Can I retire at age 67 with 2,510,000?

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$207,273$205,427$203,626$201,868$200,151$196,110
2 years$102,611$100,700$98,848$97,052$95,310$91,256
3 years$67,728$65,808$63,961$62,182$60,469$56,529
4 years$50,289$48,376$46,547$44,799$43,127$39,331
5 years$39,829$37,927$36,122$34,410$32,784$29,144
6 years$32,858$30,971$29,192$27,518$25,941$22,460
7 years$27,881$26,009$24,259$22,624$21,097$17,775
8 years$24,149$22,295$20,574$18,979$17,502$14,339
9 years$21,249$19,411$17,720$16,166$14,739$11,733
10 years$18,930$17,110$15,449$13,935$12,559$9,706
11 years$17,033$15,232$13,601$12,127$10,801$8,099
12 years$15,454$13,672$12,070$10,637$9,360$6,804
13 years$14,119$12,355$10,784$9,391$8,162$5,748
14 years$12,976$11,230$9,690$8,337$7,155$4,878
15 years$11,986$10,259$8,748$7,435$6,300$4,156
16 years$11,120$9,413$7,932$6,657$5,568$3,551
17 years$10,357$8,669$7,217$5,981$4,937$3,043
18 years$9,680$8,010$6,589$5,390$4,389$2,613
19 years$9,075$7,424$6,032$4,871$3,912$2,248
20 years$8,531$6,899$5,535$4,411$3,495$1,937
21 years$8,039$6,426$5,092$4,003$3,127$1,672
22 years$7,593$5,998$4,693$3,640$2,803$1,444
23 years$7,186$5,610$4,333$3,315$2,516$1,249
24 years$6,813$5,256$4,007$3,024$2,262$1,081
25 years$6,471$4,933$3,711$2,761$2,035$936
26 years$6,156$4,636$3,442$2,525$1,833$811
27 years$5,864$4,363$3,196$2,311$1,653$704
28 years$5,594$4,111$2,971$2,117$1,491$611
29 years$5,343$3,878$2,765$1,942$1,347$530
30 years$5,109$3,663$2,576$1,782$1,217$460
31 years$4,891$3,463$2,401$1,637$1,100$400
32 years$4,687$3,276$2,240$1,504$995$347
33 years$4,495$3,103$2,092$1,383$901$302
34 years$4,315$2,941$1,954$1,273$815$262
35 years$4,146$2,789$1,827$1,171$738$228
36 years$3,986$2,647$1,709$1,079$669$198
37 years$3,836$2,514$1,600$994$606$172
38 years$3,694$2,390$1,498$916$550$150
39 years$3,559$2,272$1,404$845$499$130
40 years$3,432$2,162$1,316$779$452$113
41 years$3,311$2,058$1,234$719$410$99
42 years$3,196$1,960$1,157$664$372$86
43 years$3,086$1,867$1,086$612$338$75
44 years$2,982$1,780$1,019$566$307$65
45 years$2,883$1,697$957$522$278$57
46 years$2,789$1,619$899$482$253$49
47 years$2,698$1,545$845$446$230$43
48 years$2,612$1,475$794$412$208$37
49 years$2,530$1,409$746$381$189$32
50 years$2,451$1,346$701$352$172$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $2,510,000, adding $4,380 every year, while hoping to spend $51,639 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: 58/20/22 Blend
66$2,510,000$2,510,000$2,510,000$2,510,000
67$2,770,538$2,637,508$2,598,603$2,914,666
68$2,998,189$2,711,802$2,630,713$3,087,598
69$3,247,330$2,788,006$2,662,167$3,270,110
70$3,520,099$2,866,159$2,692,890$3,467,971
71$3,818,848$2,946,300$2,722,801$3,682,675
72$4,146,170$3,028,469$2,751,815$3,915,867
73$4,504,920$3,112,704$2,779,841$4,169,359
74$4,898,241$3,199,045$2,806,785$4,445,149
75$5,329,596$3,287,533$2,832,547$4,745,436
76$5,802,799$3,378,207$2,857,021$5,072,640
77$6,322,050$3,471,105$2,880,097$5,429,431
78$6,891,977$3,566,267$2,901,659$5,818,748
79$7,517,677$3,663,732$2,921,583$6,243,829
80$8,204,764$3,763,539$2,939,739$6,708,241
81$8,959,423$3,865,725$2,955,993$7,215,914
82$9,788,466$3,970,328$2,970,201$7,771,180
83$10,699,400$4,077,385$2,982,214$8,378,808
84$11,700,494$4,186,931$2,991,873$9,044,057
85$12,800,857$4,299,003$2,999,013$9,772,717
86$14,010,524$4,413,634$3,003,460$10,571,173
87$15,340,552$4,530,857$3,005,031$11,446,455
88$16,803,124$4,650,705$3,003,534$12,406,314
89$18,411,660$4,773,206$2,998,770$13,459,289
90$20,180,947$4,898,391$2,990,526$14,614,789
91$22,127,277$5,026,285$2,978,582$15,883,184
92$24,268,600$5,156,915$2,962,706$17,275,898
93$26,624,696$5,290,302$2,942,655$18,805,524
94$29,217,355$5,426,467$2,918,174$20,485,936
95$32,070,589$5,565,428$2,888,997$22,332,424
96$35,210,854$5,707,199$2,854,843$24,361,840
97$38,667,302$5,851,792$2,815,422$26,592,750
98$42,472,053$5,999,217$2,770,425$29,045,618
99$46,660,501$6,149,476$2,719,532$31,742,995
100$51,271,643$6,302,572$2,662,408$34,709,729