Can I retire at age 66 with 327,000?

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 $327,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$27,003$26,763$26,528$26,299$26,075$25,231
2 years$13,368$13,119$12,878$12,644$12,417$11,574
3 years$8,823$8,573$8,333$8,101$7,878$7,063
4 years$6,552$6,302$6,064$5,836$5,618$4,838
5 years$5,189$4,941$4,706$4,483$4,271$3,527
6 years$4,281$4,035$3,803$3,585$3,380$2,672
7 years$3,632$3,388$3,160$2,947$2,748$2,078
8 years$3,146$2,905$2,680$2,473$2,280$1,646
9 years$2,768$2,529$2,309$2,106$1,920$1,322
10 years$2,466$2,229$2,013$1,815$1,636$1,073
11 years$2,219$1,984$1,772$1,580$1,407$877
12 years$2,013$1,781$1,573$1,386$1,219$722
13 years$1,839$1,610$1,405$1,223$1,063$598
14 years$1,690$1,463$1,262$1,086$932$496
15 years$1,561$1,337$1,140$969$821$414
16 years$1,449$1,226$1,033$867$725$346
17 years$1,349$1,129$940$779$643$290
18 years$1,261$1,044$858$702$572$243
19 years$1,182$967$786$635$510$204
20 years$1,111$899$721$575$455$172
21 years$1,047$837$663$522$407$145
22 years$989$781$611$474$365$122
23 years$936$731$564$432$328$103
24 years$888$685$522$394$295$87
25 years$843$643$484$360$265$74
26 years$802$604$448$329$239$62
27 years$764$568$416$301$215$53
28 years$729$536$387$276$194$45
29 years$696$505$360$253$175$38
30 years$666$477$336$232$159$32
31 years$637$451$313$213$143$27
32 years$611$427$292$196$130$23
33 years$586$404$273$180$117$19
34 years$562$383$255$166$106$16
35 years$540$363$238$153$96$14
36 years$519$345$223$141$87$12
37 years$500$328$208$130$79$10
38 years$481$311$195$119$72$8
39 years$464$296$183$110$65$7
40 years$447$282$171$102$59$6
41 years$431$268$161$94$53$5
42 years$416$255$151$86$49$4
43 years$402$243$141$80$44$4
44 years$389$232$133$74$40$3
45 years$376$221$125$68$36$3
46 years$363$211$117$63$33$2
47 years$352$201$110$58$30$2
48 years$340$192$103$54$27$2
49 years$330$184$97$50$25$1
50 years$319$175$91$46$22$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 66 starting with $327,000, adding $4,603 every year, while hoping to spend $22,883 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: 45/34/21 Blend
65$327,000$327,000$327,000$327,000
66$365,102$347,771$342,702$379,138
67$377,995$340,464$329,836$382,158
68$391,436$332,033$315,771$382,817
69$405,457$322,397$300,444$383,062
70$420,093$311,473$283,787$382,865
71$435,379$299,172$265,731$382,198
72$451,356$285,400$246,202$381,032
73$468,068$270,058$225,123$379,334
74$485,560$253,040$202,413$377,075
75$503,883$234,235$177,991$374,220
76$523,093$213,526$151,767$370,737
77$543,248$190,789$123,650$366,590
78$564,413$165,891$93,547$361,745
79$586,658$138,695$61,355$356,165
80$610,059$109,053$26,973$349,813
81$634,700$76,811$0$342,652
82$660,670$41,806$0$336,820
83$688,068$3,863$0$336,694
84$717,000$0$0$336,211
85$747,584$0$0$349,278
86$779,948$0$0$364,651
87$814,230$0$0$380,955
88$850,582$0$0$398,263
89$889,172$0$0$416,658
90$930,180$0$0$436,229
91$973,807$0$0$457,074
92$1,020,268$0$0$479,301
93$1,069,803$0$0$503,026
94$1,122,674$0$0$528,378
95$1,179,165$0$0$555,499
96$1,239,590$0$0$584,543
97$1,304,294$0$0$615,679
98$1,373,653$0$0$649,094
99$1,448,080$0$0$684,991
100$1,528,030$0$0$723,595