Can I retire at age 67 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$218,835$216,885$214,983$213,127$211,315$208,674
2 years$108,334$106,316$104,361$102,465$100,626$97,969
3 years$71,505$69,479$67,528$65,650$63,841$61,250
4 years$53,094$51,074$49,143$47,297$45,532$43,027
5 years$42,051$40,043$38,137$36,329$34,613$32,201
6 years$34,691$32,698$30,821$29,053$27,388$25,073
7 years$29,436$27,460$25,612$23,886$22,274$20,056
8 years$25,496$23,538$21,721$20,037$18,478$16,357
9 years$22,434$20,494$18,708$17,067$15,561$13,536
10 years$19,985$18,065$16,310$14,712$13,259$11,329
11 years$17,983$16,082$14,359$12,804$11,403$9,566
12 years$16,316$14,434$12,744$11,231$9,882$8,135
13 years$14,907$13,044$11,386$9,915$8,617$6,959
14 years$13,699$11,857$10,230$8,801$7,554$5,982
15 years$12,654$10,831$9,236$7,849$6,651$5,163
16 years$11,740$9,938$8,374$7,028$5,878$4,471
17 years$10,935$9,152$7,620$6,315$5,212$3,883
18 years$10,220$8,457$6,956$5,691$4,634$3,381
19 years$9,581$7,838$6,368$5,142$4,131$2,949
20 years$9,007$7,283$5,844$4,657$3,689$2,578
21 years$8,487$6,784$5,376$4,227$3,302$2,257
22 years$8,016$6,333$4,954$3,843$2,959$1,978
23 years$7,587$5,923$4,575$3,500$2,657$1,736
24 years$7,193$5,549$4,231$3,192$2,388$1,525
25 years$6,832$5,208$3,918$2,915$2,149$1,341
26 years$6,499$4,895$3,634$2,666$1,935$1,180
27 years$6,192$4,606$3,375$2,440$1,745$1,039
28 years$5,906$4,341$3,137$2,235$1,575$915
29 years$5,641$4,095$2,919$2,050$1,422$807
30 years$5,394$3,867$2,719$1,881$1,285$712
31 years$5,164$3,656$2,535$1,728$1,161$628
32 years$4,948$3,459$2,365$1,588$1,051$554
33 years$4,746$3,276$2,209$1,460$951$489
34 years$4,556$3,105$2,064$1,344$861$432
35 years$4,377$2,945$1,929$1,237$780$382
36 years$4,209$2,795$1,805$1,139$706$337
37 years$4,050$2,655$1,689$1,050$640$298
38 years$3,900$2,523$1,582$967$580$263
39 years$3,758$2,399$1,482$892$526$233
40 years$3,623$2,282$1,389$823$477$206
41 years$3,495$2,173$1,303$759$433$182
42 years$3,374$2,069$1,222$701$393$161
43 years$3,258$1,971$1,147$647$357$142
44 years$3,149$1,879$1,076$597$324$126
45 years$3,044$1,792$1,011$551$294$111
46 years$2,944$1,710$949$509$267$98
47 years$2,849$1,631$892$471$242$87
48 years$2,758$1,557$838$435$220$77
49 years$2,671$1,487$788$402$200$68
50 years$2,587$1,421$740$371$182$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $2,650,000, adding $4,642 every year, while hoping to spend $57,540 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: 48/43/9 Blend
66$2,650,000$2,650,000$2,650,000$2,650,000
67$2,925,088$2,784,638$2,743,563$3,058,164
68$3,162,225$2,859,863$2,774,250$3,225,208
69$3,421,621$2,936,846$2,804,037$3,400,054
70$3,705,487$3,015,612$2,832,833$3,588,560
71$4,016,255$3,096,185$2,860,541$3,792,016
72$4,356,605$3,178,590$2,887,061$4,011,839
73$4,729,487$3,262,849$2,912,286$4,249,591
74$5,138,151$3,348,985$2,936,104$4,506,991
75$5,586,176$3,437,019$2,958,397$4,785,931
76$6,077,503$3,526,970$2,979,041$5,088,493
77$6,616,475$3,618,858$2,997,904$5,416,971
78$7,207,872$3,712,698$3,014,851$5,773,887
79$7,856,961$3,808,507$3,029,735$6,162,023
80$8,569,545$3,906,298$3,042,405$6,584,438
81$9,352,015$4,006,083$3,052,702$7,044,506
82$10,211,411$4,107,871$3,060,458$7,545,937
83$11,155,488$4,211,670$3,065,496$8,092,823
84$12,192,790$4,317,484$3,067,632$8,689,667
85$13,332,729$4,425,315$3,066,672$9,341,430
86$14,585,674$4,535,163$3,062,413$10,053,580
87$15,963,050$4,647,023$3,054,641$10,832,136
88$17,477,442$4,760,888$3,043,132$11,683,733
89$19,142,715$4,876,746$3,027,651$12,615,679
90$20,974,148$4,994,582$3,007,953$13,636,024
91$22,988,571$5,114,377$2,983,780$14,753,639
92$25,204,530$5,236,106$2,954,861$15,978,298
93$27,642,457$5,359,740$2,920,914$17,320,771
94$30,324,865$5,485,245$2,881,642$18,792,922
95$33,276,560$5,612,580$2,836,736$20,407,826
96$36,524,872$5,741,699$2,785,869$22,179,889
97$40,099,916$5,872,550$2,728,703$24,124,985
98$44,034,874$6,005,071$2,664,881$26,260,607
99$48,366,308$6,139,196$2,594,031$28,606,029
100$53,134,504$6,274,850$2,515,764$31,182,492