Can I retire at age 67 with 528,000?

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 $528,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$43,602$43,213$42,834$42,465$42,103$41,751
2 years$21,585$21,183$20,793$20,416$20,049$19,694
3 years$14,247$13,843$13,455$13,081$12,720$12,373
4 years$10,579$10,176$9,792$9,424$9,072$8,736
5 years$8,378$7,978$7,599$7,238$6,896$6,572
6 years$6,912$6,515$6,141$5,789$5,457$5,145
7 years$5,865$5,471$5,103$4,759$4,438$4,138
8 years$5,080$4,690$4,328$3,992$3,682$3,394
9 years$4,470$4,083$3,728$3,401$3,101$2,826
10 years$3,982$3,599$3,250$2,931$2,642$2,379
11 years$3,583$3,204$2,861$2,551$2,272$2,021
12 years$3,251$2,876$2,539$2,238$1,969$1,730
13 years$2,970$2,599$2,269$1,976$1,717$1,490
14 years$2,730$2,362$2,038$1,754$1,505$1,289
15 years$2,521$2,158$1,840$1,564$1,325$1,120
16 years$2,339$1,980$1,668$1,400$1,171$977
17 years$2,179$1,824$1,518$1,258$1,038$854
18 years$2,036$1,685$1,386$1,134$923$749
19 years$1,909$1,562$1,269$1,025$823$658
20 years$1,795$1,451$1,164$928$735$579
21 years$1,691$1,352$1,071$842$658$511
22 years$1,597$1,262$987$766$590$451
23 years$1,512$1,180$911$697$529$399
24 years$1,433$1,106$843$636$476$353
25 years$1,361$1,038$781$581$428$313
26 years$1,295$975$724$531$386$278
27 years$1,234$918$672$486$348$246
28 years$1,177$865$625$445$314$219
29 years$1,124$816$582$408$283$195
30 years$1,075$770$542$375$256$173
31 years$1,029$728$505$344$231$154
32 years$986$689$471$316$209$137
33 years$946$653$440$291$189$122
34 years$908$619$411$268$172$109
35 years$872$587$384$246$155$97
36 years$839$557$360$227$141$86
37 years$807$529$337$209$128$77
38 years$777$503$315$193$116$68
39 years$749$478$295$178$105$61
40 years$722$455$277$164$95$54
41 years$696$433$260$151$86$49
42 years$672$412$243$140$78$43
43 years$649$393$228$129$71$39
44 years$627$374$214$119$65$34
45 years$606$357$201$110$59$31
46 years$587$341$189$101$53$27
47 years$568$325$178$94$48$24
48 years$549$310$167$87$44$22
49 years$532$296$157$80$40$19
50 years$516$283$148$74$36$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $528,000, adding $4,696 every year, while hoping to spend $28,481 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: 28/46/26 Blend
66$528,000$528,000$528,000$528,000
67$586,700$558,716$550,532$598,279
68$616,240$555,789$538,671$604,896
69$647,838$551,765$525,459$609,211
70$681,675$546,559$510,819$613,265
71$717,947$540,082$494,673$617,054
72$756,872$532,240$476,938$620,577
73$798,686$522,933$457,529$623,838
74$843,651$512,055$436,355$626,840
75$892,052$499,495$413,321$629,593
76$944,204$485,133$388,331$632,111
77$1,000,452$468,844$361,279$634,411
78$1,061,176$450,495$332,060$636,517
79$1,126,792$429,945$300,559$638,461
80$1,197,758$407,045$266,661$640,280
81$1,274,577$381,639$230,243$642,021
82$1,357,804$353,559$191,176$643,739
83$1,448,046$322,629$149,326$645,502
84$1,545,973$288,664$104,555$647,389
85$1,652,320$251,467$56,716$649,494
86$1,767,898$210,830$5,657$651,924
87$1,893,596$166,533$0$654,806
88$2,030,395$118,345$0$671,834
89$2,179,373$66,021$0$692,183
90$2,341,715$9,303$0$714,524
91$2,518,728$0$0$739,127
92$2,711,847$0$0$792,660
93$2,922,656$0$0$856,318
94$3,152,894$0$0$925,927
95$3,404,479$0$0$1,002,078
96$3,679,520$0$0$1,085,420
97$3,980,341$0$0$1,176,668
98$4,309,498$0$0$1,276,611
99$4,669,810$0$0$1,386,115
100$5,064,376$0$0$1,506,136