Can I retire at age 65 with 927,000?

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 $927,000?

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$76,551$75,869$75,204$74,554$73,920$72,696
2 years$37,896$37,191$36,507$35,843$35,200$33,970
3 years$25,013$24,304$23,622$22,965$22,332$21,135
4 years$18,573$17,866$17,191$16,545$15,928$14,772
5 years$14,710$14,007$13,341$12,708$12,108$10,998
6 years$12,135$11,438$10,781$10,163$9,581$8,517
7 years$10,297$9,606$8,959$8,355$7,792$6,775
8 years$8,919$8,234$7,598$7,009$6,464$5,494
9 years$7,848$7,169$6,544$5,970$5,444$4,519
10 years$6,991$6,319$5,706$5,146$4,638$3,759
11 years$6,291$5,626$5,023$4,479$3,989$3,155
12 years$5,708$5,049$4,458$3,929$3,457$2,666
13 years$5,215$4,563$3,983$3,468$3,014$2,265
14 years$4,792$4,148$3,579$3,079$2,642$1,934
15 years$4,427$3,789$3,231$2,746$2,327$1,658
16 years$4,107$3,476$2,929$2,459$2,056$1,426
17 years$3,825$3,202$2,666$2,209$1,823$1,230
18 years$3,575$2,958$2,433$1,991$1,621$1,063
19 years$3,352$2,742$2,228$1,799$1,445$921
20 years$3,151$2,548$2,044$1,629$1,291$799
21 years$2,969$2,373$1,880$1,479$1,155$694
22 years$2,804$2,215$1,733$1,344$1,035$604
23 years$2,654$2,072$1,600$1,224$929$526
24 years$2,516$1,941$1,480$1,117$835$458
25 years$2,390$1,822$1,371$1,020$752$400
26 years$2,273$1,712$1,271$932$677$349
27 years$2,166$1,611$1,180$854$610$305
28 years$2,066$1,518$1,097$782$551$266
29 years$1,973$1,432$1,021$717$497$233
30 years$1,887$1,353$951$658$449$204
31 years$1,806$1,279$887$604$406$178
32 years$1,731$1,210$827$555$368$156
33 years$1,660$1,146$773$511$333$137
34 years$1,594$1,086$722$470$301$120
35 years$1,531$1,030$675$433$273$105
36 years$1,472$978$631$398$247$92
37 years$1,417$929$591$367$224$80
38 years$1,364$883$553$338$203$71
39 years$1,314$839$518$312$184$62
40 years$1,267$798$486$288$167$54
41 years$1,223$760$456$266$152$47
42 years$1,180$724$427$245$137$42
43 years$1,140$690$401$226$125$36
44 years$1,101$657$376$209$113$32
45 years$1,065$627$353$193$103$28
46 years$1,030$598$332$178$93$25
47 years$997$571$312$165$85$22
48 years$965$545$293$152$77$19
49 years$934$520$276$141$70$17
50 years$905$497$259$130$64$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $927,000, adding $4,827 every year, while hoping to spend $21,681 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: 56/19/25 Blend
64$927,000$927,000$927,000$927,000
65$1,026,533$977,402$963,034$1,076,751
66$1,108,171$1,002,226$972,227$1,136,553
67$1,197,409$1,027,540$981,001$1,198,991
68$1,295,001$1,053,345$989,320$1,266,565
69$1,401,773$1,079,641$997,145$1,339,776
70$1,518,638$1,106,429$1,004,434$1,419,178
71$1,646,602$1,133,706$1,011,144$1,505,379
72$1,786,768$1,161,471$1,017,231$1,599,049
73$1,940,357$1,189,721$1,022,647$1,700,927
74$2,108,709$1,218,453$1,027,341$1,811,827
75$2,293,301$1,247,661$1,031,261$1,932,647
76$2,495,762$1,277,340$1,034,352$2,064,375
77$2,717,882$1,307,482$1,036,555$2,208,101
78$2,961,637$1,338,080$1,037,810$2,365,026
79$3,229,200$1,369,122$1,038,053$2,536,473
80$3,522,967$1,400,597$1,037,217$2,723,901
81$3,845,576$1,432,494$1,035,230$2,928,918
82$4,199,935$1,464,796$1,032,021$3,153,295
83$4,589,245$1,497,487$1,027,510$3,398,985
84$5,017,033$1,530,549$1,021,616$3,668,141
85$5,487,186$1,563,962$1,014,256$3,963,134
86$6,003,984$1,597,701$1,005,339$4,286,580
87$6,572,145$1,631,743$994,772$4,641,359
88$7,196,864$1,666,059$982,457$5,030,647
89$7,883,867$1,700,618$968,293$5,457,947
90$8,639,462$1,735,389$952,170$5,927,114
91$9,470,597$1,770,333$933,978$6,442,403
92$10,384,930$1,805,412$913,599$7,008,501
93$11,390,898$1,840,582$890,910$7,630,573
94$12,497,796$1,875,796$865,781$8,314,313
95$13,715,866$1,911,005$838,079$9,065,998
96$15,056,392$1,946,152$807,663$9,892,544
97$16,531,810$1,981,180$774,386$10,801,575
98$18,155,820$2,016,023$738,093$11,801,493
99$19,943,518$2,050,612$698,624$12,901,560
100$21,911,539$2,084,875$655,810$14,111,984