Can I retire at age 64 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%19.3%
1 years$26,921$26,681$26,447$26,219$25,996$25,024
2 years$13,327$13,079$12,838$12,605$12,379$11,411
3 years$8,796$8,547$8,307$8,076$7,854$6,920
4 years$6,532$6,283$6,046$5,818$5,601$4,709
5 years$5,173$4,926$4,692$4,469$4,258$3,409
6 years$4,268$4,022$3,792$3,574$3,369$2,565
7 years$3,621$3,378$3,151$2,938$2,740$1,980
8 years$3,137$2,896$2,672$2,465$2,273$1,556
9 years$2,760$2,521$2,301$2,100$1,914$1,240
10 years$2,459$2,222$2,006$1,810$1,631$998
11 years$2,212$1,978$1,766$1,575$1,403$809
12 years$2,007$1,776$1,568$1,382$1,216$661
13 years$1,834$1,605$1,401$1,220$1,060$542
14 years$1,685$1,459$1,258$1,083$929$446
15 years$1,557$1,332$1,136$966$818$368
16 years$1,444$1,223$1,030$865$723$305
17 years$1,345$1,126$937$777$641$253
18 years$1,257$1,040$856$700$570$210
19 years$1,179$964$783$633$508$175
20 years$1,108$896$719$573$454$146
21 years$1,044$835$661$520$406$122
22 years$986$779$609$473$364$102
23 years$933$729$563$431$327$85
24 years$885$683$520$393$294$71
25 years$840$641$482$359$264$59
26 years$800$602$447$328$238$50
27 years$762$567$415$300$215$42
28 years$727$534$386$275$194$35
29 years$694$504$359$252$175$29
30 years$664$476$335$231$158$24
31 years$635$450$312$213$143$20
32 years$609$426$291$195$129$17
33 years$584$403$272$180$117$14
34 years$560$382$254$165$106$12
35 years$538$362$237$152$96$10
36 years$518$344$222$140$87$8
37 years$498$327$208$129$79$7
38 years$480$310$195$119$71$6
39 years$462$295$182$110$65$5
40 years$446$281$171$101$59$4
41 years$430$267$160$93$53$3
42 years$415$255$150$86$48$3
43 years$401$243$141$80$44$2
44 years$387$231$132$73$40$2
45 years$374$220$124$68$36$2
46 years$362$210$117$63$33$1
47 years$350$201$110$58$30$1
48 years$339$192$103$53$27$1
49 years$329$183$97$49$25$1
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 64 starting with $326,000, adding $5,452 every year, while hoping to spend $20,468 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: 33/43/24 Blend
63$326,000$326,000$326,000$326,000
64$364,876$347,598$342,545$374,093
65$380,315$342,852$332,242$376,732
66$396,644$337,188$320,909$377,347
67$413,930$330,539$308,488$377,598
68$432,249$322,834$294,921$377,465
69$451,685$313,999$280,146$376,930
70$472,326$303,954$264,100$375,974
71$494,271$292,616$246,716$374,579
72$517,629$279,896$227,923$372,726
73$542,516$265,700$207,648$370,398
74$569,063$249,930$185,814$367,578
75$597,411$232,480$162,342$364,251
76$627,715$213,239$137,149$360,402
77$660,145$192,091$110,146$356,019
78$694,887$168,911$81,244$351,091
79$732,147$143,569$50,347$345,611
80$772,148$115,926$17,355$339,572
81$815,137$85,836$0$332,973
82$861,384$53,145$0$330,387
83$911,186$17,690$0$332,290
84$964,869$0$0$334,273
85$1,022,791$0$0$346,180
86$1,085,345$0$0$368,117
87$1,152,964$0$0$391,870
88$1,226,123$0$0$417,611
89$1,305,345$0$0$445,530
90$1,391,203$0$0$475,834
91$1,484,328$0$0$508,752
92$1,585,417$0$0$544,536
93$1,695,231$0$0$583,463
94$1,814,611$0$0$625,836
95$1,944,482$0$0$671,992
96$2,085,861$0$0$722,299
97$2,239,866$0$0$777,163
98$2,407,729$0$0$837,030
99$2,590,804$0$0$902,393
100$2,790,585$0$0$973,792