Can I retire at age 55 with 326,000?

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 $326,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$26,921$26,681$26,447$26,219$25,996$25,214
2 years$13,327$13,079$12,838$12,605$12,379$11,598
3 years$8,796$8,547$8,307$8,076$7,854$7,098
4 years$6,532$6,283$6,046$5,818$5,601$4,877
5 years$5,173$4,926$4,692$4,469$4,258$3,566
6 years$4,268$4,022$3,792$3,574$3,369$2,711
7 years$3,621$3,378$3,151$2,938$2,740$2,116
8 years$3,137$2,896$2,672$2,465$2,273$1,682
9 years$2,760$2,521$2,301$2,100$1,914$1,356
10 years$2,459$2,222$2,006$1,810$1,631$1,104
11 years$2,212$1,978$1,766$1,575$1,403$907
12 years$2,007$1,776$1,568$1,382$1,216$749
13 years$1,834$1,605$1,401$1,220$1,060$622
14 years$1,685$1,459$1,258$1,083$929$519
15 years$1,557$1,332$1,136$966$818$435
16 years$1,444$1,223$1,030$865$723$365
17 years$1,345$1,126$937$777$641$307
18 years$1,257$1,040$856$700$570$259
19 years$1,179$964$783$633$508$219
20 years$1,108$896$719$573$454$185
21 years$1,044$835$661$520$406$156
22 years$986$779$609$473$364$133
23 years$933$729$563$431$327$112
24 years$885$683$520$393$294$95
25 years$840$641$482$359$264$81
26 years$800$602$447$328$238$69
27 years$762$567$415$300$215$58
28 years$727$534$386$275$194$50
29 years$694$504$359$252$175$42
30 years$664$476$335$231$158$36
31 years$635$450$312$213$143$31
32 years$609$426$291$195$129$26
33 years$584$403$272$180$117$22
34 years$560$382$254$165$106$19
35 years$538$362$237$152$96$16
36 years$518$344$222$140$87$14
37 years$498$327$208$129$79$12
38 years$480$310$195$119$71$10
39 years$462$295$182$110$65$8
40 years$446$281$171$101$59$7
41 years$430$267$160$93$53$6
42 years$415$255$150$86$48$5
43 years$401$243$141$80$44$4
44 years$387$231$132$73$40$4
45 years$374$220$124$68$36$3
46 years$362$210$117$63$33$3
47 years$350$201$110$58$30$2
48 years$339$192$103$53$27$2
49 years$329$183$97$49$25$2
50 years$318$175$91$46$22$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $326,000, adding $2,350 every year, while hoping to spend $24,789 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: 82/10/8 Blend
54$326,000$326,000$326,000$326,000
55$361,676$344,398$339,345$390,788
56$372,192$334,898$324,338$400,680
57$382,949$324,102$307,997$407,993
58$393,947$311,920$290,252$415,264
59$405,182$298,257$271,028$422,475
60$416,652$283,013$250,249$429,606
61$428,351$266,081$227,832$436,634
62$440,273$247,349$203,695$443,535
63$452,410$226,699$177,748$450,282
64$464,754$204,004$149,900$456,847
65$477,291$179,133$120,055$463,197
66$490,009$151,945$88,111$469,296
67$502,891$122,291$53,964$475,107
68$515,919$90,016$17,504$480,585
69$529,070$54,954$0$485,686
70$542,318$16,931$0$492,184
71$555,636$0$0$499,911
72$568,989$0$0$509,987
73$582,340$0$0$521,920
74$595,645$0$0$533,807
75$608,855$0$0$545,604
76$621,914$0$0$557,261
77$634,761$0$0$568,721
78$647,325$0$0$579,920
79$659,526$0$0$590,788
80$671,277$0$0$601,242
81$682,477$0$0$611,195
82$693,015$0$0$620,544
83$702,768$0$0$629,177
84$711,596$0$0$636,970
85$719,344$0$0$643,781
86$725,841$0$0$649,454
87$730,893$0$0$653,817
88$734,288$0$0$656,675
89$735,788$0$0$657,815
90$735,128$0$0$656,996
91$732,017$0$0$653,954
92$726,128$0$0$648,396
93$717,101$0$0$639,995
94$704,536$0$0$628,388
95$687,990$0$0$613,176
96$666,970$0$0$593,914
97$640,935$0$0$570,110
98$609,280$0$0$541,220
99$571,340$0$0$506,642
100$526,378$0$0$465,708