Can I retire at age 66 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%17.1%
1 years$43,602$43,213$42,834$42,465$42,103$40,887
2 years$21,585$21,183$20,793$20,416$20,049$18,833
3 years$14,247$13,843$13,455$13,081$12,720$11,543
4 years$10,579$10,176$9,792$9,424$9,072$7,942
5 years$8,378$7,978$7,599$7,238$6,896$5,817
6 years$6,912$6,515$6,141$5,789$5,457$4,430
7 years$5,865$5,471$5,103$4,759$4,438$3,463
8 years$5,080$4,690$4,328$3,992$3,682$2,757
9 years$4,470$4,083$3,728$3,401$3,101$2,227
10 years$3,982$3,599$3,250$2,931$2,642$1,817
11 years$3,583$3,204$2,861$2,551$2,272$1,495
12 years$3,251$2,876$2,539$2,238$1,969$1,238
13 years$2,970$2,599$2,269$1,976$1,717$1,031
14 years$2,730$2,362$2,038$1,754$1,505$861
15 years$2,521$2,158$1,840$1,564$1,325$723
16 years$2,339$1,980$1,668$1,400$1,171$608
17 years$2,179$1,824$1,518$1,258$1,038$513
18 years$2,036$1,685$1,386$1,134$923$433
19 years$1,909$1,562$1,269$1,025$823$367
20 years$1,795$1,451$1,164$928$735$311
21 years$1,691$1,352$1,071$842$658$264
22 years$1,597$1,262$987$766$590$224
23 years$1,512$1,180$911$697$529$190
24 years$1,433$1,106$843$636$476$162
25 years$1,361$1,038$781$581$428$138
26 years$1,295$975$724$531$386$117
27 years$1,234$918$672$486$348$100
28 years$1,177$865$625$445$314$85
29 years$1,124$816$582$408$283$73
30 years$1,075$770$542$375$256$62
31 years$1,029$728$505$344$231$53
32 years$986$689$471$316$209$45
33 years$946$653$440$291$189$38
34 years$908$619$411$268$172$33
35 years$872$587$384$246$155$28
36 years$839$557$360$227$141$24
37 years$807$529$337$209$128$20
38 years$777$503$315$193$116$17
39 years$749$478$295$178$105$15
40 years$722$455$277$164$95$13
41 years$696$433$260$151$86$11
42 years$672$412$243$140$78$9
43 years$649$393$228$129$71$8
44 years$627$374$214$119$65$7
45 years$606$357$201$110$59$6
46 years$587$341$189$101$53$5
47 years$568$325$178$94$48$4
48 years$549$310$167$87$44$4
49 years$532$296$157$80$40$3
50 years$516$283$148$74$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 66 starting with $528,000, adding $3,684 every year, while hoping to spend $35,272 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: 58/16/26 Blend
65$528,000$528,000$528,000$528,000
66$585,656$557,672$549,488$615,293
67$607,864$547,469$530,367$625,766
68$631,155$535,584$509,423$633,119
69$655,602$521,896$486,558$640,396
70$681,285$506,281$461,669$647,597
71$708,290$488,603$434,649$654,729
72$736,711$468,720$405,385$661,795
73$766,651$446,482$373,761$668,806
74$798,220$421,731$339,653$675,772
75$831,541$394,299$302,934$682,710
76$866,746$364,007$263,470$689,637
77$903,979$330,668$221,121$696,578
78$943,397$294,083$175,741$703,560
79$985,173$254,043$127,178$710,618
80$1,029,496$210,326$75,273$717,793
81$1,076,570$162,697$19,860$725,130
82$1,126,620$110,910$0$732,688
83$1,179,894$54,702$0$751,425
84$1,236,659$0$0$777,111
85$1,297,212$0$0$805,460
86$1,361,875$0$0$846,044
87$1,431,003$0$0$889,459
88$1,504,983$0$0$935,951
89$1,584,242$0$0$985,792
90$1,669,247$0$0$1,039,280
91$1,760,510$0$0$1,096,741
92$1,858,593$0$0$1,158,534
93$1,964,113$0$0$1,225,052
94$2,077,749$0$0$1,296,728
95$2,200,244$0$0$1,374,037
96$2,332,417$0$0$1,457,500
97$2,475,166$0$0$1,547,690
98$2,629,477$0$0$1,645,238
99$2,796,436$0$0$1,750,836
100$2,977,236$0$0$1,865,245