Can I retire at age 59 with 325,000?

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 $325,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$26,838$26,599$26,366$26,138$25,916$24,977
2 years$13,286$13,039$12,799$12,566$12,341$11,405
3 years$8,770$8,521$8,282$8,051$7,830$6,926
4 years$6,512$6,264$6,027$5,801$5,584$4,720
5 years$5,157$4,911$4,677$4,455$4,245$3,423
6 years$4,255$4,010$3,780$3,563$3,359$2,579
7 years$3,610$3,368$3,141$2,929$2,732$1,995
8 years$3,127$2,887$2,664$2,457$2,266$1,571
9 years$2,751$2,513$2,294$2,093$1,908$1,254
10 years$2,451$2,215$2,000$1,804$1,626$1,011
11 years$2,206$1,972$1,761$1,570$1,399$822
12 years$2,001$1,770$1,563$1,377$1,212$672
13 years$1,828$1,600$1,396$1,216$1,057$552
14 years$1,680$1,454$1,255$1,079$926$455
15 years$1,552$1,328$1,133$963$816$377
16 years$1,440$1,219$1,027$862$721$313
17 years$1,341$1,122$935$774$639$260
18 years$1,253$1,037$853$698$568$217
19 years$1,175$961$781$631$507$181
20 years$1,105$893$717$571$452$151
21 years$1,041$832$659$518$405$126
22 years$983$777$608$471$363$106
23 years$930$726$561$429$326$88
24 years$882$681$519$391$293$74
25 years$838$639$481$358$264$62
26 years$797$600$446$327$237$52
27 years$759$565$414$299$214$44
28 years$724$532$385$274$193$37
29 years$692$502$358$251$174$31
30 years$662$474$333$231$158$26
31 years$633$448$311$212$142$22
32 years$607$424$290$195$129$18
33 years$582$402$271$179$117$15
34 years$559$381$253$165$106$13
35 years$537$361$237$152$96$11
36 years$516$343$221$140$87$9
37 years$497$326$207$129$79$8
38 years$478$309$194$119$71$6
39 years$461$294$182$109$65$5
40 years$444$280$170$101$59$5
41 years$429$266$160$93$53$4
42 years$414$254$150$86$48$3
43 years$400$242$141$79$44$3
44 years$386$230$132$73$40$2
45 years$373$220$124$68$36$2
46 years$361$210$116$62$33$2
47 years$349$200$109$58$30$1
48 years$338$191$103$53$27$1
49 years$328$182$97$49$25$1
50 years$317$174$91$46$22$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $325,000, adding $3,874 every year, while hoping to spend $22,653 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: 56/28/16 Blend
58$325,000$325,000$325,000$325,000
59$362,146$344,921$339,884$380,696
60$374,982$337,720$327,167$386,541
61$388,369$329,406$313,265$390,119
62$402,337$319,902$298,115$393,502
63$416,923$309,124$281,649$396,677
64$432,163$296,985$263,798$399,628
65$448,098$283,392$244,489$402,342
66$464,772$268,246$223,648$404,804
67$482,232$251,443$201,193$407,000
68$500,529$232,874$177,043$408,916
69$519,720$212,422$151,111$410,538
70$539,865$189,964$123,307$411,852
71$561,029$165,370$93,535$412,845
72$583,284$138,503$61,699$413,505
73$606,708$109,218$27,694$413,819
74$631,384$77,362$0$413,778
75$657,406$42,773$0$414,840
76$684,872$5,280$0$420,670
77$713,893$0$0$426,550
78$744,588$0$0$443,373
79$777,088$0$0$462,921
80$811,533$0$0$483,653
81$848,080$0$0$505,667
82$886,898$0$0$529,065
83$928,174$0$0$553,962
84$972,111$0$0$580,483
85$1,018,931$0$0$608,764
86$1,068,878$0$0$638,957
87$1,122,219$0$0$671,223
88$1,179,247$0$0$705,745
89$1,240,282$0$0$742,718
90$1,305,677$0$0$782,360
91$1,375,817$0$0$824,908
92$1,451,126$0$0$870,622
93$1,532,067$0$0$919,788
94$1,619,152$0$0$972,721
95$1,712,940$0$0$1,029,765
96$1,814,047$0$0$1,091,300
97$1,923,147$0$0$1,157,740
98$2,040,984$0$0$1,229,544
99$2,168,374$0$0$1,307,213
100$2,306,212$0$0$1,391,302