Can I retire at age 65 with 379,000?

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 $379,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$31,297$31,019$30,747$30,481$30,222$29,832
2 years$15,494$15,205$14,926$14,654$14,391$13,999
3 years$10,227$9,937$9,658$9,389$9,131$8,748
4 years$7,594$7,305$7,028$6,764$6,512$6,142
5 years$6,014$5,727$5,454$5,196$4,950$4,594
6 years$4,961$4,676$4,408$4,155$3,917$3,575
7 years$4,210$3,927$3,663$3,416$3,186$2,858
8 years$3,646$3,366$3,107$2,866$2,643$2,330
9 years$3,208$2,931$2,676$2,441$2,226$1,927
10 years$2,858$2,584$2,333$2,104$1,896$1,612
11 years$2,572$2,300$2,054$1,831$1,631$1,360
12 years$2,334$2,064$1,823$1,606$1,413$1,156
13 years$2,132$1,866$1,628$1,418$1,232$988
14 years$1,959$1,696$1,463$1,259$1,080$849
15 years$1,810$1,549$1,321$1,123$951$732
16 years$1,679$1,421$1,198$1,005$841$634
17 years$1,564$1,309$1,090$903$745$550
18 years$1,462$1,210$995$814$663$478
19 years$1,370$1,121$911$735$591$417
20 years$1,288$1,042$836$666$528$364
21 years$1,214$970$769$605$472$319
22 years$1,146$906$709$550$423$279
23 years$1,085$847$654$501$380$245
24 years$1,029$794$605$457$342$215
25 years$977$745$560$417$307$189
26 years$930$700$520$381$277$166
27 years$886$659$483$349$250$146
28 years$845$621$449$320$225$129
29 years$807$586$418$293$203$113
30 years$771$553$389$269$184$100
31 years$739$523$363$247$166$88
32 years$708$495$338$227$150$78
33 years$679$468$316$209$136$68
34 years$652$444$295$192$123$60
35 years$626$421$276$177$112$53
36 years$602$400$258$163$101$47
37 years$579$380$242$150$92$42
38 years$558$361$226$138$83$37
39 years$537$343$212$128$75$32
40 years$518$326$199$118$68$29
41 years$500$311$186$109$62$25
42 years$483$296$175$100$56$22
43 years$466$282$164$92$51$20
44 years$450$269$154$85$46$17
45 years$435$256$145$79$42$15
46 years$421$244$136$73$38$14
47 years$407$233$128$67$35$12
48 years$394$223$120$62$31$11
49 years$382$213$113$57$29$9
50 years$370$203$106$53$26$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $379,000, adding $6,458 every year, while hoping to spend $25,386 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: 26/45/29 Blend
64$379,000$379,000$379,000$379,000
65$424,319$404,232$398,358$431,400
66$440,590$397,029$384,692$430,528
67$457,668$388,622$369,718$427,014
68$475,611$378,926$353,365$422,728
69$494,480$367,849$335,558$417,621
70$514,338$355,296$316,221$411,644
71$535,260$341,164$295,274$404,745
72$557,321$325,346$272,631$396,871
73$580,609$307,728$248,204$387,966
74$605,214$288,190$221,902$377,971
75$631,239$266,604$193,629$366,828
76$658,793$242,836$163,283$354,473
77$687,998$216,743$130,761$340,844
78$718,984$188,174$95,953$325,874
79$751,897$156,971$58,744$309,494
80$786,894$122,966$19,015$291,636
81$824,147$85,982$0$272,228
82$863,845$45,830$0$258,432
83$906,195$2,313$0$249,686
84$951,423$0$0$240,068
85$999,777$0$0$251,716
86$1,051,530$0$0$265,450
87$1,106,979$0$0$280,208
88$1,166,452$0$0$296,084
89$1,230,308$0$0$313,179
90$1,298,941$0$0$331,605
91$1,372,784$0$0$351,485
92$1,452,311$0$0$372,953
93$1,538,044$0$0$396,157
94$1,630,556$0$0$421,262
95$1,730,477$0$0$448,444
96$1,838,499$0$0$477,902
97$1,955,381$0$0$509,852
98$2,081,960$0$0$544,532
99$2,219,154$0$0$582,203
100$2,367,975$0$0$623,154