Can I retire at age 66 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%12.8%
1 years$43,354$42,968$42,591$42,223$41,864$41,375
2 years$21,462$21,063$20,675$20,300$19,935$19,443
3 years$14,166$13,765$13,378$13,006$12,648$12,168
4 years$10,519$10,118$9,736$9,370$9,021$8,556
5 years$8,331$7,933$7,556$7,197$6,857$6,410
6 years$6,873$6,478$6,106$5,756$5,426$4,997
7 years$5,832$5,440$5,074$4,732$4,413$4,001
8 years$5,051$4,663$4,303$3,970$3,661$3,267
9 years$4,444$4,060$3,706$3,381$3,083$2,707
10 years$3,959$3,579$3,231$2,915$2,627$2,268
11 years$3,563$3,186$2,845$2,537$2,259$1,918
12 years$3,232$2,860$2,525$2,225$1,958$1,633
13 years$2,953$2,584$2,256$1,964$1,707$1,399
14 years$2,714$2,349$2,027$1,744$1,496$1,204
15 years$2,507$2,146$1,830$1,555$1,318$1,040
16 years$2,326$1,969$1,659$1,392$1,165$902
17 years$2,166$1,813$1,510$1,251$1,033$785
18 years$2,025$1,675$1,378$1,127$918$684
19 years$1,898$1,553$1,262$1,019$818$598
20 years$1,784$1,443$1,158$923$731$523
21 years$1,681$1,344$1,065$837$654$459
22 years$1,588$1,255$982$761$586$403
23 years$1,503$1,173$906$693$526$354
24 years$1,425$1,099$838$632$473$311
25 years$1,354$1,032$776$578$426$274
26 years$1,288$970$720$528$383$242
27 years$1,227$913$669$483$346$213
28 years$1,170$860$622$443$312$188
29 years$1,118$811$578$406$282$166
30 years$1,069$766$539$373$255$147
31 years$1,023$724$502$342$230$130
32 years$980$685$469$315$208$115
33 years$940$649$438$289$188$101
34 years$903$615$409$266$171$90
35 years$867$583$382$245$154$79
36 years$834$554$358$226$140$70
37 years$802$526$335$208$127$62
38 years$773$500$313$192$115$55
39 years$744$475$294$177$104$49
40 years$718$452$275$163$95$43
41 years$692$430$258$150$86$38
42 years$668$410$242$139$78$34
43 years$646$391$227$128$71$30
44 years$624$372$213$118$64$27
45 years$603$355$200$109$58$24
46 years$583$339$188$101$53$21
47 years$564$323$177$93$48$18
48 years$546$309$166$86$44$16
49 years$529$295$156$80$40$15
50 years$513$281$147$74$36$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 66 starting with $525,000, adding $4,342 every year, while hoping to spend $32,774 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: 66/27/7 Blend
65$525,000$525,000$525,000$525,000
66$583,029$555,204$547,066$620,505
67$607,626$547,537$530,522$638,289
68$633,635$538,397$512,324$653,391
69$661,163$527,676$492,385$669,028
70$690,330$515,260$470,608$685,246
71$721,266$501,031$446,896$702,102
72$754,115$484,861$421,147$719,653
73$789,031$466,616$393,252$737,969
74$826,186$446,154$363,099$757,126
75$865,766$423,324$330,572$777,207
76$907,975$397,968$295,547$798,307
77$953,037$369,917$257,897$820,534
78$1,001,198$338,994$217,488$844,005
79$1,052,726$305,011$174,179$868,852
80$1,107,917$267,769$127,827$895,224
81$1,167,093$227,058$78,277$923,285
82$1,230,609$182,657$25,372$953,219
83$1,298,855$134,330$0$985,231
84$1,372,257$81,832$0$1,021,871
85$1,451,286$24,900$0$1,063,245
86$1,536,456$0$0$1,107,752
87$1,628,333$0$0$1,166,638
88$1,727,539$0$0$1,238,236
89$1,834,757$0$0$1,315,643
90$1,950,738$0$0$1,399,406
91$2,076,308$0$0$1,490,124
92$2,212,373$0$0$1,588,456
93$2,359,932$0$0$1,695,129
94$2,520,082$0$0$1,810,938
95$2,694,029$0$0$1,936,761
96$2,883,102$0$0$2,073,564
97$3,088,759$0$0$2,222,406
98$3,312,608$0$0$2,384,457
99$3,556,418$0$0$2,561,001
100$3,822,132$0$0$2,753,452