Can I retire at age 65 with 835,000?

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 $835,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$68,954$68,339$67,740$67,155$66,584$65,266
2 years$34,135$33,500$32,884$32,286$31,707$30,385
3 years$22,531$21,892$21,278$20,686$20,116$18,831
4 years$16,730$16,093$15,485$14,903$14,347$13,109
5 years$13,250$12,617$12,017$11,447$10,906$9,718
6 years$10,931$10,303$9,711$9,154$8,630$7,494
7 years$9,275$8,652$8,070$7,526$7,018$5,934
8 years$8,034$7,417$6,844$6,314$5,822$4,790
9 years$7,069$6,458$5,895$5,378$4,903$3,922
10 years$6,297$5,692$5,139$4,636$4,178$3,246
11 years$5,666$5,067$4,525$4,034$3,593$2,710
12 years$5,141$4,548$4,015$3,539$3,114$2,278
13 years$4,697$4,110$3,588$3,124$2,715$1,926
14 years$4,317$3,736$3,223$2,773$2,380$1,636
15 years$3,987$3,413$2,910$2,473$2,096$1,394
16 years$3,699$3,131$2,639$2,215$1,852$1,192
17 years$3,446$2,884$2,401$1,990$1,642$1,022
18 years$3,220$2,665$2,192$1,793$1,460$879
19 years$3,019$2,470$2,007$1,620$1,302$756
20 years$2,838$2,295$1,841$1,467$1,163$652
21 years$2,674$2,138$1,694$1,332$1,040$563
22 years$2,526$1,995$1,561$1,211$933$487
23 years$2,390$1,866$1,441$1,103$837$422
24 years$2,267$1,749$1,333$1,006$752$365
25 years$2,153$1,641$1,235$919$677$317
26 years$2,048$1,542$1,145$840$610$275
27 years$1,951$1,451$1,063$769$550$238
28 years$1,861$1,368$989$704$496$207
29 years$1,778$1,290$920$646$448$180
30 years$1,700$1,218$857$593$405$156
31 years$1,627$1,152$799$544$366$136
32 years$1,559$1,090$745$500$331$118
33 years$1,495$1,032$696$460$300$103
34 years$1,436$978$650$423$271$89
35 years$1,379$928$608$390$246$78
36 years$1,326$881$569$359$223$68
37 years$1,276$836$532$331$202$59
38 years$1,229$795$498$305$183$51
39 years$1,184$756$467$281$166$45
40 years$1,142$719$438$259$150$39
41 years$1,101$685$410$239$136$34
42 years$1,063$652$385$221$124$29
43 years$1,027$621$361$204$112$26
44 years$992$592$339$188$102$22
45 years$959$565$318$174$93$19
46 years$928$539$299$160$84$17
47 years$898$514$281$148$76$15
48 years$869$491$264$137$69$13
49 years$842$469$248$127$63$11
50 years$815$448$233$117$57$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $835,000, adding $4,909 every year, while hoping to spend $51,335 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: 29/49/22 Blend
64$835,000$835,000$835,000$835,000
65$925,234$880,979$868,036$945,575
66$964,987$869,527$842,495$950,224
67$1,007,076$855,793$814,378$950,327
68$1,051,682$839,611$783,545$949,362
69$1,099,008$820,806$749,848$947,271
70$1,149,272$799,192$713,133$943,991
71$1,202,716$774,570$673,241$939,464
72$1,259,602$746,733$630,004$933,626
73$1,320,218$715,459$583,245$926,418
74$1,384,879$680,515$532,783$917,777
75$1,453,930$641,654$478,424$907,645
76$1,527,750$598,615$419,971$895,961
77$1,606,753$551,120$357,213$882,670
78$1,691,395$498,878$289,933$867,717
79$1,782,174$441,579$217,902$851,051
80$1,879,638$378,899$140,884$832,625
81$1,984,387$310,490$58,629$812,398
82$2,097,080$235,990$0$790,334
83$2,218,443$155,014$0$773,249
84$2,349,269$67,155$0$769,413
85$2,490,432$0$0$765,107
86$2,642,893$0$0$775,510
87$2,807,706$0$0$826,004
88$2,986,029$0$0$880,747
89$3,179,138$0$0$940,145
90$3,388,432$0$0$1,004,642
91$3,615,453$0$0$1,074,729
92$3,861,894$0$0$1,150,945
93$4,129,618$0$0$1,233,882
94$4,420,675$0$0$1,324,193
95$4,737,320$0$0$1,422,597
96$5,082,033$0$0$1,529,882
97$5,457,545$0$0$1,646,920
98$5,866,858$0$0$1,774,667
99$6,313,280$0$0$1,914,176
100$6,800,449$0$0$2,066,608