How much do I need to retire at 60?

A 35-year retirement starting at 60 is not a 30-year 4% problem. This page sizes the number at 4.0% and checks a worked example from age 50.

The answer on these inputs

$90,000 a year at 4.0% needs $2,250,000 at age 60. Starting from $1,100,000 and adding $30,000 a year at 5.0% real, the portfolio at 60 is $2,169,121 — short by $80,879. Across 1,000 seeded paths, that projected nest egg funds the spend for 35 years in 38% of worlds.

What a nest egg funds from 60

Retiring at 60 means funding 35 years to 95. The 4.0% rule of thumb says $2,250,000 covers $90,000 a year. Across 1,000 paths that nest egg lasts to 95 in 42% of them on cautious returns and 65% on Trinity-style returns. For $90,000 a year to last in 9 of 10 paths, the nest egg at 60 needs to be about $3,110,000 on Trinity-style returns and $4,540,000 on cautious ones.

Highest yearly spending that lasts from 60 to 95 in 9 of 10 simulated paths
Nest egg at 60Cautious returnsTrinity-style returnsPer month, Trinity-style
$500,000$9,500$14,500$1,208
$1,000,000$19,500$29,000$2,417
$1,500,000$29,500$43,500$3,625
$2,000,000$39,500$58,000$4,833
$3,000,000$59,500$87,000$7,250

Cautious is 5% return, 15% volatility and 2% inflation, a stress case below long-run market history. Trinity-style is the Trinity study calculator's 7%, 12% and 3%.

Change the inputs

Number at retirement$2,250,000
Projected nest egg$2,169,121
Years of saving to the number10.6 years
1,000-path success38%

Why this age is different

The 4% rule was a 30-year result. Retiring at 60 with a plan to 95 is a 35-year problem. That is why the default rate here is 4.0%, not 4% borrowed from a shorter window. On Trinity-style returns, $2,000,000 supports about $58,000 a year from 60 and $65,500 from 65.

How much you need to retire at 35, 40, 45, 50, 55, 65.

Frequently asked questions

How much do I need to retire at 60?
Plan for 35 years to age 95. For $90,000 a year to last in 9 of 10 of this page’s 1,000 simulated paths, the nest egg at 60 needs to be about $3,110,000 on Trinity-style returns (7% return, 12% volatility) or $4,540,000 on cautious ones (5%, 15%). A 4% rule of thumb says $2,250,000.