Can I retire at age 65 with 399,000?

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 $399,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$32,949$32,656$32,369$32,090$31,817$30,873
2 years$16,311$16,008$15,713$15,428$15,151$14,207
3 years$10,766$10,461$10,167$9,885$9,612$8,699
4 years$7,994$7,690$7,399$7,121$6,856$5,980
5 years$6,331$6,029$5,742$5,470$5,212$4,375
6 years$5,223$4,923$4,641$4,374$4,124$3,328
7 years$4,432$4,135$3,856$3,596$3,354$2,598
8 years$3,839$3,544$3,270$3,017$2,782$2,067
9 years$3,378$3,086$2,817$2,570$2,343$1,667
10 years$3,009$2,720$2,456$2,215$1,996$1,358
11 years$2,708$2,421$2,162$1,928$1,717$1,116
12 years$2,457$2,173$1,919$1,691$1,488$923
13 years$2,244$1,964$1,714$1,493$1,297$767
14 years$2,063$1,785$1,540$1,325$1,137$641
15 years$1,905$1,631$1,391$1,182$1,001$537
16 years$1,768$1,496$1,261$1,058$885$451
17 years$1,646$1,378$1,147$951$785$380
18 years$1,539$1,273$1,047$857$698$320
19 years$1,443$1,180$959$774$622$271
20 years$1,356$1,097$880$701$556$229
21 years$1,278$1,021$809$636$497$194
22 years$1,207$954$746$579$446$165
23 years$1,142$892$689$527$400$140
24 years$1,083$836$637$481$360$119
25 years$1,029$784$590$439$324$101
26 years$979$737$547$401$291$86
27 years$932$694$508$367$263$73
28 years$889$654$472$337$237$62
29 years$849$617$440$309$214$53
30 years$812$582$409$283$193$45
31 years$777$550$382$260$175$38
32 years$745$521$356$239$158$33
33 years$715$493$333$220$143$28
34 years$686$467$311$202$130$24
35 years$659$443$290$186$117$20
36 years$634$421$272$172$106$17
37 years$610$400$254$158$96$15
38 years$587$380$238$146$87$12
39 years$566$361$223$134$79$11
40 years$545$344$209$124$72$9
41 years$526$327$196$114$65$8
42 years$508$312$184$105$59$7
43 years$491$297$173$97$54$6
44 years$474$283$162$90$49$5
45 years$458$270$152$83$44$4
46 years$443$257$143$77$40$3
47 years$429$246$134$71$36$3
48 years$415$234$126$65$33$3
49 years$402$224$119$61$30$2
50 years$390$214$111$56$27$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $399,000, adding $4,863 every year, while hoping to spend $23,387 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: 57/33/10 Blend
64$399,000$399,000$399,000$399,000
65$444,714$423,567$417,383$468,716
66$465,191$419,438$406,481$481,345
67$486,974$414,323$394,431$492,072
68$510,169$408,149$381,169$503,196
69$534,896$400,839$366,628$514,760
70$561,285$392,310$350,740$526,808
71$589,479$382,475$333,432$539,394
72$619,633$371,244$314,629$552,574
73$651,918$358,518$294,252$566,416
74$686,523$344,194$272,219$580,993
75$723,653$328,164$248,442$596,387
76$763,534$310,312$222,834$612,692
77$806,414$290,517$195,298$630,011
78$852,565$268,650$165,737$648,461
79$902,287$244,573$134,049$668,172
80$955,907$218,144$100,127$689,289
81$1,013,786$189,209$63,858$711,975
82$1,076,320$157,609$25,125$736,410
83$1,143,946$123,173$0$762,798
84$1,217,141$85,722$0$793,092
85$1,296,433$45,065$0$828,789
86$1,382,399$1,004$0$867,499
87$1,475,677$0$0$909,548
88$1,576,965$0$0$972,248
89$1,687,034$0$0$1,040,810
90$1,806,731$0$0$1,115,401
91$1,936,986$0$0$1,196,606
92$2,078,826$0$0$1,285,069
93$2,233,377$0$0$1,381,496
94$2,401,882$0$0$1,486,667
95$2,585,707$0$0$1,601,440
96$2,786,354$0$0$1,726,758
97$3,005,481$0$0$1,863,661
98$3,244,908$0$0$2,013,293
99$3,506,642$0$0$2,176,912
100$3,792,892$0$0$2,355,906