Can I retire at age 68 with 525,000?

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 $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%13.7%
1 years$43,354$42,968$42,591$42,223$41,864$41,222
2 years$21,462$21,063$20,675$20,300$19,935$19,289
3 years$14,166$13,765$13,378$13,006$12,648$12,019
4 years$10,519$10,118$9,736$9,370$9,021$8,413
5 years$8,331$7,933$7,556$7,197$6,857$6,273
6 years$6,873$6,478$6,106$5,756$5,426$4,866
7 years$5,832$5,440$5,074$4,732$4,413$3,877
8 years$5,051$4,663$4,303$3,970$3,661$3,150
9 years$4,444$4,060$3,706$3,381$3,083$2,596
10 years$3,959$3,579$3,231$2,915$2,627$2,163
11 years$3,563$3,186$2,845$2,537$2,259$1,819
12 years$3,232$2,860$2,525$2,225$1,958$1,540
13 years$2,953$2,584$2,256$1,964$1,707$1,311
14 years$2,714$2,349$2,027$1,744$1,496$1,122
15 years$2,507$2,146$1,830$1,555$1,318$963
16 years$2,326$1,969$1,659$1,392$1,165$830
17 years$2,166$1,813$1,510$1,251$1,033$718
18 years$2,025$1,675$1,378$1,127$918$622
19 years$1,898$1,553$1,262$1,019$818$540
20 years$1,784$1,443$1,158$923$731$469
21 years$1,681$1,344$1,065$837$654$409
22 years$1,588$1,255$982$761$586$356
23 years$1,503$1,173$906$693$526$311
24 years$1,425$1,099$838$632$473$272
25 years$1,354$1,032$776$578$426$238
26 years$1,288$970$720$528$383$208
27 years$1,227$913$669$483$346$182
28 years$1,170$860$622$443$312$159
29 years$1,118$811$578$406$282$140
30 years$1,069$766$539$373$255$123
31 years$1,023$724$502$342$230$108
32 years$980$685$469$315$208$94
33 years$940$649$438$289$188$83
34 years$903$615$409$266$171$73
35 years$867$583$382$245$154$64
36 years$834$554$358$226$140$56
37 years$802$526$335$208$127$49
38 years$773$500$313$192$115$43
39 years$744$475$294$177$104$38
40 years$718$452$275$163$95$33
41 years$692$430$258$150$86$29
42 years$668$410$242$139$78$26
43 years$646$391$227$128$71$23
44 years$624$372$213$118$64$20
45 years$603$355$200$109$58$18
46 years$583$339$188$101$53$15
47 years$564$323$177$93$48$14
48 years$546$309$166$86$44$12
49 years$529$295$156$80$40$10
50 years$513$281$147$74$36$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 68 starting with $525,000, adding $4,258 every year, while hoping to spend $30,101 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: 63/21/16 Blend
67$525,000$525,000$525,000$525,000
68$582,942$555,117$546,980$617,098
69$610,375$550,291$533,276$635,724
70$639,597$544,219$518,105$652,246
71$670,759$536,809$501,385$669,567
72$704,027$527,962$483,031$687,765
73$739,580$517,575$462,955$706,929
74$777,618$505,537$441,065$727,157
75$818,357$491,730$417,263$748,557
76$862,037$476,033$391,448$771,253
77$908,918$458,312$363,516$795,378
78$959,289$438,430$333,354$821,084
79$1,013,463$416,240$300,849$848,539
80$1,071,788$391,587$265,878$877,928
81$1,134,643$364,308$228,318$909,458
82$1,202,445$334,227$188,035$943,360
83$1,275,653$301,163$144,893$979,889
84$1,354,771$264,922$98,749$1,019,328
85$1,440,353$225,298$49,452$1,061,991
86$1,533,007$182,075$0$1,108,229
87$1,633,402$135,026$0$1,158,968
88$1,742,275$83,908$0$1,223,143
89$1,860,434$28,466$0$1,292,807
90$1,988,769$0$0$1,368,520
91$2,128,260$0$0$1,458,193
92$2,279,983$0$0$1,562,918
93$2,445,122$0$0$1,676,938
94$2,624,982$0$0$1,801,158
95$2,820,997$0$0$1,936,574
96$3,034,746$0$0$2,084,280
97$3,267,967$0$0$2,245,483
98$3,522,572$0$0$2,421,510
99$3,800,666$0$0$2,613,822
100$4,104,569$0$0$2,824,027