Can I retire at age 47 with 325,000?

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 $325,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$26,838$26,599$26,366$26,138$25,916$25,137
2 years$13,286$13,039$12,799$12,566$12,341$11,562
3 years$8,770$8,521$8,282$8,051$7,830$7,076
4 years$6,512$6,264$6,027$5,801$5,584$4,862
5 years$5,157$4,911$4,677$4,455$4,245$3,555
6 years$4,255$4,010$3,780$3,563$3,359$2,703
7 years$3,610$3,368$3,141$2,929$2,732$2,109
8 years$3,127$2,887$2,664$2,457$2,266$1,677
9 years$2,751$2,513$2,294$2,093$1,908$1,351
10 years$2,451$2,215$2,000$1,804$1,626$1,101
11 years$2,206$1,972$1,761$1,570$1,399$904
12 years$2,001$1,770$1,563$1,377$1,212$747
13 years$1,828$1,600$1,396$1,216$1,057$621
14 years$1,680$1,454$1,255$1,079$926$518
15 years$1,552$1,328$1,133$963$816$433
16 years$1,440$1,219$1,027$862$721$364
17 years$1,341$1,122$935$774$639$306
18 years$1,253$1,037$853$698$568$258
19 years$1,175$961$781$631$507$218
20 years$1,105$893$717$571$452$184
21 years$1,041$832$659$518$405$156
22 years$983$777$608$471$363$132
23 years$930$726$561$429$326$112
24 years$882$681$519$391$293$95
25 years$838$639$481$358$264$81
26 years$797$600$446$327$237$69
27 years$759$565$414$299$214$58
28 years$724$532$385$274$193$50
29 years$692$502$358$251$174$42
30 years$662$474$333$231$158$36
31 years$633$448$311$212$142$30
32 years$607$424$290$195$129$26
33 years$582$402$271$179$117$22
34 years$559$381$253$165$106$19
35 years$537$361$237$152$96$16
36 years$516$343$221$140$87$14
37 years$497$326$207$129$79$12
38 years$478$309$194$119$71$10
39 years$461$294$182$109$65$8
40 years$444$280$170$101$59$7
41 years$429$266$160$93$53$6
42 years$414$254$150$86$48$5
43 years$400$242$141$79$44$4
44 years$386$230$132$73$40$4
45 years$373$220$124$68$36$3
46 years$361$210$116$62$33$3
47 years$349$200$109$58$30$2
48 years$338$191$103$53$27$2
49 years$328$182$97$49$25$2
50 years$317$174$91$46$22$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 47 starting with $325,000, adding $6,953 every year, while hoping to spend $22,135 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: 30/43/27 Blend
46$325,000$325,000$325,000$325,000
47$365,322$348,097$343,060$373,085
48$379,033$341,602$331,001$373,189
49$393,401$334,047$317,796$370,892
50$408,470$325,357$303,383$367,978
51$424,286$315,452$287,699$364,410
52$440,901$304,247$270,674$360,148
53$458,371$291,653$252,240$355,149
54$476,756$277,576$232,322$349,372
55$496,123$261,915$210,843$342,772
56$516,544$244,565$187,722$335,301
57$538,098$225,414$162,877$326,913
58$560,868$204,344$136,218$317,557
59$584,950$181,231$107,654$307,184
60$610,445$155,941$77,090$295,739
61$637,463$128,335$44,426$283,170
62$666,128$98,266$9,558$269,421
63$696,571$65,579$0$254,436
64$728,937$30,109$0$246,122
65$763,387$0$0$239,912
66$800,093$0$0$236,959
67$839,247$0$0$249,036
68$881,058$0$0$261,963
69$925,753$0$0$275,816
70$973,585$0$0$290,676
71$1,024,828$0$0$306,635
72$1,079,783$0$0$323,790
73$1,138,783$0$0$342,249
74$1,202,189$0$0$362,133
75$1,270,401$0$0$383,572
76$1,343,857$0$0$406,709
77$1,423,038$0$0$431,703
78$1,508,471$0$0$458,726
79$1,600,737$0$0$487,970
80$1,700,474$0$0$519,645
81$1,808,383$0$0$553,979
82$1,925,235$0$0$591,229
83$2,051,875$0$0$631,670
84$2,189,236$0$0$675,612
85$2,338,343$0$0$723,389
86$2,500,321$0$0$775,375
87$2,676,409$0$0$831,976
88$2,867,973$0$0$893,642
89$3,076,510$0$0$960,868
90$3,303,673$0$0$1,034,196
91$3,551,277$0$0$1,114,227
92$3,821,321$0$0$1,201,620
93$4,116,006$0$0$1,297,099
94$4,437,754$0$0$1,401,463
95$4,789,230$0$0$1,515,593
96$5,173,370$0$0$1,640,456
97$5,593,405$0$0$1,777,119
98$6,052,892$0$0$1,926,756
99$6,555,749$0$0$2,090,659
100$7,106,290$0$0$2,270,253