Can I retire at age 65 with 378,000?

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 $378,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$31,215$30,937$30,666$30,401$30,142$29,704
2 years$15,453$15,165$14,886$14,616$14,353$13,913
3 years$10,200$9,911$9,632$9,364$9,106$8,677
4 years$7,573$7,285$7,010$6,747$6,495$6,080
5 years$5,998$5,712$5,440$5,182$4,937$4,539
6 years$4,948$4,664$4,396$4,144$3,907$3,524
7 years$4,199$3,917$3,653$3,407$3,177$2,811
8 years$3,637$3,358$3,098$2,858$2,636$2,286
9 years$3,200$2,923$2,669$2,434$2,220$1,886
10 years$2,851$2,577$2,327$2,099$1,891$1,574
11 years$2,565$2,294$2,048$1,826$1,627$1,325
12 years$2,327$2,059$1,818$1,602$1,410$1,123
13 years$2,126$1,861$1,624$1,414$1,229$958
14 years$1,954$1,691$1,459$1,255$1,077$820
15 years$1,805$1,545$1,317$1,120$949$706
16 years$1,675$1,418$1,194$1,003$838$609
17 years$1,560$1,305$1,087$901$743$527
18 years$1,458$1,206$992$812$661$457
19 years$1,367$1,118$908$733$589$397
20 years$1,285$1,039$834$664$526$346
21 years$1,211$968$767$603$471$302
22 years$1,143$903$707$548$422$264
23 years$1,082$845$653$499$379$230
24 years$1,026$792$603$455$341$202
25 years$975$743$559$416$306$177
26 years$927$698$518$380$276$155
27 years$883$657$481$348$249$136
28 years$842$619$447$319$225$119
29 years$805$584$416$292$203$105
30 years$769$552$388$268$183$92
31 years$737$521$362$246$166$81
32 years$706$493$337$227$150$71
33 years$677$467$315$208$136$62
34 years$650$443$294$192$123$55
35 years$624$420$275$176$111$48
36 years$600$399$257$162$101$42
37 years$578$379$241$150$91$37
38 years$556$360$226$138$83$33
39 years$536$342$211$127$75$29
40 years$517$326$198$117$68$25
41 years$499$310$186$108$62$22
42 years$481$295$174$100$56$20
43 years$465$281$164$92$51$17
44 years$449$268$154$85$46$15
45 years$434$256$144$79$42$13
46 years$420$244$135$73$38$12
47 years$406$233$127$67$35$10
48 years$393$222$120$62$31$9
49 years$381$212$112$57$29$8
50 years$369$203$106$53$26$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $378,000, adding $4,623 every year, while hoping to spend $24,017 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: 70/15/15 Blend
64$378,000$378,000$378,000$378,000
65$421,325$401,291$395,432$449,055
66$438,746$395,400$383,125$462,199
67$457,139$388,416$369,601$473,260
68$476,578$380,259$354,793$484,746
69$497,143$370,846$338,633$496,695
70$518,923$360,088$321,048$509,151
71$542,013$347,892$301,963$522,161
72$566,518$334,159$281,298$535,779
73$592,553$318,783$258,972$550,063
74$620,243$301,653$234,898$565,079
75$649,726$282,653$208,985$580,902
76$681,153$261,657$181,140$597,613
77$714,687$238,535$151,265$615,304
78$750,510$213,147$119,257$634,076
79$788,818$185,348$85,009$654,041
80$829,829$154,982$48,408$675,326
81$873,781$121,885$9,339$698,070
82$920,934$85,885$0$722,429
83$971,575$46,799$0$753,752
84$1,026,017$4,434$0$788,985
85$1,084,606$0$0$826,866
86$1,147,719$0$0$874,489
87$1,215,774$0$0$926,644
88$1,289,226$0$0$982,952
89$1,368,578$0$0$1,043,799
90$1,454,380$0$0$1,109,612
91$1,547,240$0$0$1,180,857
92$1,647,825$0$0$1,258,048
93$1,756,865$0$0$1,341,750
94$1,875,169$0$0$1,432,584
95$2,003,621$0$0$1,531,233
96$2,143,196$0$0$1,638,450
97$2,294,967$0$0$1,755,059
98$2,460,114$0$0$1,881,972
99$2,639,933$0$0$2,020,188
100$2,835,855$0$0$2,170,810