Can I retire at age 65 with 361,000?

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 $361,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$29,811$29,546$29,286$29,034$28,787$28,310
2 years$14,758$14,483$14,217$13,958$13,708$13,229
3 years$9,741$9,465$9,199$8,943$8,697$8,231
4 years$7,233$6,958$6,695$6,443$6,203$5,753
5 years$5,728$5,455$5,195$4,949$4,715$4,283
6 years$4,726$4,454$4,199$3,958$3,731$3,317
7 years$4,010$3,741$3,489$3,254$3,034$2,638
8 years$3,473$3,207$2,959$2,730$2,517$2,139
9 years$3,056$2,792$2,549$2,325$2,120$1,760
10 years$2,723$2,461$2,222$2,004$1,806$1,464
11 years$2,450$2,191$1,956$1,744$1,553$1,228
12 years$2,223$1,966$1,736$1,530$1,346$1,038
13 years$2,031$1,777$1,551$1,351$1,174$882
14 years$1,866$1,615$1,394$1,199$1,029$753
15 years$1,724$1,476$1,258$1,069$906$646
16 years$1,599$1,354$1,141$957$801$555
17 years$1,490$1,247$1,038$860$710$479
18 years$1,392$1,152$948$775$631$414
19 years$1,305$1,068$867$701$563$358
20 years$1,227$992$796$634$503$311
21 years$1,156$924$732$576$450$270
22 years$1,092$863$675$524$403$235
23 years$1,033$807$623$477$362$205
24 years$980$756$576$435$325$178
25 years$931$709$534$397$293$156
26 years$885$667$495$363$264$136
27 years$843$628$460$332$238$119
28 years$805$591$427$305$214$104
29 years$768$558$398$279$194$91
30 years$735$527$370$256$175$79
31 years$703$498$345$235$158$69
32 years$674$471$322$216$143$61
33 years$646$446$301$199$130$53
34 years$621$423$281$183$117$47
35 years$596$401$263$168$106$41
36 years$573$381$246$155$96$36
37 years$552$362$230$143$87$31
38 years$531$344$215$132$79$27
39 years$512$327$202$122$72$24
40 years$494$311$189$112$65$21
41 years$476$296$177$103$59$18
42 years$460$282$166$95$54$16
43 years$444$269$156$88$49$14
44 years$429$256$147$81$44$12
45 years$415$244$138$75$40$11
46 years$401$233$129$69$36$10
47 years$388$222$121$64$33$8
48 years$376$212$114$59$30$7
49 years$364$203$107$55$27$6
50 years$352$194$101$51$25$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $361,000, adding $3,212 every year, while hoping to spend $24,343 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: 69/24/7 Blend
64$361,000$361,000$361,000$361,000
65$401,135$382,002$376,407$428,139
66$416,150$374,820$363,116$439,255
67$431,881$366,469$348,563$448,130
68$448,375$356,868$332,682$457,176
69$465,682$345,928$315,400$466,406
70$483,860$333,557$296,645$475,832
71$502,969$319,656$276,337$485,471
72$523,073$304,121$254,396$495,340
73$544,246$286,842$230,738$505,461
74$566,565$267,703$205,273$515,856
75$590,114$246,580$177,909$526,554
76$614,987$223,344$148,550$537,584
77$641,284$197,856$117,096$548,981
78$669,117$169,972$83,440$560,786
79$698,604$139,538$47,472$573,044
80$729,878$106,392$9,079$585,805
81$763,082$70,362$0$599,127
82$798,375$31,268$0$615,457
83$835,927$0$0$633,364
84$875,926$0$0$655,191
85$918,581$0$0$687,282
86$964,115$0$0$721,553
87$1,012,776$0$0$758,191
88$1,064,836$0$0$797,401
89$1,120,592$0$0$839,410
90$1,180,370$0$0$884,465
91$1,244,528$0$0$932,838
92$1,313,459$0$0$984,827
93$1,387,593$0$0$1,040,759
94$1,467,404$0$0$1,100,994
95$1,553,411$0$0$1,165,926
96$1,646,185$0$0$1,235,990
97$1,746,354$0$0$1,311,660
98$1,854,606$0$0$1,393,462
99$1,971,699$0$0$1,481,969
100$2,098,465$0$0$1,577,816