Can I retire at age 65 with 377,000?

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 $377,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$31,132$30,855$30,584$30,320$30,063$29,836
2 years$15,412$15,125$14,847$14,577$14,315$14,087
3 years$10,173$9,884$9,607$9,340$9,082$8,859
4 years$7,553$7,266$6,991$6,729$6,478$6,261
5 years$5,982$5,697$5,426$5,168$4,924$4,715
6 years$4,935$4,652$4,385$4,133$3,896$3,695
7 years$4,188$3,907$3,644$3,398$3,169$2,975
8 years$3,627$3,349$3,090$2,851$2,629$2,443
9 years$3,192$2,916$2,662$2,428$2,214$2,036
10 years$2,843$2,570$2,320$2,093$1,886$1,717
11 years$2,558$2,288$2,043$1,822$1,622$1,460
12 years$2,321$2,053$1,813$1,598$1,406$1,251
13 years$2,121$1,856$1,620$1,411$1,226$1,079
14 years$1,949$1,687$1,455$1,252$1,075$935
15 years$1,800$1,541$1,314$1,117$946$813
16 years$1,670$1,414$1,191$1,000$836$710
17 years$1,556$1,302$1,084$898$741$622
18 years$1,454$1,203$990$810$659$546
19 years$1,363$1,115$906$732$588$481
20 years$1,281$1,036$831$663$525$424
21 years$1,207$965$765$601$470$374
22 years$1,140$901$705$547$421$331
23 years$1,079$843$651$498$378$293
24 years$1,023$789$602$454$340$260
25 years$972$741$557$415$306$231
26 years$925$696$517$379$275$205
27 years$881$655$480$347$248$182
28 years$840$618$446$318$224$162
29 years$803$583$415$292$202$144
30 years$767$550$387$268$183$129
31 years$735$520$361$246$165$115
32 years$704$492$337$226$149$102
33 years$675$466$314$208$135$91
34 years$648$442$294$191$122$81
35 years$623$419$274$176$111$72
36 years$599$398$257$162$101$65
37 years$576$378$240$149$91$58
38 years$555$359$225$138$83$52
39 years$535$341$211$127$75$46
40 years$515$325$198$117$68$41
41 years$497$309$185$108$62$37
42 years$480$294$174$100$56$33
43 years$464$280$163$92$51$29
44 years$448$267$153$85$46$26
45 years$433$255$144$78$42$23
46 years$419$243$135$72$38$21
47 years$405$232$127$67$34$19
48 years$392$222$119$62$31$17
49 years$380$212$112$57$28$15
50 years$368$202$105$53$26$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $377,000, adding $3,421 every year, while hoping to spend $26,538 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: 73/21/6 Blend
64$377,000$377,000$377,000$377,000
65$418,983$399,002$393,158$449,025
66$433,483$390,317$378,093$460,598
67$448,572$380,316$361,633$469,590
68$464,284$368,909$343,705$478,684
69$480,651$355,996$324,229$487,881
70$497,712$341,474$303,126$497,183
71$515,506$325,234$280,308$506,592
72$534,076$307,159$255,687$516,113
73$553,469$287,127$229,170$525,750
74$573,736$265,009$200,659$535,509
75$594,929$240,667$170,054$545,397
76$617,109$213,956$137,247$555,423
77$640,337$184,723$102,129$565,597
78$664,684$152,808$64,583$575,933
79$690,224$118,037$24,488$586,445
80$717,038$80,232$0$597,151
81$745,214$39,202$0$609,244
82$774,848$0$0$623,324
83$806,043$0$0$639,075
84$838,914$0$0$665,223
85$873,582$0$0$692,809
86$910,184$0$0$721,940
87$948,865$0$0$752,734
88$989,785$0$0$785,319
89$1,033,120$0$0$819,836
90$1,079,060$0$0$856,438
91$1,127,813$0$0$895,292
92$1,179,608$0$0$936,581
93$1,234,694$0$0$980,506
94$1,293,343$0$0$1,027,285
95$1,355,855$0$0$1,077,159
96$1,422,558$0$0$1,130,391
97$1,493,808$0$0$1,187,268
98$1,570,000$0$0$1,248,106
99$1,651,563$0$0$1,313,252
100$1,738,971$0$0$1,383,084