Can I retire at age 65 with 461,000?

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 $461,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$38,069$37,730$37,399$37,076$36,761$35,901
2 years$18,846$18,495$18,155$17,825$17,505$16,644
3 years$12,439$12,087$11,747$11,421$11,106$10,270
4 years$9,236$8,885$8,549$8,228$7,921$7,117
5 years$7,315$6,966$6,634$6,320$6,021$5,251
6 years$6,035$5,688$5,362$5,054$4,764$4,029
7 years$5,121$4,777$4,456$4,155$3,875$3,175
8 years$4,435$4,095$3,779$3,486$3,215$2,549
9 years$3,903$3,565$3,255$2,969$2,707$2,076
10 years$3,477$3,143$2,837$2,559$2,307$1,709
11 years$3,128$2,798$2,498$2,227$1,984$1,419
12 years$2,838$2,511$2,217$1,954$1,719$1,186
13 years$2,593$2,269$1,981$1,725$1,499$996
14 years$2,383$2,063$1,780$1,531$1,314$841
15 years$2,201$1,884$1,607$1,365$1,157$712
16 years$2,042$1,729$1,457$1,223$1,023$605
17 years$1,902$1,592$1,326$1,099$907$516
18 years$1,778$1,471$1,210$990$806$440
19 years$1,667$1,364$1,108$895$719$376
20 years$1,567$1,267$1,017$810$642$322
21 years$1,476$1,180$935$735$574$277
22 years$1,395$1,102$862$669$515$237
23 years$1,320$1,030$796$609$462$204
24 years$1,251$965$736$555$415$176
25 years$1,189$906$682$507$374$151
26 years$1,131$851$632$464$337$130
27 years$1,077$801$587$424$304$112
28 years$1,027$755$546$389$274$97
29 years$981$712$508$357$247$83
30 years$938$673$473$327$223$72
31 years$898$636$441$301$202$62
32 years$861$602$411$276$183$54
33 years$826$570$384$254$165$46
34 years$793$540$359$234$150$40
35 years$761$512$336$215$136$34
36 years$732$486$314$198$123$30
37 years$705$462$294$183$111$26
38 years$678$439$275$168$101$22
39 years$654$417$258$155$92$19
40 years$630$397$242$143$83$17
41 years$608$378$227$132$75$14
42 years$587$360$213$122$68$12
43 years$567$343$199$112$62$11
44 years$548$327$187$104$56$9
45 years$530$312$176$96$51$8
46 years$512$297$165$89$46$7
47 years$496$284$155$82$42$6
48 years$480$271$146$76$38$5
49 years$465$259$137$70$35$4
50 years$450$247$129$65$32$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $461,000, adding $4,413 every year, while hoping to spend $25,196 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: 37/34/29 Blend
64$461,000$461,000$461,000$461,000
65$512,574$488,141$480,996$526,967
66$538,048$485,252$470,301$535,129
67$565,276$481,376$458,403$541,337
68$594,411$476,440$445,235$547,564
69$625,618$470,363$430,728$553,831
70$659,082$463,061$414,809$560,160
71$695,003$454,446$397,400$566,577
72$733,602$444,423$378,421$573,116
73$775,121$432,891$357,790$579,813
74$819,826$419,745$335,418$586,715
75$868,008$404,873$311,215$593,871
76$919,989$388,155$285,084$601,343
77$976,120$369,467$256,926$609,199
78$1,036,788$348,675$226,638$617,519
79$1,102,420$325,639$194,109$626,393
80$1,173,482$300,211$159,227$635,925
81$1,250,489$272,233$121,873$646,233
82$1,334,006$241,539$81,923$657,452
83$1,424,654$207,955$39,247$669,733
84$1,523,118$171,294$0$683,249
85$1,630,150$131,361$0$700,143
86$1,746,576$87,949$0$731,772
87$1,873,308$40,839$0$766,274
88$2,011,347$0$0$803,973
89$2,161,795$0$0$849,048
90$2,325,865$0$0$914,925
91$2,504,893$0$0$986,869
92$2,700,348$0$0$1,065,478
93$2,913,848$0$0$1,151,410
94$3,147,174$0$0$1,245,391
95$3,402,287$0$0$1,348,219
96$3,681,345$0$0$1,460,773
97$3,986,727$0$0$1,584,021
98$4,321,048$0$0$1,719,029
99$4,687,192$0$0$1,866,972
100$5,088,333$0$0$2,029,141