Can I retire at age 59 with 327,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $327,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$27,003$26,763$26,528$26,299$26,075$25,955
2 years$13,368$13,119$12,878$12,644$12,417$12,295
3 years$8,823$8,573$8,333$8,101$7,878$7,758
4 years$6,552$6,302$6,064$5,836$5,618$5,503
5 years$5,189$4,941$4,706$4,483$4,271$4,159
6 years$4,281$4,035$3,803$3,585$3,380$3,272
7 years$3,632$3,388$3,160$2,947$2,748$2,645
8 years$3,146$2,905$2,680$2,473$2,280$2,181
9 years$2,768$2,529$2,309$2,106$1,920$1,825
10 years$2,466$2,229$2,013$1,815$1,636$1,545
11 years$2,219$1,984$1,772$1,580$1,407$1,320
12 years$2,013$1,781$1,573$1,386$1,219$1,136
13 years$1,839$1,610$1,405$1,223$1,063$984
14 years$1,690$1,463$1,262$1,086$932$856
15 years$1,561$1,337$1,140$969$821$748
16 years$1,449$1,226$1,033$867$725$657
17 years$1,349$1,129$940$779$643$578
18 years$1,261$1,044$858$702$572$510
19 years$1,182$967$786$635$510$451
20 years$1,111$899$721$575$455$400
21 years$1,047$837$663$522$407$355
22 years$989$781$611$474$365$315
23 years$936$731$564$432$328$281
24 years$888$685$522$394$295$250
25 years$843$643$484$360$265$223
26 years$802$604$448$329$239$200
27 years$764$568$416$301$215$178
28 years$729$536$387$276$194$160
29 years$696$505$360$253$175$143
30 years$666$477$336$232$159$128
31 years$637$451$313$213$143$115
32 years$611$427$292$196$130$103
33 years$586$404$273$180$117$92
34 years$562$383$255$166$106$83
35 years$540$363$238$153$96$74
36 years$519$345$223$141$87$67
37 years$500$328$208$130$79$60
38 years$481$311$195$119$72$54
39 years$464$296$183$110$65$48
40 years$447$282$171$102$59$43
41 years$431$268$161$94$53$39
42 years$416$255$151$86$49$35
43 years$402$243$141$80$44$32
44 years$389$232$133$74$40$28
45 years$376$221$125$68$36$25
46 years$363$211$117$63$33$23
47 years$352$201$110$58$30$21
48 years$340$192$103$54$27$19
49 years$330$184$97$50$25$17
50 years$319$175$91$46$22$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $327,000, adding $4,307 every year, while hoping to spend $27,012 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: 62/30/8 Blend
58$327,000$327,000$327,000$327,000
59$364,797$347,466$342,397$386,542
60$373,265$335,751$325,127$389,889
61$381,693$322,557$306,373$390,017
62$390,045$307,782$286,057$389,470
63$398,287$291,321$264,096$388,183
64$406,376$273,059$240,407$386,084
65$414,265$252,877$214,899$383,096
66$421,901$230,650$187,480$379,137
67$429,226$206,242$158,051$374,115
68$436,173$179,514$126,512$367,933
69$442,668$150,316$92,756$360,485
70$448,629$118,490$56,672$351,655
71$453,964$83,871$18,145$341,319
72$458,569$46,281$0$329,342
73$462,330$5,537$0$317,536
74$465,120$0$0$305,563
75$466,798$0$0$304,438
76$467,204$0$0$304,260
77$466,166$0$0$303,079
78$463,487$0$0$300,763
79$458,953$0$0$297,164
80$452,325$0$0$292,118
81$443,337$0$0$285,444
82$431,696$0$0$276,940
83$417,076$0$0$266,384
84$399,118$0$0$253,529
85$377,422$0$0$238,102
86$351,547$0$0$219,800
87$321,005$0$0$198,291
88$285,257$0$0$173,204
89$243,704$0$0$144,130
90$195,688$0$0$110,619
91$140,479$0$0$72,170
92$77,271$0$0$28,234
93$5,172$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0