Can I retire at age 65 with 383,000?

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 $383,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$31,628$31,346$31,071$30,803$30,541$29,949
2 years$15,657$15,366$15,083$14,809$14,543$13,949
3 years$10,335$10,042$9,760$9,488$9,227$8,649
4 years$7,674$7,382$7,103$6,836$6,581$6,024
5 years$6,078$5,787$5,512$5,251$5,003$4,468
6 years$5,014$4,726$4,454$4,199$3,958$3,447
7 years$4,254$3,969$3,702$3,452$3,219$2,731
8 years$3,685$3,402$3,139$2,896$2,671$2,206
9 years$3,242$2,962$2,704$2,467$2,249$1,807
10 years$2,888$2,611$2,357$2,126$1,916$1,497
11 years$2,599$2,324$2,075$1,851$1,648$1,250
12 years$2,358$2,086$1,842$1,623$1,428$1,052
13 years$2,154$1,885$1,646$1,433$1,245$890
14 years$1,980$1,714$1,479$1,272$1,092$756
15 years$1,829$1,565$1,335$1,134$961$645
16 years$1,697$1,436$1,210$1,016$850$552
17 years$1,580$1,323$1,101$913$753$474
18 years$1,477$1,222$1,005$823$670$407
19 years$1,385$1,133$920$743$597$351
20 years$1,302$1,053$845$673$533$303
21 years$1,227$981$777$611$477$262
22 years$1,159$915$716$555$428$227
23 years$1,096$856$661$506$384$196
24 years$1,040$802$611$461$345$170
25 years$987$753$566$421$311$148
26 years$939$707$525$385$280$128
27 years$895$666$488$353$252$111
28 years$854$627$453$323$228$97
29 years$815$592$422$296$205$84
30 years$780$559$393$272$186$73
31 years$746$528$366$250$168$64
32 years$715$500$342$230$152$55
33 years$686$473$319$211$137$48
34 years$658$449$298$194$124$42
35 years$633$426$279$179$113$37
36 years$608$404$261$165$102$32
37 years$585$384$244$152$93$28
38 years$564$365$229$140$84$24
39 years$543$347$214$129$76$21
40 years$524$330$201$119$69$18
41 years$505$314$188$110$63$16
42 years$488$299$177$101$57$14
43 years$471$285$166$93$52$12
44 years$455$272$156$86$47$11
45 years$440$259$146$80$42$9
46 years$426$247$137$74$39$8
47 years$412$236$129$68$35$7
48 years$399$225$121$63$32$6
49 years$386$215$114$58$29$5
50 years$374$205$107$54$26$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $383,000, adding $4,906 every year, while hoping to spend $20,097 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: 59/12/29 Blend
64$383,000$383,000$383,000$383,000
65$427,127$406,828$400,891$448,690
66$449,310$405,379$392,938$462,551
67$473,083$403,186$384,045$475,118
68$498,587$400,191$374,159$488,412
69$525,974$396,332$363,225$502,511
70$555,416$391,545$351,186$517,498
71$587,099$385,761$337,981$533,470
72$621,227$378,907$323,547$550,529
73$658,024$370,905$307,818$568,794
74$697,738$361,675$290,725$588,394
75$740,639$351,129$272,196$609,472
76$787,026$339,176$252,157$632,189
77$837,226$325,719$230,527$656,721
78$891,599$310,655$207,226$683,265
79$950,541$293,876$182,166$712,039
80$1,014,486$275,266$155,259$743,284
81$1,083,915$254,705$126,411$777,269
82$1,159,352$232,064$95,524$814,291
83$1,241,378$207,207$62,496$854,678
84$1,330,629$179,991$27,220$898,796
85$1,427,807$150,264$0$947,046
86$1,533,682$117,866$0$1,003,102
87$1,649,105$82,628$0$1,073,432
88$1,775,008$44,372$0$1,150,187
89$1,912,421$2,908$0$1,234,012
90$2,062,476$0$0$1,325,618
91$2,226,418$0$0$1,431,330
92$2,405,620$0$0$1,547,332
93$2,601,592$0$0$1,674,222
94$2,815,997$0$0$1,813,079
95$3,050,666$0$0$1,965,095
96$3,307,616$0$0$2,131,579
97$3,589,066$0$0$2,313,975
98$3,897,463$0$0$2,513,872
99$4,235,499$0$0$2,733,021
100$4,606,140$0$0$2,973,349