Can I retire at age 63 with 437,000?

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 $437,000?

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$36,087$35,766$35,452$35,146$34,847$34,242
2 years$17,865$17,532$17,210$16,897$16,594$15,986
3 years$11,792$11,457$11,136$10,826$10,528$9,936
4 years$8,756$8,422$8,104$7,800$7,509$6,938
5 years$6,934$6,603$6,289$5,991$5,708$5,160
6 years$5,721$5,392$5,082$4,791$4,516$3,991
7 years$4,854$4,528$4,224$3,939$3,673$3,171
8 years$4,204$3,882$3,582$3,304$3,047$2,569
9 years$3,699$3,380$3,085$2,814$2,566$2,111
10 years$3,296$2,979$2,690$2,426$2,186$1,754
11 years$2,966$2,652$2,368$2,111$1,880$1,470
12 years$2,691$2,380$2,101$1,852$1,630$1,240
13 years$2,458$2,151$1,878$1,635$1,421$1,053
14 years$2,259$1,955$1,687$1,451$1,246$898
15 years$2,087$1,786$1,523$1,294$1,097$768
16 years$1,936$1,639$1,381$1,159$969$660
17 years$1,803$1,509$1,257$1,041$859$568
18 years$1,685$1,395$1,147$938$764$490
19 years$1,580$1,293$1,050$848$681$424
20 years$1,485$1,201$964$768$608$367
21 years$1,400$1,119$886$697$544$319
22 years$1,322$1,044$817$634$488$277
23 years$1,251$977$754$577$438$241
24 years$1,186$915$698$526$394$209
25 years$1,127$859$646$481$354$182
26 years$1,072$807$599$440$319$159
27 years$1,021$760$556$402$288$139
28 years$974$716$517$369$260$121
29 years$930$675$481$338$234$106
30 years$890$638$448$310$212$92
31 years$852$603$418$285$192$81
32 years$816$570$390$262$173$70
33 years$783$540$364$241$157$62
34 years$751$512$340$222$142$54
35 years$722$486$318$204$129$47
36 years$694$461$298$188$116$41
37 years$668$438$279$173$106$36
38 years$643$416$261$160$96$32
39 years$620$396$244$147$87$28
40 years$597$376$229$136$79$24
41 years$576$358$215$125$71$21
42 years$556$341$201$116$65$18
43 years$537$325$189$107$59$16
44 years$519$310$177$98$53$14
45 years$502$296$167$91$48$12
46 years$485$282$157$84$44$11
47 years$470$269$147$78$40$9
48 years$455$257$138$72$36$8
49 years$440$245$130$66$33$7
50 years$427$234$122$61$30$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $437,000, adding $5,256 every year, while hoping to spend $31,400 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: 50/25/25 Blend
62$437,000$437,000$437,000$437,000
63$486,996$463,835$457,061$507,680
64$503,260$453,153$438,963$511,946
65$520,130$440,896$419,207$512,998
66$537,637$426,952$397,703$513,509
67$555,808$411,206$374,359$513,440
68$574,679$393,533$349,078$512,754
69$594,283$373,803$321,759$511,408
70$614,657$351,877$292,295$509,360
71$635,842$327,609$260,577$506,564
72$657,880$300,844$226,489$502,974
73$680,818$271,419$189,910$498,542
74$704,704$239,161$150,714$493,216
75$729,591$203,887$108,771$486,943
76$755,536$165,405$63,941$479,671
77$782,601$123,510$16,084$471,341
78$810,852$77,987$0$461,895
79$840,359$28,609$0$460,606
80$871,201$0$0$463,263
81$903,460$0$0$472,391
82$937,226$0$0$490,196
83$972,597$0$0$508,859
84$1,009,679$0$0$528,440
85$1,048,586$0$0$548,999
86$1,089,443$0$0$570,605
87$1,132,386$0$0$593,331
88$1,177,561$0$0$617,259
89$1,225,129$0$0$642,474
90$1,275,263$0$0$669,072
91$1,328,154$0$0$697,156
92$1,384,009$0$0$726,841
93$1,443,052$0$0$758,248
94$1,505,532$0$0$791,512
95$1,571,715$0$0$826,781
96$1,641,897$0$0$864,216
97$1,716,399$0$0$903,991
98$1,795,571$0$0$946,300
99$1,879,797$0$0$991,353
100$1,969,499$0$0$1,039,379