Can I retire at age 67 with 2,610,000?

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$215,531$213,612$211,738$209,910$208,125$203,341
2 years$106,699$104,712$102,786$100,918$99,107$94,314
3 years$70,426$68,430$66,509$64,659$62,878$58,225
4 years$52,293$50,303$48,402$46,583$44,845$40,368
5 years$41,416$39,438$37,562$35,781$34,090$29,803
6 years$34,167$32,204$30,355$28,614$26,975$22,880
7 years$28,992$27,045$25,225$23,525$21,938$18,037
8 years$25,112$23,183$21,393$19,735$18,199$14,491
9 years$22,095$20,185$18,426$16,810$15,326$11,807
10 years$19,684$17,792$16,064$14,490$13,059$9,726
11 years$17,712$15,839$14,143$12,611$11,231$8,079
12 years$16,070$14,216$12,551$11,061$9,733$6,756
13 years$14,682$12,847$11,214$9,765$8,487$5,681
14 years$13,493$11,678$10,076$8,669$7,440$4,799
15 years$12,463$10,668$9,097$7,731$6,550$4,068
16 years$11,563$9,788$8,248$6,922$5,789$3,459
17 years$10,770$9,014$7,505$6,220$5,133$2,949
18 years$10,066$8,329$6,851$5,605$4,564$2,519
19 years$9,436$7,720$6,272$5,065$4,068$2,156
20 years$8,871$7,173$5,756$4,587$3,634$1,848
21 years$8,359$6,682$5,294$4,163$3,252$1,586
22 years$7,895$6,237$4,880$3,785$2,915$1,363
23 years$7,472$5,834$4,505$3,447$2,617$1,172
24 years$7,085$5,466$4,167$3,144$2,352$1,009
25 years$6,729$5,129$3,859$2,871$2,116$869
26 years$6,401$4,821$3,579$2,625$1,906$749
27 years$6,098$4,537$3,324$2,403$1,719$646
28 years$5,817$4,275$3,090$2,202$1,551$557
29 years$5,556$4,033$2,875$2,019$1,400$481
30 years$5,313$3,809$2,678$1,853$1,265$415
31 years$5,086$3,600$2,497$1,702$1,144$359
32 years$4,873$3,407$2,330$1,564$1,035$310
33 years$4,674$3,226$2,175$1,438$936$268
34 years$4,487$3,058$2,032$1,323$848$231
35 years$4,311$2,900$1,900$1,218$768$200
36 years$4,145$2,753$1,778$1,122$696$173
37 years$3,989$2,615$1,664$1,034$631$149
38 years$3,841$2,485$1,558$953$572$129
39 years$3,701$2,363$1,460$879$518$112
40 years$3,568$2,248$1,368$810$470$96
41 years$3,442$2,140$1,283$748$427$83
42 years$3,323$2,038$1,203$690$387$72
43 years$3,209$1,942$1,129$637$351$62
44 years$3,101$1,851$1,060$588$319$54
45 years$2,998$1,765$995$543$290$47
46 years$2,900$1,684$935$502$263$40
47 years$2,806$1,607$878$463$239$35
48 years$2,716$1,534$825$428$217$30
49 years$2,630$1,465$776$396$197$26
50 years$2,548$1,399$729$366$179$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $2,610,000, adding $4,147 every year, while hoping to spend $31,551 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: 47/36/17 Blend
66$2,610,000$2,610,000$2,610,000$2,610,000
67$2,880,498$2,742,168$2,701,713$3,001,850
68$3,140,738$2,842,964$2,758,650$3,187,405
69$3,426,466$2,947,642$2,816,437$3,385,153
70$3,740,248$3,056,358$2,875,070$3,599,108
71$4,084,909$3,169,276$2,934,541$3,830,794
72$4,463,566$3,286,567$2,994,844$4,081,886
73$4,879,649$3,408,407$3,055,971$4,354,229
74$5,336,937$3,534,983$3,117,910$4,649,848
75$5,839,595$3,666,488$3,180,650$4,970,970
76$6,392,210$3,803,122$3,244,178$5,320,045
77$6,999,837$3,945,097$3,308,480$5,699,768
78$7,668,044$4,092,630$3,373,537$6,113,104
79$8,402,966$4,245,950$3,439,332$6,563,312
80$9,211,362$4,405,295$3,505,844$7,053,980
81$10,100,681$4,570,915$3,573,049$7,589,055
82$11,079,128$4,743,067$3,640,923$8,172,881
83$12,155,744$4,922,022$3,709,439$8,810,238
84$13,340,490$5,108,062$3,778,566$9,506,387
85$14,644,344$5,301,481$3,848,272$10,267,119
86$16,079,400$5,502,586$3,918,522$11,098,807
87$17,658,983$5,711,697$3,989,277$12,008,468
88$19,397,778$5,929,148$4,060,496$13,003,827
89$21,311,963$6,155,289$4,132,134$14,093,386
90$23,419,367$6,390,482$4,204,145$15,286,509
91$25,739,634$6,635,107$4,276,475$16,593,506
92$28,294,410$6,889,560$4,349,071$18,025,727
93$31,107,548$7,154,257$4,421,872$19,595,673
94$34,205,329$7,429,627$4,494,816$21,317,108
95$37,616,716$7,716,121$4,567,836$23,205,191
96$41,373,621$8,014,211$4,640,858$25,276,617
97$45,511,210$8,324,388$4,713,807$27,549,772
98$50,068,234$8,647,163$4,786,600$30,044,904
99$55,087,393$8,983,073$4,859,150$32,784,319
100$60,615,741$9,332,678$4,931,365$35,792,581