Can I retire at age 65 with 855,000?

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 $855,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$70,605$69,976$69,363$68,764$68,179$66,802
2 years$34,953$34,302$33,671$33,059$32,466$31,085
3 years$23,071$22,417$21,787$21,182$20,598$19,256
4 years$17,130$16,479$15,856$15,260$14,691$13,398
5 years$13,567$12,920$12,305$11,721$11,168$9,927
6 years$11,193$10,550$9,944$9,374$8,836$7,651
7 years$9,497$8,860$8,264$7,707$7,186$6,055
8 years$8,226$7,594$7,008$6,465$5,962$4,884
9 years$7,238$6,612$6,036$5,507$5,021$3,997
10 years$6,448$5,828$5,262$4,747$4,278$3,306
11 years$5,802$5,189$4,633$4,131$3,679$2,759
12 years$5,264$4,657$4,112$3,624$3,188$2,318
13 years$4,810$4,209$3,673$3,199$2,780$1,958
14 years$4,420$3,826$3,301$2,840$2,437$1,662
15 years$4,083$3,495$2,980$2,533$2,146$1,416
16 years$3,788$3,206$2,702$2,268$1,897$1,210
17 years$3,528$2,953$2,459$2,037$1,682$1,036
18 years$3,297$2,729$2,244$1,836$1,495$890
19 years$3,091$2,529$2,055$1,659$1,333$766
20 years$2,906$2,350$1,886$1,503$1,190$660
21 years$2,738$2,189$1,734$1,364$1,065$569
22 years$2,586$2,043$1,599$1,240$955$492
23 years$2,448$1,911$1,476$1,129$857$425
24 years$2,321$1,790$1,365$1,030$770$368
25 years$2,204$1,680$1,264$941$693$319
26 years$2,097$1,579$1,173$860$624$276
27 years$1,998$1,486$1,089$787$563$240
28 years$1,906$1,400$1,012$721$508$208
29 years$1,820$1,321$942$661$459$181
30 years$1,740$1,248$877$607$414$157
31 years$1,666$1,179$818$557$375$136
32 years$1,596$1,116$763$512$339$118
33 years$1,531$1,057$713$471$307$103
34 years$1,470$1,002$666$433$278$89
35 years$1,412$950$622$399$252$78
36 years$1,358$902$582$368$228$68
37 years$1,307$856$545$339$207$59
38 years$1,258$814$510$312$187$51
39 years$1,212$774$478$288$170$44
40 years$1,169$736$448$265$154$39
41 years$1,128$701$420$245$140$34
42 years$1,089$668$394$226$127$29
43 years$1,051$636$370$209$115$25
44 years$1,016$606$347$193$104$22
45 years$982$578$326$178$95$19
46 years$950$552$306$164$86$17
47 years$919$526$288$152$78$15
48 years$890$502$270$140$71$13
49 years$862$480$254$130$64$11
50 years$835$458$239$120$59$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $855,000, adding $2,075 every year, while hoping to spend $50,389 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: 60/11/29 Blend
64$855,000$855,000$855,000$855,000
65$944,350$899,035$885,783$993,463
66$987,061$889,475$861,843$1,017,679
67$1,032,438$877,757$835,412$1,038,538
68$1,080,703$863,722$806,354$1,060,255
69$1,132,093$847,203$774,526$1,082,926
70$1,186,872$828,022$739,778$1,106,659
71$1,245,326$805,988$701,954$1,131,576
72$1,307,771$780,903$660,891$1,157,813
73$1,374,551$752,554$616,417$1,185,522
74$1,446,043$720,718$568,356$1,214,875
75$1,522,664$685,157$516,520$1,246,063
76$1,604,868$645,622$460,716$1,279,299
77$1,693,153$601,846$400,738$1,314,821
78$1,788,068$553,550$336,376$1,352,897
79$1,890,214$500,437$267,408$1,393,824
80$2,000,251$442,194$193,602$1,437,932
81$2,118,905$378,490$114,716$1,485,591
82$2,246,973$308,975$30,498$1,537,212
83$2,385,330$233,280$0$1,593,252
84$2,534,938$151,015$0$1,672,594
85$2,696,854$61,768$0$1,768,695
86$2,872,241$0$0$1,872,827
87$3,062,378$0$0$1,990,005
88$3,268,670$0$0$2,125,307
89$3,492,661$0$0$2,272,279
90$3,736,054$0$0$2,432,042
91$4,000,718$0$0$2,605,833
92$4,288,710$0$0$2,795,011
93$4,602,295$0$0$3,001,072
94$4,943,963$0$0$3,225,662
95$5,316,458$0$0$3,470,592
96$5,722,795$0$0$3,737,855
97$6,166,297$0$0$4,029,648
98$6,650,619$0$0$4,348,385
99$7,179,786$0$0$4,696,726
100$7,758,227$0$0$5,077,600