Can I retire at age 65 with 839,000?

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 $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%13.6%
1 years$69,284$68,667$68,065$67,477$66,903$65,903
2 years$34,299$33,660$33,041$32,441$31,859$30,854
3 years$22,639$21,997$21,380$20,785$20,212$19,233
4 years$16,810$16,170$15,559$14,975$14,416$13,470
5 years$13,313$12,678$12,074$11,502$10,959$10,049
6 years$10,983$10,352$9,758$9,198$8,671$7,799
7 years$9,320$8,694$8,109$7,562$7,052$6,218
8 years$8,072$7,452$6,877$6,344$5,850$5,054
9 years$7,103$6,489$5,923$5,404$4,927$4,167
10 years$6,327$5,719$5,164$4,658$4,198$3,475
11 years$5,694$5,092$4,546$4,054$3,610$2,923
12 years$5,166$4,570$4,035$3,556$3,129$2,477
13 years$4,720$4,130$3,605$3,139$2,728$2,110
14 years$4,337$3,754$3,239$2,787$2,392$1,807
15 years$4,006$3,429$2,924$2,485$2,106$1,553
16 years$3,717$3,146$2,651$2,225$1,861$1,339
17 years$3,462$2,898$2,413$1,999$1,650$1,158
18 years$3,236$2,678$2,202$1,802$1,467$1,004
19 years$3,033$2,482$2,016$1,628$1,308$872
20 years$2,851$2,306$1,850$1,475$1,168$759
21 years$2,687$2,148$1,702$1,338$1,045$661
22 years$2,538$2,005$1,569$1,217$937$577
23 years$2,402$1,875$1,448$1,108$841$504
24 years$2,277$1,757$1,339$1,011$756$441
25 years$2,163$1,649$1,241$923$680$386
26 years$2,058$1,550$1,151$844$613$338
27 years$1,960$1,458$1,068$772$552$296
28 years$1,870$1,374$993$708$498$260
29 years$1,786$1,296$924$649$450$228
30 years$1,708$1,224$861$596$407$200
31 years$1,635$1,157$803$547$368$175
32 years$1,567$1,095$749$503$333$154
33 years$1,503$1,037$699$462$301$135
34 years$1,442$983$653$425$273$119
35 years$1,386$932$611$392$247$105
36 years$1,333$885$571$361$224$92
37 years$1,282$840$535$332$203$81
38 years$1,235$799$501$306$184$71
39 years$1,190$760$469$282$167$62
40 years$1,147$723$440$260$151$55
41 years$1,107$688$412$240$137$48
42 years$1,068$655$387$222$124$43
43 years$1,032$624$363$205$113$37
44 years$997$595$341$189$103$33
45 years$964$567$320$175$93$29
46 years$932$541$300$161$84$25
47 years$902$517$282$149$77$22
48 years$873$493$265$138$70$20
49 years$846$471$249$127$63$17
50 years$819$450$234$118$57$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $839,000, adding $6,214 every year, while hoping to spend $48,361 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: 52/39/9 Blend
64$839,000$839,000$839,000$839,000
65$930,988$886,521$873,516$976,946
66$974,493$878,505$851,323$1,000,882
67$1,020,814$868,475$826,766$1,021,160
68$1,070,189$856,281$799,714$1,042,075
69$1,122,875$841,766$770,032$1,063,697
70$1,179,157$824,761$737,576$1,086,106
71$1,239,344$805,087$702,198$1,109,394
72$1,303,777$782,557$663,741$1,133,665
73$1,372,830$756,970$622,045$1,159,036
74$1,446,913$728,116$576,937$1,185,639
75$1,526,475$695,770$528,242$1,213,625
76$1,612,010$659,697$475,772$1,243,162
77$1,704,058$619,646$419,334$1,274,441
78$1,803,216$575,353$358,726$1,307,676
79$1,910,137$526,537$293,736$1,343,107
80$2,025,537$472,904$224,142$1,381,003
81$2,150,207$414,141$149,716$1,421,668
82$2,285,011$349,917$70,215$1,465,441
83$2,430,904$279,885$0$1,512,702
84$2,588,931$203,674$0$1,565,281
85$2,760,244$120,897$0$1,629,535
86$2,946,110$31,141$0$1,699,271
87$3,147,920$0$0$1,775,110
88$3,367,206$0$0$1,886,078
89$3,605,652$0$0$2,021,348
90$3,865,111$0$0$2,168,617
91$4,147,624$0$0$2,329,051
92$4,455,434$0$0$2,503,935
93$4,791,009$0$0$2,694,684
94$5,157,069$0$0$2,902,852
95$5,556,605$0$0$3,130,152
96$5,992,908$0$0$3,378,471
97$6,469,605$0$0$3,649,882
98$6,990,686$0$0$3,946,672
99$7,560,544$0$0$4,271,357
100$8,184,017$0$0$4,626,706