Can I retire at age 65 with 839,000?

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 $839,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$69,284$68,667$68,065$67,477$66,903$64,632
2 years$34,299$33,660$33,041$32,441$31,859$29,593
3 years$22,639$21,997$21,380$20,785$20,212$18,024
4 years$16,810$16,170$15,559$14,975$14,416$12,321
5 years$13,313$12,678$12,074$11,502$10,959$8,963
6 years$10,983$10,352$9,758$9,198$8,671$6,777
7 years$9,320$8,694$8,109$7,562$7,052$5,258
8 years$8,072$7,452$6,877$6,344$5,850$4,155
9 years$7,103$6,489$5,923$5,404$4,927$3,329
10 years$6,327$5,719$5,164$4,658$4,198$2,694
11 years$5,694$5,092$4,546$4,054$3,610$2,198
12 years$5,166$4,570$4,035$3,556$3,129$1,805
13 years$4,720$4,130$3,605$3,139$2,728$1,489
14 years$4,337$3,754$3,239$2,787$2,392$1,234
15 years$4,006$3,429$2,924$2,485$2,106$1,025
16 years$3,717$3,146$2,651$2,225$1,861$855
17 years$3,462$2,898$2,413$1,999$1,650$714
18 years$3,236$2,678$2,202$1,802$1,467$597
19 years$3,033$2,482$2,016$1,628$1,308$501
20 years$2,851$2,306$1,850$1,475$1,168$420
21 years$2,687$2,148$1,702$1,338$1,045$353
22 years$2,538$2,005$1,569$1,217$937$297
23 years$2,402$1,875$1,448$1,108$841$250
24 years$2,277$1,757$1,339$1,011$756$210
25 years$2,163$1,649$1,241$923$680$177
26 years$2,058$1,550$1,151$844$613$149
27 years$1,960$1,458$1,068$772$552$126
28 years$1,870$1,374$993$708$498$106
29 years$1,786$1,296$924$649$450$89
30 years$1,708$1,224$861$596$407$75
31 years$1,635$1,157$803$547$368$64
32 years$1,567$1,095$749$503$333$54
33 years$1,503$1,037$699$462$301$45
34 years$1,442$983$653$425$273$38
35 years$1,386$932$611$392$247$32
36 years$1,333$885$571$361$224$27
37 years$1,282$840$535$332$203$23
38 years$1,235$799$501$306$184$19
39 years$1,190$760$469$282$167$16
40 years$1,147$723$440$260$151$14
41 years$1,107$688$412$240$137$12
42 years$1,068$655$387$222$124$10
43 years$1,032$624$363$205$113$8
44 years$997$595$341$189$103$7
45 years$964$567$320$175$93$6
46 years$932$541$300$161$84$5
47 years$902$517$282$149$77$4
48 years$873$493$265$138$70$4
49 years$846$471$249$127$63$3
50 years$819$450$234$118$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $839,000, adding $2,726 every year, while hoping to spend $39,213 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: 53/36/11 Blend
64$839,000$839,000$839,000$839,000
65$927,390$882,923$869,918$973,763
66$980,261$884,464$857,338$1,007,152
67$1,037,211$884,766$843,023$1,039,000
68$1,098,615$883,727$826,872$1,072,737
69$1,164,883$881,239$808,781$1,108,551
70$1,236,468$877,187$788,642$1,146,650
71$1,313,867$871,448$766,341$1,187,265
72$1,397,626$863,894$741,758$1,230,653
73$1,488,345$854,386$714,768$1,277,099
74$1,586,685$842,779$685,241$1,326,919
75$1,693,371$828,920$653,041$1,380,462
76$1,809,201$812,643$618,025$1,438,118
77$1,935,054$793,778$580,043$1,500,316
78$2,071,896$772,139$538,941$1,567,535
79$2,220,788$747,533$494,554$1,640,302
80$2,382,901$719,754$446,714$1,719,205
81$2,559,520$688,586$395,243$1,804,892
82$2,752,062$653,797$339,954$1,898,083
83$2,962,084$615,145$280,655$1,999,573
84$3,191,302$572,372$217,142$2,110,245
85$3,441,604$525,207$149,205$2,231,074
86$3,715,067$473,362$76,622$2,363,141
87$4,013,979$416,532$0$2,507,642
88$4,340,860$354,397$0$2,665,996
89$4,698,482$286,617$0$2,849,173
90$5,089,900$212,834$0$3,049,818
91$5,518,476$132,669$0$3,269,752
92$5,987,913$45,722$0$3,510,988
93$6,502,288$0$0$3,775,746
94$7,066,094$0$0$4,085,667
95$7,684,276$0$0$4,445,420
96$8,362,282$0$0$4,840,072
97$9,106,112$0$0$5,273,128
98$9,922,376$0$0$5,748,445
99$10,818,353$0$0$6,270,274
100$11,802,062$0$0$6,843,298