Can I retire at age 67 with 524,000?

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 $524,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$43,271$42,886$42,510$42,143$41,784$40,512
2 years$21,422$21,023$20,636$20,261$19,897$18,626
3 years$14,139$13,738$13,353$12,981$12,624$11,394
4 years$10,499$10,099$9,717$9,352$9,003$7,824
5 years$8,315$7,918$7,541$7,184$6,844$5,719
6 years$6,860$6,466$6,094$5,745$5,416$4,345
7 years$5,821$5,430$5,064$4,723$4,404$3,389
8 years$5,042$4,654$4,295$3,962$3,654$2,692
9 years$4,436$4,052$3,699$3,375$3,077$2,169
10 years$3,952$3,572$3,225$2,909$2,622$1,765
11 years$3,556$3,180$2,839$2,532$2,255$1,449
12 years$3,226$2,854$2,520$2,221$1,954$1,196
13 years$2,948$2,579$2,251$1,961$1,704$993
14 years$2,709$2,345$2,023$1,740$1,494$828
15 years$2,502$2,142$1,826$1,552$1,315$693
16 years$2,322$1,965$1,656$1,390$1,162$581
17 years$2,162$1,810$1,507$1,249$1,031$489
18 years$2,021$1,672$1,375$1,125$916$412
19 years$1,894$1,550$1,259$1,017$817$347
20 years$1,781$1,440$1,156$921$730$293
21 years$1,678$1,341$1,063$836$653$248
22 years$1,585$1,252$980$760$585$210
23 years$1,500$1,171$905$692$525$178
24 years$1,422$1,097$837$631$472$151
25 years$1,351$1,030$775$576$425$128
26 years$1,285$968$719$527$383$109
27 years$1,224$911$667$482$345$92
28 years$1,168$858$620$442$311$78
29 years$1,115$810$577$405$281$67
30 years$1,067$765$538$372$254$57
31 years$1,021$723$501$342$230$48
32 years$978$684$468$314$208$41
33 years$938$648$437$289$188$35
34 years$901$614$408$266$170$30
35 years$866$582$381$245$154$25
36 years$832$553$357$225$140$21
37 years$801$525$334$208$127$18
38 years$771$499$313$191$115$15
39 years$743$474$293$176$104$13
40 years$716$451$275$163$94$11
41 years$691$430$258$150$86$10
42 years$667$409$242$139$78$8
43 years$644$390$227$128$71$7
44 years$623$372$213$118$64$6
45 years$602$354$200$109$58$5
46 years$582$338$188$101$53$4
47 years$563$323$176$93$48$4
48 years$545$308$166$86$44$3
49 years$528$294$156$79$40$3
50 years$512$281$146$73$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $524,000, adding $3,981 every year, while hoping to spend $41,349 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: 46/25/29 Blend
66$524,000$524,000$524,000$524,000
67$581,554$553,782$545,660$603,291
68$596,878$536,923$519,945$602,243
69$612,379$517,851$491,982$596,814
70$628,031$496,415$461,653$590,135
71$643,805$472,455$428,834$582,113
72$659,667$445,799$393,394$572,646
73$675,579$416,269$355,198$561,628
74$691,495$383,673$314,104$548,943
75$707,365$347,811$269,964$534,468
76$723,132$308,469$222,624$518,074
77$738,731$265,424$171,921$499,619
78$754,089$218,437$117,688$478,954
79$769,124$167,259$59,749$455,918
80$783,744$111,623$0$430,342
81$797,843$51,250$0$402,685
82$811,307$0$0$391,879
83$824,005$0$0$383,162
84$835,792$0$0$388,048
85$846,504$0$0$392,356
86$855,961$0$0$395,993
87$863,960$0$0$398,853
88$870,278$0$0$400,824
89$874,663$0$0$401,776
90$876,837$0$0$401,568
91$876,491$0$0$400,040
92$873,281$0$0$397,019
93$866,827$0$0$392,309
94$856,706$0$0$385,694
95$842,448$0$0$376,936
96$823,534$0$0$365,769
97$799,388$0$0$351,901
98$769,373$0$0$335,006
99$732,782$0$0$314,725
100$688,835$0$0$290,660