Can I retire at age 67 with 2,690,000?

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 $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$222,138$220,159$218,229$216,344$214,504$207,804
2 years$109,969$107,921$105,936$104,012$102,145$95,454
3 years$72,585$70,528$68,548$66,641$64,805$58,334
4 years$53,896$51,845$49,885$48,011$46,219$40,017
5 years$42,686$40,647$38,713$36,877$35,135$29,219
6 years$35,215$33,192$31,286$29,491$27,801$22,176
7 years$29,880$27,874$25,999$24,246$22,610$17,275
8 years$25,881$23,893$22,049$20,340$18,757$13,709
9 years$22,773$20,803$18,991$17,325$15,796$11,029
10 years$20,287$18,337$16,557$14,934$13,459$8,966
11 years$18,255$16,325$14,576$12,997$11,575$7,348
12 years$16,562$14,652$12,936$11,400$10,031$6,061
13 years$15,132$13,241$11,557$10,065$8,747$5,025
14 years$13,906$12,036$10,384$8,934$7,668$4,184
15 years$12,845$10,995$9,376$7,968$6,751$3,495
16 years$11,918$10,088$8,500$7,134$5,967$2,927
17 years$11,100$9,290$7,735$6,410$5,291$2,458
18 years$10,374$8,585$7,061$5,777$4,704$2,067
19 years$9,726$7,956$6,464$5,220$4,193$1,742
20 years$9,142$7,393$5,932$4,728$3,745$1,469
21 years$8,616$6,887$5,457$4,291$3,352$1,241
22 years$8,137$6,428$5,029$3,901$3,004$1,049
23 years$7,701$6,012$4,644$3,553$2,697$887
24 years$7,302$5,633$4,295$3,240$2,424$751
25 years$6,935$5,286$3,978$2,959$2,181$636
26 years$6,597$4,968$3,689$2,706$1,965$539
27 years$6,285$4,676$3,426$2,477$1,771$457
28 years$5,995$4,406$3,185$2,269$1,598$388
29 years$5,726$4,157$2,963$2,081$1,443$329
30 years$5,476$3,925$2,760$1,910$1,304$279
31 years$5,242$3,711$2,573$1,754$1,179$237
32 years$5,023$3,511$2,401$1,612$1,066$201
33 years$4,817$3,325$2,242$1,482$965$171
34 years$4,625$3,152$2,095$1,364$874$145
35 years$4,443$2,989$1,958$1,256$791$123
36 years$4,272$2,837$1,832$1,156$717$104
37 years$4,111$2,695$1,715$1,065$650$89
38 years$3,959$2,561$1,606$982$589$75
39 years$3,814$2,435$1,504$905$534$64
40 years$3,678$2,317$1,410$835$485$54
41 years$3,548$2,205$1,322$771$440$46
42 years$3,425$2,100$1,240$711$399$39
43 years$3,308$2,001$1,164$656$362$33
44 years$3,196$1,908$1,092$606$329$28
45 years$3,090$1,819$1,026$560$298$24
46 years$2,989$1,735$963$517$271$20
47 years$2,892$1,656$905$478$246$17
48 years$2,799$1,581$851$441$223$15
49 years$2,711$1,510$799$408$203$13
50 years$2,626$1,442$752$377$184$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $2,690,000, adding $5,717 every year, while hoping to spend $58,373 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: 55/27/18 Blend
66$2,690,000$2,690,000$2,690,000$2,690,000
67$2,970,277$2,827,707$2,786,012$3,119,014
68$3,211,137$2,904,156$2,817,235$3,297,585
69$3,474,608$2,982,395$2,847,548$3,485,221
70$3,762,935$3,062,450$2,876,858$3,688,254
71$4,078,590$3,144,345$2,905,068$3,908,173
72$4,424,295$3,228,106$2,932,076$4,146,614
73$4,803,046$3,313,757$2,957,774$4,405,382
74$5,218,146$3,401,320$2,982,048$4,686,462
75$5,673,229$3,490,817$3,004,779$4,992,043
76$6,172,300$3,582,269$3,025,841$5,324,533
77$6,719,769$3,675,694$3,045,101$5,686,586
78$7,320,493$3,771,111$3,062,420$6,081,127
79$7,979,824$3,868,536$3,077,651$6,511,375
80$8,703,654$3,967,982$3,090,641$6,980,879
81$9,498,476$4,069,463$3,101,227$7,493,547
82$10,371,443$4,172,989$3,109,240$8,053,684
83$11,330,432$4,278,567$3,114,501$8,666,037
84$12,384,122$4,386,203$3,116,823$9,335,831
85$13,542,076$4,495,900$3,116,010$10,068,827
86$14,814,826$4,607,657$3,111,854$10,871,370
87$16,213,977$4,721,472$3,104,141$11,750,455
88$17,752,315$4,837,336$3,092,642$12,713,784
89$19,443,926$4,955,240$3,077,120$13,769,850
90$21,304,328$5,075,169$3,057,325$14,928,008
91$23,350,621$5,197,104$3,032,997$16,198,568
92$25,601,644$5,321,021$3,003,862$17,592,890
93$28,078,152$5,446,892$2,969,632$19,123,495
94$30,803,016$5,574,682$2,930,007$20,804,177
95$33,801,434$5,704,352$2,884,673$22,650,142
96$37,101,171$5,835,856$2,833,300$24,678,142
97$40,732,819$5,969,141$2,775,544$26,906,641
98$44,730,086$6,104,149$2,711,044$29,355,986
99$49,130,113$6,240,810$2,639,422$32,048,600
100$53,973,827$6,379,052$2,560,285$35,009,192