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

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$218,835$216,885$214,983$213,127$211,315$204,469
2 years$108,334$106,316$104,361$102,465$100,626$93,793
3 years$71,505$69,479$67,528$65,650$63,841$57,236
4 years$53,094$51,074$49,143$47,297$45,532$39,205
5 years$42,051$40,043$38,137$36,329$34,613$28,580
6 years$34,691$32,698$30,821$29,053$27,388$21,655
7 years$29,436$27,460$25,612$23,886$22,274$16,840
8 years$25,496$23,538$21,721$20,037$18,478$13,340
9 years$22,434$20,494$18,708$17,067$15,561$10,713
10 years$19,985$18,065$16,310$14,712$13,259$8,693
11 years$17,983$16,082$14,359$12,804$11,403$7,111
12 years$16,316$14,434$12,744$11,231$9,882$5,853
13 years$14,907$13,044$11,386$9,915$8,617$4,843
14 years$13,699$11,857$10,230$8,801$7,554$4,024
15 years$12,654$10,831$9,236$7,849$6,651$3,354
16 years$11,740$9,938$8,374$7,028$5,878$2,803
17 years$10,935$9,152$7,620$6,315$5,212$2,348
18 years$10,220$8,457$6,956$5,691$4,634$1,971
19 years$9,581$7,838$6,368$5,142$4,131$1,657
20 years$9,007$7,283$5,844$4,657$3,689$1,394
21 years$8,487$6,784$5,376$4,227$3,302$1,175
22 years$8,016$6,333$4,954$3,843$2,959$991
23 years$7,587$5,923$4,575$3,500$2,657$836
24 years$7,193$5,549$4,231$3,192$2,388$706
25 years$6,832$5,208$3,918$2,915$2,149$597
26 years$6,499$4,895$3,634$2,666$1,935$505
27 years$6,192$4,606$3,375$2,440$1,745$427
28 years$5,906$4,341$3,137$2,235$1,575$361
29 years$5,641$4,095$2,919$2,050$1,422$305
30 years$5,394$3,867$2,719$1,881$1,285$259
31 years$5,164$3,656$2,535$1,728$1,161$219
32 years$4,948$3,459$2,365$1,588$1,051$185
33 years$4,746$3,276$2,209$1,460$951$157
34 years$4,556$3,105$2,064$1,344$861$133
35 years$4,377$2,945$1,929$1,237$780$113
36 years$4,209$2,795$1,805$1,139$706$95
37 years$4,050$2,655$1,689$1,050$640$81
38 years$3,900$2,523$1,582$967$580$68
39 years$3,758$2,399$1,482$892$526$58
40 years$3,623$2,282$1,389$823$477$49
41 years$3,495$2,173$1,303$759$433$42
42 years$3,374$2,069$1,222$701$393$35
43 years$3,258$1,971$1,147$647$357$30
44 years$3,149$1,879$1,076$597$324$25
45 years$3,044$1,792$1,011$551$294$21
46 years$2,944$1,710$949$509$267$18
47 years$2,849$1,631$892$471$242$15
48 years$2,758$1,557$838$435$220$13
49 years$2,671$1,487$788$402$200$11
50 years$2,587$1,421$740$371$182$9

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 $6,189 every year, while hoping to spend $56,124 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: 29/43/28 Blend
66$2,650,000$2,650,000$2,650,000$2,650,000
67$2,926,684$2,786,234$2,745,159$2,986,107
68$3,165,490$2,863,044$2,777,406$3,110,371
69$3,426,774$2,941,737$2,808,853$3,238,581
70$3,712,768$3,022,345$2,839,413$3,375,299
71$4,025,932$3,104,901$2,868,995$3,521,299
72$4,368,974$3,189,439$2,897,503$3,677,435
73$4,744,877$3,275,989$2,924,837$3,844,644
74$5,156,926$3,364,584$2,950,891$4,023,960
75$5,608,738$3,455,254$2,975,551$4,216,521
76$6,104,298$3,548,030$2,998,700$4,423,579
77$6,647,994$3,642,941$3,020,215$4,646,516
78$7,244,660$3,740,016$3,039,963$4,886,850
79$7,899,621$3,839,283$3,057,807$5,146,257
80$8,618,743$3,940,768$3,073,604$5,426,580
81$9,408,486$4,044,496$3,087,201$5,729,854
82$10,275,967$4,150,492$3,098,438$6,058,316
83$11,229,028$4,258,779$3,107,147$6,414,434
84$12,276,305$4,369,376$3,113,154$6,800,928
85$13,427,315$4,482,302$3,116,271$7,220,793
86$14,692,542$4,597,575$3,116,307$7,677,332
87$16,083,534$4,715,209$3,113,056$8,174,183
88$17,613,016$4,835,216$3,106,305$8,715,357
89$19,295,008$4,957,606$3,095,831$9,305,273
90$21,144,955$5,082,385$3,081,397$9,948,803
91$23,179,876$5,209,557$3,062,759$10,651,316
92$25,418,519$5,339,122$3,039,658$11,418,730
93$27,881,545$5,471,075$3,011,823$12,257,567
94$30,591,714$5,605,410$2,978,971$13,175,016
95$33,574,108$5,742,114$2,940,805$14,179,001
96$36,856,360$5,881,171$2,897,016$15,278,256
97$40,468,920$6,022,558$2,847,276$16,482,409
98$44,445,336$6,166,251$2,791,247$17,802,071
99$48,822,578$6,312,214$2,728,571$19,248,939
100$53,641,378$6,460,410$2,658,875$20,835,905