Can I retire at age 70 with 365,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $365,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$30,141$29,873$29,611$29,355$29,106$28,367
2 years$14,921$14,644$14,374$14,113$13,860$13,121
3 years$9,849$9,570$9,301$9,042$8,793$8,077
4 years$7,313$7,035$6,769$6,515$6,271$5,583
5 years$5,792$5,515$5,253$5,004$4,767$4,109
6 years$4,778$4,504$4,245$4,002$3,772$3,144
7 years$4,054$3,782$3,528$3,290$3,068$2,470
8 years$3,512$3,242$2,992$2,760$2,545$1,978
9 years$3,090$2,823$2,577$2,351$2,143$1,605
10 years$2,753$2,488$2,247$2,026$1,826$1,317
11 years$2,477$2,215$1,978$1,764$1,571$1,090
12 years$2,247$1,988$1,755$1,547$1,361$908
13 years$2,053$1,797$1,568$1,366$1,187$761
14 years$1,887$1,633$1,409$1,212$1,040$640
15 years$1,743$1,492$1,272$1,081$916$540
16 years$1,617$1,369$1,153$968$810$457
17 years$1,506$1,261$1,050$870$718$388
18 years$1,408$1,165$958$784$638$330
19 years$1,320$1,080$877$708$569$281
20 years$1,241$1,003$805$641$508$240
21 years$1,169$934$740$582$455$205
22 years$1,104$872$682$529$408$175
23 years$1,045$816$630$482$366$150
24 years$991$764$583$440$329$129
25 years$941$717$540$402$296$110
26 years$895$674$501$367$267$95
27 years$853$634$465$336$240$81
28 years$814$598$432$308$217$70
29 years$777$564$402$282$196$60
30 years$743$533$375$259$177$51
31 years$711$504$349$238$160$44
32 years$682$476$326$219$145$38
33 years$654$451$304$201$131$33
34 years$628$428$284$185$119$28
35 years$603$406$266$170$107$24
36 years$580$385$249$157$97$21
37 years$558$366$233$145$88$18
38 years$537$347$218$133$80$15
39 years$518$330$204$123$73$13
40 years$499$314$191$113$66$11
41 years$481$299$179$105$60$10
42 years$465$285$168$96$54$8
43 years$449$272$158$89$49$7
44 years$434$259$148$82$45$6
45 years$419$247$139$76$40$5
46 years$406$235$131$70$37$5
47 years$392$225$123$65$33$4
48 years$380$215$115$60$30$3
49 years$368$205$108$55$28$3
50 years$356$196$102$51$25$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $365,000, adding $6,787 every year, while hoping to spend $20,501 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: 75/19/6 Blend
69$365,000$365,000$365,000$365,000
70$409,231$389,886$384,228$439,149
71$429,159$387,177$375,287$457,056
72$450,434$383,649$365,359$473,380
73$473,169$379,239$354,390$490,674
74$497,493$373,882$342,322$509,026
75$523,543$367,508$329,096$528,532
76$551,472$360,044$314,649$549,301
77$581,448$351,412$298,915$571,450
78$613,654$341,530$281,827$595,112
79$648,292$330,309$263,313$620,430
80$685,581$317,658$243,298$647,565
81$725,766$303,479$221,704$676,692
82$769,113$287,668$198,450$708,007
83$815,915$270,116$173,450$741,725
84$866,493$250,707$146,616$778,083
85$921,202$229,318$117,854$817,344
86$980,431$205,821$87,069$859,798
87$1,044,607$180,079$54,157$905,764
88$1,114,201$151,946$19,015$955,596
89$1,189,729$121,271$0$1,009,684
90$1,271,759$87,892$0$1,069,642
91$1,360,919$51,638$0$1,136,138
92$1,457,895$12,331$0$1,208,488
93$1,563,445$0$0$1,287,278
94$1,678,401$0$0$1,379,475
95$1,803,681$0$0$1,482,776
96$1,940,293$0$0$1,595,434
97$2,089,347$0$0$1,718,369
98$2,252,066$0$0$1,852,589
99$2,429,795$0$0$1,999,207
100$2,624,015$0$0$2,159,445