Can I retire at age 64 with 552,000?

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 $552,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$45,584$45,178$44,781$44,395$44,017$42,304
2 years$22,566$22,146$21,739$21,344$20,961$19,255
3 years$14,895$14,473$14,066$13,675$13,298$11,655
4 years$11,060$10,639$10,237$9,852$9,484$7,915
5 years$8,759$8,341$7,944$7,567$7,210$5,718
6 years$7,226$6,811$6,420$6,052$5,705$4,293
7 years$6,132$5,720$5,335$4,975$4,640$3,306
8 years$5,311$4,903$4,525$4,174$3,849$2,593
9 years$4,673$4,269$3,897$3,555$3,241$2,060
10 years$4,163$3,763$3,397$3,065$2,762$1,654
11 years$3,746$3,350$2,991$2,667$2,375$1,338
12 years$3,399$3,007$2,655$2,339$2,058$1,089
13 years$3,105$2,717$2,372$2,065$1,795$891
14 years$2,854$2,470$2,131$1,833$1,573$731
15 years$2,636$2,256$1,924$1,635$1,385$602
16 years$2,446$2,070$1,744$1,464$1,224$497
17 years$2,278$1,906$1,587$1,315$1,086$411
18 years$2,129$1,762$1,449$1,185$965$341
19 years$1,996$1,633$1,326$1,071$860$283
20 years$1,876$1,517$1,217$970$769$235
21 years$1,768$1,413$1,120$880$688$195
22 years$1,670$1,319$1,032$801$616$163
23 years$1,580$1,234$953$729$553$135
24 years$1,498$1,156$881$665$497$113
25 years$1,423$1,085$816$607$448$94
26 years$1,354$1,020$757$555$403$78
27 years$1,290$960$703$508$363$65
28 years$1,230$904$653$466$328$55
29 years$1,175$853$608$427$296$46
30 years$1,124$806$566$392$268$38
31 years$1,076$761$528$360$242$32
32 years$1,031$721$493$331$219$26
33 years$989$682$460$304$198$22
34 years$949$647$430$280$179$18
35 years$912$613$402$258$162$15
36 years$877$582$376$237$147$13
37 years$844$553$352$219$133$11
38 years$812$526$330$202$121$9
39 years$783$500$309$186$110$8
40 years$755$475$289$171$99$6
41 years$728$453$271$158$90$5
42 years$703$431$255$146$82$4
43 years$679$411$239$135$74$4
44 years$656$391$224$124$67$3
45 years$634$373$210$115$61$3
46 years$613$356$198$106$56$2
47 years$593$340$186$98$50$2
48 years$574$324$175$91$46$1
49 years$556$310$164$84$42$1
50 years$539$296$154$77$38$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $552,000, adding $3,109 every year, while hoping to spend $29,528 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: 77/18/5 Blend
63$552,000$552,000$552,000$552,000
64$611,511$582,255$573,699$658,193
65$642,467$579,368$561,500$686,368
66$675,592$575,350$547,903$713,103
67$711,074$570,114$532,830$741,534
68$749,123$563,568$516,199$771,818
69$789,966$555,616$497,924$804,126
70$833,855$546,154$477,917$838,647
71$881,065$535,072$456,084$875,589
72$931,899$522,255$432,328$915,182
73$986,687$507,581$406,546$957,678
74$1,045,796$490,919$378,632$1,003,359
75$1,109,626$472,133$348,475$1,052,532
76$1,178,617$451,076$315,958$1,105,537
77$1,253,253$427,596$280,959$1,162,751
78$1,334,066$401,529$243,352$1,224,586
79$1,421,640$372,704$203,005$1,291,501
80$1,516,620$340,939$159,777$1,363,999
81$1,619,711$306,041$113,526$1,442,638
82$1,731,693$267,808$64,100$1,528,030
83$1,853,420$226,025$11,342$1,620,853
84$1,985,833$180,464$0$1,721,856
85$2,129,969$130,888$0$1,834,260
86$2,286,966$77,042$0$1,957,380
87$2,458,079$18,659$0$2,091,623
88$2,644,687$0$0$2,238,107
89$2,848,309$0$0$2,406,888
90$3,070,618$0$0$2,595,210
91$3,313,454$0$0$2,800,940
92$3,578,842$0$0$3,025,797
93$3,869,013$0$0$3,271,673
94$4,186,424$0$0$3,540,651
95$4,533,777$0$0$3,835,026
96$4,914,051$0$0$4,157,324
97$5,330,525$0$0$4,510,326
98$5,786,809$0$0$4,897,097
99$6,286,881$0$0$5,321,011
100$6,835,118$0$0$5,785,782