Can I retire at age 65 with 636,000?

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 $636,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$52,520$52,052$51,596$51,151$50,716$49,753
2 years$26,000$25,516$25,047$24,592$24,150$23,184
3 years$17,161$16,675$16,207$15,756$15,322$14,382
4 years$12,743$12,258$11,794$11,351$10,928$10,022
5 years$10,092$9,610$9,153$8,719$8,307$7,438
6 years$8,326$7,848$7,397$6,973$6,573$5,741
7 years$7,065$6,590$6,147$5,733$5,346$4,552
8 years$6,119$5,649$5,213$4,809$4,435$3,678
9 years$5,384$4,919$4,490$4,096$3,735$3,015
10 years$4,796$4,335$3,914$3,531$3,182$2,499
11 years$4,316$3,860$3,446$3,073$2,737$2,089
12 years$3,916$3,464$3,058$2,695$2,372$1,758
13 years$3,578$3,131$2,733$2,380$2,068$1,488
14 years$3,288$2,846$2,455$2,112$1,813$1,266
15 years$3,037$2,600$2,217$1,884$1,596$1,081
16 years$2,818$2,385$2,010$1,687$1,411$925
17 years$2,624$2,197$1,829$1,516$1,251$795
18 years$2,453$2,030$1,669$1,366$1,112$684
19 years$2,299$1,881$1,528$1,234$991$590
20 years$2,162$1,748$1,403$1,118$885$509
21 years$2,037$1,628$1,290$1,014$792$440
22 years$1,924$1,520$1,189$922$710$381
23 years$1,821$1,422$1,098$840$638$331
24 years$1,726$1,332$1,015$766$573$287
25 years$1,640$1,250$940$700$516$249
26 years$1,560$1,175$872$640$465$216
27 years$1,486$1,106$810$586$419$188
28 years$1,418$1,042$753$537$378$164
29 years$1,354$983$701$492$341$142
30 years$1,295$928$653$452$308$124
31 years$1,239$877$608$415$279$108
32 years$1,188$830$568$381$252$94
33 years$1,139$786$530$350$228$82
34 years$1,093$745$495$322$207$71
35 years$1,051$707$463$297$187$62
36 years$1,010$671$433$273$170$54
37 years$972$637$405$252$154$47
38 years$936$605$380$232$139$41
39 years$902$576$356$214$126$36
40 years$870$548$333$197$115$31
41 years$839$521$313$182$104$27
42 years$810$497$293$168$94$24
43 years$782$473$275$155$86$21
44 years$756$451$258$143$78$18
45 years$731$430$243$132$71$16
46 years$707$410$228$122$64$14
47 years$684$392$214$113$58$12
48 years$662$374$201$104$53$10
49 years$641$357$189$96$48$9
50 years$621$341$178$89$44$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $636,000, adding $2,438 every year, while hoping to spend $39,169 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: 66/6/28 Blend
64$636,000$636,000$636,000$636,000
65$703,387$669,679$659,821$744,476
66$733,457$660,818$640,249$763,644
67$765,281$650,209$618,709$779,994
68$798,997$637,727$595,094$797,005
69$834,756$623,237$569,290$814,745
70$872,721$606,595$541,181$833,291
71$913,072$587,652$510,645$852,729
72$956,006$566,248$477,552$873,154
73$1,001,739$542,214$441,770$894,675
74$1,050,505$515,371$403,158$917,410
75$1,102,562$485,530$361,569$941,493
76$1,158,194$452,491$316,853$967,074
77$1,217,710$416,044$268,848$994,318
78$1,281,451$375,964$217,388$1,023,411
79$1,349,788$332,016$162,300$1,054,558
80$1,423,131$283,949$103,401$1,087,989
81$1,501,928$231,500$40,503$1,123,959
82$1,586,672$174,391$0$1,162,751
83$1,677,904$112,328$0$1,212,634
84$1,776,218$44,999$0$1,279,435
85$1,882,265$0$0$1,351,494
86$1,996,762$0$0$1,431,154
87$2,120,497$0$0$1,520,484
88$2,254,336$0$0$1,617,140
89$2,399,228$0$0$1,721,815
90$2,556,220$0$0$1,835,268
91$2,726,463$0$0$1,958,335
92$2,911,219$0$0$2,091,935
93$3,111,880$0$0$2,237,078
94$3,329,976$0$0$2,394,876
95$3,567,189$0$0$2,566,553
96$3,825,371$0$0$2,753,454
97$4,106,558$0$0$2,957,060
98$4,412,993$0$0$3,179,000
99$4,747,143$0$0$3,421,068
100$5,111,724$0$0$3,685,238