Can I retire at age 67 with 476,000?

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 $476,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$39,308$38,958$38,616$38,282$37,957$37,655
2 years$19,459$19,097$18,746$18,405$18,075$17,770
3 years$12,844$12,480$12,130$11,792$11,467$11,170
4 years$9,537$9,174$8,827$8,496$8,179$7,890
5 years$7,553$7,193$6,850$6,525$6,217$5,939
6 years$6,231$5,873$5,536$5,218$4,919$4,652
7 years$5,287$4,932$4,601$4,290$4,001$3,744
8 years$4,580$4,228$3,902$3,599$3,319$3,073
9 years$4,030$3,681$3,360$3,066$2,795$2,559
10 years$3,590$3,245$2,930$2,643$2,382$2,156
11 years$3,230$2,889$2,579$2,300$2,048$1,833
12 years$2,931$2,593$2,289$2,017$1,775$1,570
13 years$2,678$2,343$2,045$1,781$1,548$1,352
14 years$2,461$2,130$1,838$1,581$1,357$1,171
15 years$2,273$1,946$1,659$1,410$1,195$1,018
16 years$2,109$1,785$1,504$1,262$1,056$888
17 years$1,964$1,644$1,369$1,134$936$778
18 years$1,836$1,519$1,249$1,022$832$682
19 years$1,721$1,408$1,144$924$742$600
20 years$1,618$1,308$1,050$837$663$529
21 years$1,525$1,219$966$759$593$467
22 years$1,440$1,138$890$690$532$412
23 years$1,363$1,064$822$629$477$365
24 years$1,292$997$760$573$429$323
25 years$1,227$935$704$524$386$287
26 years$1,167$879$653$479$348$255
27 years$1,112$827$606$438$313$226
28 years$1,061$780$564$402$283$201
29 years$1,013$736$524$368$255$179
30 years$969$695$488$338$231$159
31 years$928$657$455$310$209$142
32 years$889$621$425$285$189$126
33 years$852$588$397$262$171$112
34 years$818$558$371$241$155$100
35 years$786$529$347$222$140$89
36 years$756$502$324$205$127$80
37 years$727$477$303$189$115$71
38 years$700$453$284$174$104$63
39 years$675$431$266$160$95$57
40 years$651$410$250$148$86$50
41 years$628$390$234$136$78$45
42 years$606$372$219$126$71$40
43 years$585$354$206$116$64$36
44 years$566$338$193$107$58$32
45 years$547$322$182$99$53$29
46 years$529$307$170$91$48$26
47 years$512$293$160$85$44$23
48 years$495$280$151$78$40$20
49 years$480$267$141$72$36$18
50 years$465$255$133$67$33$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $476,000, adding $3,361 every year, while hoping to spend $21,906 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: 57/17/26 Blend
66$476,000$476,000$476,000$476,000
67$528,019$502,791$495,413$554,194
68$558,569$504,120$488,701$573,830
69$591,501$504,780$481,031$592,628
70$627,035$504,715$472,346$612,660
71$665,412$503,865$462,589$634,052
72$706,898$502,168$451,700$656,942
73$751,784$499,557$439,614$681,486
74$800,391$495,960$426,266$707,855
75$853,071$491,303$411,587$736,237
76$910,213$485,506$395,504$766,843
77$972,243$478,483$377,941$799,905
78$1,039,629$470,146$358,819$835,681
79$1,112,887$460,399$338,055$874,455
80$1,192,584$449,142$315,563$916,543
81$1,279,346$436,268$291,253$962,293
82$1,373,858$421,664$265,029$1,012,092
83$1,476,878$405,211$236,793$1,066,366
84$1,589,236$386,783$206,442$1,125,589
85$1,711,849$366,247$173,869$1,190,283
86$1,845,724$343,460$138,961$1,261,025
87$1,991,972$318,273$101,600$1,338,454
88$2,151,813$290,528$61,663$1,423,278
89$2,326,593$260,059$19,024$1,516,275
90$2,517,792$226,689$0$1,618,311
91$2,727,042$190,231$0$1,737,682
92$2,956,136$150,489$0$1,874,208
93$3,207,052$107,253$0$2,023,810
94$3,481,968$60,305$0$2,187,814
95$3,783,280$9,411$0$2,367,687
96$4,113,630$0$0$2,565,042
97$4,475,927$0$0$2,790,203
98$4,873,372$0$0$3,039,184
99$5,309,496$0$0$3,312,438
100$5,788,184$0$0$3,612,407