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%11.6%
1 years$68,210$67,603$67,010$66,431$65,866$65,424
2 years$33,767$33,139$32,529$31,938$31,365$30,919
3 years$22,288$21,656$21,048$20,463$19,899$19,463
4 years$16,549$15,920$15,318$14,743$14,192$13,769
5 years$13,107$12,481$11,887$11,324$10,789$10,381
6 years$10,813$10,192$9,607$9,056$8,537$8,144
7 years$9,175$8,559$7,983$7,445$6,943$6,565
8 years$7,947$7,337$6,770$6,246$5,760$5,397
9 years$6,993$6,388$5,831$5,320$4,850$4,503
10 years$6,229$5,631$5,084$4,586$4,133$3,801
11 years$5,605$5,013$4,476$3,991$3,554$3,237
12 years$5,086$4,499$3,972$3,501$3,080$2,778
13 years$4,646$4,066$3,549$3,091$2,686$2,398
14 years$4,270$3,696$3,189$2,743$2,354$2,080
15 years$3,944$3,376$2,879$2,447$2,073$1,812
16 years$3,659$3,098$2,610$2,191$1,832$1,585
17 years$3,408$2,853$2,375$1,968$1,625$1,390
18 years$3,186$2,636$2,168$1,774$1,444$1,222
19 years$2,986$2,443$1,985$1,603$1,287$1,077
20 years$2,807$2,270$1,822$1,452$1,150$951
21 years$2,646$2,115$1,676$1,317$1,029$841
22 years$2,499$1,974$1,544$1,198$922$745
23 years$2,365$1,846$1,426$1,091$828$661
24 years$2,242$1,730$1,319$995$744$587
25 years$2,130$1,623$1,221$909$670$522
26 years$2,026$1,526$1,133$831$603$464
27 years$1,930$1,436$1,052$761$544$413
28 years$1,841$1,353$978$697$491$368
29 years$1,758$1,276$910$639$443$328
30 years$1,681$1,205$848$586$400$293
31 years$1,610$1,139$790$539$362$261
32 years$1,542$1,078$737$495$327$233
33 years$1,479$1,021$688$455$296$208
34 years$1,420$968$643$419$268$186
35 years$1,364$918$601$386$243$166
36 years$1,312$871$563$355$220$149
37 years$1,262$827$527$327$200$133
38 years$1,216$786$493$302$181$119
39 years$1,171$748$462$278$164$106
40 years$1,129$711$433$256$149$95
41 years$1,089$677$406$237$135$85
42 years$1,052$645$381$218$123$76
43 years$1,016$615$357$202$111$68
44 years$981$586$335$186$101$61
45 years$949$559$315$172$92$55
46 years$918$533$296$159$83$49
47 years$888$508$278$147$76$44
48 years$860$485$261$136$69$39
49 years$832$464$245$125$62$35
50 years$806$443$231$116$57$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $826,000, adding $4,399 every year, while hoping to spend $55,311 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: 65/7/28 Blend
64$826,000$826,000$826,000$826,000
65$914,790$871,012$858,209$967,212
66$949,248$854,841$828,108$987,011
67$985,367$836,024$795,145$1,002,109
68$1,023,258$814,372$759,166$1,017,400
69$1,063,041$789,688$720,010$1,032,909
70$1,104,848$761,759$677,506$1,048,666
71$1,148,820$730,363$631,481$1,064,705
72$1,195,113$695,264$581,749$1,081,067
73$1,243,895$656,212$528,118$1,097,799
74$1,295,349$612,944$470,386$1,114,954
75$1,349,676$565,179$408,346$1,132,596
76$1,407,093$512,623$341,776$1,150,794
77$1,467,839$454,965$270,448$1,169,632
78$1,532,174$391,873$194,123$1,189,202
79$1,600,382$323,000$112,552$1,209,609
80$1,672,772$247,979$25,473$1,230,974
81$1,749,684$166,419$0$1,253,433
82$1,831,489$77,911$0$1,297,291
83$1,918,594$0$0$1,352,003
84$2,011,442$0$0$1,411,618
85$2,110,522$0$0$1,481,669
86$2,216,365$0$0$1,556,537
87$2,329,558$0$0$1,636,639
88$2,450,741$0$0$1,722,434
89$2,580,616$0$0$1,814,423
90$2,719,956$0$0$1,913,159
91$2,869,606$0$0$2,019,246
92$3,030,496$0$0$2,133,349
93$3,203,644$0$0$2,256,198
94$3,390,170$0$0$2,388,591
95$3,591,304$0$0$2,531,410
96$3,808,398$0$0$2,685,621
97$4,042,934$0$0$2,852,286
98$4,296,544$0$0$3,032,572
99$4,571,021$0$0$3,227,761
100$4,868,337$0$0$3,439,264