Can I retire at age 65 with 826,000?

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 $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%14.4%
1 years$68,210$67,603$67,010$66,431$65,866$64,669
2 years$33,767$33,139$32,529$31,938$31,365$30,163
3 years$22,288$21,656$21,048$20,463$19,899$18,730
4 years$16,549$15,920$15,318$14,743$14,192$13,065
5 years$13,107$12,481$11,887$11,324$10,789$9,706
6 years$10,813$10,192$9,607$9,056$8,537$7,500
7 years$9,175$8,559$7,983$7,445$6,943$5,953
8 years$7,947$7,337$6,770$6,246$5,760$4,816
9 years$6,993$6,388$5,831$5,320$4,850$3,952
10 years$6,229$5,631$5,084$4,586$4,133$3,280
11 years$5,605$5,013$4,476$3,991$3,554$2,745
12 years$5,086$4,499$3,972$3,501$3,080$2,314
13 years$4,646$4,066$3,549$3,091$2,686$1,961
14 years$4,270$3,696$3,189$2,743$2,354$1,670
15 years$3,944$3,376$2,879$2,447$2,073$1,428
16 years$3,659$3,098$2,610$2,191$1,832$1,224
17 years$3,408$2,853$2,375$1,968$1,625$1,053
18 years$3,186$2,636$2,168$1,774$1,444$907
19 years$2,986$2,443$1,985$1,603$1,287$784
20 years$2,807$2,270$1,822$1,452$1,150$678
21 years$2,646$2,115$1,676$1,317$1,029$587
22 years$2,499$1,974$1,544$1,198$922$509
23 years$2,365$1,846$1,426$1,091$828$442
24 years$2,242$1,730$1,319$995$744$384
25 years$2,130$1,623$1,221$909$670$334
26 years$2,026$1,526$1,133$831$603$291
27 years$1,930$1,436$1,052$761$544$253
28 years$1,841$1,353$978$697$491$220
29 years$1,758$1,276$910$639$443$192
30 years$1,681$1,205$848$586$400$168
31 years$1,610$1,139$790$539$362$146
32 years$1,542$1,078$737$495$327$127
33 years$1,479$1,021$688$455$296$111
34 years$1,420$968$643$419$268$97
35 years$1,364$918$601$386$243$85
36 years$1,312$871$563$355$220$74
37 years$1,262$827$527$327$200$65
38 years$1,216$786$493$302$181$56
39 years$1,171$748$462$278$164$49
40 years$1,129$711$433$256$149$43
41 years$1,089$677$406$237$135$38
42 years$1,052$645$381$218$123$33
43 years$1,016$615$357$202$111$29
44 years$981$586$335$186$101$25
45 years$949$559$315$172$92$22
46 years$918$533$296$159$83$19
47 years$888$508$278$147$76$17
48 years$860$485$261$136$69$15
49 years$832$464$245$125$62$13
50 years$806$443$231$116$57$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $826,000, adding $2,591 every year, while hoping to spend $49,208 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: 65/5/30 Blend
64$826,000$826,000$826,000$826,000
65$912,925$869,147$856,344$964,813
66$953,686$859,378$832,674$990,496
67$996,956$847,481$806,563$1,012,900
68$1,042,938$833,300$777,875$1,036,333
69$1,091,855$816,670$746,472$1,060,902
70$1,143,952$797,415$712,206$1,086,728
71$1,199,496$775,349$674,926$1,113,945
72$1,258,780$750,276$634,471$1,142,703
73$1,322,124$721,987$590,674$1,173,170
74$1,389,879$690,264$543,361$1,205,531
75$1,462,433$654,872$492,349$1,239,995
76$1,540,206$615,566$437,448$1,276,792
77$1,623,663$572,085$378,458$1,316,180
78$1,713,313$524,154$315,173$1,358,444
79$1,809,715$471,481$247,375$1,403,901
80$1,913,481$413,759$174,838$1,452,906
81$2,025,286$350,663$97,324$1,505,849
82$2,145,868$281,849$14,588$1,563,168
83$2,276,041$206,953$0$1,625,344
84$2,416,698$125,594$0$1,716,509
85$2,568,819$37,366$0$1,820,179
86$2,733,483$0$0$1,932,430
87$2,911,876$0$0$2,057,287
88$3,105,303$0$0$2,194,941
89$3,315,196$0$0$2,344,362
90$3,543,132$0$0$2,506,678
91$3,790,846$0$0$2,683,130
92$4,060,245$0$0$2,875,085
93$4,353,430$0$0$3,084,045
94$4,672,709$0$0$3,311,664
95$5,020,624$0$0$3,559,761
96$5,399,973$0$0$3,830,338
97$5,813,833$0$0$4,125,600
98$6,265,594$0$0$4,447,972
99$6,758,985$0$0$4,800,126
100$7,298,112$0$0$5,185,001