Can I retire at age 67 with 552,000?

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 $552,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$45,584$45,178$44,781$44,395$44,017$43,306
2 years$22,566$22,146$21,739$21,344$20,961$20,246
3 years$14,895$14,473$14,066$13,675$13,298$12,602
4 years$11,060$10,639$10,237$9,852$9,484$8,813
5 years$8,759$8,341$7,944$7,567$7,210$6,564
6 years$7,226$6,811$6,420$6,052$5,705$5,086
7 years$6,132$5,720$5,335$4,975$4,640$4,048
8 years$5,311$4,903$4,525$4,174$3,849$3,285
9 years$4,673$4,269$3,897$3,555$3,241$2,704
10 years$4,163$3,763$3,397$3,065$2,762$2,250
11 years$3,746$3,350$2,991$2,667$2,375$1,890
12 years$3,399$3,007$2,655$2,339$2,058$1,598
13 years$3,105$2,717$2,372$2,065$1,795$1,359
14 years$2,854$2,470$2,131$1,833$1,573$1,161
15 years$2,636$2,256$1,924$1,635$1,385$996
16 years$2,446$2,070$1,744$1,464$1,224$857
17 years$2,278$1,906$1,587$1,315$1,086$740
18 years$2,129$1,762$1,449$1,185$965$640
19 years$1,996$1,633$1,326$1,071$860$554
20 years$1,876$1,517$1,217$970$769$481
21 years$1,768$1,413$1,120$880$688$419
22 years$1,670$1,319$1,032$801$616$364
23 years$1,580$1,234$953$729$553$318
24 years$1,498$1,156$881$665$497$277
25 years$1,423$1,085$816$607$448$242
26 years$1,354$1,020$757$555$403$211
27 years$1,290$960$703$508$363$185
28 years$1,230$904$653$466$328$162
29 years$1,175$853$608$427$296$141
30 years$1,124$806$566$392$268$124
31 years$1,076$761$528$360$242$108
32 years$1,031$721$493$331$219$95
33 years$989$682$460$304$198$83
34 years$949$647$430$280$179$73
35 years$912$613$402$258$162$64
36 years$877$582$376$237$147$56
37 years$844$553$352$219$133$49
38 years$812$526$330$202$121$43
39 years$783$500$309$186$110$38
40 years$755$475$289$171$99$33
41 years$728$453$271$158$90$29
42 years$703$431$255$146$82$26
43 years$679$411$239$135$74$22
44 years$656$391$224$124$67$20
45 years$634$373$210$115$61$17
46 years$613$356$198$106$56$15
47 years$593$340$186$98$50$13
48 years$574$324$175$91$46$12
49 years$556$310$164$84$42$10
50 years$539$296$154$77$38$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $552,000, adding $6,847 every year, while hoping to spend $33,509 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: 64/18/18 Blend
66$552,000$552,000$552,000$552,000
67$615,367$586,111$577,555$651,552
68$642,481$579,177$561,249$669,755
69$671,237$570,780$543,275$685,197
70$701,769$560,813$523,540$701,270
71$734,219$549,163$501,949$718,036
72$768,747$535,710$478,401$735,566
73$805,526$520,326$452,794$753,939
74$844,744$502,877$425,017$773,242
75$886,610$483,220$394,957$793,573
76$931,351$461,204$362,495$815,044
77$979,216$436,670$327,506$837,776
78$1,030,478$409,450$289,860$861,906
79$1,085,438$379,364$249,421$887,588
80$1,144,424$346,224$206,048$914,990
81$1,207,798$309,831$159,593$944,302
82$1,275,954$269,974$109,900$975,736
83$1,349,329$226,430$56,810$1,009,527
84$1,428,400$178,964$152$1,045,934
85$1,513,691$127,328$0$1,085,250
86$1,605,779$71,259$0$1,139,380
87$1,705,297$10,479$0$1,197,884
88$1,812,942$0$0$1,261,169
89$1,929,478$0$0$1,340,668
90$2,055,747$0$0$1,429,088
91$2,192,673$0$0$1,525,005
92$2,341,274$0$0$1,629,135
93$2,502,668$0$0$1,742,266
94$2,678,086$0$0$1,865,265
95$2,868,880$0$0$1,999,088
96$3,076,541$0$0$2,144,782
97$3,302,708$0$0$2,303,504
98$3,549,182$0$0$2,476,524
99$3,817,949$0$0$2,665,241
100$4,111,193$0$0$2,871,194