Can I retire at age 65 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$66,063$65,475$64,901$64,340$63,793$63,285
2 years$32,705$32,095$31,505$30,933$30,378$29,866
3 years$21,586$20,975$20,386$19,819$19,273$18,772
4 years$16,029$15,419$14,836$14,278$13,746$13,261
5 years$12,695$12,088$11,513$10,967$10,449$9,981
6 years$10,473$9,871$9,304$8,771$8,268$7,818
7 years$8,886$8,290$7,732$7,211$6,724$6,292
8 years$7,697$7,106$6,557$6,049$5,578$5,164
9 years$6,773$6,187$5,648$5,152$4,698$4,301
10 years$6,033$5,453$4,924$4,441$4,003$3,624
11 years$5,429$4,855$4,335$3,865$3,442$3,081
12 years$4,926$4,357$3,847$3,390$2,983$2,638
13 years$4,500$3,938$3,437$2,993$2,601$2,273
14 years$4,136$3,579$3,088$2,657$2,280$1,968
15 years$3,820$3,270$2,788$2,370$2,008$1,711
16 years$3,544$3,000$2,528$2,122$1,775$1,493
17 years$3,301$2,763$2,300$1,906$1,573$1,307
18 years$3,085$2,553$2,100$1,718$1,399$1,147
19 years$2,892$2,366$1,922$1,552$1,247$1,008
20 years$2,719$2,199$1,764$1,406$1,114$889
21 years$2,562$2,048$1,623$1,276$997$784
22 years$2,420$1,912$1,496$1,160$893$693
23 years$2,290$1,788$1,381$1,057$802$613
24 years$2,172$1,675$1,277$964$721$543
25 years$2,063$1,572$1,183$880$649$482
26 years$1,962$1,478$1,097$805$584$428
27 years$1,869$1,391$1,019$737$527$380
28 years$1,783$1,310$947$675$475$338
29 years$1,703$1,236$881$619$429$300
30 years$1,628$1,167$821$568$388$267
31 years$1,559$1,104$765$522$351$238
32 years$1,494$1,044$714$479$317$212
33 years$1,433$989$667$441$287$189
34 years$1,375$937$623$406$260$168
35 years$1,321$889$582$373$235$150
36 years$1,271$844$545$344$213$134
37 years$1,223$801$510$317$193$119
38 years$1,177$762$478$292$175$107
39 years$1,134$724$447$269$159$95
40 years$1,094$689$419$248$144$85
41 years$1,055$656$393$229$131$76
42 years$1,019$625$369$211$119$68
43 years$984$595$346$195$108$60
44 years$951$567$325$180$98$54
45 years$919$541$305$166$89$48
46 years$889$516$287$154$81$43
47 years$860$492$269$142$73$38
48 years$833$470$253$131$66$34
49 years$806$449$238$121$60$31
50 years$781$429$224$112$55$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $800,000, adding $5,511 every year, while hoping to spend $37,678 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: 53/20/27 Blend
64$800,000$800,000$800,000$800,000
65$887,285$844,885$832,485$927,370
66$937,699$846,195$820,284$957,023
67$991,992$846,306$806,411$984,978
68$1,050,521$845,121$790,772$1,014,644
69$1,113,676$842,534$773,264$1,046,200
70$1,181,886$838,434$753,785$1,079,845
71$1,255,625$832,704$732,223$1,115,798
72$1,335,411$825,218$708,464$1,154,304
73$1,421,813$815,844$682,388$1,195,637
74$1,515,460$804,442$653,870$1,240,096
75$1,617,040$790,863$622,778$1,288,018
76$1,727,312$774,949$588,975$1,339,774
77$1,847,109$756,533$552,317$1,395,776
78$1,977,350$735,439$512,655$1,456,481
79$2,119,043$711,479$469,833$1,522,395
80$2,273,299$684,455$423,686$1,594,081
81$2,441,340$654,158$374,043$1,672,160
82$2,624,510$620,365$320,727$1,757,322
83$2,824,289$582,842$263,551$1,850,329
84$3,042,306$541,341$202,319$1,952,027
85$3,280,354$495,599$136,829$2,063,351
86$3,540,407$445,340$66,870$2,185,336
87$3,824,636$390,269$0$2,319,130
88$4,135,435$330,079$0$2,468,243
89$4,475,437$264,440$0$2,652,539
90$4,847,543$193,008$0$2,854,353
91$5,254,944$115,418$0$3,075,473
92$5,701,159$31,284$0$3,317,873
93$6,190,059$0$0$3,583,727
94$6,725,910$0$0$3,888,598
95$7,313,408$0$0$4,230,480
96$7,957,726$0$0$4,605,510
97$8,664,563$0$0$5,017,013
98$9,440,195$0$0$5,468,655
99$10,291,534$0$0$5,964,471
100$11,226,196$0$0$6,508,908