Can I retire at age 67 with 357,000?

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 $357,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$29,481$29,218$28,962$28,712$28,468$27,973
2 years$14,594$14,323$14,059$13,804$13,556$13,059
3 years$9,633$9,360$9,097$8,844$8,601$8,117
4 years$7,153$6,881$6,620$6,372$6,134$5,668
5 years$5,665$5,394$5,138$4,894$4,663$4,215
6 years$4,673$4,405$4,152$3,914$3,690$3,261
7 years$3,966$3,699$3,450$3,218$3,001$2,591
8 years$3,435$3,171$2,926$2,699$2,489$2,098
9 years$3,022$2,761$2,520$2,299$2,096$1,724
10 years$2,692$2,434$2,197$1,982$1,786$1,433
11 years$2,423$2,166$1,934$1,725$1,536$1,201
12 years$2,198$1,945$1,717$1,513$1,331$1,013
13 years$2,008$1,757$1,534$1,336$1,161$860
14 years$1,846$1,597$1,378$1,186$1,018$733
15 years$1,705$1,459$1,244$1,057$896$628
16 years$1,582$1,339$1,128$947$792$539
17 years$1,473$1,233$1,027$851$702$464
18 years$1,377$1,139$937$767$624$401
19 years$1,291$1,056$858$693$556$346
20 years$1,213$981$787$627$497$300
21 years$1,143$914$724$569$445$260
22 years$1,080$853$667$518$399$226
23 years$1,022$798$616$472$358$197
24 years$969$748$570$430$322$171
25 years$920$702$528$393$289$149
26 years$876$659$490$359$261$130
27 years$834$621$455$329$235$113
28 years$796$585$423$301$212$99
29 years$760$552$393$276$192$86
30 years$727$521$366$253$173$75
31 years$696$492$342$233$156$66
32 years$667$466$319$214$142$58
33 years$639$441$298$197$128$50
34 years$614$418$278$181$116$44
35 years$590$397$260$167$105$38
36 years$567$377$243$153$95$34
37 years$546$358$228$141$86$29
38 years$525$340$213$130$78$26
39 years$506$323$200$120$71$23
40 years$488$307$187$111$64$20
41 years$471$293$175$102$58$17
42 years$455$279$165$94$53$15
43 years$439$266$154$87$48$13
44 years$424$253$145$80$44$12
45 years$410$241$136$74$40$10
46 years$397$230$128$69$36$9
47 years$384$220$120$63$33$8
48 years$372$210$113$59$30$7
49 years$360$200$106$54$27$6
50 years$349$191$100$50$24$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $357,000, adding $4,258 every year, while hoping to spend $24,278 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: 53/18/29 Blend
66$357,000$357,000$357,000$357,000
67$397,806$378,885$373,352$415,464
68$412,551$371,619$360,027$420,904
69$427,986$363,183$345,443$424,014
70$444,156$353,494$329,531$426,921
71$461,109$342,465$312,220$429,615
72$478,899$330,002$293,435$432,087
73$497,582$316,008$273,101$434,328
74$517,220$300,378$251,135$436,333
75$537,882$283,001$227,453$438,093
76$559,640$263,762$201,967$439,603
77$582,575$242,538$174,584$440,859
78$606,773$219,198$145,208$441,859
79$632,330$193,605$113,739$442,602
80$659,349$165,613$80,071$443,089
81$687,943$135,069$44,094$443,326
82$718,237$101,810$5,694$443,319
83$750,364$65,666$0$443,078
84$784,472$26,455$0$453,538
85$820,723$0$0$466,388
86$859,293$0$0$483,102
87$900,375$0$0$506,505
88$944,181$0$0$531,480
89$990,942$0$0$558,162
90$1,040,912$0$0$586,698
91$1,094,369$0$0$617,250
92$1,151,617$0$0$649,996
93$1,212,993$0$0$685,131
94$1,278,862$0$0$722,867
95$1,349,627$0$0$763,440
96$1,425,730$0$0$807,107
97$1,507,656$0$0$854,150
98$1,595,939$0$0$904,881
99$1,691,164$0$0$959,640
100$1,793,973$0$0$1,018,801