Can I retire at age 64 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%12%
1 years$26,838$26,599$26,366$26,138$25,916$25,699
2 years$13,286$13,039$12,799$12,566$12,341$12,122
3 years$8,770$8,521$8,282$8,051$7,830$7,616
4 years$6,512$6,264$6,027$5,801$5,584$5,377
5 years$5,157$4,911$4,677$4,455$4,245$4,045
6 years$4,255$4,010$3,780$3,563$3,359$3,167
7 years$3,610$3,368$3,141$2,929$2,732$2,547
8 years$3,127$2,887$2,664$2,457$2,266$2,089
9 years$2,751$2,513$2,294$2,093$1,908$1,739
10 years$2,451$2,215$2,000$1,804$1,626$1,464
11 years$2,206$1,972$1,761$1,570$1,399$1,244
12 years$2,001$1,770$1,563$1,377$1,212$1,065
13 years$1,828$1,600$1,396$1,216$1,057$917
14 years$1,680$1,454$1,255$1,079$926$793
15 years$1,552$1,328$1,133$963$816$689
16 years$1,440$1,219$1,027$862$721$601
17 years$1,341$1,122$935$774$639$526
18 years$1,253$1,037$853$698$568$461
19 years$1,175$961$781$631$507$405
20 years$1,105$893$717$571$452$357
21 years$1,041$832$659$518$405$315
22 years$983$777$608$471$363$278
23 years$930$726$561$429$326$246
24 years$882$681$519$391$293$218
25 years$838$639$481$358$264$193
26 years$797$600$446$327$237$171
27 years$759$565$414$299$214$152
28 years$724$532$385$274$193$135
29 years$692$502$358$251$174$120
30 years$662$474$333$231$158$106
31 years$633$448$311$212$142$95
32 years$607$424$290$195$129$84
33 years$582$402$271$179$117$75
34 years$559$381$253$165$106$67
35 years$537$361$237$152$96$60
36 years$516$343$221$140$87$53
37 years$497$326$207$129$79$47
38 years$478$309$194$119$71$42
39 years$461$294$182$109$65$38
40 years$444$280$170$101$59$34
41 years$429$266$160$93$53$30
42 years$414$254$150$86$48$27
43 years$400$242$141$79$44$24
44 years$386$230$132$73$40$21
45 years$373$220$124$68$36$19
46 years$361$210$116$62$33$17
47 years$349$200$109$58$30$15
48 years$338$191$103$53$27$13
49 years$328$182$97$49$25$12
50 years$317$174$91$46$22$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $325,000, adding $4,521 every year, while hoping to spend $32,166 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: 53/32/15 Blend
63$325,000$325,000$325,000$325,000
64$362,813$345,588$340,551$380,357
65$365,596$328,298$317,735$375,549
66$367,584$309,082$293,077$366,518
67$368,663$287,813$266,480$355,968
68$368,706$264,354$237,846$343,765
69$367,569$238,562$207,069$329,761
70$365,096$210,287$174,041$313,796
71$361,111$179,367$138,647$295,696
72$355,422$145,633$100,769$275,275
73$347,813$108,907$60,283$252,326
74$338,046$69,000$17,058$226,628
75$325,858$25,712$0$197,939
76$310,957$0$0$170,648
77$293,019$0$0$150,487
78$271,687$0$0$137,377
79$246,566$0$0$122,034
80$217,219$0$0$104,201
81$183,162$0$0$83,596
82$143,859$0$0$59,904
83$98,722$0$0$32,782
84$47,097$0$0$1,846
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0