Can I retire at age 64 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%15.3%
1 years$26,838$26,599$26,366$26,138$25,916$25,351
2 years$13,286$13,039$12,799$12,566$12,341$11,775
3 years$8,770$8,521$8,282$8,051$7,830$7,280
4 years$6,512$6,264$6,027$5,801$5,584$5,055
5 years$5,157$4,911$4,677$4,455$4,245$3,738
6 years$4,255$4,010$3,780$3,563$3,359$2,874
7 years$3,610$3,368$3,141$2,929$2,732$2,270
8 years$3,127$2,887$2,664$2,457$2,266$1,827
9 years$2,751$2,513$2,294$2,093$1,908$1,491
10 years$2,451$2,215$2,000$1,804$1,626$1,230
11 years$2,206$1,972$1,761$1,570$1,399$1,024
12 years$2,001$1,770$1,563$1,377$1,212$858
13 years$1,828$1,600$1,396$1,216$1,057$723
14 years$1,680$1,454$1,255$1,079$926$612
15 years$1,552$1,328$1,133$963$816$520
16 years$1,440$1,219$1,027$862$721$443
17 years$1,341$1,122$935$774$639$378
18 years$1,253$1,037$853$698$568$324
19 years$1,175$961$781$631$507$278
20 years$1,105$893$717$571$452$239
21 years$1,041$832$659$518$405$205
22 years$983$777$608$471$363$177
23 years$930$726$561$429$326$153
24 years$882$681$519$391$293$132
25 years$838$639$481$358$264$114
26 years$797$600$446$327$237$98
27 years$759$565$414$299$214$85
28 years$724$532$385$274$193$73
29 years$692$502$358$251$174$63
30 years$662$474$333$231$158$55
31 years$633$448$311$212$142$48
32 years$607$424$290$195$129$41
33 years$582$402$271$179$117$36
34 years$559$381$253$165$106$31
35 years$537$361$237$152$96$27
36 years$516$343$221$140$87$23
37 years$497$326$207$129$79$20
38 years$478$309$194$119$71$17
39 years$461$294$182$109$65$15
40 years$444$280$170$101$59$13
41 years$429$266$160$93$53$11
42 years$414$254$150$86$48$10
43 years$400$242$141$79$44$9
44 years$386$230$132$73$40$7
45 years$373$220$124$68$36$6
46 years$361$210$116$62$33$6
47 years$349$200$109$58$30$5
48 years$338$191$103$53$27$4
49 years$328$182$97$49$25$4
50 years$317$174$91$46$22$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $325,000, adding $5,288 every year, while hoping to spend $23,989 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: 52/36/12 Blend
63$325,000$325,000$325,000$325,000
64$363,605$346,380$341,342$381,093
65$375,168$337,828$327,253$385,056
66$387,107$328,054$311,888$386,361
67$399,435$316,971$295,179$387,230
68$412,164$304,489$277,054$387,627
69$425,309$290,514$257,440$387,515
70$438,886$274,944$236,259$386,856
71$452,907$257,671$213,429$385,607
72$467,391$238,585$188,866$383,725
73$482,353$217,563$162,481$381,163
74$497,811$194,482$134,182$377,872
75$513,783$169,206$103,872$373,799
76$530,287$141,596$71,451$368,891
77$547,344$111,502$36,812$363,089
78$564,974$78,766$0$356,333
79$583,199$43,224$0$348,576
80$602,042$4,699$0$344,764
81$621,527$0$0$340,122
82$641,679$0$0$349,244
83$662,524$0$0$360,607
84$684,090$0$0$372,366
85$706,406$0$0$384,535
86$729,503$0$0$397,132
87$753,415$0$0$410,176
88$778,174$0$0$423,685
89$803,819$0$0$437,680
90$830,386$0$0$452,182
91$857,918$0$0$467,213
92$886,457$0$0$482,798
93$916,050$0$0$498,963
94$946,745$0$0$515,735
95$978,595$0$0$533,142
96$1,011,654$0$0$551,216
97$1,045,983$0$0$569,990
98$1,081,645$0$0$589,499
99$1,118,706$0$0$609,782
100$1,157,240$0$0$630,878