Can I retire at age 59 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$60,778$60,237$59,709$59,193$58,690$56,428
2 years$30,088$29,528$28,985$28,458$27,947$25,696
3 years$19,860$19,297$18,755$18,233$17,731$15,560
4 years$14,746$14,185$13,649$13,136$12,646$10,573
5 years$11,679$11,121$10,592$10,090$9,613$7,643
6 years$9,635$9,081$8,560$8,069$7,607$5,740
7 years$8,175$7,627$7,113$6,634$6,186$4,423
8 years$7,081$6,537$6,033$5,565$5,132$3,471
9 years$6,231$5,692$5,196$4,740$4,322$2,760
10 years$5,551$5,017$4,530$4,086$3,683$2,217
11 years$4,995$4,467$3,988$3,556$3,167$1,795
12 years$4,532$4,009$3,539$3,119$2,745$1,462
13 years$4,140$3,623$3,162$2,754$2,393$1,196
14 years$3,805$3,293$2,841$2,444$2,098$983
15 years$3,515$3,008$2,565$2,180$1,847$810
16 years$3,261$2,760$2,326$1,952$1,633$669
17 years$3,037$2,542$2,116$1,754$1,448$554
18 years$2,838$2,349$1,932$1,581$1,287$459
19 years$2,661$2,177$1,769$1,428$1,147$382
20 years$2,501$2,023$1,623$1,293$1,025$317
21 years$2,357$1,884$1,493$1,174$917$264
22 years$2,226$1,759$1,376$1,067$822$220
23 years$2,107$1,645$1,271$972$738$183
24 years$1,998$1,541$1,175$887$663$153
25 years$1,898$1,446$1,088$810$597$127
26 years$1,805$1,359$1,009$740$538$106
27 years$1,720$1,279$937$678$485$89
28 years$1,640$1,206$871$621$437$74
29 years$1,567$1,137$811$569$395$62
30 years$1,498$1,074$755$523$357$52
31 years$1,434$1,015$704$480$323$43
32 years$1,374$961$657$441$292$36
33 years$1,318$910$613$406$264$30
34 years$1,265$862$573$373$239$25
35 years$1,216$818$536$344$217$21
36 years$1,169$776$501$316$196$18
37 years$1,125$737$469$291$178$15
38 years$1,083$701$439$269$161$12
39 years$1,044$666$412$248$146$10
40 years$1,006$634$386$228$133$9
41 years$971$603$362$211$120$7
42 years$937$575$339$195$109$6
43 years$905$548$318$180$99$5
44 years$874$522$299$166$90$4
45 years$845$498$281$153$82$4
46 years$818$475$264$141$74$3
47 years$791$453$248$131$67$2
48 years$766$433$233$121$61$2
49 years$742$413$219$112$56$2
50 years$719$395$206$103$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $736,000, adding $2,938 every year, while hoping to spend $54,075 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: 57/21/22 Blend
58$736,000$736,000$736,000$736,000
59$814,103$775,095$763,687$855,526
60$839,606$755,539$731,735$864,563
61$865,898$733,212$696,900$868,377
62$893,002$707,923$659,029$871,362
63$920,943$679,465$617,961$873,453
64$949,744$647,625$573,528$874,578
65$979,432$612,172$525,555$874,664
66$1,010,031$572,865$473,858$873,632
67$1,041,568$529,450$418,247$871,399
68$1,074,071$481,656$358,520$867,877
69$1,107,566$429,196$294,470$862,973
70$1,142,081$371,771$225,879$856,589
71$1,177,646$309,060$152,518$848,622
72$1,214,289$240,727$74,151$838,961
73$1,252,040$166,416$0$827,490
74$1,290,930$85,752$0$816,313
75$1,330,988$0$0$821,794
76$1,372,246$0$0$826,821
77$1,414,736$0$0$852,404
78$1,458,490$0$0$878,745
79$1,503,539$0$0$905,864
80$1,549,915$0$0$933,781
81$1,597,652$0$0$962,513
82$1,646,783$0$0$992,081
83$1,697,338$0$0$1,022,504
84$1,749,352$0$0$1,053,801
85$1,802,857$0$0$1,085,990
86$1,857,883$0$0$1,119,091
87$1,914,463$0$0$1,153,121
88$1,972,627$0$0$1,188,099
89$2,032,404$0$0$1,224,042
90$2,093,824$0$0$1,260,966
91$2,156,913$0$0$1,298,886
92$2,221,697$0$0$1,337,816
93$2,288,200$0$0$1,377,771
94$2,356,442$0$0$1,418,762
95$2,426,443$0$0$1,460,797
96$2,498,218$0$0$1,503,886
97$2,571,778$0$0$1,548,034
98$2,647,132$0$0$1,593,244
99$2,724,283$0$0$1,639,515
100$2,803,228$0$0$1,686,845