Can I retire at age 65 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$70,357$69,731$69,119$68,522$67,940$66,378
2 years$34,830$34,182$33,553$32,943$32,352$30,788
3 years$22,990$22,338$21,711$21,107$20,526$19,007
4 years$17,070$16,421$15,800$15,207$14,639$13,178
5 years$13,520$12,874$12,262$11,680$11,128$9,729
6 years$11,153$10,513$9,909$9,341$8,805$7,469
7 years$9,464$8,829$8,235$7,679$7,161$5,888
8 years$8,197$7,568$6,984$6,442$5,941$4,730
9 years$7,213$6,589$6,015$5,487$5,003$3,854
10 years$6,425$5,808$5,244$4,730$4,263$3,175
11 years$5,782$5,170$4,617$4,117$3,666$2,637
12 years$5,246$4,641$4,097$3,611$3,177$2,206
13 years$4,793$4,194$3,661$3,188$2,770$1,855
14 years$4,405$3,812$3,289$2,830$2,429$1,566
15 years$4,068$3,482$2,970$2,524$2,138$1,328
16 years$3,775$3,195$2,692$2,260$1,890$1,129
17 years$3,516$2,943$2,450$2,030$1,676$963
18 years$3,286$2,719$2,236$1,830$1,490$822
19 years$3,080$2,520$2,047$1,653$1,328$704
20 years$2,896$2,342$1,879$1,497$1,186$603
21 years$2,729$2,181$1,728$1,359$1,062$518
22 years$2,577$2,036$1,593$1,236$951$445
23 years$2,439$1,904$1,471$1,125$854$383
24 years$2,313$1,784$1,360$1,026$768$329
25 years$2,197$1,674$1,260$937$691$284
26 years$2,090$1,574$1,168$857$622$245
27 years$1,991$1,481$1,085$784$561$211
28 years$1,899$1,396$1,009$719$506$182
29 years$1,814$1,317$939$659$457$157
30 years$1,734$1,243$874$605$413$136
31 years$1,660$1,175$815$556$373$117
32 years$1,591$1,112$760$511$338$101
33 years$1,526$1,053$710$469$306$87
34 years$1,465$998$663$432$277$75
35 years$1,407$947$620$398$251$65
36 years$1,353$899$580$366$227$56
37 years$1,302$853$543$337$206$49
38 years$1,254$811$509$311$187$42
39 years$1,208$771$476$287$169$36
40 years$1,165$734$447$265$154$31
41 years$1,124$699$419$244$139$27
42 years$1,085$665$393$225$126$24
43 years$1,048$634$369$208$115$20
44 years$1,012$604$346$192$104$18
45 years$979$576$325$177$95$15
46 years$947$550$305$164$86$13
47 years$916$525$287$151$78$11
48 years$887$501$269$140$71$10
49 years$859$478$253$129$64$9
50 years$832$457$238$119$58$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $852,000, adding $5,875 every year, while hoping to spend $46,048 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: 38/47/15 Blend
64$852,000$852,000$852,000$852,000
65$944,964$899,808$886,602$976,386
66$992,356$894,904$867,309$994,501
67$1,043,038$888,216$845,825$1,009,201
68$1,097,298$879,609$822,030$1,024,096
69$1,155,450$868,938$795,796$1,039,230
70$1,217,840$856,050$766,990$1,054,649
71$1,284,847$840,783$735,471$1,070,413
72$1,356,886$822,966$701,094$1,086,587
73$1,434,414$802,417$663,706$1,103,249
74$1,517,932$778,944$623,148$1,120,491
75$1,607,991$752,342$579,254$1,138,416
76$1,705,197$722,397$531,849$1,157,145
77$1,810,212$688,880$480,751$1,176,816
78$1,923,768$651,550$425,771$1,197,585
79$2,046,668$610,151$366,710$1,219,634
80$2,179,794$564,414$303,361$1,243,166
81$2,324,116$514,054$235,507$1,268,413
82$2,480,702$458,768$162,922$1,295,639
83$2,650,724$398,238$85,370$1,325,142
84$2,835,474$332,128$2,606$1,357,257
85$3,036,372$260,081$0$1,392,366
86$3,254,978$181,722$0$1,444,613
87$3,493,013$96,653$0$1,502,098
88$3,752,367$4,456$0$1,564,988
89$4,035,122$0$0$1,633,936
90$4,343,569$0$0$1,758,966
91$4,680,228$0$0$1,898,057
92$5,047,875$0$0$2,050,065
93$5,449,565$0$0$2,216,268
94$5,888,663$0$0$2,398,072
95$6,368,870$0$0$2,597,026
96$6,894,265$0$0$2,814,835
97$7,469,337$0$0$3,053,378
98$8,099,029$0$0$3,314,721
99$8,788,787$0$0$3,601,144
100$9,544,605$0$0$3,915,154