Can I retire at age 66 with 567,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $567,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$46,822$46,405$45,998$45,601$45,213$44,593
2 years$23,179$22,748$22,329$21,924$21,530$20,906
3 years$15,299$14,866$14,449$14,047$13,660$13,052
4 years$11,360$10,928$10,515$10,120$9,742$9,155
5 years$8,997$8,568$8,160$7,773$7,406$6,840
6 years$7,423$6,996$6,594$6,216$5,860$5,318
7 years$6,298$5,875$5,480$5,111$4,766$4,246
8 years$5,455$5,036$4,647$4,287$3,954$3,457
9 years$4,800$4,385$4,003$3,652$3,330$2,856
10 years$4,276$3,865$3,490$3,148$2,837$2,386
11 years$3,848$3,441$3,072$2,740$2,440$2,011
12 years$3,491$3,088$2,727$2,403$2,114$1,707
13 years$3,189$2,791$2,436$2,121$1,844$1,457
14 years$2,931$2,537$2,189$1,883$1,616$1,250
15 years$2,708$2,318$1,976$1,679$1,423$1,077
16 years$2,512$2,126$1,792$1,504$1,258$931
17 years$2,340$1,958$1,630$1,351$1,115$806
18 years$2,187$1,809$1,488$1,218$992$701
19 years$2,050$1,677$1,363$1,100$884$610
20 years$1,927$1,558$1,250$996$789$532
21 years$1,816$1,452$1,150$904$706$465
22 years$1,715$1,355$1,060$822$633$406
23 years$1,623$1,267$979$749$568$356
24 years$1,539$1,187$905$683$511$312
25 years$1,462$1,114$838$624$460$273
26 years$1,391$1,047$778$570$414$240
27 years$1,325$986$722$522$373$211
28 years$1,264$929$671$478$337$185
29 years$1,207$876$625$439$304$163
30 years$1,154$827$582$403$275$143
31 years$1,105$782$542$370$249$126
32 years$1,059$740$506$340$225$111
33 years$1,015$701$473$312$203$98
34 years$975$664$442$287$184$86
35 years$937$630$413$265$167$76
36 years$901$598$386$244$151$67
37 years$867$568$361$225$137$59
38 years$834$540$338$207$124$52
39 years$804$513$317$191$113$46
40 years$775$488$297$176$102$40
41 years$748$465$279$162$93$36
42 years$722$443$261$150$84$31
43 years$697$422$245$138$76$28
44 years$674$402$230$128$69$24
45 years$651$383$216$118$63$22
46 years$630$366$203$109$57$19
47 years$610$349$191$101$52$17
48 years$590$333$179$93$47$15
49 years$571$318$169$86$43$13
50 years$554$304$158$79$39$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 66 starting with $567,000, adding $3,706 every year, while hoping to spend $27,428 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: 43/30/27 Blend
65$567,000$567,000$567,000$567,000
66$628,657$598,606$589,817$650,604
67$663,597$598,754$580,393$666,808
68$701,181$597,991$569,734$681,466
69$741,651$596,242$557,769$696,818
70$785,270$593,429$544,426$712,945
71$832,330$589,469$529,626$729,937
72$883,150$584,275$513,290$747,895
73$938,079$577,752$495,334$766,934
74$997,504$569,803$475,668$787,178
75$1,061,848$560,322$454,202$808,772
76$1,131,577$549,198$430,838$831,873
77$1,207,203$536,314$405,477$856,660
78$1,289,290$521,546$378,012$883,331
79$1,378,456$504,760$348,334$912,107
80$1,475,384$485,818$316,328$943,235
81$1,580,822$464,573$281,874$976,991
82$1,695,596$440,867$244,847$1,013,681
83$1,820,613$414,536$205,116$1,053,647
84$1,956,872$385,405$162,544$1,097,270
85$2,105,472$353,288$116,988$1,144,972
86$2,267,623$317,992$68,300$1,197,223
87$2,444,656$279,309$16,323$1,254,547
88$2,638,037$237,021$0$1,317,523
89$2,849,379$190,898$0$1,398,074
90$3,080,460$140,696$0$1,491,391
91$3,333,235$86,158$0$1,593,612
92$3,609,858$27,013$0$1,705,670
93$3,912,700$0$0$1,828,599
94$4,244,374$0$0$1,975,765
95$4,607,754$0$0$2,146,839
96$5,006,008$0$0$2,334,404
97$5,442,625$0$0$2,540,110
98$5,921,445$0$0$2,765,777
99$6,446,702$0$0$3,013,410
100$7,023,054$0$0$3,285,216