Can I retire at age 67 with 467,000?

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 $467,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$38,564$38,221$37,886$37,559$37,239$36,958
2 years$19,091$18,736$18,391$18,057$17,733$17,450
3 years$12,601$12,244$11,900$11,569$11,251$10,974
4 years$9,357$9,001$8,660$8,335$8,024$7,756
5 years$7,410$7,057$6,721$6,402$6,100$5,841
6 years$6,113$5,762$5,431$5,120$4,826$4,577
7 years$5,187$4,839$4,514$4,209$3,925$3,686
8 years$4,493$4,148$3,828$3,531$3,256$3,027
9 years$3,953$3,612$3,297$3,008$2,742$2,523
10 years$3,522$3,183$2,874$2,593$2,337$2,126
11 years$3,169$2,834$2,531$2,256$2,010$1,809
12 years$2,875$2,544$2,246$1,979$1,741$1,550
13 years$2,627$2,299$2,006$1,747$1,519$1,336
14 years$2,414$2,089$1,803$1,551$1,331$1,158
15 years$2,230$1,909$1,628$1,383$1,172$1,007
16 years$2,069$1,751$1,476$1,239$1,036$880
17 years$1,927$1,613$1,343$1,113$918$770
18 years$1,801$1,490$1,226$1,003$817$676
19 years$1,688$1,381$1,122$906$728$595
20 years$1,587$1,284$1,030$821$650$525
21 years$1,496$1,196$947$745$582$464
22 years$1,413$1,116$873$677$522$410
23 years$1,337$1,044$806$617$468$363
24 years$1,268$978$746$563$421$322
25 years$1,204$918$691$514$379$286
26 years$1,145$863$640$470$341$254
27 years$1,091$812$595$430$308$226
28 years$1,041$765$553$394$277$201
29 years$994$722$514$361$251$179
30 years$951$681$479$332$226$159
31 years$910$644$447$304$205$142
32 years$872$610$417$280$185$126
33 years$836$577$389$257$168$113
34 years$803$547$364$237$152$101
35 years$771$519$340$218$137$90
36 years$742$493$318$201$124$80
37 years$714$468$298$185$113$72
38 years$687$445$279$170$102$64
39 years$662$423$261$157$93$57
40 years$638$402$245$145$84$51
41 years$616$383$230$134$76$45
42 years$595$365$215$123$69$41
43 years$574$347$202$114$63$36
44 years$555$331$190$105$57$32
45 years$536$316$178$97$52$29
46 years$519$301$167$90$47$26
47 years$502$287$157$83$43$23
48 years$486$274$148$77$39$21
49 years$471$262$139$71$35$19
50 years$456$250$130$65$32$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $467,000, adding $5,616 every year, while hoping to spend $21,831 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: 26/45/29 Blend
66$467,000$467,000$467,000$467,000
67$520,427$495,676$488,437$529,151
68$550,282$496,736$481,572$537,839
69$582,452$497,116$473,745$544,933
70$617,147$496,761$464,901$552,099
71$654,603$495,609$454,982$559,360
72$695,077$493,598$443,928$566,741
73$738,850$490,660$431,676$574,272
74$786,234$486,724$418,158$581,989
75$837,570$481,713$403,306$589,932
76$893,233$475,548$387,048$598,151
77$953,636$468,143$369,307$606,699
78$1,019,233$459,408$350,005$615,642
79$1,090,523$449,247$329,058$625,052
80$1,168,055$437,559$306,381$635,012
81$1,252,434$424,237$281,882$645,619
82$1,344,325$409,167$255,467$656,980
83$1,444,459$392,229$227,038$669,221
84$1,553,642$373,296$196,492$682,479
85$1,672,759$352,233$163,720$696,914
86$1,802,787$328,899$128,611$712,704
87$1,944,799$303,143$91,047$730,051
88$2,099,977$274,805$50,906$749,182
89$2,269,623$243,719$8,060$770,352
90$2,455,169$209,706$0$793,848
91$2,658,194$172,578$0$831,647
92$2,880,433$132,139$0$875,873
93$3,123,801$88,177$0$924,479
94$3,390,404$40,473$0$977,963
95$3,682,561$0$0$1,036,881
96$4,002,828$0$0$1,107,396
97$4,354,019$0$0$1,206,775
98$4,739,233$0$0$1,315,863
99$5,161,883$0$0$1,435,637
100$5,625,729$0$0$1,567,173