Can I retire at age 67 with 4,300,000?

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 $4,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$355,090$351,927$348,841$345,829$342,888$335,828
2 years$175,787$172,513$169,340$166,264$163,280$156,199
3 years$116,027$112,739$109,574$106,527$103,592$96,711
4 years$86,153$82,875$79,742$76,747$73,882$67,255
5 years$68,234$64,975$61,883$58,949$56,164$49,808
6 years$56,291$53,057$50,011$47,142$44,441$38,364
7 years$47,764$44,557$41,559$38,758$36,142$30,346
8 years$41,371$38,194$35,245$32,513$29,984$24,465
9 years$36,402$33,255$30,357$27,694$25,250$20,007
10 years$32,429$29,312$26,466$23,872$21,515$16,540
11 years$29,181$26,095$23,300$20,776$18,503$13,792
12 years$26,475$23,422$20,678$18,223$16,035$11,580
13 years$24,188$21,166$18,475$16,089$13,982$9,776
14 years$22,229$19,239$16,600$14,282$12,257$8,291
15 years$20,533$17,576$14,987$12,737$10,792$7,058
16 years$19,051$16,125$13,588$11,404$9,538$6,027
17 years$17,744$14,851$12,365$10,247$8,457$5,161
18 years$16,583$13,723$11,287$9,234$7,520$4,428
19 years$15,546$12,718$10,333$8,344$6,702$3,807
20 years$14,614$11,818$9,483$7,557$5,987$3,278
21 years$13,772$11,008$8,723$6,859$5,357$2,827
22 years$13,007$10,276$8,039$6,236$4,802$2,440
23 years$12,310$9,611$7,423$5,679$4,311$2,108
24 years$11,672$9,005$6,865$5,180$3,875$1,823
25 years$11,086$8,450$6,358$4,731$3,487$1,578
26 years$10,546$7,942$5,897$4,325$3,141$1,367
27 years$10,047$7,474$5,476$3,959$2,831$1,184
28 years$9,584$7,043$5,090$3,627$2,555$1,027
29 years$9,154$6,644$4,737$3,326$2,307$890
30 years$8,753$6,275$4,412$3,053$2,085$772
31 years$8,379$5,932$4,114$2,804$1,885$670
32 years$8,029$5,613$3,838$2,577$1,705$582
33 years$7,701$5,315$3,584$2,369$1,543$505
34 years$7,393$5,038$3,348$2,180$1,397$439
35 years$7,103$4,778$3,130$2,007$1,265$381
36 years$6,829$4,535$2,928$1,848$1,146$331
37 years$6,572$4,307$2,741$1,703$1,039$288
38 years$6,328$4,094$2,567$1,570$942$250
39 years$6,097$3,893$2,405$1,447$854$217
40 years$5,879$3,704$2,254$1,335$775$189
41 years$5,671$3,525$2,114$1,232$703$164
42 years$5,475$3,357$1,983$1,137$638$143
43 years$5,287$3,199$1,860$1,049$579$124
44 years$5,109$3,049$1,746$969$525$108
45 years$4,939$2,908$1,640$895$477$94
46 years$4,777$2,774$1,540$826$433$81
47 years$4,623$2,647$1,447$764$393$71
48 years$4,475$2,527$1,360$706$357$62
49 years$4,334$2,413$1,278$652$324$54
50 years$4,198$2,305$1,202$603$295$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $4,300,000, adding $5,564 every year, while hoping to spend $38,115 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: 72/5/23 Blend
66$4,300,000$4,300,000$4,300,000$4,300,000
67$4,744,339$4,516,439$4,449,789$5,058,493
68$5,187,708$4,697,191$4,558,303$5,449,424
69$5,675,022$4,885,522$4,669,175$5,872,419
70$6,210,726$5,081,763$4,782,443$6,334,794
71$6,799,711$5,286,261$4,898,146$6,840,462
72$7,447,371$5,499,377$5,016,324$7,393,728
73$8,159,647$5,721,490$5,137,014$7,999,335
74$8,943,082$5,952,995$5,260,256$8,662,506
75$9,804,889$6,194,304$5,386,087$9,388,995
76$10,753,014$6,445,851$5,514,547$10,185,136
77$11,796,210$6,708,086$5,645,673$11,057,910
78$12,944,123$6,981,482$5,779,503$12,015,003
79$14,207,382$7,266,533$5,916,074$13,064,883
80$15,597,695$7,563,754$6,055,423$14,216,877
81$17,127,968$7,873,686$6,197,588$15,481,261
82$18,812,417$8,196,892$6,342,602$16,869,352
83$20,666,707$8,533,963$6,490,503$18,393,622
84$22,708,100$8,885,517$6,641,325$20,067,805
85$24,955,618$9,252,199$6,795,101$21,907,036
86$27,430,218$9,634,684$6,951,864$23,927,989
87$30,154,995$10,033,678$7,111,645$26,149,030
88$33,155,396$10,449,920$7,274,477$28,590,399
89$36,459,463$10,884,182$7,440,389$31,274,391
90$40,098,094$11,337,273$7,609,408$34,225,573
91$44,105,339$11,810,038$7,781,562$37,471,011
92$48,518,715$12,303,362$7,956,876$41,040,526
93$53,379,567$12,818,170$8,135,374$44,966,977
94$58,733,451$13,355,429$8,317,078$49,286,566
95$64,630,571$13,916,153$8,502,008$54,039,185
96$71,126,246$14,501,400$8,690,182$59,268,786
97$78,281,435$15,112,281$8,881,615$65,023,799
98$86,163,314$15,749,955$9,076,321$71,357,587
99$94,845,905$16,415,636$9,274,311$78,328,951
100$104,410,779$17,110,594$9,475,592$86,002,680