Can I retire at age 64 with 435,000?

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 $435,000?

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$35,922$35,602$35,290$34,985$34,688$34,325
2 years$17,783$17,452$17,131$16,820$16,518$16,153
3 years$11,738$11,405$11,085$10,777$10,480$10,124
4 years$8,716$8,384$8,067$7,764$7,474$7,130
5 years$6,903$6,573$6,260$5,963$5,682$5,350
6 years$5,695$5,367$5,059$4,769$4,496$4,177
7 years$4,832$4,508$4,204$3,921$3,656$3,350
8 years$4,185$3,864$3,566$3,289$3,033$2,740
9 years$3,683$3,364$3,071$2,802$2,554$2,274
10 years$3,281$2,965$2,677$2,415$2,176$1,909
11 years$2,952$2,640$2,357$2,102$1,872$1,617
12 years$2,678$2,369$2,092$1,844$1,622$1,380
13 years$2,447$2,141$1,869$1,628$1,415$1,184
14 years$2,249$1,946$1,679$1,445$1,240$1,021
15 years$2,077$1,778$1,516$1,288$1,092$884
16 years$1,927$1,631$1,375$1,154$965$768
17 years$1,795$1,502$1,251$1,037$856$670
18 years$1,678$1,388$1,142$934$761$585
19 years$1,573$1,287$1,045$844$678$512
20 years$1,478$1,196$959$765$606$450
21 years$1,393$1,114$882$694$542$395
22 years$1,316$1,040$813$631$486$348
23 years$1,245$972$751$575$436$306
24 years$1,181$911$694$524$392$270
25 years$1,121$855$643$479$353$238
26 years$1,067$803$597$438$318$211
27 years$1,016$756$554$401$286$186
28 years$970$713$515$367$258$165
29 years$926$672$479$337$233$146
30 years$885$635$446$309$211$129
31 years$848$600$416$284$191$114
32 years$812$568$388$261$172$101
33 years$779$538$363$240$156$90
34 years$748$510$339$221$141$80
35 years$719$483$317$203$128$71
36 years$691$459$296$187$116$63
37 years$665$436$277$172$105$56
38 years$640$414$260$159$95$49
39 years$617$394$243$146$86$44
40 years$595$375$228$135$78$39
41 years$574$357$214$125$71$35
42 years$554$340$201$115$65$31
43 years$535$324$188$106$59$27
44 years$517$308$177$98$53$24
45 years$500$294$166$91$48$22
46 years$483$281$156$84$44$19
47 years$468$268$146$77$40$17
48 years$453$256$138$71$36$15
49 years$438$244$129$66$33$13
50 years$425$233$122$61$30$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $435,000, adding $4,527 every year, while hoping to spend $37,418 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: 70/11/19 Blend
63$435,000$435,000$435,000$435,000
64$484,040$460,985$454,242$515,390
65$493,599$443,760$429,647$519,646
66$502,880$424,438$402,973$519,442
67$511,813$402,875$374,113$518,286
68$520,324$378,922$342,951$516,079
69$528,326$352,418$309,369$512,713
70$535,725$323,196$273,242$508,073
71$542,413$291,078$234,441$502,029
72$548,274$255,875$192,829$494,442
73$553,174$217,389$148,265$485,160
74$556,967$175,410$100,601$474,016
75$559,488$129,716$49,682$460,828
76$560,557$80,073$0$445,396
77$559,971$26,233$0$428,449
78$557,506$0$0$419,615
79$552,912$0$0$412,466
80$545,913$0$0$406,625
81$536,204$0$0$398,679
82$523,445$0$0$388,366
83$507,259$0$0$375,395
84$487,231$0$0$359,444
85$462,899$0$0$340,158
86$433,754$0$0$317,142
87$399,230$0$0$289,960
88$358,704$0$0$258,131
89$311,485$0$0$221,121
90$256,809$0$0$178,341
91$193,834$0$0$129,139
92$121,626$0$0$72,796
93$39,155$0$0$8,516
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0