Can I retire at age 64 with 528,000?

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 $528,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$43,602$43,213$42,834$42,465$42,103$41,270
2 years$21,585$21,183$20,793$20,416$20,049$19,213
3 years$14,247$13,843$13,455$13,081$12,720$11,907
4 years$10,579$10,176$9,792$9,424$9,072$8,289
5 years$8,378$7,978$7,599$7,238$6,896$6,145
6 years$6,912$6,515$6,141$5,789$5,457$4,738
7 years$5,865$5,471$5,103$4,759$4,438$3,752
8 years$5,080$4,690$4,328$3,992$3,682$3,029
9 years$4,470$4,083$3,728$3,401$3,101$2,480
10 years$3,982$3,599$3,250$2,931$2,642$2,053
11 years$3,583$3,204$2,861$2,551$2,272$1,714
12 years$3,251$2,876$2,539$2,238$1,969$1,441
13 years$2,970$2,599$2,269$1,976$1,717$1,218
14 years$2,730$2,362$2,038$1,754$1,505$1,034
15 years$2,521$2,158$1,840$1,564$1,325$882
16 years$2,339$1,980$1,668$1,400$1,171$754
17 years$2,179$1,824$1,518$1,258$1,038$647
18 years$2,036$1,685$1,386$1,134$923$556
19 years$1,909$1,562$1,269$1,025$823$478
20 years$1,795$1,451$1,164$928$735$413
21 years$1,691$1,352$1,071$842$658$356
22 years$1,597$1,262$987$766$590$308
23 years$1,512$1,180$911$697$529$267
24 years$1,433$1,106$843$636$476$231
25 years$1,361$1,038$781$581$428$200
26 years$1,295$975$724$531$386$174
27 years$1,234$918$672$486$348$151
28 years$1,177$865$625$445$314$131
29 years$1,124$816$582$408$283$114
30 years$1,075$770$542$375$256$99
31 years$1,029$728$505$344$231$86
32 years$986$689$471$316$209$75
33 years$946$653$440$291$189$65
34 years$908$619$411$268$172$56
35 years$872$587$384$246$155$49
36 years$839$557$360$227$141$43
37 years$807$529$337$209$128$37
38 years$777$503$315$193$116$32
39 years$749$478$295$178$105$28
40 years$722$455$277$164$95$25
41 years$696$433$260$151$86$21
42 years$672$412$243$140$78$19
43 years$649$393$228$129$71$16
44 years$627$374$214$119$65$14
45 years$606$357$201$110$59$12
46 years$587$341$189$101$53$11
47 years$568$325$178$94$48$9
48 years$549$310$167$87$44$8
49 years$532$296$157$80$40$7
50 years$516$283$148$74$36$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $528,000, adding $3,485 every year, while hoping to spend $26,758 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: 44/39/17 Blend
63$528,000$528,000$528,000$528,000
64$585,451$557,467$549,283$608,194
65$616,696$556,312$539,213$623,338
66$650,232$554,205$527,910$636,813
67$686,264$551,068$515,303$650,850
68$725,016$546,824$501,319$665,514
69$766,737$541,388$485,883$680,876
70$811,699$534,670$468,914$697,018
71$860,199$526,576$450,329$714,031
72$912,566$517,005$430,042$732,018
73$969,160$505,850$407,961$751,094
74$1,030,377$493,000$383,990$771,388
75$1,096,653$478,334$358,031$793,046
76$1,168,466$461,727$329,980$816,229
77$1,246,343$443,045$299,727$841,120
78$1,330,862$422,146$267,160$867,920
79$1,422,659$398,881$232,160$896,857
80$1,522,436$373,091$194,602$928,184
81$1,630,961$344,610$154,359$962,183
82$1,749,084$313,260$111,294$999,169
83$1,877,735$278,855$65,267$1,039,493
84$2,017,942$241,196$16,131$1,083,546
85$2,170,833$200,076$0$1,131,763
86$2,337,651$155,273$0$1,191,215
87$2,519,764$106,554$0$1,259,405
88$2,718,679$53,674$0$1,334,033
89$2,936,053$0$0$1,415,796
90$3,173,711$0$0$1,507,025
91$3,433,664$0$0$1,632,067
92$3,718,122$0$0$1,768,961
93$4,029,524$0$0$1,918,886
94$4,370,551$0$0$2,083,142
95$4,744,158$0$0$2,263,162
96$5,153,600$0$0$2,460,520
97$5,602,459$0$0$2,676,955
98$6,094,682$0$0$2,914,378
99$6,634,616$0$0$3,174,895
100$7,227,050$0$0$3,460,828