Can I retire at age 65 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$70,357$69,731$69,119$68,522$67,940$66,814
2 years$34,830$34,182$33,553$32,943$32,352$31,222
3 years$22,990$22,338$21,711$21,107$20,526$19,425
4 years$17,070$16,421$15,800$15,207$14,639$13,577
5 years$13,520$12,874$12,262$11,680$11,128$10,108
6 years$11,153$10,513$9,909$9,341$8,805$7,828
7 years$9,464$8,829$8,235$7,679$7,161$6,227
8 years$8,197$7,568$6,984$6,442$5,941$5,049
9 years$7,213$6,589$6,015$5,487$5,003$4,154
10 years$6,425$5,808$5,244$4,730$4,263$3,455
11 years$5,782$5,170$4,617$4,117$3,666$2,899
12 years$5,246$4,641$4,097$3,611$3,177$2,450
13 years$4,793$4,194$3,661$3,188$2,770$2,082
14 years$4,405$3,812$3,289$2,830$2,429$1,778
15 years$4,068$3,482$2,970$2,524$2,138$1,524
16 years$3,775$3,195$2,692$2,260$1,890$1,311
17 years$3,516$2,943$2,450$2,030$1,676$1,130
18 years$3,286$2,719$2,236$1,830$1,490$977
19 years$3,080$2,520$2,047$1,653$1,328$846
20 years$2,896$2,342$1,879$1,497$1,186$734
21 years$2,729$2,181$1,728$1,359$1,062$638
22 years$2,577$2,036$1,593$1,236$951$555
23 years$2,439$1,904$1,471$1,125$854$483
24 years$2,313$1,784$1,360$1,026$768$421
25 years$2,197$1,674$1,260$937$691$367
26 years$2,090$1,574$1,168$857$622$321
27 years$1,991$1,481$1,085$784$561$280
28 years$1,899$1,396$1,009$719$506$245
29 years$1,814$1,317$939$659$457$214
30 years$1,734$1,243$874$605$413$187
31 years$1,660$1,175$815$556$373$164
32 years$1,591$1,112$760$511$338$143
33 years$1,526$1,053$710$469$306$126
34 years$1,465$998$663$432$277$110
35 years$1,407$947$620$398$251$96
36 years$1,353$899$580$366$227$84
37 years$1,302$853$543$337$206$74
38 years$1,254$811$509$311$187$65
39 years$1,208$771$476$287$169$57
40 years$1,165$734$447$265$154$50
41 years$1,124$699$419$244$139$44
42 years$1,085$665$393$225$126$38
43 years$1,048$634$369$208$115$34
44 years$1,012$604$346$192$104$29
45 years$979$576$325$177$95$26
46 years$947$550$305$164$86$23
47 years$916$525$287$151$78$20
48 years$887$501$269$140$71$17
49 years$859$478$253$129$64$15
50 years$832$457$238$119$58$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $852,000, adding $4,011 every year, while hoping to spend $30,460 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: 73/16/11 Blend
64$852,000$852,000$852,000$852,000
65$943,041$897,885$884,679$1,009,559
66$1,006,822$909,473$881,907$1,065,640
67$1,076,088$920,607$878,021$1,122,877
68$1,151,366$931,233$872,951$1,184,733
69$1,233,236$941,294$866,626$1,251,657
70$1,322,336$950,728$858,968$1,324,143
71$1,419,369$959,468$849,898$1,402,737
72$1,525,107$967,444$839,332$1,488,039
73$1,640,401$974,582$827,182$1,580,711
74$1,766,186$980,800$813,357$1,681,481
75$1,903,492$986,016$797,760$1,791,154
76$2,053,455$990,137$780,291$1,910,614
77$2,217,322$993,067$760,845$2,040,839
78$2,396,467$994,706$739,312$2,182,905
79$2,592,403$994,944$715,576$2,337,997
80$2,806,797$993,665$689,517$2,507,423
81$3,041,484$990,748$661,009$2,692,623
82$3,298,483$986,062$629,920$2,895,188
83$3,580,019$979,470$596,113$3,116,867
84$3,888,542$970,825$559,444$3,359,590
85$4,226,750$959,972$519,763$3,625,486
86$4,597,616$946,748$476,911$3,916,899
87$5,004,411$930,977$430,726$4,236,415
88$5,450,741$912,475$381,036$4,586,884
89$5,940,577$891,047$327,661$4,971,447
90$6,478,293$866,485$270,415$5,393,567
91$7,068,707$838,571$209,102$5,857,060
92$7,717,127$807,072$143,518$6,366,136
93$8,429,398$771,744$73,451$6,925,432
94$9,211,963$732,325$0$7,540,060
95$10,071,917$688,543$0$8,215,813
96$11,017,076$640,105$0$8,967,956
97$12,056,054$586,706$0$9,794,738
98$13,198,336$528,020$0$10,703,735
99$14,454,378$463,704$0$11,703,299
100$15,835,694$393,396$0$12,802,633