Can I retire at age 67 with 2,090,000?

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 $2,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$172,590$171,053$169,553$168,089$166,660$163,966
2 years$85,441$83,849$82,307$80,812$79,362$76,655
3 years$56,395$54,797$53,258$51,777$50,350$47,716
4 years$41,874$40,281$38,758$37,302$35,910$33,367
5 years$33,165$31,581$30,078$28,652$27,298$24,855
6 years$27,360$25,788$24,308$22,913$21,600$19,258
7 years$23,215$21,657$20,200$18,838$17,567$15,328
8 years$20,108$18,564$17,131$15,803$14,573$12,436
9 years$17,693$16,163$14,755$13,461$12,273$10,237
10 years$15,762$14,247$12,864$11,603$10,457$8,521
11 years$14,183$12,683$11,325$10,098$8,993$7,154
12 years$12,868$11,384$10,051$8,857$7,794$6,050
13 years$11,757$10,288$8,980$7,820$6,796$5,145
14 years$10,804$9,351$8,068$6,942$5,957$4,396
15 years$9,980$8,543$7,284$6,191$5,245$3,771
16 years$9,259$7,838$6,604$5,543$4,636$3,245
17 years$8,624$7,218$6,010$4,980$4,111$2,800
18 years$8,060$6,670$5,486$4,488$3,655$2,422
19 years$7,556$6,182$5,022$4,056$3,258$2,099
20 years$7,103$5,744$4,609$3,673$2,910$1,823
21 years$6,694$5,351$4,240$3,334$2,604$1,585
22 years$6,322$4,995$3,907$3,031$2,334$1,380
23 years$5,983$4,671$3,608$2,760$2,095$1,202
24 years$5,673$4,377$3,337$2,518$1,883$1,049
25 years$5,388$4,107$3,090$2,299$1,695$916
26 years$5,126$3,860$2,866$2,102$1,526$800
27 years$4,883$3,633$2,662$1,924$1,376$699
28 years$4,658$3,423$2,474$1,763$1,242$612
29 years$4,449$3,229$2,302$1,617$1,121$535
30 years$4,254$3,050$2,145$1,484$1,013$469
31 years$4,072$2,883$1,999$1,363$916$410
32 years$3,902$2,728$1,865$1,252$829$360
33 years$3,743$2,584$1,742$1,152$750$315
34 years$3,593$2,449$1,627$1,060$679$276
35 years$3,452$2,322$1,522$975$615$242
36 years$3,319$2,204$1,423$898$557$212
37 years$3,194$2,094$1,332$828$505$186
38 years$3,076$1,990$1,248$763$458$163
39 years$2,964$1,892$1,169$703$415$143
40 years$2,857$1,800$1,096$649$377$126
41 years$2,757$1,714$1,027$599$342$110
42 years$2,661$1,632$964$552$310$97
43 years$2,570$1,555$904$510$281$85
44 years$2,483$1,482$849$471$255$74
45 years$2,401$1,413$797$435$232$65
46 years$2,322$1,348$749$402$210$57
47 years$2,247$1,287$703$371$191$50
48 years$2,175$1,228$661$343$174$44
49 years$2,106$1,173$621$317$158$39
50 years$2,041$1,120$584$293$143$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $2,090,000, adding $4,393 every year, while hoping to spend $24,695 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: 84/6/10 Blend
66$2,090,000$2,090,000$2,090,000$2,090,000
67$2,307,711$2,196,941$2,164,546$2,497,767
68$2,516,823$2,278,316$2,210,783$2,704,071
69$2,746,436$2,362,851$2,257,742$2,926,869
70$2,998,615$2,450,674$2,305,419$3,170,840
71$3,275,637$2,541,919$2,353,814$3,438,099
72$3,580,006$2,636,728$2,402,921$3,730,973
73$3,914,484$2,735,245$2,452,736$4,052,028
74$4,282,112$2,837,622$2,503,253$4,404,087
75$4,686,241$2,944,020$2,554,466$4,790,263
76$5,130,563$3,054,602$2,606,366$5,213,982
77$5,619,146$3,169,543$2,658,944$5,679,018
78$6,156,469$3,289,021$2,712,189$6,189,531
79$6,747,471$3,413,225$2,766,090$6,750,102
80$7,397,591$3,542,350$2,820,631$7,365,776
81$8,112,822$3,676,603$2,875,799$8,042,113
82$8,899,768$3,816,194$2,931,577$8,785,237
83$9,765,705$3,961,348$2,987,945$9,601,897
84$10,718,649$4,112,297$3,044,884$10,499,525
85$11,767,435$4,269,283$3,102,371$11,486,312
86$12,921,794$4,432,558$3,160,381$12,571,280
87$14,192,451$4,602,388$3,218,888$13,764,371
88$15,591,224$4,779,048$3,277,863$15,076,538
89$17,131,132$4,962,824$3,337,275$16,519,849
90$18,826,523$5,154,019$3,397,090$18,107,600
91$20,693,207$5,352,944$3,457,271$19,854,443
92$22,748,603$5,559,928$3,517,779$21,776,518
93$25,011,908$5,775,311$3,578,571$23,891,613
94$27,504,272$5,999,451$3,639,603$26,219,326
95$30,249,004$6,232,720$3,700,826$28,781,249
96$33,271,786$6,475,507$3,762,188$31,601,177
97$36,600,920$6,728,219$3,823,632$34,705,326
98$40,267,591$6,991,279$3,885,101$38,122,587
99$44,306,164$7,265,129$3,946,530$41,884,791
100$48,754,506$7,550,234$4,007,853$46,027,014