Can I retire at age 61 with 439,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 61 starting with $439,000, adding $4,631 every year, while hoping to spend $21,505 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: 41/38/21 Blend
60$439,000$439,000$439,000$439,000
61$488,555$465,288$458,483$505,397
62$515,506$465,206$450,961$517,775
63$544,486$464,399$442,467$528,752
64$575,678$462,809$432,944$540,195
65$609,285$460,375$422,335$552,158
66$645,529$457,030$410,580$564,702
67$684,654$452,705$397,616$577,897
68$726,928$447,327$383,375$591,819
69$772,645$440,816$367,789$606,556
70$822,130$433,092$350,785$622,205
71$875,739$424,065$332,288$638,876
72$933,864$413,643$312,219$656,692
73$996,934$401,728$290,494$675,790
74$1,065,423$388,215$267,028$696,324
75$1,139,853$372,994$241,730$718,465
76$1,220,796$355,948$214,505$742,407
77$1,308,882$336,955$185,257$768,362
78$1,404,805$315,883$153,880$796,570
79$1,509,329$292,595$120,269$827,298
80$1,623,293$266,945$84,310$860,842
81$1,747,622$238,778$45,888$897,535
82$1,883,333$207,932$4,879$937,743
83$2,031,547$174,234$0$981,877
84$2,193,495$137,502$0$1,039,106
85$2,370,537$97,545$0$1,102,956
86$2,564,166$54,159$0$1,172,926
87$2,776,028$7,129$0$1,249,676
88$3,007,934$0$0$1,333,933
89$3,261,881$0$0$1,444,805
90$3,540,066$0$0$1,569,582
91$3,844,907$0$0$1,706,373
92$4,179,071$0$0$1,856,384
93$4,545,491$0$0$2,020,938
94$4,947,402$0$0$2,201,496
95$5,388,363$0$0$2,399,665
96$5,872,296$0$0$2,617,216
97$6,403,522$0$0$2,856,101
98$6,986,798$0$0$3,118,467
99$7,627,367$0$0$3,406,682
100$8,331,004$0$0$3,723,354