Can I retire at age 64 with 474,000?

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 $474,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$39,142$38,794$38,454$38,122$37,797$37,279
2 years$19,377$19,017$18,667$18,328$17,999$17,477
3 years$12,790$12,428$12,079$11,743$11,419$10,911
4 years$9,497$9,136$8,790$8,460$8,144$7,653
5 years$7,522$7,162$6,822$6,498$6,191$5,719
6 years$6,205$5,849$5,513$5,197$4,899$4,445
7 years$5,265$4,912$4,581$4,272$3,984$3,550
8 years$4,560$4,210$3,885$3,584$3,305$2,890
9 years$4,013$3,666$3,346$3,053$2,783$2,388
10 years$3,575$3,231$2,917$2,632$2,372$1,995
11 years$3,217$2,877$2,568$2,290$2,040$1,681
12 years$2,918$2,582$2,279$2,009$1,768$1,427
13 years$2,666$2,333$2,037$1,773$1,541$1,218
14 years$2,450$2,121$1,830$1,574$1,351$1,045
15 years$2,263$1,937$1,652$1,404$1,190$900
16 years$2,100$1,778$1,498$1,257$1,051$778
17 years$1,956$1,637$1,363$1,130$932$674
18 years$1,828$1,513$1,244$1,018$829$586
19 years$1,714$1,402$1,139$920$739$510
20 years$1,611$1,303$1,045$833$660$445
21 years$1,518$1,213$962$756$591$388
22 years$1,434$1,133$886$687$529$340
23 years$1,357$1,059$818$626$475$297
24 years$1,287$993$757$571$427$261
25 years$1,222$932$701$521$384$229
26 years$1,163$875$650$477$346$201
27 years$1,107$824$604$436$312$176
28 years$1,056$776$561$400$282$155
29 years$1,009$732$522$367$254$136
30 years$965$692$486$337$230$120
31 years$924$654$453$309$208$106
32 years$885$619$423$284$188$93
33 years$849$586$395$261$170$82
34 years$815$555$369$240$154$72
35 years$783$527$345$221$139$64
36 years$753$500$323$204$126$56
37 years$724$475$302$188$115$49
38 years$698$451$283$173$104$43
39 years$672$429$265$160$94$38
40 years$648$408$248$147$85$34
41 years$625$389$233$136$77$30
42 years$603$370$219$125$70$26
43 years$583$353$205$116$64$23
44 years$563$336$193$107$58$20
45 years$544$321$181$99$53$18
46 years$527$306$170$91$48$16
47 years$510$292$159$84$43$14
48 years$493$279$150$78$39$12
49 years$478$266$141$72$36$11
50 years$463$254$132$66$32$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $474,000, adding $4,517 every year, while hoping to spend $38,634 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: 53/27/20 Blend
63$474,000$474,000$474,000$474,000
64$527,007$501,885$494,538$551,829
65$539,656$485,371$469,999$552,853
66$552,300$466,753$443,343$549,551
67$564,897$445,888$414,458$545,127
68$577,402$422,622$383,228$539,488
69$589,762$396,795$349,531$532,532
70$601,916$368,236$313,238$524,149
71$613,798$336,766$274,218$514,222
72$625,332$302,194$232,332$502,624
73$636,434$264,320$187,433$489,219
74$647,009$222,930$139,370$473,861
75$656,951$177,801$87,986$456,391
76$666,141$128,694$33,115$436,639
77$674,447$75,360$0$414,421
78$681,722$17,534$0$394,968
79$687,801$0$0$380,532
80$692,501$0$0$377,236
81$695,618$0$0$378,200
82$696,927$0$0$378,080
83$696,176$0$0$376,728
84$693,085$0$0$373,982
85$687,345$0$0$369,658
86$678,611$0$0$363,556
87$666,503$0$0$355,451
88$650,598$0$0$345,096
89$630,428$0$0$332,216
90$605,476$0$0$316,509
91$575,166$0$0$297,637
92$538,865$0$0$275,229
93$495,870$0$0$248,873
94$445,404$0$0$218,114
95$386,607$0$0$182,449
96$318,529$0$0$141,322
97$240,121$0$0$94,118
98$150,222$0$0$40,159
99$47,550$0$0$0
100$0$0$0$0