Can I retire at age 67 with 565,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $565,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$46,657$46,242$45,836$45,440$45,054$44,491
2 years$23,098$22,667$22,251$21,846$21,454$20,888
3 years$15,245$14,813$14,398$13,997$13,611$13,059
4 years$11,320$10,889$10,478$10,084$9,708$9,174
5 years$8,966$8,537$8,131$7,746$7,380$6,866
6 years$7,396$6,971$6,571$6,194$5,839$5,346
7 years$6,276$5,855$5,461$5,093$4,749$4,276
8 years$5,436$5,018$4,631$4,272$3,940$3,487
9 years$4,783$4,370$3,989$3,639$3,318$2,886
10 years$4,261$3,852$3,477$3,137$2,827$2,415
11 years$3,834$3,429$3,062$2,730$2,431$2,040
12 years$3,479$3,077$2,717$2,394$2,107$1,735
13 years$3,178$2,781$2,427$2,114$1,837$1,484
14 years$2,921$2,528$2,181$1,877$1,611$1,275
15 years$2,698$2,309$1,969$1,674$1,418$1,101
16 years$2,503$2,119$1,785$1,498$1,253$953
17 years$2,331$1,951$1,625$1,346$1,111$828
18 years$2,179$1,803$1,483$1,213$988$721
19 years$2,043$1,671$1,358$1,096$881$629
20 years$1,920$1,553$1,246$993$787$550
21 years$1,810$1,446$1,146$901$704$481
22 years$1,709$1,350$1,056$819$631$422
23 years$1,618$1,263$975$746$566$370
24 years$1,534$1,183$902$681$509$325
25 years$1,457$1,110$835$622$458$286
26 years$1,386$1,044$775$568$413$252
27 years$1,320$982$719$520$372$222
28 years$1,259$925$669$477$336$195
29 years$1,203$873$622$437$303$172
30 years$1,150$824$580$401$274$152
31 years$1,101$779$541$368$248$134
32 years$1,055$737$504$339$224$118
33 years$1,012$698$471$311$203$104
34 years$971$662$440$286$184$92
35 years$933$628$411$264$166$81
36 years$897$596$385$243$151$72
37 years$863$566$360$224$137$64
38 years$831$538$337$206$124$56
39 years$801$511$316$190$112$50
40 years$772$487$296$175$102$44
41 years$745$463$278$162$92$39
42 years$719$441$261$149$84$34
43 years$695$420$244$138$76$30
44 years$671$401$229$127$69$27
45 years$649$382$215$118$63$24
46 years$628$364$202$109$57$21
47 years$607$348$190$100$52$19
48 years$588$332$179$93$47$16
49 years$569$317$168$86$43$15
50 years$552$303$158$79$39$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $565,000, adding $6,087 every year, while hoping to spend $32,286 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: 63/17/20 Blend
66$565,000$565,000$565,000$565,000
67$628,909$598,964$590,206$664,937
68$658,705$593,961$575,626$684,940
69$690,459$587,631$559,475$702,604
70$724,336$579,874$541,668$721,147
71$760,516$570,587$522,112$740,659
72$799,200$559,656$500,713$761,237
73$840,604$546,965$477,373$782,991
74$884,968$532,388$451,987$806,045
75$932,553$515,794$424,447$830,533
76$983,648$497,042$394,641$856,608
77$1,038,567$475,985$362,448$884,437
78$1,097,658$452,465$327,747$914,208
79$1,161,300$426,317$290,408$946,128
80$1,229,912$397,366$250,296$980,429
81$1,303,953$365,427$207,271$1,017,368
82$1,383,926$330,302$161,184$1,057,229
83$1,470,386$291,787$111,883$1,100,328
84$1,563,942$249,661$59,208$1,147,016
85$1,665,263$203,693$2,991$1,197,683
86$1,775,086$153,640$0$1,252,760
87$1,894,219$99,243$0$1,324,889
88$2,023,554$40,230$0$1,403,908
89$2,164,068$0$0$1,489,807
90$2,316,839$0$0$1,587,710
91$2,483,053$0$0$1,702,450
92$2,664,011$0$0$1,827,408
93$2,861,150$0$0$1,963,577
94$3,076,047$0$0$2,112,053
95$3,310,440$0$0$2,274,042
96$3,566,241$0$0$2,450,870
97$3,845,556$0$0$2,643,998
98$4,150,700$0$0$2,855,034
99$4,484,226$0$0$3,085,749
100$4,848,940$0$0$3,338,090