Can I retire at age 63 with 528,000?

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 $528,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$43,602$43,213$42,834$42,465$42,103$41,698
2 years$21,585$21,183$20,793$20,416$20,049$19,641
3 years$14,247$13,843$13,455$13,081$12,720$12,322
4 years$10,579$10,176$9,792$9,424$9,072$8,687
5 years$8,378$7,978$7,599$7,238$6,896$6,525
6 years$6,912$6,515$6,141$5,789$5,457$5,100
7 years$5,865$5,471$5,103$4,759$4,438$4,095
8 years$5,080$4,690$4,328$3,992$3,682$3,353
9 years$4,470$4,083$3,728$3,401$3,101$2,786
10 years$3,982$3,599$3,250$2,931$2,642$2,342
11 years$3,583$3,204$2,861$2,551$2,272$1,986
12 years$3,251$2,876$2,539$2,238$1,969$1,697
13 years$2,970$2,599$2,269$1,976$1,717$1,458
14 years$2,730$2,362$2,038$1,754$1,505$1,259
15 years$2,521$2,158$1,840$1,564$1,325$1,092
16 years$2,339$1,980$1,668$1,400$1,171$950
17 years$2,179$1,824$1,518$1,258$1,038$829
18 years$2,036$1,685$1,386$1,134$923$726
19 years$1,909$1,562$1,269$1,025$823$636
20 years$1,795$1,451$1,164$928$735$559
21 years$1,691$1,352$1,071$842$658$492
22 years$1,597$1,262$987$766$590$433
23 years$1,512$1,180$911$697$529$382
24 years$1,433$1,106$843$636$476$338
25 years$1,361$1,038$781$581$428$299
26 years$1,295$975$724$531$386$264
27 years$1,234$918$672$486$348$234
28 years$1,177$865$625$445$314$207
29 years$1,124$816$582$408$283$184
30 years$1,075$770$542$375$256$163
31 years$1,029$728$505$344$231$145
32 years$986$689$471$316$209$128
33 years$946$653$440$291$189$114
34 years$908$619$411$268$172$101
35 years$872$587$384$246$155$90
36 years$839$557$360$227$141$80
37 years$807$529$337$209$128$71
38 years$777$503$315$193$116$63
39 years$749$478$295$178$105$56
40 years$722$455$277$164$95$50
41 years$696$433$260$151$86$44
42 years$672$412$243$140$78$40
43 years$649$393$228$129$71$35
44 years$627$374$214$119$65$31
45 years$606$357$201$110$59$28
46 years$587$341$189$101$53$25
47 years$568$325$178$94$48$22
48 years$549$310$167$87$44$20
49 years$532$296$157$80$40$17
50 years$516$283$148$74$36$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $528,000, adding $5,432 every year, while hoping to spend $46,694 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: 37/45/18 Blend
62$528,000$528,000$528,000$528,000
63$587,459$559,475$551,291$605,819
64$597,698$537,207$520,077$597,314
65$607,416$512,283$486,253$583,322
66$616,511$484,524$449,681$567,229
67$624,869$453,739$410,219$548,874
68$632,361$419,728$367,717$528,080
69$638,847$382,279$322,020$504,662
70$644,166$341,168$272,964$478,419
71$648,142$296,157$220,380$449,135
72$650,580$246,996$164,090$416,579
73$651,261$193,420$103,909$380,502
74$649,942$135,150$39,643$340,639
75$646,355$71,892$0$296,703
76$640,201$3,332$0$253,943
77$631,148$0$0$214,958
78$618,830$0$0$206,898
79$602,839$0$0$198,947
80$582,725$0$0$189,270
81$557,990$0$0$177,662
82$528,079$0$0$163,896
83$492,383$0$0$147,721
84$450,225$0$0$128,861
85$400,857$0$0$107,008
86$343,451$0$0$81,824
87$277,094$0$0$52,934
88$200,775$0$0$19,923
89$113,376$0$0$0
90$13,665$0$0$0
91$0$0$0$0
92$0$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