Can I retire at age 66 with 484,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $484,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$39,968$39,612$39,265$38,926$38,595$37,122
2 years$19,786$19,418$19,061$18,714$18,378$16,912
3 years$13,060$12,690$12,333$11,990$11,660$10,246
4 years$9,697$9,328$8,976$8,638$8,316$6,965
5 years$7,680$7,313$6,965$6,635$6,322$5,038
6 years$6,336$5,972$5,629$5,306$5,002$3,786
7 years$5,376$5,015$4,678$4,363$4,068$2,919
8 years$4,657$4,299$3,967$3,660$3,375$2,292
9 years$4,097$3,743$3,417$3,117$2,842$1,824
10 years$3,650$3,299$2,979$2,687$2,422$1,466
11 years$3,285$2,937$2,623$2,339$2,083$1,187
12 years$2,980$2,636$2,328$2,051$1,805$968
13 years$2,723$2,382$2,079$1,811$1,574$793
14 years$2,502$2,166$1,868$1,608$1,380$652
15 years$2,311$1,978$1,687$1,434$1,215$537
16 years$2,144$1,815$1,529$1,284$1,074$444
17 years$1,997$1,672$1,392$1,153$952$368
18 years$1,867$1,545$1,270$1,039$846$305
19 years$1,750$1,432$1,163$939$754$254
20 years$1,645$1,330$1,067$851$674$211
21 years$1,550$1,239$982$772$603$176
22 years$1,464$1,157$905$702$541$147
23 years$1,386$1,082$835$639$485$122
24 years$1,314$1,014$773$583$436$102
25 years$1,248$951$716$532$392$85
26 years$1,187$894$664$487$353$71
27 years$1,131$841$616$446$319$59
28 years$1,079$793$573$408$288$50
29 years$1,030$748$533$374$260$42
30 years$985$706$497$344$235$35
31 years$943$668$463$316$212$29
32 years$904$632$432$290$192$24
33 years$867$598$403$267$174$20
34 years$832$567$377$245$157$17
35 years$799$538$352$226$142$14
36 years$769$510$330$208$129$12
37 years$740$485$309$192$117$10
38 years$712$461$289$177$106$8
39 years$686$438$271$163$96$7
40 years$662$417$254$150$87$6
41 years$638$397$238$139$79$5
42 years$616$378$223$128$72$4
43 years$595$360$209$118$65$3
44 years$575$343$197$109$59$3
45 years$556$327$185$101$54$2
46 years$538$312$173$93$49$2
47 years$520$298$163$86$44$2
48 years$504$284$153$79$40$1
49 years$488$272$144$73$37$1
50 years$473$259$135$68$33$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 66 starting with $484,000, adding $2,492 every year, while hoping to spend $23,475 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: 53/37/10 Blend
65$484,000$484,000$484,000$484,000
66$535,938$510,286$502,784$562,846
67$565,627$510,313$494,651$581,437
68$597,557$509,555$485,457$598,901
69$631,932$507,947$475,145$617,350
70$668,977$505,424$463,649$636,882
71$708,936$501,914$450,905$657,606
72$752,081$497,340$436,844$679,644
73$798,707$491,624$421,392$703,131
74$849,142$484,681$404,476$728,216
75$903,744$476,419$386,015$755,066
76$962,906$466,744$365,927$783,865
77$1,027,063$455,556$344,126$814,820
78$1,096,691$442,746$320,522$848,156
79$1,172,315$428,201$295,021$884,128
80$1,254,511$411,803$267,524$923,015
81$1,343,913$393,423$237,928$965,128
82$1,441,220$372,928$206,126$1,010,811
83$1,547,199$350,177$172,006$1,060,447
84$1,662,695$325,018$135,450$1,114,458
85$1,788,640$297,293$96,337$1,173,315
86$1,926,055$266,835$54,539$1,237,536
87$2,076,069$233,466$9,922$1,307,698
88$2,239,921$196,999$0$1,384,437
89$2,418,977$157,236$0$1,472,481
90$2,614,740$113,968$0$1,569,982
91$2,828,866$66,974$0$1,676,760
92$3,063,176$16,021$0$1,793,788
93$3,319,677$0$0$1,922,144
94$3,600,579$0$0$2,078,952
95$3,908,315$0$0$2,257,933
96$4,245,566$0$0$2,454,127
97$4,615,282$0$0$2,669,259
98$5,020,714$0$0$2,905,226
99$5,465,442$0$0$3,164,118
100$5,953,410$0$0$3,448,238