Can I retire at age 65 with 876,000?

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 $876,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$72,339$71,695$71,066$70,453$69,853$67,563
2 years$35,812$35,145$34,498$33,871$33,264$30,978
3 years$23,637$22,967$22,323$21,702$21,104$18,895
4 years$17,551$16,883$16,245$15,635$15,051$12,936
5 years$13,901$13,237$12,607$12,009$11,442$9,425
6 years$11,468$10,809$10,188$9,604$9,054$7,138
7 years$9,730$9,077$8,466$7,896$7,363$5,547
8 years$8,428$7,781$7,180$6,624$6,108$4,392
9 years$7,416$6,775$6,184$5,642$5,144$3,525
10 years$6,606$5,972$5,392$4,863$4,383$2,858
11 years$5,945$5,316$4,747$4,233$3,770$2,337
12 years$5,394$4,771$4,213$3,713$3,267$1,922
13 years$4,928$4,312$3,764$3,278$2,849$1,589
14 years$4,529$3,919$3,382$2,909$2,497$1,319
15 years$4,183$3,581$3,053$2,595$2,199$1,099
16 years$3,881$3,285$2,768$2,323$1,943$918
17 years$3,615$3,025$2,519$2,087$1,723$768
18 years$3,378$2,796$2,299$1,881$1,532$644
19 years$3,167$2,591$2,105$1,700$1,365$541
20 years$2,977$2,408$1,932$1,540$1,220$455
21 years$2,806$2,243$1,777$1,397$1,091$383
22 years$2,650$2,093$1,638$1,270$978$323
23 years$2,508$1,958$1,512$1,157$878$272
24 years$2,378$1,834$1,399$1,055$789$230
25 years$2,258$1,722$1,295$964$710$194
26 years$2,148$1,618$1,201$881$640$164
27 years$2,047$1,523$1,116$807$577$139
28 years$1,952$1,435$1,037$739$520$117
29 years$1,865$1,354$965$678$470$99
30 years$1,783$1,278$899$622$425$84
31 years$1,707$1,208$838$571$384$71
32 years$1,636$1,143$782$525$347$60
33 years$1,569$1,083$730$483$314$51
34 years$1,506$1,026$682$444$285$43
35 years$1,447$973$638$409$258$36
36 years$1,391$924$597$377$234$31
37 years$1,339$878$558$347$212$26
38 years$1,289$834$523$320$192$22
39 years$1,242$793$490$295$174$19
40 years$1,198$754$459$272$158$16
41 years$1,155$718$431$251$143$13
42 years$1,115$684$404$232$130$11
43 years$1,077$652$379$214$118$10
44 years$1,041$621$356$197$107$8
45 years$1,006$592$334$182$97$7
46 years$973$565$314$168$88$6
47 years$942$539$295$156$80$5
48 years$912$515$277$144$73$4
49 years$883$492$260$133$66$4
50 years$855$470$245$123$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $876,000, adding $2,018 every year, while hoping to spend $27,566 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: 32/42/26 Blend
64$876,000$876,000$876,000$876,000
65$967,434$921,006$907,428$990,638
66$1,036,782$936,805$908,496$1,024,287
67$1,112,280$952,454$908,677$1,057,911
68$1,194,525$967,918$907,911$1,093,580
69$1,284,177$983,156$906,136$1,131,492
70$1,381,959$998,126$903,288$1,171,867
71$1,488,669$1,012,785$899,298$1,214,948
72$1,605,185$1,027,083$894,096$1,261,005
73$1,732,472$1,040,968$887,606$1,310,334
74$1,871,595$1,054,386$879,752$1,363,267
75$2,023,724$1,067,278$870,450$1,420,167
76$2,190,149$1,079,579$859,615$1,481,439
77$2,372,289$1,091,224$847,157$1,547,530
78$2,571,708$1,102,140$832,983$1,618,934
79$2,790,128$1,112,250$816,993$1,696,198
80$3,029,443$1,121,473$799,085$1,779,927
81$3,291,743$1,129,721$779,151$1,870,791
82$3,579,326$1,136,903$757,078$1,969,528
83$3,894,725$1,142,918$732,747$2,076,957
84$4,240,729$1,147,664$706,037$2,193,982
85$4,620,411$1,151,027$676,817$2,321,603
86$5,037,155$1,152,890$644,952$2,460,925
87$5,494,690$1,153,126$610,303$2,613,170
88$5,997,120$1,151,601$572,720$2,779,686
89$6,548,971$1,148,174$532,051$2,961,966
90$7,155,225$1,142,694$488,133$3,161,656
91$7,821,372$1,135,000$440,800$3,380,578
92$8,553,460$1,124,923$389,875$3,620,742
93$9,358,152$1,112,283$335,174$3,884,369
94$10,242,788$1,096,889$276,507$4,173,913
95$11,215,455$1,078,539$213,672$4,492,081
96$12,285,062$1,057,019$146,462$4,841,867
97$13,461,428$1,032,102$74,657$5,226,573
98$14,755,366$1,003,547$0$5,649,846
99$16,178,793$971,101$0$6,116,260
100$17,744,839$934,494$0$6,651,850