Can I retire at age 68 with 525,000?

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 $525,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$43,354$42,968$42,591$42,223$41,864$41,154
2 years$21,462$21,063$20,675$20,300$19,935$19,222
3 years$14,166$13,765$13,378$13,006$12,648$11,953
4 years$10,519$10,118$9,736$9,370$9,021$8,350
5 years$8,331$7,933$7,556$7,197$6,857$6,214
6 years$6,873$6,478$6,106$5,756$5,426$4,809
7 years$5,832$5,440$5,074$4,732$4,413$3,823
8 years$5,051$4,663$4,303$3,970$3,661$3,099
9 years$4,444$4,060$3,706$3,381$3,083$2,548
10 years$3,959$3,579$3,231$2,915$2,627$2,118
11 years$3,563$3,186$2,845$2,537$2,259$1,776
12 years$3,232$2,860$2,525$2,225$1,958$1,500
13 years$2,953$2,584$2,256$1,964$1,707$1,274
14 years$2,714$2,349$2,027$1,744$1,496$1,087
15 years$2,507$2,146$1,830$1,555$1,318$931
16 years$2,326$1,969$1,659$1,392$1,165$800
17 years$2,166$1,813$1,510$1,251$1,033$690
18 years$2,025$1,675$1,378$1,127$918$596
19 years$1,898$1,553$1,262$1,019$818$515
20 years$1,784$1,443$1,158$923$731$447
21 years$1,681$1,344$1,065$837$654$388
22 years$1,588$1,255$982$761$586$337
23 years$1,503$1,173$906$693$526$293
24 years$1,425$1,099$838$632$473$256
25 years$1,354$1,032$776$578$426$223
26 years$1,288$970$720$528$383$194
27 years$1,227$913$669$483$346$170
28 years$1,170$860$622$443$312$148
29 years$1,118$811$578$406$282$129
30 years$1,069$766$539$373$255$113
31 years$1,023$724$502$342$230$99
32 years$980$685$469$315$208$86
33 years$940$649$438$289$188$76
34 years$903$615$409$266$171$66
35 years$867$583$382$245$154$58
36 years$834$554$358$226$140$51
37 years$802$526$335$208$127$44
38 years$773$500$313$192$115$39
39 years$744$475$294$177$104$34
40 years$718$452$275$163$95$30
41 years$692$430$258$150$86$26
42 years$668$410$242$139$78$23
43 years$646$391$227$128$71$20
44 years$624$372$213$118$64$18
45 years$603$355$200$109$58$15
46 years$583$339$188$101$53$13
47 years$564$323$177$93$48$12
48 years$546$309$166$86$44$10
49 years$529$295$156$80$40$9
50 years$513$281$147$74$36$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 68 starting with $525,000, adding $4,109 every year, while hoping to spend $28,677 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: 42/49/9 Blend
67$525,000$525,000$525,000$525,000
68$582,788$554,963$546,826$605,561
69$611,721$551,645$534,632$618,540
70$642,643$547,202$521,069$629,374
71$675,728$541,550$506,061$640,455
72$711,165$534,599$489,526$651,818
73$749,162$526,252$471,383$663,500
74$789,946$516,408$451,545$675,547
75$833,768$504,960$429,919$688,012
76$880,902$491,792$406,411$700,954
77$931,649$476,786$380,921$714,441
78$986,341$459,812$353,346$728,551
79$1,045,341$440,736$323,576$743,373
80$1,109,049$419,415$291,498$759,008
81$1,177,903$395,697$256,994$775,570
82$1,252,385$369,422$219,940$793,188
83$1,333,026$340,421$180,205$812,010
84$1,420,408$308,516$137,656$832,201
85$1,515,174$273,517$92,151$853,946
86$1,618,026$235,224$43,543$877,457
87$1,729,742$193,427$0$902,968
88$1,851,172$147,901$0$931,546
89$1,983,256$98,413$0$967,202
90$2,127,025$44,712$0$1,006,100
91$2,283,615$0$0$1,048,631
92$2,454,276$0$0$1,102,489
93$2,640,383$0$0$1,187,573
94$2,843,449$0$0$1,280,474
95$3,065,142$0$0$1,381,961
96$3,307,294$0$0$1,492,882
97$3,571,925$0$0$1,614,171
98$3,861,258$0$0$1,746,856
99$4,177,741$0$0$1,892,068
100$4,524,067$0$0$2,051,052