Can I retire at age 65 with 414,000?

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 $414,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$34,188$33,883$33,586$33,296$33,013$32,163
2 years$16,925$16,609$16,304$16,008$15,720$14,869
3 years$11,171$10,854$10,550$10,256$9,974$9,149
4 years$8,295$7,979$7,677$7,389$7,113$6,321
5 years$6,569$6,256$5,958$5,676$5,407$4,649
6 years$5,420$5,108$4,815$4,539$4,279$3,556
7 years$4,599$4,290$4,001$3,732$3,480$2,792
8 years$3,983$3,677$3,393$3,130$2,887$2,234
9 years$3,505$3,202$2,923$2,666$2,431$1,813
10 years$3,122$2,822$2,548$2,298$2,071$1,486
11 years$2,809$2,512$2,243$2,000$1,781$1,229
12 years$2,549$2,255$1,991$1,755$1,544$1,023
13 years$2,329$2,038$1,779$1,549$1,346$856
14 years$2,140$1,852$1,598$1,375$1,180$720
15 years$1,977$1,692$1,443$1,226$1,039$607
16 years$1,834$1,553$1,308$1,098$918$514
17 years$1,708$1,430$1,190$987$814$436
18 years$1,597$1,321$1,087$889$724$370
19 years$1,497$1,224$995$803$645$315
20 years$1,407$1,138$913$728$576$269
21 years$1,326$1,060$840$660$516$230
22 years$1,252$989$774$600$462$196
23 years$1,185$925$715$547$415$168
24 years$1,124$867$661$499$373$144
25 years$1,067$814$612$455$336$123
26 years$1,015$765$568$416$302$105
27 years$967$720$527$381$273$90
28 years$923$678$490$349$246$78
29 years$881$640$456$320$222$67
30 years$843$604$425$294$201$57
31 years$807$571$396$270$181$49
32 years$773$540$370$248$164$42
33 years$741$512$345$228$149$36
34 years$712$485$322$210$134$31
35 years$684$460$301$193$122$27
36 years$658$437$282$178$110$23
37 years$633$415$264$164$100$20
38 years$609$394$247$151$91$17
39 years$587$375$232$139$82$15
40 years$566$357$217$129$75$13
41 years$546$339$203$119$68$11
42 years$527$323$191$109$61$9
43 years$509$308$179$101$56$8
44 years$492$294$168$93$51$7
45 years$476$280$158$86$46$6
46 years$460$267$148$80$42$5
47 years$445$255$139$74$38$4
48 years$431$243$131$68$34$4
49 years$417$232$123$63$31$3
50 years$404$222$116$58$28$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $414,000, adding $2,256 every year, while hoping to spend $32,878 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: 60/34/6 Blend
64$414,000$414,000$414,000$414,000
65$458,555$436,613$430,196$485,410
66$470,346$423,025$409,626$490,064
67$482,237$407,670$387,264$491,151
68$494,205$390,425$363,017$491,501
69$506,221$371,163$336,785$491,043
70$518,253$349,747$308,465$489,701
71$530,265$326,035$277,949$487,393
72$542,215$299,874$245,124$484,032
73$554,057$271,104$209,871$479,520
74$565,738$239,555$172,069$473,757
75$577,198$205,048$131,588$466,630
76$588,371$167,394$88,295$458,018
77$599,180$126,391$42,048$447,794
78$609,542$81,830$0$435,816
79$619,362$33,487$0$422,400
80$628,534$0$0$409,819
81$636,941$0$0$402,273
82$644,451$0$0$406,644
83$650,917$0$0$410,306
84$656,176$0$0$413,151
85$660,045$0$0$415,057
86$662,322$0$0$415,889
87$662,783$0$0$415,500
88$661,177$0$0$413,722
89$657,227$0$0$410,372
90$650,626$0$0$405,245
91$641,031$0$0$398,115
92$628,066$0$0$388,732
93$611,310$0$0$376,816
94$590,298$0$0$362,061
95$564,518$0$0$344,126
96$533,400$0$0$322,632
97$496,313$0$0$297,164
98$452,561$0$0$267,259
99$401,374$0$0$232,407
100$341,899$0$0$192,043