Can I retire at age 65 with 925,000?

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 $925,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$76,386$75,705$75,041$74,393$73,761$71,172
2 years$37,815$37,110$36,428$35,766$35,124$32,543
3 years$24,959$24,252$23,571$22,916$22,284$19,792
4 years$18,533$17,828$17,154$16,509$15,893$13,509
5 years$14,678$13,977$13,312$12,681$12,082$9,812
6 years$12,109$11,413$10,758$10,141$9,560$7,406
7 years$10,275$9,585$8,940$8,337$7,775$5,736
8 years$8,900$8,216$7,582$6,994$6,450$4,525
9 years$7,831$7,154$6,530$5,957$5,432$3,619
10 years$6,976$6,306$5,693$5,135$4,628$2,923
11 years$6,277$5,613$5,012$4,469$3,980$2,380
12 years$5,695$5,038$4,448$3,920$3,449$1,950
13 years$5,203$4,553$3,974$3,461$3,008$1,606
14 years$4,782$4,139$3,571$3,072$2,637$1,328
15 years$4,417$3,781$3,224$2,740$2,322$1,101
16 years$4,098$3,469$2,923$2,453$2,052$916
17 years$3,817$3,195$2,660$2,204$1,819$763
18 years$3,567$2,952$2,428$1,986$1,618$637
19 years$3,344$2,736$2,223$1,795$1,442$533
20 years$3,144$2,542$2,040$1,626$1,288$446
21 years$2,963$2,368$1,876$1,475$1,152$374
22 years$2,798$2,211$1,729$1,341$1,033$314
23 years$2,648$2,067$1,597$1,222$927$263
24 years$2,511$1,937$1,477$1,114$833$221
25 years$2,385$1,818$1,368$1,018$750$186
26 years$2,269$1,708$1,269$930$676$156
27 years$2,161$1,608$1,178$852$609$131
28 years$2,062$1,515$1,095$780$550$110
29 years$1,969$1,429$1,019$716$496$93
30 years$1,883$1,350$949$657$448$78
31 years$1,802$1,276$885$603$405$66
32 years$1,727$1,207$826$554$367$55
33 years$1,657$1,143$771$510$332$47
34 years$1,590$1,084$720$469$300$39
35 years$1,528$1,028$673$432$272$33
36 years$1,469$976$630$398$247$28
37 years$1,414$927$590$366$223$23
38 years$1,361$881$552$338$203$20
39 years$1,312$837$517$311$184$17
40 years$1,265$797$485$287$167$14
41 years$1,220$758$455$265$151$12
42 years$1,178$722$426$245$137$10
43 years$1,137$688$400$226$125$8
44 years$1,099$656$376$208$113$7
45 years$1,062$626$353$192$103$6
46 years$1,028$597$331$178$93$5
47 years$994$569$311$164$85$4
48 years$963$544$292$152$77$4
49 years$932$519$275$140$70$3
50 years$903$496$258$130$63$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $925,000, adding $3,596 every year, while hoping to spend $23,289 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: 59/16/25 Blend
64$925,000$925,000$925,000$925,000
65$1,023,059$974,034$959,697$1,076,333
66$1,102,632$996,983$967,067$1,136,002
67$1,189,541$1,020,275$973,904$1,198,244
68$1,284,509$1,043,903$980,165$1,265,635
69$1,388,333$1,067,859$985,805$1,338,681
70$1,501,891$1,092,132$990,777$1,417,938
71$1,626,148$1,116,711$995,033$1,504,020
72$1,762,168$1,141,582$998,519$1,597,602
73$1,911,122$1,166,732$1,001,182$1,699,430
74$2,074,299$1,192,145$1,002,964$1,810,324
75$2,253,119$1,217,803$1,003,806$1,931,190
76$2,449,148$1,243,685$1,003,644$2,063,025
77$2,664,107$1,269,772$1,002,412$2,206,929
78$2,899,895$1,296,039$1,000,041$2,364,113
79$3,158,600$1,322,461$996,458$2,535,913
80$3,442,524$1,349,009$991,587$2,723,802
81$3,754,205$1,375,653$985,348$2,929,402
82$4,096,433$1,402,360$977,657$3,154,502
83$4,472,287$1,429,093$968,426$3,401,075
84$4,885,156$1,455,814$957,564$3,671,293
85$5,338,773$1,482,480$944,973$3,967,553
86$5,837,252$1,509,046$930,554$4,292,494
87$6,385,124$1,535,462$914,200$4,649,029
88$6,987,382$1,561,675$895,801$5,040,366
89$7,649,526$1,587,628$875,242$5,470,041
90$8,377,617$1,613,260$852,401$5,941,952
91$9,178,329$1,638,505$827,152$6,460,398
92$10,059,019$1,663,293$799,362$7,030,115
93$11,027,791$1,687,546$768,893$7,656,323
94$12,093,575$1,711,185$735,600$8,344,777
95$13,266,208$1,734,122$699,331$9,101,821
96$14,556,531$1,756,264$659,929$9,934,446
97$15,976,488$1,777,512$617,227$10,850,358
98$17,539,240$1,797,759$571,054$11,858,052
99$19,259,286$1,816,893$521,228$12,966,890
100$21,152,605$1,834,793$467,561$14,187,192