Can I retire at age 65 with 855,000?

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 $855,000?

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$70,605$69,976$69,363$68,764$68,179$67,636
2 years$34,953$34,302$33,671$33,059$32,466$31,919
3 years$23,071$22,417$21,787$21,182$20,598$20,063
4 years$17,130$16,479$15,856$15,260$14,691$14,173
5 years$13,567$12,920$12,305$11,721$11,168$10,668
6 years$11,193$10,550$9,944$9,374$8,836$8,356
7 years$9,497$8,860$8,264$7,707$7,186$6,725
8 years$8,226$7,594$7,008$6,465$5,962$5,519
9 years$7,238$6,612$6,036$5,507$5,021$4,597
10 years$6,448$5,828$5,262$4,747$4,278$3,873
11 years$5,802$5,189$4,633$4,131$3,679$3,293
12 years$5,264$4,657$4,112$3,624$3,188$2,820
13 years$4,810$4,209$3,673$3,199$2,780$2,429
14 years$4,420$3,826$3,301$2,840$2,437$2,103
15 years$4,083$3,495$2,980$2,533$2,146$1,829
16 years$3,788$3,206$2,702$2,268$1,897$1,596
17 years$3,528$2,953$2,459$2,037$1,682$1,397
18 years$3,297$2,729$2,244$1,836$1,495$1,226
19 years$3,091$2,529$2,055$1,659$1,333$1,078
20 years$2,906$2,350$1,886$1,503$1,190$950
21 years$2,738$2,189$1,734$1,364$1,065$838
22 years$2,586$2,043$1,599$1,240$955$741
23 years$2,448$1,911$1,476$1,129$857$656
24 years$2,321$1,790$1,365$1,030$770$581
25 years$2,204$1,680$1,264$941$693$515
26 years$2,097$1,579$1,173$860$624$457
27 years$1,998$1,486$1,089$787$563$406
28 years$1,906$1,400$1,012$721$508$361
29 years$1,820$1,321$942$661$459$321
30 years$1,740$1,248$877$607$414$286
31 years$1,666$1,179$818$557$375$254
32 years$1,596$1,116$763$512$339$227
33 years$1,531$1,057$713$471$307$202
34 years$1,470$1,002$666$433$278$180
35 years$1,412$950$622$399$252$160
36 years$1,358$902$582$368$228$143
37 years$1,307$856$545$339$207$128
38 years$1,258$814$510$312$187$114
39 years$1,212$774$478$288$170$102
40 years$1,169$736$448$265$154$91
41 years$1,128$701$420$245$140$81
42 years$1,089$668$394$226$127$72
43 years$1,051$636$370$209$115$64
44 years$1,016$606$347$193$104$58
45 years$982$578$326$178$95$51
46 years$950$552$306$164$86$46
47 years$919$526$288$152$78$41
48 years$890$502$270$140$71$37
49 years$862$480$254$130$64$33
50 years$835$458$239$120$59$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $855,000, adding $5,411 every year, while hoping to spend $30,346 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: 39/35/26 Blend
64$855,000$855,000$855,000$855,000
65$947,791$902,476$889,224$977,263
66$1,012,178$914,410$886,725$1,011,131
67$1,082,115$925,911$883,125$1,044,511
68$1,158,137$936,927$878,356$1,080,015
69$1,240,831$947,400$872,345$1,117,856
70$1,330,843$957,270$865,016$1,158,269
71$1,428,885$966,472$856,290$1,201,515
72$1,535,740$974,938$846,084$1,247,883
73$1,652,269$982,593$834,311$1,297,692
74$1,779,420$989,360$820,880$1,351,298
75$1,918,237$995,155$805,696$1,409,091
76$2,069,869$999,889$788,658$1,471,508
77$2,235,580$1,003,468$769,663$1,539,028
78$2,416,764$1,005,792$748,601$1,612,185
79$2,614,952$1,006,755$725,358$1,691,567
80$2,831,834$1,006,242$699,814$1,777,826
81$3,069,267$1,004,134$671,844$1,871,684
82$3,329,299$1,000,304$641,318$1,973,937
83$3,614,184$994,615$608,098$2,085,470
84$3,926,404$986,924$572,042$2,207,256
85$4,268,693$977,079$533,001$2,340,377
86$4,644,062$964,918$490,819$2,486,023
87$5,055,827$950,270$445,333$2,645,515
88$5,507,642$932,954$396,372$2,820,310
89$6,003,529$912,777$343,758$3,012,019
90$6,547,921$889,535$287,307$3,222,422
91$7,145,701$863,014$226,823$3,453,486
92$7,802,245$832,985$162,104$3,707,385
93$8,523,480$799,206$92,940$3,986,520
94$9,315,930$761,422$19,109$4,293,542
95$10,186,786$719,364$0$4,631,381
96$11,143,970$672,744$0$5,019,828
97$12,196,208$621,261$0$5,452,633
98$13,353,113$564,595$0$5,928,503
99$14,625,280$502,409$0$6,451,866
100$16,024,376$434,345$0$7,027,606