Can I retire at age 67 with 535,000?

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 $535,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$44,180$43,786$43,402$43,028$42,662$42,007
2 years$21,871$21,464$21,069$20,686$20,315$19,657
3 years$14,436$14,027$13,633$13,254$12,889$12,248
4 years$10,719$10,311$9,921$9,549$9,192$8,573
5 years$8,490$8,084$7,699$7,334$6,988$6,393
6 years$7,004$6,601$6,222$5,865$5,529$4,959
7 years$5,943$5,544$5,171$4,822$4,497$3,951
8 years$5,147$4,752$4,385$4,045$3,731$3,210
9 years$4,529$4,137$3,777$3,446$3,142$2,645
10 years$4,035$3,647$3,293$2,970$2,677$2,204
11 years$3,631$3,247$2,899$2,585$2,302$1,853
12 years$3,294$2,914$2,573$2,267$1,995$1,569
13 years$3,009$2,633$2,299$2,002$1,740$1,336
14 years$2,766$2,394$2,065$1,777$1,525$1,143
15 years$2,555$2,187$1,865$1,585$1,343$982
16 years$2,370$2,006$1,691$1,419$1,187$846
17 years$2,208$1,848$1,538$1,275$1,052$731
18 years$2,063$1,707$1,404$1,149$936$633
19 years$1,934$1,582$1,286$1,038$834$550
20 years$1,818$1,470$1,180$940$745$478
21 years$1,714$1,370$1,085$853$667$416
22 years$1,618$1,279$1,000$776$597$363
23 years$1,532$1,196$924$707$536$317
24 years$1,452$1,120$854$644$482$277
25 years$1,379$1,051$791$589$434$242
26 years$1,312$988$734$538$391$212
27 years$1,250$930$681$493$352$185
28 years$1,192$876$633$451$318$162
29 years$1,139$827$589$414$287$142
30 years$1,089$781$549$380$259$125
31 years$1,042$738$512$349$234$110
32 years$999$698$478$321$212$96
33 years$958$661$446$295$192$84
34 years$920$627$417$271$174$74
35 years$884$595$389$250$157$65
36 years$850$564$364$230$143$57
37 years$818$536$341$212$129$50
38 years$787$509$319$195$117$44
39 years$759$484$299$180$106$39
40 years$731$461$280$166$96$34
41 years$706$439$263$153$87$30
42 years$681$418$247$141$79$26
43 years$658$398$231$131$72$23
44 years$636$379$217$121$65$20
45 years$615$362$204$111$59$18
46 years$594$345$192$103$54$16
47 years$575$329$180$95$49$14
48 years$557$314$169$88$44$12
49 years$539$300$159$81$40$11
50 years$522$287$149$75$37$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $535,000, adding $6,863 every year, while hoping to spend $35,773 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: 48/34/18 Blend
66$535,000$535,000$535,000$535,000
67$596,649$568,294$560,002$621,961
68$619,445$558,078$540,700$630,019
69$643,367$546,163$519,552$634,575
70$668,493$532,427$496,459$638,760
71$694,906$516,743$471,317$642,551
72$722,697$498,974$444,016$645,929
73$751,965$478,976$414,444$648,875
74$782,819$456,600$382,481$651,368
75$815,375$431,682$348,003$653,392
76$849,763$404,054$310,881$654,929
77$886,121$373,535$270,978$655,963
78$924,604$339,936$228,154$656,482
79$965,376$303,056$182,260$656,475
80$1,008,621$262,682$133,142$655,933
81$1,054,537$218,590$80,639$654,853
82$1,103,342$170,544$24,583$653,233
83$1,155,275$118,292$0$651,078
84$1,210,595$61,571$0$655,165
85$1,269,589$101$0$664,222
86$1,332,569$0$0$673,581
87$1,399,878$0$0$708,160
88$1,471,890$0$0$745,233
89$1,549,019$0$0$784,981
90$1,631,715$0$0$827,641
91$1,720,474$0$0$873,474
92$1,815,840$0$0$922,766
93$1,918,409$0$0$975,832
94$2,028,837$0$0$1,033,018
95$2,147,843$0$0$1,094,702
96$2,276,218$0$0$1,161,302
97$2,414,830$0$0$1,233,277
98$2,564,633$0$0$1,311,128
99$2,726,675$0$0$1,395,410
100$2,902,111$0$0$1,486,732