Can I retire at age 69 with 326,000?

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 $326,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$26,921$26,681$26,447$26,219$25,996$25,565
2 years$13,327$13,079$12,838$12,605$12,379$11,946
3 years$8,796$8,547$8,307$8,076$7,854$7,433
4 years$6,532$6,283$6,046$5,818$5,601$5,195
5 years$5,173$4,926$4,692$4,469$4,258$3,868
6 years$4,268$4,022$3,792$3,574$3,369$2,995
7 years$3,621$3,378$3,151$2,938$2,740$2,382
8 years$3,137$2,896$2,672$2,465$2,273$1,932
9 years$2,760$2,521$2,301$2,100$1,914$1,589
10 years$2,459$2,222$2,006$1,810$1,631$1,322
11 years$2,212$1,978$1,766$1,575$1,403$1,109
12 years$2,007$1,776$1,568$1,382$1,216$937
13 years$1,834$1,605$1,401$1,220$1,060$797
14 years$1,685$1,459$1,258$1,083$929$680
15 years$1,557$1,332$1,136$966$818$583
16 years$1,444$1,223$1,030$865$723$501
17 years$1,345$1,126$937$777$641$432
18 years$1,257$1,040$856$700$570$374
19 years$1,179$964$783$633$508$324
20 years$1,108$896$719$573$454$281
21 years$1,044$835$661$520$406$244
22 years$986$779$609$473$364$212
23 years$933$729$563$431$327$185
24 years$885$683$520$393$294$161
25 years$840$641$482$359$264$141
26 years$800$602$447$328$238$123
27 years$762$567$415$300$215$107
28 years$727$534$386$275$194$94
29 years$694$504$359$252$175$82
30 years$664$476$335$231$158$72
31 years$635$450$312$213$143$63
32 years$609$426$291$195$129$55
33 years$584$403$272$180$117$48
34 years$560$382$254$165$106$42
35 years$538$362$237$152$96$37
36 years$518$344$222$140$87$32
37 years$498$327$208$129$79$28
38 years$480$310$195$119$71$25
39 years$462$295$182$110$65$22
40 years$446$281$171$101$59$19
41 years$430$267$160$93$53$17
42 years$415$255$150$86$48$15
43 years$401$243$141$80$44$13
44 years$387$231$132$73$40$11
45 years$374$220$124$68$36$10
46 years$362$210$117$63$33$9
47 years$350$201$110$58$30$8
48 years$339$192$103$53$27$7
49 years$329$183$97$49$25$6
50 years$318$175$91$46$22$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $326,000, adding $4,642 every year, while hoping to spend $27,428 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: 62/26/12 Blend
68$326,000$326,000$326,000$326,000
69$364,040$346,762$341,709$385,298
70$371,989$334,570$323,973$387,922
71$379,830$320,862$304,724$387,227
72$387,522$305,533$283,882$385,792
73$395,020$288,476$261,363$383,549
74$402,274$269,573$237,081$380,419
75$409,228$248,704$210,945$376,320
76$415,817$225,739$182,859$371,161
77$421,972$200,541$152,726$364,845
78$427,611$172,966$120,441$357,265
79$432,648$142,862$85,896$348,306
80$436,984$110,068$48,979$337,843
81$440,508$74,413$9,572$325,739
82$443,099$35,718$0$311,847
83$444,620$0$0$300,166
84$444,920$0$0$289,717
85$443,832$0$0$288,524
86$441,169$0$0$286,241
87$436,725$0$0$282,726
88$430,270$0$0$277,823
89$421,550$0$0$271,356
90$410,283$0$0$263,133
91$396,158$0$0$252,941
92$378,829$0$0$240,543
93$357,914$0$0$225,676
94$332,989$0$0$208,052
95$303,587$0$0$187,351
96$269,190$0$0$163,217
97$229,225$0$0$135,259
98$183,060$0$0$103,045
99$129,996$0$0$66,095
100$69,259$0$0$23,882