Can I retire at age 59 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%14.5%
1 years$43,354$42,968$42,591$42,223$41,864$41,086
2 years$21,462$21,063$20,675$20,300$19,935$19,154
3 years$14,166$13,765$13,378$13,006$12,648$11,888
4 years$10,519$10,118$9,736$9,370$9,021$8,288
5 years$8,331$7,933$7,556$7,197$6,857$6,154
6 years$6,873$6,478$6,106$5,756$5,426$4,753
7 years$5,832$5,440$5,074$4,732$4,413$3,770
8 years$5,051$4,663$4,303$3,970$3,661$3,049
9 years$4,444$4,060$3,706$3,381$3,083$2,500
10 years$3,959$3,579$3,231$2,915$2,627$2,074
11 years$3,563$3,186$2,845$2,537$2,259$1,735
12 years$3,232$2,860$2,525$2,225$1,958$1,461
13 years$2,953$2,584$2,256$1,964$1,707$1,238
14 years$2,714$2,349$2,027$1,744$1,496$1,053
15 years$2,507$2,146$1,830$1,555$1,318$900
16 years$2,326$1,969$1,659$1,392$1,165$771
17 years$2,166$1,813$1,510$1,251$1,033$662
18 years$2,025$1,675$1,378$1,127$918$571
19 years$1,898$1,553$1,262$1,019$818$492
20 years$1,784$1,443$1,158$923$731$426
21 years$1,681$1,344$1,065$837$654$368
22 years$1,588$1,255$982$761$586$319
23 years$1,503$1,173$906$693$526$277
24 years$1,425$1,099$838$632$473$240
25 years$1,354$1,032$776$578$426$209
26 years$1,288$970$720$528$383$182
27 years$1,227$913$669$483$346$158
28 years$1,170$860$622$443$312$138
29 years$1,118$811$578$406$282$120
30 years$1,069$766$539$373$255$104
31 years$1,023$724$502$342$230$91
32 years$980$685$469$315$208$79
33 years$940$649$438$289$188$69
34 years$903$615$409$266$171$60
35 years$867$583$382$245$154$53
36 years$834$554$358$226$140$46
37 years$802$526$335$208$127$40
38 years$773$500$313$192$115$35
39 years$744$475$294$177$104$30
40 years$718$452$275$163$95$27
41 years$692$430$258$150$86$23
42 years$668$410$242$139$78$20
43 years$646$391$227$128$71$18
44 years$624$372$213$118$64$15
45 years$603$355$200$109$58$13
46 years$583$339$188$101$53$12
47 years$564$323$177$93$48$10
48 years$546$309$166$86$44$9
49 years$529$295$156$80$40$8
50 years$513$281$147$74$36$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $525,000, adding $5,050 every year, while hoping to spend $43,540 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: 47/25/28 Blend
58$525,000$525,000$525,000$525,000
59$583,759$555,934$547,797$606,305
60$596,976$536,849$519,822$603,635
61$610,082$515,369$489,450$596,103
62$623,020$491,331$456,556$587,086
63$635,725$464,563$421,007$576,467
64$648,124$434,881$382,666$564,121
65$660,135$402,094$341,388$549,914
66$671,668$365,995$297,024$533,701
67$682,619$326,370$249,415$515,327
68$692,875$282,990$198,399$494,625
69$702,306$235,615$143,803$471,417
70$710,770$183,989$85,449$445,509
71$718,107$127,843$23,151$416,696
72$724,140$66,894$0$384,754
73$728,672$841$0$362,389
74$731,482$0$0$344,620
75$732,325$0$0$343,740
76$730,931$0$0$341,898
77$726,998$0$0$338,705
78$720,191$0$0$333,988
79$710,140$0$0$327,553
80$696,433$0$0$319,185
81$678,614$0$0$308,648
82$656,179$0$0$295,679
83$628,569$0$0$279,987
84$595,164$0$0$261,249
85$555,280$0$0$239,111
86$508,159$0$0$213,178
87$452,964$0$0$183,014
88$388,767$0$0$148,139
89$314,545$0$0$108,020
90$229,164$0$0$62,069
91$131,375$0$0$9,636
92$19,795$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0