Can I retire at age 67 with 525,000?

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 $525,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$43,354$42,968$42,591$42,223$41,864$40,737
2 years$21,462$21,063$20,675$20,300$19,935$18,807
3 years$14,166$13,765$13,378$13,006$12,648$11,555
4 years$10,519$10,118$9,736$9,370$9,021$7,971
5 years$8,331$7,933$7,556$7,197$6,857$5,854
6 years$6,873$6,478$6,106$5,756$5,426$4,469
7 years$5,832$5,440$5,074$4,732$4,413$3,503
8 years$5,051$4,663$4,303$3,970$3,661$2,798
9 years$4,444$4,060$3,706$3,381$3,083$2,266
10 years$3,959$3,579$3,231$2,915$2,627$1,855
11 years$3,563$3,186$2,845$2,537$2,259$1,531
12 years$3,232$2,860$2,525$2,225$1,958$1,272
13 years$2,953$2,584$2,256$1,964$1,707$1,063
14 years$2,714$2,349$2,027$1,744$1,496$891
15 years$2,507$2,146$1,830$1,555$1,318$750
16 years$2,326$1,969$1,659$1,392$1,165$634
17 years$2,166$1,813$1,510$1,251$1,033$536
18 years$2,025$1,675$1,378$1,127$918$455
19 years$1,898$1,553$1,262$1,019$818$386
20 years$1,784$1,443$1,158$923$731$329
21 years$1,681$1,344$1,065$837$654$280
22 years$1,588$1,255$982$761$586$239
23 years$1,503$1,173$906$693$526$204
24 years$1,425$1,099$838$632$473$174
25 years$1,354$1,032$776$578$426$149
26 years$1,288$970$720$528$383$127
27 years$1,227$913$669$483$346$109
28 years$1,170$860$622$443$312$93
29 years$1,118$811$578$406$282$80
30 years$1,069$766$539$373$255$68
31 years$1,023$724$502$342$230$58
32 years$980$685$469$315$208$50
33 years$940$649$438$289$188$43
34 years$903$615$409$266$171$37
35 years$867$583$382$245$154$31
36 years$834$554$358$226$140$27
37 years$802$526$335$208$127$23
38 years$773$500$313$192$115$20
39 years$744$475$294$177$104$17
40 years$718$452$275$163$95$15
41 years$692$430$258$150$86$12
42 years$668$410$242$139$78$11
43 years$646$391$227$128$71$9
44 years$624$372$213$118$64$8
45 years$603$355$200$109$58$7
46 years$583$339$188$101$53$6
47 years$564$323$177$93$48$5
48 years$546$309$166$86$44$4
49 years$529$295$156$80$40$4
50 years$513$281$147$74$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $525,000, adding $3,945 every year, while hoping to spend $23,980 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: 62/23/15 Blend
66$525,000$525,000$525,000$525,000
67$582,619$554,794$546,657$616,346
68$616,532$556,465$539,455$641,156
69$653,100$557,413$531,209$665,155
70$692,569$557,579$521,857$690,778
71$735,208$556,898$511,337$718,184
72$781,315$555,302$499,582$747,548
73$831,215$552,717$486,524$779,066
74$885,266$549,067$472,089$812,953
75$943,862$544,271$456,203$849,445
76$1,007,437$538,240$438,787$888,806
77$1,076,466$530,885$419,757$931,326
78$1,151,473$522,106$399,026$977,327
79$1,233,035$511,801$376,506$1,027,164
80$1,321,787$499,861$352,100$1,081,228
81$1,418,424$486,170$325,711$1,139,953
82$1,523,716$470,605$297,235$1,203,818
83$1,638,507$453,036$266,564$1,273,353
84$1,763,727$433,327$233,586$1,349,143
85$1,900,399$411,332$198,184$1,431,832
86$2,049,650$386,898$160,233$1,522,137
87$2,212,721$359,862$119,607$1,620,843
88$2,390,975$330,052$76,170$1,728,823
89$2,585,917$297,287$29,785$1,847,038
90$2,799,201$261,375$0$1,976,550
91$3,032,651$222,113$0$2,121,687
92$3,288,272$179,287$0$2,285,881
93$3,568,275$132,671$0$2,465,815
94$3,875,093$82,026$0$2,663,095
95$4,211,406$27,099$0$2,879,489
96$4,580,166$0$0$3,116,951
97$4,984,624$0$0$3,385,828
98$5,428,362$0$0$3,688,381
99$5,915,323$0$0$4,020,447
100$6,449,852$0$0$4,384,993