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Monte Carlo Retirement Calculator

··762 words·4 mins· Draft
Chris W.
Author
Chris W.
Owning my financial freedom
Table of Contents
Want to understand the methodology? Learn why Monte Carlo simulation matters and how it models market volatility in our Complete Guide to Monte Carlo Retirement Planning.

Interactive Calculator
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🎲 Monte Carlo Retirement Calculator

Simulate your financial future with 100,000+ scenarios

1. Choose Your Portfolio

Heavy dividend tilt with growth

  • VTI: 35% • SCHG: 15%
  • SCHD: 30% • SGOV: 20%
ER: 0.0525% Exp Return: 8.0%

All market conditions with gold

  • VTI: 30% • VXUS: 10%
  • SHY: 20% • TLT: 20% • GLD: 20%
ER: 0.1560% Exp Return: 6.5%

Enhanced diversification + inflation

  • VTI: 40% • VXUS: 20%
  • VNQ: 10% • VTIP: 15% • BND: 15%
ER: 0.0485% Exp Return: 7.2%

2. Set Your Parameters

$
%
years
%

How to Use This Calculator
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Step 1: Choose Your Portfolio
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Select from four professionally designed portfolios:

Portfolio Best For Expected Return
Dividend-Focused Income seekers, US-focused investors 8.0%
Three-Fund Bogleheads Most investors (lowest fees, global diversification) 7.0%
Golden Butterfly Conservative investors worried about crashes 6.5%
Modern Bogleheads Inflation-conscious investors 7.2%

Step 2: Set Your Withdrawal Rate
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This determines how much you withdraw annually. The calculator supports two strategies:

Constant Dollar (Traditional): Fixed inflation-adjusted withdrawals regardless of portfolio value. Simple but rigid.

Dynamic Spending (Vanguard): Withdrawals adjust based on portfolio performance with floor/ceiling bounds. More sustainable for aggressive rates.

Quick guide:

  • 2.5-3.0% = Very conservative (50-year horizons)
  • 3.0-3.5% = Moderate (40-year horizons)
  • 4.0%+ = Aggressive (30-year horizons or with flexibility)

Step 3: Set Duration
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Enter years until age 100 (or your planning horizon). Add 5-10 years as a buffer.

Step 4: Add Fees (Optional)
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Beyond ETF expense ratios, add any advisor or platform fees:

  • 0.00% - DIY at Vanguard/Fidelity/Schwab
  • 0.25% - Robo-advisors
  • 1.00% - Traditional advisor (costs ~39% of wealth over 50 years!)

Step 5: Run Simulation
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Click Run Simulation and wait 2-10 seconds. The calculator runs 10,000+ scenarios.


Understanding Your Results
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Metric What It Means
Median Outcome Most likely result (50th percentile)
5th Percentile Your safety net—plan around this number
Depletion Risk Probability of running out of money
Sharpe/Sortino Ratio Risk-adjusted returns (higher = better)
Max Drawdown Worst peak-to-trough drop

Depletion risk guidelines:

  • 0-5% = Very safe
  • 5-10% = Acceptable
  • 10%+ = Consider reducing withdrawal rate

Advanced Options
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Fat-Tail Mode: Models extreme events (crashes and booms) more realistically using Student’s t-distribution instead of normal distribution. Recommended for conservative planning.

Dynamic Spending Bounds: Adjust floor (-2.5% default) and ceiling (+5% default) to control withdrawal variability.


Privacy & Accuracy
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All calculations run in your browser. No data is collected or stored.

The simulator uses monthly-level precision, Cholesky decomposition for correlated returns, geometric mean returns, and annual rebalancing—matching professional-grade Monte Carlo methodology.


Ready to dive deeper? Our Complete Guide to Monte Carlo Retirement Planning explains sequence of returns risk, the 4% rule limitations, and how to build safety margins into your plan.

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