Can I retire at age 59 with 439,000?

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 $439,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$36,252$35,929$35,614$35,307$35,006$34,641
2 years$17,947$17,612$17,288$16,974$16,670$16,302
3 years$11,846$11,510$11,187$10,876$10,576$10,217
4 years$8,796$8,461$8,141$7,835$7,543$7,195
5 years$6,966$6,634$6,318$6,018$5,734$5,399
6 years$5,747$5,417$5,106$4,813$4,537$4,215
7 years$4,876$4,549$4,243$3,957$3,690$3,381
8 years$4,224$3,899$3,598$3,319$3,061$2,765
9 years$3,716$3,395$3,099$2,827$2,578$2,295
10 years$3,311$2,993$2,702$2,437$2,196$1,927
11 years$2,979$2,664$2,379$2,121$1,889$1,632
12 years$2,703$2,391$2,111$1,860$1,637$1,392
13 years$2,469$2,161$1,886$1,643$1,428$1,195
14 years$2,269$1,964$1,695$1,458$1,251$1,031
15 years$2,096$1,794$1,530$1,300$1,102$892
16 years$1,945$1,646$1,387$1,164$974$776
17 years$1,812$1,516$1,262$1,046$863$676
18 years$1,693$1,401$1,152$943$768$591
19 years$1,587$1,298$1,055$852$684$517
20 years$1,492$1,207$968$772$611$454
21 years$1,406$1,124$891$700$547$399
22 years$1,328$1,049$821$637$490$351
23 years$1,257$981$758$580$440$309
24 years$1,192$919$701$529$396$272
25 years$1,132$863$649$483$356$241
26 years$1,077$811$602$442$321$212
27 years$1,026$763$559$404$289$188
28 years$978$719$520$370$261$166
29 years$935$678$484$340$236$147
30 years$894$641$450$312$213$130
31 years$855$606$420$286$192$115
32 years$820$573$392$263$174$102
33 years$786$543$366$242$158$91
34 years$755$514$342$223$143$80
35 years$725$488$320$205$129$71
36 years$697$463$299$189$117$63
37 years$671$440$280$174$106$56
38 years$646$418$262$160$96$50
39 years$622$397$246$148$87$44
40 years$600$378$230$136$79$39
41 years$579$360$216$126$72$35
42 years$559$343$202$116$65$31
43 years$540$327$190$107$59$28
44 years$522$311$178$99$54$24
45 years$504$297$167$91$49$22
46 years$488$283$157$84$44$19
47 years$472$270$148$78$40$17
48 years$457$258$139$72$36$15
49 years$442$246$130$67$33$14
50 years$429$235$123$62$30$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $439,000, adding $6,826 every year, while hoping to spend $22,203 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: 55/33/12 Blend
58$439,000$439,000$439,000$439,000
59$490,819$467,552$460,748$515,943
60$517,259$466,838$452,559$533,045
61$545,651$465,345$443,351$548,651
62$576,172$463,012$433,068$565,125
63$609,014$459,772$421,649$582,554
64$644,390$455,557$409,030$601,033
65$682,531$450,293$395,146$620,670
66$723,694$443,901$379,928$641,586
67$768,159$436,301$363,304$663,911
68$816,234$427,403$345,198$687,795
69$868,260$417,116$325,532$713,400
70$924,609$405,341$304,223$740,910
71$985,690$391,974$281,186$770,524
72$1,051,956$376,905$256,331$802,469
73$1,123,900$360,019$229,563$836,991
74$1,202,069$341,191$200,785$874,368
75$1,287,063$320,292$169,894$914,904
76$1,379,541$297,184$136,783$958,940
77$1,480,230$271,721$101,340$1,006,851
78$1,589,928$243,750$63,450$1,059,053
79$1,709,514$213,108$22,989$1,116,008
80$1,839,957$179,623$0$1,178,228
81$1,982,322$143,114$0$1,248,864
82$2,137,781$103,388$0$1,329,268
83$2,307,624$60,243$0$1,417,204
84$2,493,272$13,466$0$1,513,460
85$2,696,290$0$0$1,618,906
86$2,918,400$0$0$1,748,001
87$3,161,499$0$0$1,894,686
88$3,427,674$0$0$2,055,338
89$3,719,226$0$0$2,231,349
90$4,038,687$0$0$2,424,254
91$4,388,846$0$0$2,635,742
92$4,772,776$0$0$2,867,675
93$5,193,858$0$0$3,122,102
94$5,655,820$0$0$3,401,281
95$6,162,766$0$0$3,707,700
96$6,719,217$0$0$4,044,097
97$7,330,153$0$0$4,413,490
98$8,001,061$0$0$4,819,204
99$8,737,983$0$0$5,264,900
100$9,547,576$0$0$5,754,612