Can I retire at age 65 with 805,000?

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 $805,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$66,476$65,884$65,306$64,742$64,192$62,513
2 years$32,909$32,296$31,702$31,126$30,568$28,888
3 years$21,721$21,106$20,513$19,943$19,393$17,765
4 years$16,129$15,515$14,928$14,368$13,831$12,267
5 years$12,774$12,164$11,585$11,036$10,514$9,018
6 years$10,538$9,933$9,362$8,825$8,320$6,893
7 years$8,942$8,342$7,780$7,256$6,766$5,410
8 years$7,745$7,150$6,598$6,087$5,613$4,326
9 years$6,815$6,226$5,683$5,185$4,727$3,508
10 years$6,071$5,488$4,955$4,469$4,028$2,875
11 years$5,463$4,885$4,362$3,889$3,464$2,376
12 years$4,956$4,385$3,871$3,412$3,002$1,977
13 years$4,528$3,963$3,459$3,012$2,618$1,653
14 years$4,162$3,602$3,108$2,674$2,295$1,389
15 years$3,844$3,290$2,806$2,384$2,020$1,171
16 years$3,566$3,019$2,544$2,135$1,786$990
17 years$3,322$2,780$2,315$1,918$1,583$839
18 years$3,105$2,569$2,113$1,729$1,408$713
19 years$2,910$2,381$1,934$1,562$1,255$606
20 years$2,736$2,213$1,775$1,415$1,121$517
21 years$2,578$2,061$1,633$1,284$1,003$441
22 years$2,435$1,924$1,505$1,167$899$376
23 years$2,305$1,799$1,390$1,063$807$322
24 years$2,185$1,686$1,285$970$725$275
25 years$2,075$1,582$1,190$886$653$235
26 years$1,974$1,487$1,104$810$588$202
27 years$1,881$1,399$1,025$741$530$173
28 years$1,794$1,319$953$679$478$148
29 years$1,714$1,244$887$623$432$127
30 years$1,639$1,175$826$572$390$109
31 years$1,569$1,110$770$525$353$93
32 years$1,503$1,051$719$482$319$80
33 years$1,442$995$671$444$289$69
34 years$1,384$943$627$408$261$59
35 years$1,330$895$586$376$237$51
36 years$1,279$849$548$346$215$43
37 years$1,230$806$513$319$194$37
38 years$1,185$766$481$294$176$32
39 years$1,141$729$450$271$160$28
40 years$1,101$693$422$250$145$24
41 years$1,062$660$396$231$132$20
42 years$1,025$629$371$213$119$17
43 years$990$599$348$196$108$15
44 years$956$571$327$181$98$13
45 years$925$544$307$168$89$11
46 years$894$519$288$155$81$9
47 years$865$496$271$143$74$8
48 years$838$473$255$132$67$7
49 years$811$452$239$122$61$6
50 years$786$432$225$113$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $805,000, adding $4,522 every year, while hoping to spend $31,035 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: 59/20/21 Blend
64$805,000$805,000$805,000$805,000
65$891,774$849,109$836,632$939,176
66$949,714$857,695$831,638$980,467
67$1,012,524$865,661$825,437$1,021,710
68$1,080,668$872,944$817,955$1,066,003
69$1,154,655$879,477$809,116$1,113,645
70$1,235,047$885,189$798,839$1,164,971
71$1,322,462$890,004$787,040$1,220,346
72$1,417,579$893,839$773,631$1,280,177
73$1,521,144$896,610$758,520$1,344,911
74$1,633,981$898,224$741,611$1,415,044
75$1,756,994$898,584$722,802$1,491,121
76$1,891,180$897,587$701,988$1,573,745
77$2,037,634$895,122$679,058$1,663,582
78$2,197,563$891,074$653,897$1,761,367
79$2,372,296$885,318$626,384$1,867,912
80$2,563,294$877,723$596,392$1,984,113
81$2,772,169$868,150$563,791$2,110,959
82$3,000,693$856,453$528,440$2,249,542
83$3,250,818$842,473$490,197$2,401,067
84$3,524,694$826,046$448,911$2,566,864
85$3,824,687$806,997$404,423$2,748,401
86$4,153,404$785,138$356,571$2,947,299
87$4,513,716$760,275$305,181$3,165,346
88$4,908,785$732,199$250,074$3,404,515
89$5,342,093$700,688$191,064$3,666,984
90$5,817,476$665,511$127,954$3,955,154
91$6,339,158$626,421$60,540$4,271,678
92$6,911,793$583,157$0$4,619,480
93$7,540,508$535,443$0$5,004,341
94$8,230,948$482,988$0$5,441,910
95$8,989,334$425,484$0$5,922,586
96$9,822,519$362,605$0$6,450,756
97$10,738,051$294,008$0$7,031,256
98$11,744,247$219,329$0$7,669,416
99$12,850,269$138,185$0$8,371,112
100$14,066,210$50,170$0$9,142,822