Can I retire at age 71 with 527,000?

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 $527,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$43,519$43,132$42,753$42,384$42,024$41,724
2 years$21,544$21,143$20,754$20,377$20,011$19,709
3 years$14,220$13,817$13,429$13,056$12,696$12,401
4 years$10,559$10,157$9,773$9,406$9,055$8,769
5 years$8,363$7,963$7,584$7,225$6,883$6,607
6 years$6,899$6,503$6,129$5,778$5,447$5,181
7 years$5,854$5,461$5,093$4,750$4,430$4,174
8 years$5,070$4,681$4,320$3,985$3,675$3,430
9 years$4,461$4,076$3,720$3,394$3,095$2,860
10 years$3,974$3,592$3,244$2,926$2,637$2,412
11 years$3,576$3,198$2,856$2,546$2,268$2,053
12 years$3,245$2,870$2,534$2,233$1,965$1,761
13 years$2,964$2,594$2,264$1,972$1,714$1,519
14 years$2,724$2,358$2,034$1,750$1,502$1,317
15 years$2,517$2,154$1,837$1,561$1,323$1,147
16 years$2,335$1,976$1,665$1,398$1,169$1,002
17 years$2,175$1,820$1,515$1,256$1,036$878
18 years$2,032$1,682$1,383$1,132$922$772
19 years$1,905$1,559$1,266$1,023$821$679
20 years$1,791$1,448$1,162$926$734$600
21 years$1,688$1,349$1,069$841$657$530
22 years$1,594$1,259$985$764$589$469
23 years$1,509$1,178$910$696$528$416
24 years$1,431$1,104$841$635$475$369
25 years$1,359$1,036$779$580$427$328
26 years$1,292$973$723$530$385$291
27 years$1,231$916$671$485$347$259
28 years$1,175$863$624$445$313$231
29 years$1,122$814$581$408$283$206
30 years$1,073$769$541$374$255$183
31 years$1,027$727$504$344$231$163
32 years$984$688$470$316$209$146
33 years$944$651$439$290$189$130
34 years$906$617$410$267$171$116
35 years$870$586$384$246$155$104
36 years$837$556$359$227$140$93
37 years$805$528$336$209$127$83
38 years$776$502$315$192$115$74
39 years$747$477$295$177$105$66
40 years$720$454$276$164$95$59
41 years$695$432$259$151$86$53
42 years$671$411$243$139$78$47
43 years$648$392$228$129$71$42
44 years$626$374$214$119$64$38
45 years$605$356$201$110$58$34
46 years$585$340$189$101$53$30
47 years$567$324$177$94$48$27
48 years$548$310$167$86$44$24
49 years$531$296$157$80$40$22
50 years$515$283$147$74$36$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 71 starting with $527,000, adding $4,922 every year, while hoping to spend $25,512 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: 34/46/20 Blend
70$527,000$527,000$527,000$527,000
71$585,831$557,900$549,732$602,013
72$618,441$558,093$541,003$614,580
73$653,523$557,439$531,127$625,422
74$691,300$555,872$520,038$636,585
75$732,022$553,319$507,668$648,112
76$775,958$549,702$493,945$660,052
77$823,408$544,939$478,794$672,462
78$874,699$538,945$462,138$685,409
79$930,192$531,627$443,893$698,964
80$990,283$522,888$423,975$713,213
81$1,055,408$512,625$402,294$728,250
82$1,126,045$500,729$378,756$744,183
83$1,202,720$487,084$353,263$761,133
84$1,286,014$471,568$325,714$779,237
85$1,376,564$454,050$296,002$798,649
86$1,475,070$434,395$264,014$819,542
87$1,582,303$412,457$229,635$842,113
88$1,699,113$388,082$192,742$866,578
89$1,826,433$361,109$153,210$893,185
90$1,965,291$331,365$110,904$922,208
91$2,116,818$298,669$65,686$953,954
92$2,282,259$262,830$17,413$988,768
93$2,462,985$223,644$0$1,027,035
94$2,660,506$180,899$0$1,076,462
95$2,876,482$134,367$0$1,134,689
96$3,112,743$83,811$0$1,198,566
97$3,371,302$28,977$0$1,268,727
98$3,654,378$0$0$1,345,872
99$3,964,412$0$0$1,446,171
100$4,304,094$0$0$1,572,208