Can I retire at age 59 with 436,000?

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 $436,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$36,004$35,684$35,371$35,065$34,767$33,401
2 years$17,824$17,492$17,170$16,858$16,556$15,196
3 years$11,765$11,431$11,110$10,801$10,504$9,193
4 years$8,736$8,403$8,085$7,782$7,491$6,240
5 years$6,919$6,588$6,275$5,977$5,695$4,506
6 years$5,708$5,380$5,071$4,780$4,506$3,381
7 years$4,843$4,518$4,214$3,930$3,665$2,602
8 years$4,195$3,873$3,574$3,297$3,040$2,039
9 years$3,691$3,372$3,078$2,808$2,560$1,620
10 years$3,288$2,972$2,684$2,421$2,181$1,299
11 years$2,959$2,646$2,363$2,107$1,876$1,051
12 years$2,684$2,375$2,097$1,848$1,626$855
13 years$2,453$2,146$1,873$1,631$1,418$698
14 years$2,254$1,951$1,683$1,448$1,243$573
15 years$2,082$1,782$1,520$1,291$1,094$471
16 years$1,932$1,635$1,378$1,156$967$389
17 years$1,799$1,506$1,254$1,039$858$322
18 years$1,681$1,391$1,144$936$762$266
19 years$1,576$1,290$1,048$846$680$221
20 years$1,482$1,198$962$766$607$183
21 years$1,396$1,116$884$695$543$152
22 years$1,319$1,042$815$632$487$127
23 years$1,248$974$753$576$437$105
24 years$1,184$913$696$525$393$88
25 years$1,124$857$645$480$354$73
26 years$1,069$805$598$439$318$61
27 years$1,019$758$555$401$287$51
28 years$972$714$516$368$259$42
29 years$928$674$480$337$234$35
30 years$888$636$447$310$211$29
31 years$850$601$417$284$191$25
32 years$814$569$389$261$173$20
33 years$781$539$363$240$156$17
34 years$750$511$340$221$142$14
35 years$720$484$317$203$128$12
36 years$692$460$297$187$116$10
37 years$666$437$278$173$105$8
38 years$642$415$260$159$96$7
39 years$618$395$244$147$87$6
40 years$596$376$229$135$79$5
41 years$575$357$214$125$71$4
42 years$555$340$201$115$65$3
43 years$536$324$189$106$59$3
44 years$518$309$177$98$53$2
45 years$501$295$166$91$48$2
46 years$484$281$156$84$44$2
47 years$469$268$147$77$40$1
48 years$454$256$138$72$36$1
49 years$439$245$130$66$33$1
50 years$426$234$122$61$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $436,000, adding $5,742 every year, while hoping to spend $34,260 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: 48/33/19 Blend
58$436,000$436,000$436,000$436,000
59$486,395$463,287$456,529$506,882
60$499,555$449,536$435,370$507,958
61$512,909$433,962$412,354$505,193
62$526,440$416,441$387,383$501,467
63$540,131$396,840$360,354$496,703
64$553,957$375,018$331,159$490,819
65$567,894$350,827$299,686$483,730
66$581,911$324,110$265,817$475,341
67$595,975$294,701$229,431$465,554
68$610,047$262,423$190,400$454,262
69$624,083$227,093$148,589$441,351
70$638,032$188,514$103,860$426,699
71$651,838$146,478$56,066$410,178
72$665,438$100,767$5,057$391,647
73$678,759$51,151$0$370,957
74$691,720$0$0$357,960
75$704,230$0$0$345,168
76$716,188$0$0$350,632
77$727,480$0$0$355,717
78$737,979$0$0$360,354
79$747,541$0$0$364,466
80$756,009$0$0$367,971
81$763,205$0$0$370,771
82$768,933$0$0$372,764
83$772,974$0$0$373,831
84$775,083$0$0$373,843
85$774,990$0$0$372,656
86$772,395$0$0$370,108
87$766,963$0$0$366,024
88$758,325$0$0$360,205
89$746,069$0$0$352,433
90$729,740$0$0$342,466
91$708,834$0$0$330,036
92$682,792$0$0$314,847
93$650,997$0$0$296,569
94$612,763$0$0$274,840
95$567,333$0$0$249,256
96$513,870$0$0$219,375
97$451,446$0$0$184,703
98$379,038$0$0$144,698
99$295,512$0$0$98,759
100$199,618$0$0$46,222