Can I retire at age 65 with 827,000?

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 $827,000?

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$68,293$67,685$67,091$66,512$65,946$64,170
2 years$33,808$33,179$32,568$31,977$31,403$29,626
3 years$22,315$21,683$21,074$20,488$19,923$18,201
4 years$16,569$15,939$15,336$14,760$14,209$12,556
5 years$13,123$12,496$11,902$11,337$10,802$9,221
6 years$10,826$10,204$9,618$9,067$8,547$7,040
7 years$9,186$8,570$7,993$7,454$6,951$5,519
8 years$7,957$7,346$6,779$6,253$5,767$4,408
9 years$7,001$6,396$5,838$5,326$4,856$3,570
10 years$6,237$5,638$5,090$4,591$4,138$2,922
11 years$5,612$5,019$4,481$3,996$3,559$2,412
12 years$5,092$4,505$3,977$3,505$3,084$2,004
13 years$4,652$4,071$3,553$3,094$2,689$1,674
14 years$4,275$3,700$3,193$2,747$2,357$1,404
15 years$3,949$3,380$2,882$2,450$2,076$1,182
16 years$3,664$3,101$2,613$2,193$1,834$998
17 years$3,413$2,856$2,378$1,971$1,627$845
18 years$3,189$2,639$2,171$1,776$1,446$716
19 years$2,990$2,446$1,987$1,605$1,289$609
20 years$2,811$2,273$1,824$1,453$1,151$518
21 years$2,649$2,117$1,678$1,319$1,030$441
22 years$2,502$1,976$1,546$1,199$924$376
23 years$2,368$1,848$1,428$1,092$829$321
24 years$2,245$1,732$1,320$996$745$274
25 years$2,132$1,625$1,223$910$671$234
26 years$2,028$1,527$1,134$832$604$200
27 years$1,932$1,438$1,053$761$545$171
28 years$1,843$1,355$979$698$491$146
29 years$1,760$1,278$911$640$444$125
30 years$1,683$1,207$849$587$401$107
31 years$1,611$1,141$791$539$362$92
32 years$1,544$1,079$738$496$328$79
33 years$1,481$1,022$689$456$297$67
34 years$1,422$969$644$419$269$58
35 years$1,366$919$602$386$243$50
36 years$1,313$872$563$355$220$42
37 years$1,264$828$527$328$200$36
38 years$1,217$787$494$302$181$31
39 years$1,173$749$463$278$164$27
40 years$1,131$712$434$257$149$23
41 years$1,091$678$406$237$135$20
42 years$1,053$646$381$219$123$17
43 years$1,017$615$358$202$111$14
44 years$983$586$336$186$101$12
45 years$950$559$315$172$92$11
46 years$919$533$296$159$83$9
47 years$889$509$278$147$76$8
48 years$861$486$261$136$69$7
49 years$833$464$246$125$62$6
50 years$807$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 $827,000, adding $3,146 every year, while hoping to spend $42,427 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: 73/12/15 Blend
64$827,000$827,000$827,000$827,000
65$914,599$870,768$857,950$978,097
66$962,746$868,294$841,549$1,018,106
67$1,014,382$864,276$823,177$1,056,413
68$1,069,819$858,595$802,723$1,097,248
69$1,129,396$851,122$780,070$1,140,853
70$1,193,491$841,723$755,098$1,187,493
71$1,262,512$830,253$727,680$1,237,462
72$1,336,914$816,561$697,682$1,291,083
73$1,417,192$800,485$664,967$1,348,714
74$1,503,891$781,855$629,390$1,410,750
75$1,597,612$760,489$590,798$1,477,628
76$1,699,012$736,197$549,033$1,549,828
77$1,808,815$708,775$503,930$1,627,882
78$1,927,819$678,009$455,316$1,712,378
79$2,056,898$643,673$403,011$1,803,962
80$2,197,015$605,527$346,825$1,903,350
81$2,349,229$563,316$286,562$2,011,331
82$2,514,704$516,772$222,015$2,128,777
83$2,694,722$465,612$152,971$2,256,650
84$2,890,692$409,536$79,205$2,396,012
85$3,104,167$348,227$482$2,548,034
86$3,336,853$281,351$0$2,714,011
87$3,590,628$208,554$0$2,908,738
88$3,867,562$129,462$0$3,121,374
89$4,169,929$43,682$0$3,353,622
90$4,500,236$0$0$3,607,446
91$4,861,240$0$0$3,891,507
92$5,255,980$0$0$4,208,455
93$5,687,798$0$0$4,555,213
94$6,160,377$0$0$4,934,741
95$6,677,770$0$0$5,350,300
96$7,244,441$0$0$5,805,481
97$7,865,307$0$0$6,304,238
98$8,545,783$0$0$6,850,927
99$9,291,831$0$0$7,450,342
100$10,110,019$0$0$8,107,768