Can I retire at age 65 with 836,000?

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 $836,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$69,036$68,421$67,821$67,236$66,664$66,050
2 years$34,176$33,540$32,923$32,325$31,745$31,126
3 years$22,558$21,919$21,303$20,711$20,140$19,536
4 years$16,750$16,113$15,503$14,921$14,364$13,780
5 years$13,266$12,632$12,031$11,461$10,919$10,356
6 years$10,944$10,315$9,723$9,165$8,640$8,098
7 years$9,286$8,663$8,080$7,535$7,027$6,507
8 years$8,043$7,426$6,852$6,321$5,829$5,331
9 years$7,077$6,465$5,902$5,384$4,909$4,432
10 years$6,305$5,699$5,145$4,641$4,183$3,728
11 years$5,673$5,073$4,530$4,039$3,597$3,163
12 years$5,147$4,554$4,020$3,543$3,117$2,704
13 years$4,703$4,115$3,592$3,128$2,718$2,325
14 years$4,322$3,741$3,227$2,777$2,383$2,009
15 years$3,992$3,417$2,914$2,476$2,098$1,743
16 years$3,704$3,135$2,642$2,217$1,854$1,518
17 years$3,450$2,887$2,404$1,992$1,644$1,326
18 years$3,224$2,668$2,194$1,795$1,462$1,161
19 years$3,023$2,473$2,009$1,622$1,303$1,019
20 years$2,841$2,298$1,844$1,469$1,164$896
21 years$2,678$2,140$1,696$1,333$1,042$789
22 years$2,529$1,998$1,563$1,212$934$696
23 years$2,393$1,869$1,443$1,104$838$614
24 years$2,269$1,751$1,335$1,007$753$543
25 years$2,155$1,643$1,236$920$678$480
26 years$2,050$1,544$1,146$841$611$425
27 years$1,953$1,453$1,065$770$550$377
28 years$1,863$1,369$990$705$497$334
29 years$1,780$1,292$921$647$449$297
30 years$1,702$1,220$858$594$405$263
31 years$1,629$1,153$800$545$366$234
32 years$1,561$1,091$746$501$331$208
33 years$1,497$1,033$697$461$300$185
34 years$1,437$979$651$424$272$164
35 years$1,381$929$609$390$246$146
36 years$1,328$882$569$359$223$130
37 years$1,278$837$533$331$202$116
38 years$1,230$796$499$305$183$103
39 years$1,185$757$468$281$166$91
40 years$1,143$720$438$260$151$81
41 years$1,103$685$411$239$137$73
42 years$1,064$653$385$221$124$65
43 years$1,028$622$362$204$113$57
44 years$993$593$340$188$102$51
45 years$960$565$319$174$93$46
46 years$929$539$299$161$84$41
47 years$899$515$281$148$76$36
48 years$870$491$264$137$69$32
49 years$843$469$248$127$63$29
50 years$816$448$234$117$57$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $836,000, adding $4,264 every year, while hoping to spend $39,330 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: 50/43/7 Blend
64$836,000$836,000$836,000$836,000
65$925,670$881,362$868,404$970,098
66$978,242$882,702$855,649$1,002,188
67$1,034,858$882,790$841,148$1,032,471
68$1,095,888$881,522$824,802$1,064,446
69$1,161,742$878,789$806,506$1,098,279
70$1,232,865$874,476$786,150$1,134,158
71$1,309,752$868,459$763,620$1,172,289
72$1,392,941$860,608$738,795$1,212,904
73$1,483,027$850,784$711,552$1,256,258
74$1,580,665$838,842$681,758$1,302,636
75$1,686,573$824,625$649,276$1,352,353
76$1,801,540$807,968$613,964$1,405,762
77$1,926,437$788,698$575,671$1,463,252
78$2,062,218$766,630$534,242$1,525,254
79$2,209,938$741,567$489,511$1,592,249
80$2,370,751$713,304$441,310$1,664,768
81$2,545,933$681,622$389,459$1,743,402
82$2,736,885$646,287$333,772$1,828,806
83$2,945,148$607,056$274,055$1,921,704
84$3,172,421$563,670$210,104$2,022,901
85$3,420,572$515,854$141,706$2,133,287
86$3,691,658$463,319$68,641$2,253,849
87$3,987,944$405,758$0$2,385,681
88$4,311,923$342,849$0$2,530,690
89$4,666,340$274,249$0$2,695,036
90$5,054,217$199,598$0$2,875,089
91$5,478,883$118,514$0$3,072,511
92$5,944,003$30,595$0$3,289,140
93$6,453,612$0$0$3,527,008
94$7,012,156$0$0$3,818,922
95$7,624,530$0$0$4,154,930
96$8,296,127$0$0$4,523,524
97$9,032,883$0$0$4,927,976
98$9,841,342$0$0$5,371,889
99$10,728,706$0$0$5,859,230
100$11,702,914$0$0$6,394,372