Can I retire at age 67 with 469,000?

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 $469,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$38,730$38,385$38,048$37,720$37,399$36,584
2 years$19,173$18,816$18,470$18,134$17,809$16,992
3 years$12,655$12,296$11,951$11,619$11,299$10,505
4 years$9,397$9,039$8,697$8,371$8,058$7,295
5 years$7,442$7,087$6,750$6,430$6,126$5,394
6 years$6,140$5,787$5,455$5,142$4,847$4,148
7 years$5,210$4,860$4,533$4,227$3,942$3,275
8 years$4,512$4,166$3,844$3,546$3,270$2,636
9 years$3,970$3,627$3,311$3,021$2,754$2,152
10 years$3,537$3,197$2,887$2,604$2,347$1,776
11 years$3,183$2,846$2,541$2,266$2,018$1,478
12 years$2,888$2,555$2,255$1,988$1,749$1,238
13 years$2,638$2,309$2,015$1,755$1,525$1,043
14 years$2,425$2,098$1,811$1,558$1,337$883
15 years$2,240$1,917$1,635$1,389$1,177$750
16 years$2,078$1,759$1,482$1,244$1,040$639
17 years$1,935$1,620$1,349$1,118$922$546
18 years$1,809$1,497$1,231$1,007$820$468
19 years$1,696$1,387$1,127$910$731$401
20 years$1,594$1,289$1,034$824$653$345
21 years$1,502$1,201$951$748$584$296
22 years$1,419$1,121$877$680$524$255
23 years$1,343$1,048$810$619$470$220
24 years$1,273$982$749$565$423$190
25 years$1,209$922$693$516$380$164
26 years$1,150$866$643$472$343$142
27 years$1,096$815$597$432$309$122
28 years$1,045$768$555$396$279$106
29 years$998$725$517$363$252$92
30 years$955$684$481$333$227$79
31 years$914$647$449$306$206$69
32 years$876$612$419$281$186$59
33 years$840$580$391$258$168$51
34 years$806$549$365$238$152$45
35 years$775$521$341$219$138$39
36 years$745$495$319$202$125$33
37 years$717$470$299$186$113$29
38 years$690$446$280$171$103$25
39 years$665$425$262$158$93$22
40 years$641$404$246$146$84$19
41 years$619$385$231$134$77$16
42 years$597$366$216$124$70$14
43 years$577$349$203$114$63$12
44 years$557$333$190$106$57$11
45 years$539$317$179$98$52$9
46 years$521$303$168$90$47$8
47 years$504$289$158$83$43$7
48 years$488$276$148$77$39$6
49 years$473$263$139$71$35$5
50 years$458$251$131$66$32$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $469,000, adding $6,619 every year, while hoping to spend $23,901 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: 28/45/27 Blend
66$469,000$469,000$469,000$469,000
67$523,665$498,808$491,539$533,799
68$551,649$497,820$482,575$541,390
69$581,686$495,981$472,510$547,029
70$613,960$493,227$461,281$552,603
71$648,673$489,484$448,824$558,123
72$686,049$484,680$435,070$563,602
73$726,330$478,733$419,949$569,058
74$769,784$471,559$403,385$574,514
75$816,705$463,069$385,302$579,996
76$867,417$453,168$365,618$585,536
77$922,275$441,755$344,248$591,174
78$981,670$428,723$321,103$596,954
79$1,046,030$413,961$296,090$602,930
80$1,115,829$397,348$269,112$609,164
81$1,191,585$378,760$240,069$615,729
82$1,273,869$358,061$208,854$622,709
83$1,363,309$335,112$175,356$630,200
84$1,460,597$309,763$139,461$638,313
85$1,566,492$281,856$101,047$647,174
86$1,681,832$251,224$59,989$656,927
87$1,807,536$217,691$16,156$667,737
88$1,944,618$181,071$0$679,791
89$2,094,192$141,167$0$702,121
90$2,257,487$97,772$0$731,685
91$2,435,854$50,665$0$764,138
92$2,630,778$0$0$799,827
93$2,843,899$0$0$839,333
94$3,077,019$0$0$910,062
95$3,332,123$0$0$987,536
96$3,611,396$0$0$1,072,429
97$3,917,247$0$0$1,165,482
98$4,252,325$0$0$1,267,513
99$4,619,550$0$0$1,379,419
100$5,022,137$0$0$1,502,193