104$981,137
66$973,505$879,322$852,654$1,038,628
67$1,040,727$890,333$849,142$1,097,689
68$1,113,795$900,873$844,502$1,161,652
69$1,193,273$910,887$838,664$1,230,993
70$1,279,784$920,317$831,556$1,306,239
71$1,374,009$929,101$823,101$1,387,969
72$1,476,702$937,170$813,219$1,476,823
73$1,588,690$944,456$801,825$1,573,503
74$1,710,883$950,881$788,833$1,678,783
75$1,844,285$956,366$774,151$1,793,519
76$1,989,998$960,824$757,682$1,918,651
77$2,149,239$964,166$739,325$2,055,216
78$2,323,345$966,293$718,975$2,204,356
79$2,513,788$967,103$696,523$2,367,329
80$2,722,190$966,487$671,853$2,545,524
81$2,950,338$964,329$644,844$2,740,469
82$3,200,196$960,505$615,370$2,953,849
83$3,473,932$954,885$583,300$3,187,520
84$3,773,928$947,330$548,497$3,443,529
85$4,102,813$937,694$510,815$3,724,129
86$4,463,478$925,819$470,105$4,031,808
87$4,859,109$911,540$426,211$4,369,303
88$5,293,216$894,684$378,967$4,739,633
89$5,769,664$875,063$328,202$5,146,124
90$6,292,711$852,482$273,738$5,592,443
91$6,867,047$826,733$215,387$6,082,631
92$7,497,838$797,595$152,955$6,621,140
93$8,190,775$764,835$86,237$7,212,880
94$8,952,130$728,208$15,021$7,863,259
95$9,788,808$687,451$0$8,578,239
96$10,708,419$642,289$0$9,372,849
97$11,719,347$592,430$0$10,248,646
98$12,830,828$537,567$0$11,211,558
99$14,053,038$477,373$0$12,270,417
100$15,397,186$411,503$0$13,434,954