Can I retire at age 57 with 327,000?

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 $327,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$27,003$26,763$26,528$26,299$26,075$25,911
2 years$13,368$13,119$12,878$12,644$12,417$12,251
3 years$8,823$8,573$8,333$8,101$7,878$7,716
4 years$6,552$6,302$6,064$5,836$5,618$5,461
5 years$5,189$4,941$4,706$4,483$4,271$4,119
6 years$4,281$4,035$3,803$3,585$3,380$3,233
7 years$3,632$3,388$3,160$2,947$2,748$2,608
8 years$3,146$2,905$2,680$2,473$2,280$2,145
9 years$2,768$2,529$2,309$2,106$1,920$1,791
10 years$2,466$2,229$2,013$1,815$1,636$1,513
11 years$2,219$1,984$1,772$1,580$1,407$1,289
12 years$2,013$1,781$1,573$1,386$1,219$1,107
13 years$1,839$1,610$1,405$1,223$1,063$956
14 years$1,690$1,463$1,262$1,086$932$830
15 years$1,561$1,337$1,140$969$821$724
16 years$1,449$1,226$1,033$867$725$633
17 years$1,349$1,129$940$779$643$556
18 years$1,261$1,044$858$702$572$489
19 years$1,182$967$786$635$510$431
20 years$1,111$899$721$575$455$381
21 years$1,047$837$663$522$407$337
22 years$989$781$611$474$365$299
23 years$936$731$564$432$328$265
24 years$888$685$522$394$295$236
25 years$843$643$484$360$265$210
26 years$802$604$448$329$239$187
27 years$764$568$416$301$215$166
28 years$729$536$387$276$194$148
29 years$696$505$360$253$175$132
30 years$666$477$336$232$159$118
31 years$637$451$313$213$143$106
32 years$611$427$292$196$130$94
33 years$586$404$273$180$117$84
34 years$562$383$255$166$106$75
35 years$540$363$238$153$96$67
36 years$519$345$223$141$87$60
37 years$500$328$208$130$79$54
38 years$481$311$195$119$72$48
39 years$464$296$183$110$65$43
40 years$447$282$171$102$59$39
41 years$431$268$161$94$53$35
42 years$416$255$151$86$49$31
43 years$402$243$141$80$44$28
44 years$389$232$133$74$40$25
45 years$376$221$125$68$36$22
46 years$363$211$117$63$33$20
47 years$352$201$110$58$30$18
48 years$340$192$103$54$27$16
49 years$330$184$97$50$25$14
50 years$319$175$91$46$22$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $327,000, adding $6,745 every year, while hoping to spend $23,386 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: 47/32/21 Blend
56$327,000$327,000$327,000$327,000
57$367,311$349,980$344,912$382,093
58$379,895$342,247$331,584$385,372
59$392,978$333,351$317,026$386,057
60$406,587$323,210$301,171$386,318
61$420,750$311,739$283,952$386,124
62$435,497$298,845$265,295$385,446
63$450,861$284,432$245,126$384,251
64$466,878$268,398$223,366$382,506
65$483,584$250,633$199,933$380,177
66$501,020$231,025$174,742$377,227
67$519,230$209,451$147,701$373,619
68$538,261$185,784$118,719$369,314
69$558,164$159,888$87,697$364,273
70$578,996$131,621$54,534$358,454
71$600,814$100,832$19,122$351,814
72$623,686$67,361$0$344,310
73$647,680$31,040$0$340,079
74$672,874$0$0$339,737
75$699,350$0$0$341,899
76$727,198$0$0$355,683
77$756,517$0$0$370,208
78$787,414$0$0$385,530
79$820,005$0$0$401,707
80$854,417$0$0$418,806
81$890,789$0$0$436,896
82$929,270$0$0$456,056
83$970,027$0$0$476,371
84$1,013,239$0$0$497,931
85$1,059,103$0$0$520,840
86$1,107,835$0$0$545,207
87$1,159,669$0$0$571,154
88$1,214,863$0$0$598,812
89$1,273,701$0$0$628,328
90$1,336,489$0$0$659,861
91$1,403,567$0$0$693,584
92$1,475,307$0$0$729,689
93$1,552,113$0$0$768,386
94$1,634,434$0$0$809,904
95$1,722,757$0$0$854,496
96$1,817,619$0$0$902,439
97$1,919,611$0$0$954,037
98$2,029,379$0$0$1,009,623
99$2,147,633$0$0$1,069,566
100$2,275,153$0$0$1,134,266