Can I retire at age 66 with 365,000?

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 $365,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$30,141$29,873$29,611$29,355$29,106$28,495
2 years$14,921$14,644$14,374$14,113$13,860$13,247
3 years$9,849$9,570$9,301$9,042$8,793$8,198
4 years$7,313$7,035$6,769$6,515$6,271$5,698
5 years$5,792$5,515$5,253$5,004$4,767$4,218
6 years$4,778$4,504$4,245$4,002$3,772$3,247
7 years$4,054$3,782$3,528$3,290$3,068$2,567
8 years$3,512$3,242$2,992$2,760$2,545$2,068
9 years$3,090$2,823$2,577$2,351$2,143$1,690
10 years$2,753$2,488$2,247$2,026$1,826$1,397
11 years$2,477$2,215$1,978$1,764$1,571$1,164
12 years$2,247$1,988$1,755$1,547$1,361$976
13 years$2,053$1,797$1,568$1,366$1,187$824
14 years$1,887$1,633$1,409$1,212$1,040$698
15 years$1,743$1,492$1,272$1,081$916$594
16 years$1,617$1,369$1,153$968$810$507
17 years$1,506$1,261$1,050$870$718$434
18 years$1,408$1,165$958$784$638$372
19 years$1,320$1,080$877$708$569$319
20 years$1,241$1,003$805$641$508$275
21 years$1,169$934$740$582$455$237
22 years$1,104$872$682$529$408$204
23 years$1,045$816$630$482$366$176
24 years$991$764$583$440$329$152
25 years$941$717$540$402$296$132
26 years$895$674$501$367$267$114
27 years$853$634$465$336$240$99
28 years$814$598$432$308$217$86
29 years$777$564$402$282$196$74
30 years$743$533$375$259$177$64
31 years$711$504$349$238$160$56
32 years$682$476$326$219$145$48
33 years$654$451$304$201$131$42
34 years$628$428$284$185$119$36
35 years$603$406$266$170$107$32
36 years$580$385$249$157$97$27
37 years$558$366$233$145$88$24
38 years$537$347$218$133$80$21
39 years$518$330$204$123$73$18
40 years$499$314$191$113$66$16
41 years$481$299$179$105$60$14
42 years$465$285$168$96$54$12
43 years$449$272$158$89$49$10
44 years$434$259$148$82$45$9
45 years$419$247$139$76$40$8
46 years$406$235$131$70$37$7
47 years$392$225$123$65$33$6
48 years$380$215$115$60$30$5
49 years$368$205$108$55$28$4
50 years$356$196$102$51$25$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 66 starting with $365,000, adding $4,639 every year, while hoping to spend $26,288 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: 61/32/7 Blend
65$365,000$365,000$365,000$365,000
66$407,015$387,670$382,013$430,990
67$420,560$378,696$366,840$438,613
68$434,606$368,401$350,278$443,472
69$449,176$356,692$332,252$448,104
70$464,294$343,472$312,685$452,489
71$479,988$328,638$291,495$456,604
72$496,285$312,079$268,598$460,424
73$513,215$293,680$243,906$463,925
74$530,811$273,319$217,324$467,080
75$549,107$250,865$188,758$469,863
76$568,140$226,181$158,105$472,245
77$587,949$199,123$125,261$474,196
78$608,578$169,538$90,115$475,685
79$630,072$137,264$52,553$476,682
80$652,479$102,130$12,454$477,153
81$675,854$63,956$0$477,064
82$700,253$22,552$0$478,646
83$725,737$0$0$480,738
84$752,374$0$0$490,228
85$780,235$0$0$508,467
86$809,398$0$0$527,566
87$839,947$0$0$547,582
88$871,974$0$0$568,574
89$905,578$0$0$590,609
90$940,866$0$0$613,759
91$977,956$0$0$638,102
92$1,016,974$0$0$663,723
93$1,058,059$0$0$690,714
94$1,101,362$0$0$719,176
95$1,147,045$0$0$749,218
96$1,195,289$0$0$780,961
97$1,246,288$0$0$814,533
98$1,300,254$0$0$850,078
99$1,357,421$0$0$887,752
100$1,418,042$0$0$927,723