Can I retire at age 61 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%14.1%
1 years$36,004$35,684$35,371$35,065$34,767$34,177
2 years$17,824$17,492$17,170$16,858$16,556$15,963
3 years$11,765$11,431$11,110$10,801$10,504$9,927
4 years$8,736$8,403$8,085$7,782$7,491$6,935
5 years$6,919$6,588$6,275$5,977$5,695$5,160
6 years$5,708$5,380$5,071$4,780$4,506$3,994
7 years$4,843$4,518$4,214$3,930$3,665$3,175
8 years$4,195$3,873$3,574$3,297$3,040$2,573
9 years$3,691$3,372$3,078$2,808$2,560$2,116
10 years$3,288$2,972$2,684$2,421$2,181$1,759
11 years$2,959$2,646$2,363$2,107$1,876$1,475
12 years$2,684$2,375$2,097$1,848$1,626$1,246
13 years$2,453$2,146$1,873$1,631$1,418$1,058
14 years$2,254$1,951$1,683$1,448$1,243$903
15 years$2,082$1,782$1,520$1,291$1,094$773
16 years$1,932$1,635$1,378$1,156$967$664
17 years$1,799$1,506$1,254$1,039$858$573
18 years$1,681$1,391$1,144$936$762$495
19 years$1,576$1,290$1,048$846$680$428
20 years$1,482$1,198$962$766$607$371
21 years$1,396$1,116$884$695$543$322
22 years$1,319$1,042$815$632$487$280
23 years$1,248$974$753$576$437$244
24 years$1,184$913$696$525$393$212
25 years$1,124$857$645$480$354$185
26 years$1,069$805$598$439$318$161
27 years$1,019$758$555$401$287$141
28 years$972$714$516$368$259$123
29 years$928$674$480$337$234$107
30 years$888$636$447$310$211$94
31 years$850$601$417$284$191$82
32 years$814$569$389$261$173$72
33 years$781$539$363$240$156$63
34 years$750$511$340$221$142$55
35 years$720$484$317$203$128$48
36 years$692$460$297$187$116$42
37 years$666$437$278$173$105$37
38 years$642$415$260$159$96$32
39 years$618$395$244$147$87$28
40 years$596$376$229$135$79$25
41 years$575$357$214$125$71$22
42 years$555$340$201$115$65$19
43 years$536$324$189$106$59$17
44 years$518$309$177$98$53$15
45 years$501$295$166$91$48$13
46 years$484$281$156$84$44$11
47 years$469$268$147$77$40$10
48 years$454$256$138$72$36$9
49 years$439$245$130$66$33$8
50 years$426$234$122$61$30$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 61 starting with $436,000, adding $4,295 every year, while hoping to spend $34,953 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: 54/28/18 Blend
60$436,000$436,000$436,000$436,000
61$484,902$461,794$455,036$508,513
62$497,173$447,232$433,090$510,569
63$509,523$430,786$409,238$508,738
64$521,925$412,325$383,377$505,976
65$534,345$391,712$355,405$502,202
66$546,747$368,805$325,209$497,332
67$559,087$343,448$292,676$491,275
68$571,318$315,481$257,684$483,932
69$583,385$284,733$220,110$475,197
70$595,228$251,022$179,821$464,957
71$606,777$214,158$136,681$453,089
72$617,956$173,940$90,547$439,462
73$628,678$130,153$41,271$423,934
74$638,845$82,573$0$406,352
75$648,350$30,961$0$388,725
76$657,071$0$0$377,303
77$664,873$0$0$371,674
78$671,606$0$0$374,925
79$677,101$0$0$377,416
80$681,172$0$0$379,035
81$683,611$0$0$379,657
82$684,187$0$0$379,145
83$682,643$0$0$377,344
84$678,695$0$0$374,085
85$672,026$0$0$369,178
86$662,287$0$0$362,414
87$649,088$0$0$353,561
88$631,999$0$0$342,362
89$610,544$0$0$328,532
90$584,193$0$0$311,755
91$552,363$0$0$291,683
92$514,406$0$0$267,930
93$469,608$0$0$240,069
94$417,176$0$0$207,627
95$356,236$0$0$170,083
96$285,820$0$0$126,860
97$204,859$0$0$77,320
98$112,171$0$0$20,758
99$6,451$0$0$0
100$0$0$0$0