Can I retire at age 64 with 682,000?

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 $682,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$56,319$55,817$55,328$54,850$54,384$53,549
2 years$27,881$27,361$26,858$26,370$25,897$25,058
3 years$18,402$17,881$17,379$16,896$16,430$15,613
4 years$13,664$13,144$12,647$12,172$11,718$10,929
5 years$10,822$10,305$9,815$9,350$8,908$8,149
6 years$8,928$8,415$7,932$7,477$7,049$6,321
7 years$7,576$7,067$6,591$6,147$5,732$5,037
8 years$6,562$6,058$5,590$5,157$4,756$4,091
9 years$5,774$5,274$4,815$4,392$4,005$3,372
10 years$5,143$4,649$4,198$3,786$3,412$2,810
11 years$4,628$4,139$3,696$3,295$2,935$2,362
12 years$4,199$3,715$3,280$2,890$2,543$2,000
13 years$3,836$3,357$2,930$2,552$2,218$1,703
14 years$3,526$3,051$2,633$2,265$1,944$1,457
15 years$3,257$2,788$2,377$2,020$1,712$1,252
16 years$3,022$2,558$2,155$1,809$1,513$1,079
17 years$2,814$2,355$1,961$1,625$1,341$932
18 years$2,630$2,177$1,790$1,465$1,193$807
19 years$2,466$2,017$1,639$1,323$1,063$701
20 years$2,318$1,874$1,504$1,199$950$609
21 years$2,184$1,746$1,383$1,088$850$531
22 years$2,063$1,630$1,275$989$762$463
23 years$1,952$1,524$1,177$901$684$404
24 years$1,851$1,428$1,089$822$615$353
25 years$1,758$1,340$1,008$750$553$309
26 years$1,673$1,260$935$686$498$270
27 years$1,593$1,185$868$628$449$236
28 years$1,520$1,117$807$575$405$207
29 years$1,452$1,054$751$528$366$182
30 years$1,388$995$700$484$331$159
31 years$1,329$941$652$445$299$140
32 years$1,273$890$609$409$270$123
33 years$1,221$843$568$376$245$108
34 years$1,172$799$531$346$222$94
35 years$1,127$758$497$318$201$83
36 years$1,083$719$464$293$182$73
37 years$1,042$683$435$270$165$64
38 years$1,004$649$407$249$149$56
39 years$967$617$381$230$135$49
40 years$932$587$358$212$123$43
41 years$900$559$335$195$111$38
42 years$868$533$314$180$101$34
43 years$839$507$295$166$92$29
44 years$810$484$277$154$83$26
45 years$783$461$260$142$76$23
46 years$758$440$244$131$69$20
47 years$733$420$229$121$62$18
48 years$710$401$216$112$57$15
49 years$687$383$203$103$51$14
50 years$666$366$191$96$47$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $682,000, adding $3,861 every year, while hoping to spend $46,093 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: 63/30/7 Blend
63$682,000$682,000$682,000$682,000
64$755,547$719,401$708,830$801,898
65$783,570$705,609$683,533$819,494
66$812,906$689,596$655,844$832,944
67$843,642$671,205$625,634$846,439
68$875,869$650,270$592,768$859,981
69$909,687$626,613$557,105$873,572
70$945,206$600,048$518,499$887,221
71$982,545$570,377$476,796$900,936
72$1,021,830$537,392$431,835$914,728
73$1,063,204$500,871$383,448$928,615
74$1,106,818$460,581$331,461$942,615
75$1,152,838$416,274$275,689$956,752
76$1,201,445$367,689$215,943$971,058
77$1,252,838$314,551$152,022$985,568
78$1,307,231$256,568$83,719$1,000,324
79$1,364,860$193,432$10,815$1,015,379
80$1,425,983$124,817$0$1,030,791
81$1,490,881$50,380$0$1,051,635
82$1,559,860$0$0$1,074,176
83$1,633,258$0$0$1,107,702
84$1,711,443$0$0$1,161,157
85$1,794,818$0$0$1,218,189
86$1,883,825$0$0$1,279,105
87$1,978,947$0$0$1,344,238
88$2,080,715$0$0$1,413,958
89$2,189,711$0$0$1,488,665
90$2,306,573$0$0$1,568,803
91$2,432,000$0$0$1,654,857
92$2,566,761$0$0$1,747,358
93$2,711,698$0$0$1,846,891
94$2,867,737$0$0$1,954,097
95$3,035,895$0$0$2,069,681
96$3,217,288$0$0$2,194,418
97$3,413,142$0$0$2,329,156
98$3,624,806$0$0$2,474,832
99$3,853,761$0$0$2,632,471
100$4,101,635$0$0$2,803,204