Can I retire at age 67 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$338,574$335,558$332,616$329,744$326,940$315,340
2 years$167,611$164,489$161,464$158,531$155,686$144,122
3 years$110,631$107,496$104,478$101,572$98,773$87,610
4 years$82,146$79,021$76,033$73,177$70,446$59,768
5 years$65,060$61,953$59,005$56,207$53,552$43,388
6 years$53,673$50,589$47,685$44,949$42,374$32,731
7 years$45,542$42,485$39,626$36,955$34,461$25,338
8 years$39,447$36,417$33,606$31,001$28,589$19,977
9 years$34,709$31,708$28,945$26,406$24,076$15,964
10 years$30,921$27,949$25,235$22,762$20,514$12,889
11 years$27,823$24,881$22,216$19,810$17,643$10,488
12 years$25,244$22,332$19,716$17,376$15,289$8,588
13 years$23,063$20,182$17,615$15,340$13,332$7,067
14 years$21,195$18,345$15,827$13,617$11,687$5,838
15 years$19,578$16,758$14,290$12,144$10,290$4,839
16 years$18,165$15,375$12,956$10,874$9,094$4,021
17 years$16,918$14,160$11,790$9,770$8,064$3,349
18 years$15,812$13,085$10,762$8,805$7,170$2,794
19 years$14,823$12,127$9,852$7,956$6,391$2,335
20 years$13,935$11,269$9,042$7,206$5,708$1,953
21 years$13,132$10,496$8,317$6,540$5,108$1,635
22 years$12,402$9,798$7,665$5,946$4,579$1,371
23 years$11,738$9,164$7,078$5,415$4,110$1,149
24 years$11,129$8,586$6,546$4,939$3,694$965
25 years$10,570$8,057$6,062$4,510$3,324$810
26 years$10,055$7,573$5,623$4,124$2,994$680
27 years$9,579$7,127$5,221$3,775$2,700$572
28 years$9,138$6,716$4,854$3,459$2,436$480
29 years$8,728$6,335$4,517$3,172$2,200$404
30 years$8,346$5,983$4,207$2,911$1,988$340
31 years$7,989$5,656$3,922$2,673$1,797$286
32 years$7,655$5,352$3,660$2,457$1,625$240
33 years$7,342$5,068$3,417$2,259$1,471$202
34 years$7,049$4,803$3,193$2,079$1,332$170
35 years$6,772$4,556$2,985$1,914$1,206$143
36 years$6,512$4,324$2,792$1,762$1,093$120
37 years$6,266$4,107$2,614$1,624$991$101
38 years$6,034$3,903$2,447$1,497$898$85
39 years$5,814$3,712$2,293$1,380$814$72
40 years$5,605$3,531$2,149$1,273$739$60
41 years$5,408$3,361$2,015$1,174$670$51
42 years$5,220$3,201$1,890$1,084$608$43
43 years$5,041$3,050$1,774$1,000$552$36
44 years$4,871$2,907$1,665$924$501$30
45 years$4,709$2,773$1,563$853$455$25
46 years$4,555$2,645$1,468$788$413$21
47 years$4,408$2,524$1,380$728$375$18
48 years$4,267$2,410$1,296$673$341$15
49 years$4,132$2,301$1,219$622$309$13
50 years$4,003$2,198$1,146$575$281$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $4,100,000, adding $3,284 every year, while hoping to spend $32,079 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: 45/25/30 Blend
66$4,100,000$4,100,000$4,100,000$4,100,000
67$4,521,587$4,304,287$4,240,737$4,685,664
68$4,948,658$4,481,066$4,348,670$4,979,832
69$5,418,214$4,665,431$4,459,144$5,295,360
70$5,934,555$4,857,721$4,572,209$5,636,974
71$6,502,420$5,058,290$4,687,918$6,007,130
72$7,127,027$5,267,506$4,806,324$6,408,532
73$7,814,127$5,485,757$4,927,478$6,844,148
74$8,570,055$5,713,446$5,051,436$7,317,243
75$9,401,793$5,950,997$5,178,252$7,831,407
76$10,317,033$6,198,853$5,307,980$8,390,588
77$11,324,249$6,457,475$5,440,676$8,999,127
78$12,432,779$6,727,349$5,576,396$9,661,798
79$13,652,914$7,008,980$5,715,196$10,383,856
80$14,995,990$7,302,899$5,857,134$11,171,078
81$16,474,500$7,609,660$6,002,267$12,029,825
82$18,102,209$7,929,843$6,150,653$12,967,090
83$19,894,285$8,264,056$6,302,350$13,990,575
84$21,867,440$8,612,933$6,457,417$15,108,751
85$24,040,091$8,977,139$6,615,913$16,330,943
86$26,432,531$9,357,369$6,777,897$17,667,417
87$29,067,121$9,754,352$6,943,428$19,129,470
88$31,968,501$10,168,849$7,112,566$20,729,540
89$35,163,822$10,601,657$7,285,372$22,481,318
90$38,683,004$11,053,610$7,461,904$24,399,880
91$42,559,016$11,525,582$7,642,223$26,501,821
92$46,828,186$12,018,487$7,826,388$28,805,418
93$51,530,549$12,533,280$8,014,460$31,330,790
94$56,710,218$13,070,964$8,206,497$34,100,096
95$62,415,806$13,632,586$8,402,560$37,137,736
96$68,700,879$14,219,244$8,602,707$40,470,580
97$75,624,468$14,832,086$8,806,997$44,128,220
98$83,251,620$15,472,315$9,015,487$48,143,247
99$91,654,015$16,141,188$9,228,236$52,551,556
100$100,910,643$16,840,024$9,445,300$57,392,679