Can I retire at age 65 with 579,000?

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 $579,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$47,813$47,387$46,972$46,566$46,170$45,593
2 years$23,670$23,229$22,802$22,388$21,986$21,405
3 years$15,623$15,180$14,754$14,344$13,949$13,383
4 years$11,601$11,159$10,737$10,334$9,948$9,401
5 years$9,188$8,749$8,333$7,938$7,563$7,036
6 years$7,580$7,144$6,734$6,348$5,984$5,478
7 years$6,431$6,000$5,596$5,219$4,867$4,382
8 years$5,571$5,143$4,746$4,378$4,037$3,574
9 years$4,902$4,478$4,088$3,729$3,400$2,958
10 years$4,367$3,947$3,564$3,214$2,897$2,475
11 years$3,929$3,514$3,137$2,798$2,491$2,090
12 years$3,565$3,154$2,784$2,454$2,159$1,778
13 years$3,257$2,850$2,488$2,166$1,883$1,521
14 years$2,993$2,591$2,235$1,923$1,650$1,307
15 years$2,765$2,367$2,018$1,715$1,453$1,128
16 years$2,565$2,171$1,830$1,536$1,284$977
17 years$2,389$2,000$1,665$1,380$1,139$848
18 years$2,233$1,848$1,520$1,243$1,013$739
19 years$2,093$1,713$1,391$1,124$902$644
20 years$1,968$1,591$1,277$1,018$806$563
21 years$1,854$1,482$1,175$924$721$493
22 years$1,751$1,384$1,082$840$647$432
23 years$1,658$1,294$999$765$580$379
24 years$1,572$1,212$924$697$522$333
25 years$1,493$1,138$856$637$469$293
26 years$1,420$1,069$794$582$423$258
27 years$1,353$1,006$737$533$381$227
28 years$1,290$948$685$488$344$200
29 years$1,233$895$638$448$311$176
30 years$1,179$845$594$411$281$156
31 years$1,128$799$554$378$254$137
32 years$1,081$756$517$347$230$121
33 years$1,037$716$483$319$208$107
34 years$995$678$451$294$188$94
35 years$956$643$422$270$170$83
36 years$920$611$394$249$154$74
37 years$885$580$369$229$140$65
38 years$852$551$346$211$127$58
39 years$821$524$324$195$115$51
40 years$792$499$304$180$104$45
41 years$764$475$285$166$95$40
42 years$737$452$267$153$86$35
43 years$712$431$251$141$78$31
44 years$688$411$235$130$71$28
45 years$665$392$221$120$64$24
46 years$643$374$207$111$58$22
47 years$622$356$195$103$53$19
48 years$603$340$183$95$48$17
49 years$584$325$172$88$44$15
50 years$565$310$162$81$40$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $579,000, adding $4,983 every year, while hoping to spend $43,716 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: 54/36/10 Blend
64$579,000$579,000$579,000$579,000
65$643,198$612,511$603,536$676,047
66$662,291$596,011$577,241$682,390
67$681,866$577,236$548,600$684,100
68$701,926$556,031$517,489$684,929
69$722,473$532,228$483,775$684,801
70$743,509$505,650$447,325$683,637
71$765,031$476,111$407,995$681,351
72$787,038$443,414$365,636$677,852
73$809,524$407,350$320,093$673,041
74$832,484$367,698$271,205$666,815
75$855,907$324,225$218,800$659,064
76$879,783$276,686$162,703$649,669
77$904,097$224,819$102,730$638,504
78$928,829$168,350$38,686$625,435
79$953,959$106,988$0$610,318
80$979,458$40,426$0$596,164
81$1,005,297$0$0$584,256
82$1,031,439$0$0$582,853
83$1,057,840$0$0$597,590
84$1,084,452$0$0$612,421
85$1,111,218$0$0$627,312
86$1,138,073$0$0$642,223
87$1,164,942$0$0$657,109
88$1,191,742$0$0$671,920
89$1,218,377$0$0$686,596
90$1,244,739$0$0$701,072
91$1,270,705$0$0$715,275
92$1,296,138$0$0$729,122
93$1,320,884$0$0$742,519
94$1,344,768$0$0$755,361
95$1,367,598$0$0$767,533
96$1,389,154$0$0$778,902
97$1,409,194$0$0$789,323
98$1,427,446$0$0$798,633
99$1,443,607$0$0$806,650
100$1,457,339$0$0$813,170