Can I retire at age 65 with 454,000?

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 $454,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$37,491$37,157$36,831$36,513$36,203$35,618
2 years$18,560$18,214$17,879$17,554$17,239$16,651
3 years$12,250$11,903$11,569$11,247$10,937$10,365
4 years$9,096$8,750$8,419$8,103$7,801$7,248
5 years$7,204$6,860$6,534$6,224$5,930$5,399
6 years$5,943$5,602$5,280$4,977$4,692$4,183
7 years$5,043$4,704$4,388$4,092$3,816$3,330
8 years$4,368$4,033$3,721$3,433$3,166$2,701
9 years$3,843$3,511$3,205$2,924$2,666$2,224
10 years$3,424$3,095$2,794$2,520$2,272$1,851
11 years$3,081$2,755$2,460$2,194$1,954$1,554
12 years$2,795$2,473$2,183$1,924$1,693$1,314
13 years$2,554$2,235$1,951$1,699$1,476$1,118
14 years$2,347$2,031$1,753$1,508$1,294$955
15 years$2,168$1,856$1,582$1,345$1,139$819
16 years$2,011$1,703$1,435$1,204$1,007$705
17 years$1,873$1,568$1,305$1,082$893$608
18 years$1,751$1,449$1,192$975$794$526
19 years$1,641$1,343$1,091$881$708$456
20 years$1,543$1,248$1,001$798$632$396
21 years$1,454$1,162$921$724$566$344
22 years$1,373$1,085$849$658$507$300
23 years$1,300$1,015$784$600$455$261
24 years$1,232$951$725$547$409$228
25 years$1,170$892$671$499$368$199
26 years$1,113$839$623$457$332$174
27 years$1,061$789$578$418$299$152
28 years$1,012$744$537$383$270$133
29 years$966$702$500$351$244$116
30 years$924$663$466$322$220$102
31 years$885$626$434$296$199$89
32 years$848$593$405$272$180$78
33 years$813$561$378$250$163$68
34 years$781$532$354$230$147$60
35 years$750$504$331$212$134$53
36 years$721$479$309$195$121$46
37 years$694$455$289$180$110$40
38 years$668$432$271$166$99$35
39 years$644$411$254$153$90$31
40 years$621$391$238$141$82$27
41 years$599$372$223$130$74$24
42 years$578$354$209$120$67$21
43 years$558$338$196$111$61$18
44 years$539$322$184$102$55$16
45 years$521$307$173$94$50$14
46 years$504$293$163$87$46$12
47 years$488$279$153$81$42$11
48 years$472$267$144$74$38$10
49 years$458$255$135$69$34$8
50 years$443$243$127$64$31$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $454,000, adding $4,664 every year, while hoping to spend $33,905 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: 25/50/25 Blend
64$454,000$454,000$454,000$454,000
65$505,119$481,057$474,020$513,669
66$520,566$468,554$453,825$508,536
67$536,453$454,302$431,817$499,817
68$552,788$438,180$407,900$489,750
69$569,580$420,058$381,972$478,243
70$586,838$399,802$353,929$465,200
71$604,570$377,266$323,660$450,520
72$622,783$352,300$291,049$434,094
73$641,486$324,741$255,978$415,811
74$660,684$294,420$218,320$395,549
75$680,384$261,156$177,944$373,182
76$700,591$224,761$134,713$348,578
77$721,309$185,033$88,484$321,595
78$742,543$141,760$39,109$292,084
79$764,294$94,717$0$259,888
80$786,563$43,669$0$228,465
81$809,349$0$0$205,384
82$832,649$0$0$186,466
83$856,460$0$0$191,674
84$880,774$0$0$196,977
85$905,583$0$0$202,373
86$930,873$0$0$207,857
87$956,630$0$0$213,422
88$982,835$0$0$219,062
89$1,009,464$0$0$224,770
90$1,036,490$0$0$230,535
91$1,063,882$0$0$236,349
92$1,091,599$0$0$242,197
93$1,119,599$0$0$248,067
94$1,147,829$0$0$253,943
95$1,176,231$0$0$259,805
96$1,204,736$0$0$265,635
97$1,233,268$0$0$271,408
98$1,261,738$0$0$277,098
99$1,290,046$0$0$282,676
100$1,318,079$0$0$288,108