Can I retire at age 65 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$68,210$67,603$67,010$66,431$65,866$64,066
2 years$33,767$33,139$32,529$31,938$31,365$29,565
3 years$22,288$21,656$21,048$20,463$19,899$18,155
4 years$16,549$15,920$15,318$14,743$14,192$12,517
5 years$13,107$12,481$11,887$11,324$10,789$9,188
6 years$10,813$10,192$9,607$9,056$8,537$7,011
7 years$9,175$8,559$7,983$7,445$6,943$5,493
8 years$7,947$7,337$6,770$6,246$5,760$4,385
9 years$6,993$6,388$5,831$5,320$4,850$3,549
10 years$6,229$5,631$5,084$4,586$4,133$2,903
11 years$5,605$5,013$4,476$3,991$3,554$2,395
12 years$5,086$4,499$3,972$3,501$3,080$1,989
13 years$4,646$4,066$3,549$3,091$2,686$1,660
14 years$4,270$3,696$3,189$2,743$2,354$1,391
15 years$3,944$3,376$2,879$2,447$2,073$1,171
16 years$3,659$3,098$2,610$2,191$1,832$988
17 years$3,408$2,853$2,375$1,968$1,625$835
18 years$3,186$2,636$2,168$1,774$1,444$708
19 years$2,986$2,443$1,985$1,603$1,287$601
20 years$2,807$2,270$1,822$1,452$1,150$511
21 years$2,646$2,115$1,676$1,317$1,029$435
22 years$2,499$1,974$1,544$1,198$922$370
23 years$2,365$1,846$1,426$1,091$828$316
24 years$2,242$1,730$1,319$995$744$269
25 years$2,130$1,623$1,221$909$670$230
26 years$2,026$1,526$1,133$831$603$197
27 years$1,930$1,436$1,052$761$544$168
28 years$1,841$1,353$978$697$491$144
29 years$1,758$1,276$910$639$443$123
30 years$1,681$1,205$848$586$400$105
31 years$1,610$1,139$790$539$362$90
32 years$1,542$1,078$737$495$327$77
33 years$1,479$1,021$688$455$296$66
34 years$1,420$968$643$419$268$56
35 years$1,364$918$601$386$243$48
36 years$1,312$871$563$355$220$41
37 years$1,262$827$527$327$200$35
38 years$1,216$786$493$302$181$30
39 years$1,171$748$462$278$164$26
40 years$1,129$711$433$256$149$22
41 years$1,089$677$406$237$135$19
42 years$1,052$645$381$218$123$16
43 years$1,016$615$357$202$111$14
44 years$981$586$335$186$101$12
45 years$949$559$315$172$92$10
46 years$918$533$296$159$83$9
47 years$888$508$278$147$76$8
48 years$860$485$261$136$69$6
49 years$832$464$245$125$62$6
50 years$806$443$231$116$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $826,000, adding $5,122 every year, while hoping to spend $34,367 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: 63/18/19 Blend
64$826,000$826,000$826,000$826,000
65$915,535$871,757$858,954$968,474
66$972,354$877,907$851,163$1,010,876
67$1,033,816$883,207$841,959$1,052,832
68$1,100,359$887,578$831,258$1,097,848
69$1,172,464$890,937$818,974$1,146,227
70$1,250,659$893,197$805,014$1,198,301
71$1,335,526$894,264$789,282$1,254,437
72$1,427,705$894,038$771,678$1,315,041
73$1,527,899$892,414$752,097$1,380,559
74$1,636,881$889,279$730,429$1,451,488
75$1,755,503$884,514$706,558$1,528,373
76$1,884,702$877,992$680,366$1,611,817
77$2,025,509$869,581$651,725$1,702,486
78$2,179,058$859,137$620,505$1,801,115
79$2,346,598$846,511$586,567$1,908,516
80$2,529,502$831,542$549,769$2,025,584
81$2,729,286$814,061$509,960$2,153,309
82$2,947,612$793,890$466,984$2,292,782
83$3,186,317$770,838$420,675$2,445,209
84$3,447,417$744,705$370,864$2,611,921
85$3,733,137$715,279$317,371$2,794,384
86$4,045,924$682,335$260,010$2,994,220
87$4,388,473$645,634$198,586$3,213,217
88$4,763,753$604,926$132,894$3,453,349
89$5,175,033$559,945$62,723$3,716,792
90$5,625,913$510,409$0$4,005,951
91$6,120,358$456,020$0$4,325,942
92$6,662,735$396,466$0$4,690,955
93$7,257,855$331,414$0$5,091,539
94$7,911,016$260,513$0$5,531,304
95$8,628,054$183,393$0$6,014,232
96$9,415,399$99,663$0$6,544,713
97$10,280,133$8,909$0$7,127,586
98$11,230,057$0$0$7,768,183
99$12,273,766$0$0$8,490,073
100$13,420,727$0$0$9,285,383