Can I retire at age 65 with 835,000?

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 $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%16.3%
1 years$68,954$68,339$67,740$67,155$66,584$64,869
2 years$34,135$33,500$32,884$32,286$31,707$29,990
3 years$22,531$21,892$21,278$20,686$20,116$18,452
4 years$16,730$16,093$15,485$14,903$14,347$12,748
5 years$13,250$12,617$12,017$11,447$10,906$9,377
6 years$10,931$10,303$9,711$9,154$8,630$7,171
7 years$9,275$8,652$8,070$7,526$7,018$5,631
8 years$8,034$7,417$6,844$6,314$5,822$4,505
9 years$7,069$6,458$5,895$5,378$4,903$3,656
10 years$6,297$5,692$5,139$4,636$4,178$2,998
11 years$5,666$5,067$4,525$4,034$3,593$2,479
12 years$5,141$4,548$4,015$3,539$3,114$2,064
13 years$4,697$4,110$3,588$3,124$2,715$1,727
14 years$4,317$3,736$3,223$2,773$2,380$1,452
15 years$3,987$3,413$2,910$2,473$2,096$1,225
16 years$3,699$3,131$2,639$2,215$1,852$1,036
17 years$3,446$2,884$2,401$1,990$1,642$879
18 years$3,220$2,665$2,192$1,793$1,460$747
19 years$3,019$2,470$2,007$1,620$1,302$636
20 years$2,838$2,295$1,841$1,467$1,163$542
21 years$2,674$2,138$1,694$1,332$1,040$463
22 years$2,526$1,995$1,561$1,211$933$396
23 years$2,390$1,866$1,441$1,103$837$339
24 years$2,267$1,749$1,333$1,006$752$290
25 years$2,153$1,641$1,235$919$677$248
26 years$2,048$1,542$1,145$840$610$213
27 years$1,951$1,451$1,063$769$550$182
28 years$1,861$1,368$989$704$496$156
29 years$1,778$1,290$920$646$448$134
30 years$1,700$1,218$857$593$405$115
31 years$1,627$1,152$799$544$366$99
32 years$1,559$1,090$745$500$331$85
33 years$1,495$1,032$696$460$300$73
34 years$1,436$978$650$423$271$63
35 years$1,379$928$608$390$246$54
36 years$1,326$881$569$359$223$46
37 years$1,276$836$532$331$202$40
38 years$1,229$795$498$305$183$34
39 years$1,184$756$467$281$166$29
40 years$1,142$719$438$259$150$25
41 years$1,101$685$410$239$136$22
42 years$1,063$652$385$221$124$19
43 years$1,027$621$361$204$112$16
44 years$992$592$339$188$102$14
45 years$959$565$318$174$93$12
46 years$928$539$299$160$84$10
47 years$898$514$281$148$76$9
48 years$869$491$264$137$69$8
49 years$842$469$248$127$63$6
50 years$815$448$233$117$57$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $835,000, adding $5,765 every year, while hoping to spend $39,376 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: 43/40/17 Blend
64$835,000$835,000$835,000$835,000
65$926,117$881,862$868,919$961,132
66$978,685$883,177$856,132$987,656
67$1,035,295$883,237$841,597$1,012,044
68$1,096,318$881,939$825,214$1,037,632
69$1,162,162$879,173$806,878$1,064,547
70$1,233,273$874,823$786,479$1,092,935
71$1,310,144$868,766$763,902$1,122,956
72$1,393,314$860,871$739,029$1,154,791
73$1,483,378$851,000$711,732$1,188,641
74$1,580,989$839,005$681,881$1,224,730
75$1,686,864$824,731$649,339$1,263,311
76$1,801,795$808,014$613,962$1,304,662
77$1,926,648$788,677$575,601$1,349,096
78$2,062,381$766,536$534,098$1,396,960
79$2,210,043$741,396$489,290$1,448,643
80$2,370,792$713,049$441,005$1,504,574
81$2,545,901$681,276$389,066$1,565,234
82$2,736,768$645,844$333,286$1,631,157
83$2,944,937$606,509$273,469$1,702,935
84$3,172,103$563,010$209,413$1,781,228
85$3,420,133$515,074$140,904$1,866,768
86$3,691,084$462,409$67,721$1,960,369
87$3,987,217$404,710$0$2,062,935
88$4,311,025$341,653$0$2,177,349
89$4,665,250$272,894$0$2,316,073
90$5,052,913$198,074$0$2,468,089
91$5,477,340$116,809$0$2,634,813
92$5,942,192$28,696$0$2,817,811
93$6,451,504$0$0$3,018,814
94$7,009,716$0$0$3,269,094
95$7,621,722$0$0$3,557,444
96$8,292,907$0$0$3,873,785
97$9,029,208$0$0$4,220,928
98$9,837,159$0$0$4,601,968
99$10,723,961$0$0$5,020,314
100$11,697,544$0$0$5,479,724