Can I retire at age 59 with 525,000?

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 $525,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$43,354$42,968$42,591$42,223$41,864$40,654
2 years$21,462$21,063$20,675$20,300$19,935$18,726
3 years$14,166$13,765$13,378$13,006$12,648$11,477
4 years$10,519$10,118$9,736$9,370$9,021$7,897
5 years$8,331$7,933$7,556$7,197$6,857$5,784
6 years$6,873$6,478$6,106$5,756$5,426$4,405
7 years$5,832$5,440$5,074$4,732$4,413$3,443
8 years$5,051$4,663$4,303$3,970$3,661$2,742
9 years$4,444$4,060$3,706$3,381$3,083$2,214
10 years$3,959$3,579$3,231$2,915$2,627$1,807
11 years$3,563$3,186$2,845$2,537$2,259$1,486
12 years$3,232$2,860$2,525$2,225$1,958$1,231
13 years$2,953$2,584$2,256$1,964$1,707$1,025
14 years$2,714$2,349$2,027$1,744$1,496$857
15 years$2,507$2,146$1,830$1,555$1,318$719
16 years$2,326$1,969$1,659$1,392$1,165$605
17 years$2,166$1,813$1,510$1,251$1,033$510
18 years$2,025$1,675$1,378$1,127$918$431
19 years$1,898$1,553$1,262$1,019$818$365
20 years$1,784$1,443$1,158$923$731$309
21 years$1,681$1,344$1,065$837$654$262
22 years$1,588$1,255$982$761$586$223
23 years$1,503$1,173$906$693$526$189
24 years$1,425$1,099$838$632$473$161
25 years$1,354$1,032$776$578$426$137
26 years$1,288$970$720$528$383$117
27 years$1,227$913$669$483$346$99
28 years$1,170$860$622$443$312$85
29 years$1,118$811$578$406$282$72
30 years$1,069$766$539$373$255$62
31 years$1,023$724$502$342$230$52
32 years$980$685$469$315$208$45
33 years$940$649$438$289$188$38
34 years$903$615$409$266$171$33
35 years$867$583$382$245$154$28
36 years$834$554$358$226$140$24
37 years$802$526$335$208$127$20
38 years$773$500$313$192$115$17
39 years$744$475$294$177$104$15
40 years$718$452$275$163$95$13
41 years$692$430$258$150$86$11
42 years$668$410$242$139$78$9
43 years$646$391$227$128$71$8
44 years$624$372$213$118$64$7
45 years$603$355$200$109$58$6
46 years$583$339$188$101$53$5
47 years$564$323$177$93$48$4
48 years$546$309$166$86$44$4
49 years$529$295$156$80$40$3
50 years$513$281$147$74$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $525,000, adding $4,314 every year, while hoping to spend $22,466 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: 86/5/9 Blend
58$525,000$525,000$525,000$525,000
59$583,000$555,175$547,037$632,108
60$618,562$558,475$541,459$668,107
61$656,999$561,183$534,942$704,140
62$698,580$563,248$527,429$743,029
63$743,600$564,613$518,863$785,045
64$792,387$565,218$509,185$830,490
65$845,297$565,001$498,329$879,692
66$902,725$563,893$486,230$933,016
67$965,103$561,824$472,820$990,862
68$1,032,908$558,719$458,024$1,053,671
69$1,106,665$554,496$441,768$1,121,928
70$1,186,950$549,071$423,972$1,196,168
71$1,274,396$542,353$404,553$1,276,980
72$1,369,703$534,247$383,424$1,365,012
73$1,473,639$524,651$360,495$1,460,980
74$1,587,050$513,459$335,671$1,565,671
75$1,710,866$500,555$308,853$1,679,951
76$1,846,113$485,821$279,937$1,804,776
77$1,993,917$469,127$248,817$1,941,199
78$2,155,522$450,340$215,378$2,090,378
79$2,332,295$429,316$179,502$2,253,592
80$2,525,742$405,905$141,068$2,432,249
81$2,737,520$379,947$99,946$2,627,899
82$2,969,455$351,272$56,002$2,842,252
83$3,223,558$319,703$9,097$3,077,190
84$3,502,042$285,050$0$3,334,789
85$3,807,347$247,114$0$3,621,269
86$4,142,158$205,684$0$3,936,404
87$4,509,434$160,538$0$4,282,110
88$4,912,432$111,440$0$4,661,465
89$5,354,741$58,142$0$5,077,855
90$5,840,315$381$0$5,535,014
91$6,373,509$0$0$6,037,054
92$6,959,118$0$0$6,591,924
93$7,602,429$0$0$7,201,496
94$8,309,262$0$0$7,871,266
95$9,086,030$0$0$8,607,312
96$9,939,800$0$0$9,416,330
97$10,878,354$0$0$10,305,697
98$11,910,268$0$0$11,283,539
99$13,044,992$0$0$12,358,810
100$14,292,932$0$0$13,541,377