Can I retire at age 61 with 452,000?

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 $452,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$37,326$36,993$36,669$36,352$36,043$35,417
2 years$18,478$18,134$17,800$17,477$17,163$16,534
3 years$12,196$11,851$11,518$11,198$10,889$10,277
4 years$9,056$8,712$8,382$8,067$7,766$7,176
5 years$7,172$6,830$6,505$6,196$5,904$5,337
6 years$5,917$5,577$5,257$4,955$4,671$4,128
7 years$5,021$4,684$4,369$4,074$3,799$3,280
8 years$4,349$4,015$3,705$3,418$3,152$2,657
9 years$3,826$3,496$3,191$2,911$2,654$2,183
10 years$3,409$3,081$2,782$2,509$2,262$1,814
11 years$3,067$2,743$2,449$2,184$1,945$1,520
12 years$2,783$2,462$2,174$1,916$1,685$1,283
13 years$2,543$2,225$1,942$1,691$1,470$1,089
14 years$2,337$2,022$1,745$1,501$1,288$928
15 years$2,158$1,847$1,575$1,339$1,134$795
16 years$2,003$1,695$1,428$1,199$1,003$683
17 years$1,865$1,561$1,300$1,077$889$588
18 years$1,743$1,442$1,186$971$790$507
19 years$1,634$1,337$1,086$877$705$439
20 years$1,536$1,242$997$794$629$380
21 years$1,448$1,157$917$721$563$330
22 years$1,367$1,080$845$656$505$286
23 years$1,294$1,010$780$597$453$249
24 years$1,227$947$722$544$407$217
25 years$1,165$888$668$497$366$189
26 years$1,109$835$620$455$330$164
27 years$1,056$786$576$416$298$143
28 years$1,007$740$535$381$269$125
29 years$962$698$498$350$243$109
30 years$920$660$464$321$219$95
31 years$881$624$432$295$198$83
32 years$844$590$403$271$179$73
33 years$809$559$377$249$162$64
34 years$777$530$352$229$147$56
35 years$747$502$329$211$133$49
36 years$718$477$308$194$120$43
37 years$691$453$288$179$109$37
38 years$665$430$270$165$99$33
39 years$641$409$253$152$90$29
40 years$618$389$237$140$81$25
41 years$596$371$222$129$74$22
42 years$575$353$208$119$67$19
43 years$556$336$196$110$61$17
44 years$537$321$184$102$55$15
45 years$519$306$172$94$50$13
46 years$502$292$162$87$46$11
47 years$486$278$152$80$41$10
48 years$470$266$143$74$38$9
49 years$456$254$134$69$34$8
50 years$441$242$126$63$31$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 61 starting with $452,000, adding $4,144 every year, while hoping to spend $22,109 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: 29/46/25 Blend
60$452,000$452,000$452,000$452,000
61$502,379$478,423$471,417$512,952
62$530,097$478,341$463,685$521,455
63$559,902$477,515$454,954$528,370
64$591,983$475,884$445,166$535,353
65$626,548$473,385$434,261$542,424
66$663,825$469,950$422,178$549,606
67$704,066$465,508$408,851$556,930
68$747,545$459,983$394,213$564,430
69$794,567$453,295$378,191$572,144
70$845,465$445,358$360,713$580,120
71$900,605$436,083$341,699$588,410
72$960,389$425,373$321,068$597,077
73$1,025,261$413,129$298,736$606,192
74$1,095,707$399,242$274,614$615,834
75$1,172,264$383,599$248,608$626,098
76$1,255,521$366,082$220,622$637,088
77$1,346,126$346,561$190,555$648,925
78$1,444,793$324,905$158,300$661,745
79$1,552,306$300,970$123,748$675,701
80$1,669,531$274,607$86,783$690,967
81$1,797,417$245,657$47,285$707,741
82$1,937,013$213,953$5,127$726,242
83$2,089,469$179,317$0$746,721
84$2,256,054$141,564$0$780,090
85$2,438,165$100,494$0$818,182
86$2,637,339$55,899$0$860,016
87$2,855,269$7,560$0$906,027
88$3,093,819$0$0$956,700
89$3,355,042$0$0$1,035,225
90$3,641,197$0$0$1,125,510
91$3,954,774$0$0$1,224,521
92$4,298,515$0$0$1,333,135
93$4,675,438$0$0$1,452,313
94$5,088,869$0$0$1,583,119
95$5,542,471$0$0$1,726,721
96$6,040,279$0$0$1,884,407
97$6,586,736$0$0$2,057,597
98$7,186,737$0$0$2,247,852
99$7,845,676$0$0$2,456,896
100$8,569,492$0$0$2,686,625