Can I retire at age 67 with 446,000?

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 $446,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$36,830$36,502$36,182$35,870$35,565$34,861
2 years$18,233$17,893$17,564$17,245$16,936$16,229
3 years$12,034$11,693$11,365$11,049$10,745$10,058
4 years$8,936$8,596$8,271$7,960$7,663$7,002
5 years$7,077$6,739$6,419$6,114$5,825$5,191
6 years$5,839$5,503$5,187$4,890$4,609$4,003
7 years$4,954$4,622$4,311$4,020$3,749$3,170
8 years$4,291$3,962$3,656$3,372$3,110$2,558
9 years$3,776$3,449$3,149$2,872$2,619$2,095
10 years$3,364$3,040$2,745$2,476$2,232$1,734
11 years$3,027$2,707$2,417$2,155$1,919$1,448
12 years$2,746$2,429$2,145$1,890$1,663$1,217
13 years$2,509$2,195$1,916$1,669$1,450$1,029
14 years$2,306$1,996$1,722$1,481$1,271$874
15 years$2,130$1,823$1,554$1,321$1,119$745
16 years$1,976$1,673$1,409$1,183$989$637
17 years$1,840$1,540$1,282$1,063$877$546
18 years$1,720$1,423$1,171$958$780$469
19 years$1,612$1,319$1,072$865$695$404
20 years$1,516$1,226$984$784$621$348
21 years$1,428$1,142$905$711$556$301
22 years$1,349$1,066$834$647$498$260
23 years$1,277$997$770$589$447$225
24 years$1,211$934$712$537$402$195
25 years$1,150$876$659$491$362$169
26 years$1,094$824$612$449$326$147
27 years$1,042$775$568$411$294$127
28 years$994$731$528$376$265$111
29 years$949$689$491$345$239$96
30 years$908$651$458$317$216$83
31 years$869$615$427$291$195$73
32 years$833$582$398$267$177$63
33 years$799$551$372$246$160$55
34 years$767$523$347$226$145$48
35 years$737$496$325$208$131$42
36 years$708$470$304$192$119$36
37 years$682$447$284$177$108$31
38 years$656$425$266$163$98$27
39 years$632$404$249$150$89$24
40 years$610$384$234$138$80$21
41 years$588$366$219$128$73$18
42 years$568$348$206$118$66$16
43 years$548$332$193$109$60$14
44 years$530$316$181$100$54$12
45 years$512$302$170$93$49$10
46 years$495$288$160$86$45$9
47 years$479$275$150$79$41$8
48 years$464$262$141$73$37$7
49 years$449$250$133$68$34$6
50 years$435$239$125$63$31$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $446,000, adding $5,528 every year, while hoping to spend $33,243 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: 51/37/12 Blend
66$446,000$446,000$446,000$446,000
67$497,194$473,556$466,643$520,685
68$512,538$461,390$446,905$525,184
69$528,332$447,514$425,392$526,090
70$544,588$431,808$402,009$526,316
71$561,317$414,148$376,657$525,807
72$578,529$394,399$349,233$524,505
73$596,236$372,421$319,629$522,348
74$614,448$348,065$287,733$519,271
75$633,175$321,174$253,425$515,204
76$652,428$291,581$216,584$510,072
77$672,217$259,110$177,081$503,797
78$692,552$223,575$134,782$496,297
79$713,441$184,779$89,546$487,482
80$734,894$142,515$41,228$477,259
81$756,919$96,564$0$465,529
82$779,523$46,694$0$453,509
83$802,712$0$0$445,484
84$826,493$0$0$439,061
85$850,869$0$0$451,959
86$875,844$0$0$465,169
87$901,419$0$0$478,690
88$927,595$0$0$492,521
89$954,368$0$0$506,661
90$981,736$0$0$521,106
91$1,009,691$0$0$535,852
92$1,038,223$0$0$550,892
93$1,067,320$0$0$566,218
94$1,096,966$0$0$581,820
95$1,127,141$0$0$597,686
96$1,157,819$0$0$613,800
97$1,188,971$0$0$630,145
98$1,220,562$0$0$646,700
99$1,252,550$0$0$663,441
100$1,284,887$0$0$680,339