Can I retire at age 60 with 526,000?

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 $526,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$43,437$43,050$42,672$42,304$41,944$41,489
2 years$21,503$21,103$20,715$20,338$19,973$19,515
3 years$14,193$13,791$13,404$13,031$12,672$12,225
4 years$10,539$10,138$9,755$9,388$9,038$8,605
5 years$8,347$7,948$7,570$7,211$6,870$6,453
6 years$6,886$6,490$6,118$5,767$5,436$5,036
7 years$5,843$5,451$5,084$4,741$4,421$4,037
8 years$5,061$4,672$4,311$3,977$3,668$3,300
9 years$4,453$4,068$3,713$3,388$3,089$2,737
10 years$3,967$3,586$3,237$2,920$2,632$2,297
11 years$3,570$3,192$2,850$2,541$2,263$1,944
12 years$3,239$2,865$2,529$2,229$1,961$1,657
13 years$2,959$2,589$2,260$1,968$1,710$1,422
14 years$2,719$2,353$2,031$1,747$1,499$1,225
15 years$2,512$2,150$1,833$1,558$1,320$1,060
16 years$2,330$1,973$1,662$1,395$1,167$921
17 years$2,171$1,817$1,513$1,253$1,035$802
18 years$2,029$1,679$1,381$1,130$920$700
19 years$1,902$1,556$1,264$1,021$820$613
20 years$1,788$1,446$1,160$924$732$537
21 years$1,685$1,347$1,067$839$655$472
22 years$1,591$1,257$983$763$587$415
23 years$1,506$1,176$908$695$527$365
24 years$1,428$1,102$840$634$474$322
25 years$1,356$1,034$778$579$426$284
26 years$1,290$972$721$529$384$250
27 years$1,229$914$670$484$346$221
28 years$1,172$862$623$444$313$196
29 years$1,120$813$579$407$282$173
30 years$1,071$768$540$373$255$153
31 years$1,025$726$503$343$231$135
32 years$982$687$469$315$209$120
33 years$942$650$438$290$189$106
34 years$904$616$410$267$171$94
35 years$869$584$383$245$155$83
36 years$835$555$358$226$140$74
37 years$804$527$335$208$127$66
38 years$774$501$314$192$115$58
39 years$746$476$294$177$104$52
40 years$719$453$276$163$95$46
41 years$694$431$259$151$86$41
42 years$670$411$243$139$78$36
43 years$647$391$228$128$71$32
44 years$625$373$214$119$64$28
45 years$604$356$201$109$58$25
46 years$584$339$188$101$53$22
47 years$565$324$177$93$48$20
48 years$547$309$166$86$44$18
49 years$530$295$156$80$40$16
50 years$514$282$147$74$36$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 60 starting with $526,000, adding $3,212 every year, while hoping to spend $30,129 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: 49/44/7 Blend
59$526,000$526,000$526,000$526,000
60$582,965$555,087$546,934$610,319
61$610,371$550,229$533,199$624,495
62$639,562$544,124$517,995$636,414
63$670,688$536,677$501,239$648,649
64$703,916$527,792$482,848$661,239
65$739,424$517,363$462,732$674,226
66$777,411$505,279$440,799$687,659
67$818,094$491,424$416,953$701,593
68$861,709$475,674$391,091$716,094
69$908,519$457,898$363,108$731,234
70$958,810$437,956$332,894$747,096
71$1,012,895$415,703$300,332$763,772
72$1,071,120$390,982$265,303$781,370
73$1,133,863$363,629$227,680$800,008
74$1,201,541$333,471$187,331$819,822
75$1,274,611$300,324$144,119$840,965
76$1,353,576$263,994$97,901$863,607
77$1,438,986$224,275$48,527$887,941
78$1,531,450$180,952$0$914,185
79$1,631,635$133,796$0$942,891
80$1,740,274$82,564$0$977,910
81$1,858,173$27,001$0$1,015,931
82$1,986,221$0$0$1,057,308
83$2,125,392$0$0$1,118,493
84$2,276,761$0$0$1,199,311
85$2,441,510$0$0$1,287,324
86$2,620,936$0$0$1,383,233
87$2,816,472$0$0$1,487,809
88$3,029,691$0$0$1,601,903
89$3,262,325$0$0$1,726,447
90$3,516,281$0$0$1,862,472
91$3,793,659$0$0$2,011,108
92$4,096,768$0$0$2,173,603
93$4,428,154$0$0$2,351,330
94$4,790,617$0$0$2,545,800
95$5,187,241$0$0$2,758,676
96$5,621,422$0$0$2,991,792
97$6,096,900$0$0$3,247,165
98$6,617,792$0$0$3,527,017
99$7,188,634$0$0$3,833,797
100$7,814,421$0$0$4,170,200