Can I retire at age 57 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%15.5%
1 years$26,921$26,681$26,447$26,219$25,996$25,409
2 years$13,327$13,079$12,838$12,605$12,379$11,791
3 years$8,796$8,547$8,307$8,076$7,854$7,282
4 years$6,532$6,283$6,046$5,818$5,601$5,052
5 years$5,173$4,926$4,692$4,469$4,258$3,731
6 years$4,268$4,022$3,792$3,574$3,369$2,866
7 years$3,621$3,378$3,151$2,938$2,740$2,261
8 years$3,137$2,896$2,672$2,465$2,273$1,817
9 years$2,760$2,521$2,301$2,100$1,914$1,482
10 years$2,459$2,222$2,006$1,810$1,631$1,221
11 years$2,212$1,978$1,766$1,575$1,403$1,015
12 years$2,007$1,776$1,568$1,382$1,216$849
13 years$1,834$1,605$1,401$1,220$1,060$715
14 years$1,685$1,459$1,258$1,083$929$604
15 years$1,557$1,332$1,136$966$818$513
16 years$1,444$1,223$1,030$865$723$436
17 years$1,345$1,126$937$777$641$372
18 years$1,257$1,040$856$700$570$318
19 years$1,179$964$783$633$508$272
20 years$1,108$896$719$573$454$234
21 years$1,044$835$661$520$406$201
22 years$986$779$609$473$364$173
23 years$933$729$563$431$327$149
24 years$885$683$520$393$294$128
25 years$840$641$482$359$264$110
26 years$800$602$447$328$238$95
27 years$762$567$415$300$215$82
28 years$727$534$386$275$194$71
29 years$694$504$359$252$175$61
30 years$664$476$335$231$158$53
31 years$635$450$312$213$143$46
32 years$609$426$291$195$129$40
33 years$584$403$272$180$117$34
34 years$560$382$254$165$106$30
35 years$538$362$237$152$96$26
36 years$518$344$222$140$87$22
37 years$498$327$208$129$79$19
38 years$480$310$195$119$71$17
39 years$462$295$182$110$65$14
40 years$446$281$171$101$59$12
41 years$430$267$160$93$53$11
42 years$415$255$150$86$48$9
43 years$401$243$141$80$44$8
44 years$387$231$132$73$40$7
45 years$374$220$124$68$36$6
46 years$362$210$117$63$33$5
47 years$350$201$110$58$30$5
48 years$339$192$103$53$27$4
49 years$329$183$97$49$25$3
50 years$318$175$91$46$22$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $326,000, adding $2,032 every year, while hoping to spend $21,074 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: 73/15/12 Blend
56$326,000$326,000$326,000$326,000
57$361,348$344,070$339,017$386,694
58$375,783$338,507$327,952$398,163
59$390,984$331,965$315,809$407,917
60$407,007$324,374$302,531$418,029
61$423,913$315,659$288,057$428,527
62$441,768$305,742$272,323$439,445
63$460,644$294,540$255,262$450,820
64$480,621$281,964$236,805$462,694
65$501,785$267,921$216,878$475,112
66$524,231$252,312$195,407$488,125
67$548,060$235,033$172,311$501,789
68$573,386$215,974$147,507$516,168
69$600,333$195,018$120,910$531,332
70$629,034$172,041$92,428$547,359
71$659,639$146,914$61,967$564,335
72$692,308$119,499$29,429$582,358
73$727,218$89,649$0$601,533
74$764,565$57,213$0$622,658
75$804,562$22,027$0$649,253
76$847,441$0$0$677,706
77$893,459$0$0$710,849
78$942,899$0$0$750,371
79$996,067$0$0$792,887
80$1,053,304$0$0$838,667
81$1,114,982$0$0$888,011
82$1,181,510$0$0$941,248
83$1,253,337$0$0$998,739
84$1,330,956$0$0$1,060,881
85$1,414,910$0$0$1,128,109
86$1,505,796$0$0$1,200,904
87$1,604,270$0$0$1,279,793
88$1,711,051$0$0$1,365,355
89$1,826,933$0$0$1,458,227
90$1,952,788$0$0$1,559,111
91$2,089,574$0$0$1,668,778
92$2,238,348$0$0$1,788,075
93$2,400,268$0$0$1,917,938
94$2,576,613$0$0$2,059,391
95$2,768,788$0$0$2,213,567
96$2,978,340$0$0$2,381,708
97$3,206,971$0$0$2,565,183
98$3,456,555$0$0$2,765,500
99$3,729,154$0$0$2,984,318
100$4,027,039$0$0$3,223,462