Can I retire at age 67 with 262,000?

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 $262,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$21,636$21,443$21,255$21,071$20,892$20,665
2 years$10,711$10,511$10,318$10,131$9,949$9,720
3 years$7,070$6,869$6,676$6,491$6,312$6,089
4 years$5,249$5,050$4,859$4,676$4,502$4,286
5 years$4,157$3,959$3,771$3,592$3,422$3,214
6 years$3,430$3,233$3,047$2,872$2,708$2,508
7 years$2,910$2,715$2,532$2,362$2,202$2,011
8 years$2,521$2,327$2,148$1,981$1,827$1,644
9 years$2,218$2,026$1,850$1,687$1,539$1,363
10 years$1,976$1,786$1,613$1,455$1,311$1,144
11 years$1,778$1,590$1,420$1,266$1,127$968
12 years$1,613$1,427$1,260$1,110$977$826
13 years$1,474$1,290$1,126$980$852$708
14 years$1,354$1,172$1,011$870$747$610
15 years$1,251$1,071$913$776$658$528
16 years$1,161$983$828$695$581$459
17 years$1,081$905$753$624$515$399
18 years$1,010$836$688$563$458$349
19 years$947$775$630$508$408$305
20 years$890$720$578$460$365$267
21 years$839$671$531$418$326$235
22 years$793$626$490$380$293$206
23 years$750$586$452$346$263$182
24 years$711$549$418$316$236$160
25 years$675$515$387$288$212$141
26 years$643$484$359$264$191$125
27 years$612$455$334$241$173$110
28 years$584$429$310$221$156$97
29 years$558$405$289$203$141$86
30 years$533$382$269$186$127$76
31 years$511$361$251$171$115$67
32 years$489$342$234$157$104$60
33 years$469$324$218$144$94$53
34 years$450$307$204$133$85$47
35 years$433$291$191$122$77$42
36 years$416$276$178$113$70$37
37 years$400$262$167$104$63$33
38 years$386$249$156$96$57$29
39 years$372$237$147$88$52$26
40 years$358$226$137$81$47$23
41 years$346$215$129$75$43$20
42 years$334$205$121$69$39$18
43 years$322$195$113$64$35$16
44 years$311$186$106$59$32$14
45 years$301$177$100$55$29$13
46 years$291$169$94$50$26$11
47 years$282$161$88$47$24$10
48 years$273$154$83$43$22$9
49 years$264$147$78$40$20$8
50 years$256$140$73$37$18$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $262,000, adding $3,003 every year, while hoping to spend $22,187 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: 77/10/13 Blend
66$262,000$262,000$262,000$262,000
67$291,822$277,936$273,875$313,302
68$297,981$267,948$259,443$317,886
69$304,024$256,727$243,784$319,799
70$309,917$244,189$226,833$321,274
71$315,620$230,245$208,523$322,260
72$321,089$214,803$188,784$322,700
73$326,273$197,761$167,541$322,531
74$331,118$179,017$144,719$321,686
75$335,561$158,458$120,237$320,089
76$339,534$135,968$94,010$317,658
77$342,959$111,423$65,952$314,303
78$345,750$84,692$35,970$309,926
79$347,812$55,637$3,971$304,417
80$349,038$24,113$0$297,659
81$349,311$0$0$293,706
82$348,498$0$0$290,195
83$346,455$0$0$288,287
84$343,019$0$0$285,192
85$338,011$0$0$280,758
86$331,232$0$0$274,815
87$322,463$0$0$267,177
88$311,458$0$0$257,636
89$297,949$0$0$245,963
90$281,635$0$0$231,904
91$262,186$0$0$215,178
92$239,235$0$0$195,474
93$212,378$0$0$172,448
94$181,168$0$0$145,720
95$145,108$0$0$114,869
96$103,652$0$0$79,432
97$56,195$0$0$38,895
98$2,070$0$0$0
99$0$0$0$0
100$0$0$0$0