Can I retire at age 67 with 410,000?

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 $410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$33,857$33,556$33,262$32,974$32,694$31,956
2 years$16,761$16,449$16,146$15,853$15,569$14,829
3 years$11,063$10,750$10,448$10,157$9,877$9,159
4 years$8,215$7,902$7,603$7,318$7,045$6,353
5 years$6,506$6,195$5,900$5,621$5,355$4,693
6 years$5,367$5,059$4,768$4,495$4,237$3,605
7 years$4,554$4,248$3,963$3,696$3,446$2,843
8 years$3,945$3,642$3,361$3,100$2,859$2,286
9 years$3,471$3,171$2,894$2,641$2,408$1,864
10 years$3,092$2,795$2,523$2,276$2,051$1,536
11 years$2,782$2,488$2,222$1,981$1,764$1,277
12 years$2,524$2,233$1,972$1,738$1,529$1,068
13 years$2,306$2,018$1,762$1,534$1,333$899
14 years$2,120$1,834$1,583$1,362$1,169$760
15 years$1,958$1,676$1,429$1,214$1,029$645
16 years$1,816$1,538$1,296$1,087$909$549
17 years$1,692$1,416$1,179$977$806$468
18 years$1,581$1,308$1,076$880$717$400
19 years$1,482$1,213$985$796$639$343
20 years$1,393$1,127$904$721$571$294
21 years$1,313$1,050$832$654$511$252
22 years$1,240$980$767$595$458$217
23 years$1,174$916$708$542$411$187
24 years$1,113$859$655$494$369$161
25 years$1,057$806$606$451$332$139
26 years$1,006$757$562$412$299$120
27 years$958$713$522$377$270$103
28 years$914$672$485$346$244$89
29 years$873$634$452$317$220$77
30 years$835$598$421$291$199$67
31 years$799$566$392$267$180$58
32 years$766$535$366$246$163$50
33 years$734$507$342$226$147$43
34 years$705$480$319$208$133$37
35 years$677$456$298$191$121$32
36 years$651$432$279$176$109$28
37 years$627$411$261$162$99$24
38 years$603$390$245$150$90$21
39 years$581$371$229$138$81$18
40 years$561$353$215$127$74$16
41 years$541$336$202$117$67$13
42 years$522$320$189$108$61$12
43 years$504$305$177$100$55$10
44 years$487$291$167$92$50$9
45 years$471$277$156$85$45$8
46 years$455$264$147$79$41$7
47 years$441$252$138$73$37$6
48 years$427$241$130$67$34$5
49 years$413$230$122$62$31$4
50 years$400$220$115$57$28$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $410,000, adding $5,551 every year, while hoping to spend $32,652 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: 57/38/5 Blend
66$410,000$410,000$410,000$410,000
67$457,546$435,816$429,461$482,871
68$469,474$422,429$409,106$487,150
69$481,525$407,293$386,976$487,628
70$493,675$390,285$362,975$487,329
71$505,901$371,280$337,005$486,182
72$518,173$350,143$308,965$484,110
73$530,458$326,731$278,746$481,029
74$542,717$300,894$246,237$476,851
75$554,910$272,472$211,321$471,479
76$566,986$241,299$173,875$464,810
77$578,891$207,195$133,773$456,731
78$590,564$169,973$90,880$447,123
79$601,935$129,436$45,058$435,856
80$612,926$85,373$0$422,790
81$623,451$37,562$0$407,979
82$633,412$0$0$393,635
83$642,700$0$0$383,134
84$651,192$0$0$387,820
85$658,753$0$0$391,901
86$665,231$0$0$395,281
87$670,457$0$0$397,852
88$674,244$0$0$399,497
89$676,382$0$0$400,083
90$676,639$0$0$399,464
91$674,757$0$0$397,477
92$670,449$0$0$393,941
93$663,399$0$0$388,656
94$653,254$0$0$381,399
95$639,622$0$0$371,925
96$622,072$0$0$359,961
97$600,123$0$0$345,205
98$573,246$0$0$327,322
99$540,853$0$0$305,942
100$502,293$0$0$280,657