Can I retire at age 67 with 441,000?

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 $441,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$36,417$36,093$35,776$35,468$35,166$34,828
2 years$18,028$17,693$17,367$17,052$16,746$16,405
3 years$11,900$11,562$11,238$10,925$10,624$10,291
4 years$8,836$8,500$8,178$7,871$7,577$7,255
5 years$6,998$6,664$6,347$6,046$5,760$5,450
6 years$5,773$5,441$5,129$4,835$4,558$4,259
7 years$4,899$4,570$4,262$3,975$3,707$3,420
8 years$4,243$3,917$3,615$3,334$3,075$2,801
9 years$3,733$3,411$3,113$2,840$2,590$2,327
10 years$3,326$3,006$2,714$2,448$2,207$1,956
11 years$2,993$2,676$2,390$2,131$1,898$1,659
12 years$2,715$2,402$2,121$1,869$1,644$1,417
13 years$2,481$2,171$1,895$1,650$1,434$1,218
14 years$2,280$1,973$1,702$1,465$1,257$1,052
15 years$2,106$1,803$1,537$1,306$1,107$912
16 years$1,954$1,654$1,394$1,170$978$794
17 years$1,820$1,523$1,268$1,051$867$693
18 years$1,701$1,407$1,158$947$771$606
19 years$1,594$1,304$1,060$856$687$531
20 years$1,499$1,212$973$775$614$467
21 years$1,412$1,129$895$703$549$411
22 years$1,334$1,054$824$640$493$362
23 years$1,263$986$761$582$442$319
24 years$1,197$924$704$531$397$282
25 years$1,137$867$652$485$358$249
26 years$1,082$815$605$444$322$221
27 years$1,030$767$562$406$290$195
28 years$983$722$522$372$262$173
29 years$939$681$486$341$237$153
30 years$898$644$453$313$214$136
31 years$859$608$422$288$193$121
32 years$823$576$394$264$175$107
33 years$790$545$368$243$158$95
34 years$758$517$343$224$143$85
35 years$728$490$321$206$130$75
36 years$700$465$300$190$118$67
37 years$674$442$281$175$107$59
38 years$649$420$263$161$97$53
39 years$625$399$247$148$88$47
40 years$603$380$231$137$79$42
41 years$582$362$217$126$72$37
42 years$561$344$203$117$65$33
43 years$542$328$191$108$59$29
44 years$524$313$179$99$54$26
45 years$507$298$168$92$49$23
46 years$490$284$158$85$44$21
47 years$474$271$148$78$40$18
48 years$459$259$139$72$37$16
49 years$444$247$131$67$33$15
50 years$431$236$123$62$30$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $441,000, adding $5,622 every year, while hoping to spend $26,236 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: 62/12/26 Blend
66$441,000$441,000$441,000$441,000
67$491,781$468,408$461,573$518,546
68$514,028$463,445$449,120$532,399
69$537,664$457,360$435,372$544,156
70$562,805$450,069$420,255$556,424
71$589,574$441,486$403,697$569,257
72$618,109$431,517$385,619$582,715
73$648,559$420,064$365,940$596,868
74$681,088$407,023$344,575$611,790
75$715,875$392,283$321,435$627,567
76$753,119$375,729$296,427$644,295
77$793,034$357,237$269,454$662,079
78$835,858$336,677$240,416$681,037
79$881,851$313,910$209,206$701,303
80$931,299$288,790$175,713$723,022
81$984,515$261,164$139,822$746,358
82$1,041,842$230,868$101,414$771,495
83$1,103,660$197,730$60,361$798,634
84$1,170,383$161,569$16,532$828,002
85$1,242,467$122,191$0$859,848
86$1,320,414$79,394$0$902,842
87$1,404,775$32,963$0$954,343
88$1,496,156$0$0$1,010,144
89$1,595,223$0$0$1,072,960
90$1,702,707$0$0$1,145,864
91$1,819,416$0$0$1,225,053
92$1,946,234$0$0$1,311,131
93$2,084,137$0$0$1,404,766
94$2,234,196$0$0$1,506,688
95$2,397,592$0$0$1,617,703
96$2,575,623$0$0$1,738,697
97$2,769,718$0$0$1,870,646
98$2,981,449$0$0$2,014,625
99$3,212,547$0$0$2,171,814
100$3,464,917$0$0$2,343,515