Can I retire at age 75 with 356,000?

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 $356,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$29,398$29,136$28,881$28,631$28,388$27,987
2 years$14,554$14,282$14,020$13,765$13,518$13,115
3 years$9,606$9,334$9,072$8,819$8,576$8,183
4 years$7,133$6,861$6,602$6,354$6,117$5,737
5 years$5,649$5,379$5,123$4,880$4,650$4,285
6 years$4,660$4,393$4,140$3,903$3,679$3,329
7 years$3,954$3,689$3,441$3,209$2,992$2,657
8 years$3,425$3,162$2,918$2,692$2,482$2,162
9 years$3,014$2,753$2,513$2,293$2,091$1,785
10 years$2,685$2,427$2,191$1,976$1,781$1,490
11 years$2,416$2,160$1,929$1,720$1,532$1,255
12 years$2,192$1,939$1,712$1,509$1,328$1,065
13 years$2,003$1,752$1,530$1,332$1,158$908
14 years$1,840$1,593$1,374$1,182$1,015$779
15 years$1,700$1,455$1,241$1,054$893$670
16 years$1,577$1,335$1,125$944$790$579
17 years$1,469$1,230$1,024$848$700$501
18 years$1,373$1,136$934$765$623$435
19 years$1,287$1,053$855$691$555$379
20 years$1,210$978$785$626$496$330
21 years$1,140$911$722$568$444$288
22 years$1,077$851$666$516$398$252
23 years$1,019$796$615$470$357$220
24 years$966$746$568$429$321$193
25 years$918$700$526$392$289$169
26 years$873$658$488$358$260$148
27 years$832$619$453$328$234$130
28 years$793$583$421$300$212$114
29 years$758$550$392$275$191$100
30 years$725$520$365$253$173$88
31 years$694$491$341$232$156$78
32 years$665$465$318$213$141$68
33 years$638$440$297$196$128$60
34 years$612$417$277$180$116$53
35 years$588$396$259$166$105$47
36 years$565$375$242$153$95$41
37 years$544$357$227$141$86$36
38 years$524$339$213$130$78$32
39 years$505$322$199$120$71$28
40 years$487$307$187$111$64$25
41 years$470$292$175$102$58$22
42 years$453$278$164$94$53$19
43 years$438$265$154$87$48$17
44 years$423$252$145$80$43$15
45 years$409$241$136$74$39$13
46 years$396$230$128$68$36$12
47 years$383$219$120$63$33$10
48 years$370$209$113$58$30$9
49 years$359$200$106$54$27$8
50 years$348$191$99$50$24$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $356,000, adding $3,319 every year, while hoping to spend $31,848 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: 38/37/25 Blend
74$356,000$356,000$356,000$356,000
75$395,736$376,868$371,350$407,716
76$402,215$361,448$349,904$401,338
77$408,287$344,206$326,672$391,256
78$413,878$325,017$301,561$379,733
79$418,903$303,753$274,473$366,660
80$423,270$280,275$245,306$351,916
81$426,873$254,438$213,954$335,375
82$429,598$226,089$180,305$316,901
83$431,314$195,066$144,243$296,345
84$431,880$161,195$105,647$273,550
85$431,135$124,297$64,389$248,346
86$428,903$84,180$20,339$220,551
87$424,988$40,642$0$189,969
88$419,173$0$0$163,504
89$411,215$0$0$142,724
90$400,849$0$0$137,454
91$387,777$0$0$131,023
92$371,672$0$0$123,291
93$352,171$0$0$114,105
94$328,873$0$0$103,298
95$301,333$0$0$90,681
96$269,059$0$0$76,048
97$231,509$0$0$59,169
98$188,081$0$0$39,794
99$138,112$0$0$17,641
100$80,868$0$0$0