Can I retire at age 67 with 570,000?

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 $570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$47,070$46,651$46,242$45,842$45,453$44,246
2 years$23,302$22,868$22,447$22,040$21,644$20,437
3 years$15,380$14,945$14,525$14,121$13,732$12,562
4 years$11,420$10,986$10,570$10,173$9,794$8,670
5 years$9,045$8,613$8,203$7,814$7,445$6,371
6 years$7,462$7,033$6,629$6,249$5,891$4,867
7 years$6,331$5,906$5,509$5,138$4,791$3,817
8 years$5,484$5,063$4,672$4,310$3,975$3,051
9 years$4,825$4,408$4,024$3,671$3,347$2,472
10 years$4,299$3,886$3,508$3,164$2,852$2,025
11 years$3,868$3,459$3,089$2,754$2,453$1,672
12 years$3,510$3,105$2,741$2,416$2,126$1,390
13 years$3,206$2,806$2,449$2,133$1,853$1,162
14 years$2,947$2,550$2,200$1,893$1,625$976
15 years$2,722$2,330$1,987$1,688$1,431$822
16 years$2,525$2,138$1,801$1,512$1,264$694
17 years$2,352$1,969$1,639$1,358$1,121$588
18 years$2,198$1,819$1,496$1,224$997$499
19 years$2,061$1,686$1,370$1,106$888$424
20 years$1,937$1,567$1,257$1,002$794$361
21 years$1,826$1,459$1,156$909$710$308
22 years$1,724$1,362$1,066$827$637$263
23 years$1,632$1,274$984$753$571$224
24 years$1,547$1,194$910$687$514$192
25 years$1,470$1,120$843$627$462$164
26 years$1,398$1,053$782$573$416$140
27 years$1,332$991$726$525$375$120
28 years$1,270$934$675$481$339$103
29 years$1,213$881$628$441$306$88
30 years$1,160$832$585$405$276$76
31 years$1,111$786$545$372$250$65
32 years$1,064$744$509$342$226$55
33 years$1,021$705$475$314$205$48
34 years$980$668$444$289$185$41
35 years$942$633$415$266$168$35
36 years$905$601$388$245$152$30
37 years$871$571$363$226$138$26
38 years$839$543$340$208$125$22
39 years$808$516$319$192$113$19
40 years$779$491$299$177$103$16
41 years$752$467$280$163$93$14
42 years$726$445$263$151$85$12
43 years$701$424$247$139$77$10
44 years$677$404$231$128$70$9
45 years$655$385$217$119$63$8
46 years$633$368$204$110$57$6
47 years$613$351$192$101$52$6
48 years$593$335$180$94$47$5
49 years$574$320$169$86$43$4
50 years$557$306$159$80$39$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $570,000, adding $3,856 every year, while hoping to spend $39,197 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: 39/47/14 Blend
66$570,000$570,000$570,000$570,000
67$632,117$601,907$593,072$653,973
68$654,888$589,696$571,235$657,663
69$678,668$575,572$547,352$657,552
70$703,518$559,401$521,315$656,583
71$729,505$541,039$493,007$654,698
72$756,700$520,337$462,309$651,835
73$785,183$497,132$429,095$647,930
74$815,036$471,256$393,235$642,918
75$846,353$442,531$354,591$636,730
76$879,231$410,765$313,020$629,294
77$913,779$375,759$268,373$620,537
78$950,115$337,301$220,493$610,382
79$988,365$295,168$169,218$598,750
80$1,028,669$249,121$114,378$585,559
81$1,071,178$198,913$55,794$570,727
82$1,116,056$144,278$0$554,166
83$1,163,485$84,939$0$536,794
84$1,213,659$20,599$0$526,475
85$1,266,793$0$0$514,805
86$1,323,121$0$0$527,090
87$1,382,898$0$0$551,473
88$1,446,405$0$0$577,416
89$1,513,947$0$0$605,051
90$1,585,858$0$0$634,520
91$1,662,505$0$0$665,980
92$1,744,289$0$0$699,600
93$1,831,649$0$0$735,569
94$1,925,068$0$0$774,092
95$2,025,073$0$0$815,394
96$2,132,243$0$0$859,723
97$2,247,214$0$0$907,350
98$2,370,683$0$0$958,573
99$2,503,414$0$0$1,013,719
100$2,646,249$0$0$1,073,147