Can I retire at age 65 with 543,000?

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 $543,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$44,840$44,441$44,051$43,671$43,300$42,830
2 years$22,198$21,785$21,384$20,996$20,619$20,146
3 years$14,652$14,237$13,837$13,452$13,081$12,620
4 years$10,879$10,465$10,070$9,691$9,330$8,883
5 years$8,616$8,205$7,815$7,444$7,092$6,662
6 years$7,108$6,700$6,315$5,953$5,612$5,198
7 years$6,032$5,627$5,248$4,894$4,564$4,167
8 years$5,224$4,823$4,451$4,106$3,786$3,407
9 years$4,597$4,199$3,833$3,497$3,189$2,826
10 years$4,095$3,702$3,342$3,015$2,717$2,371
11 years$3,685$3,295$2,942$2,624$2,337$2,007
12 years$3,343$2,958$2,611$2,301$2,025$1,711
13 years$3,054$2,673$2,333$2,032$1,766$1,468
14 years$2,807$2,430$2,096$1,803$1,548$1,265
15 years$2,593$2,219$1,893$1,608$1,363$1,095
16 years$2,406$2,036$1,716$1,440$1,204$951
17 years$2,241$1,875$1,561$1,294$1,068$828
18 years$2,094$1,733$1,425$1,166$950$723
19 years$1,963$1,606$1,305$1,054$846$632
20 years$1,845$1,492$1,198$954$756$554
21 years$1,739$1,390$1,101$866$677$487
22 years$1,643$1,298$1,015$787$606$428
23 years$1,555$1,214$937$717$544$377
24 years$1,474$1,137$867$654$489$332
25 years$1,400$1,067$803$597$440$293
26 years$1,332$1,003$745$546$397$258
27 years$1,269$944$691$500$358$228
28 years$1,210$889$643$458$323$202
29 years$1,156$839$598$420$291$178
30 years$1,105$792$557$386$263$158
31 years$1,058$749$519$354$238$140
32 years$1,014$709$485$325$215$124
33 years$972$671$453$299$195$110
34 years$934$636$423$275$176$97
35 years$897$603$395$253$160$86
36 years$862$573$370$233$145$76
37 years$830$544$346$215$131$68
38 years$799$517$324$198$119$60
39 years$770$492$304$183$108$53
40 years$742$468$285$169$98$47
41 years$716$445$267$156$89$42
42 years$691$424$250$144$81$37
43 years$668$404$235$133$73$33
44 years$645$385$221$122$66$29
45 years$624$367$207$113$60$26
46 years$603$350$194$104$55$23
47 years$584$334$183$96$50$20
48 years$565$319$172$89$45$18
49 years$547$305$161$82$41$16
50 years$530$291$152$76$37$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $543,000, adding $2,690 every year, while hoping to spend $29,141 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: 67/21/12 Blend
64$543,000$543,000$543,000$543,000
65$601,161$572,382$563,965$639,665
66$631,473$569,423$551,852$662,683
67$663,901$565,342$538,357$684,134
68$698,629$560,054$523,402$706,839
69$735,860$553,467$506,907$730,917
70$775,817$545,486$488,787$756,502
71$818,743$536,008$468,955$783,741
72$864,908$524,925$447,317$812,795
73$914,605$512,123$423,779$843,846
74$968,158$497,480$398,238$877,093
75$1,025,921$480,868$370,591$912,757
76$1,088,285$462,150$340,725$951,082
77$1,155,678$441,184$308,528$992,340
78$1,228,571$417,816$273,878$1,036,829
79$1,307,483$391,886$236,650$1,084,880
80$1,392,982$363,224$196,713$1,136,861
81$1,485,694$331,650$153,931$1,193,178
82$1,586,308$296,974$108,161$1,254,278
83$1,695,579$258,994$59,253$1,320,658
84$1,814,342$217,498$7,051$1,392,867
85$1,943,512$172,263$0$1,471,512
86$2,084,097$123,050$0$1,563,493
87$2,237,205$69,609$0$1,664,692
88$2,404,056$11,677$0$1,775,046
89$2,585,995$0$0$1,895,485
90$2,784,497$0$0$2,038,828
91$3,001,192$0$0$2,198,284
92$3,237,868$0$0$2,372,476
93$3,496,498$0$0$2,562,861
94$3,779,251$0$0$2,771,038
95$4,088,518$0$0$2,998,773
96$4,426,929$0$0$3,248,008
97$4,797,382$0$0$3,520,880
98$5,203,066$0$0$3,819,744
99$5,647,495$0$0$4,147,195
100$6,134,539$0$0$4,506,087