Can I retire at age 67 with 726,000?

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 $726,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$59,952$59,418$58,897$58,389$57,892$56,910
2 years$29,679$29,127$28,591$28,072$27,568$26,581
3 years$19,590$19,035$18,500$17,986$17,490$16,530
4 years$14,546$13,992$13,463$12,958$12,474$11,547
5 years$11,520$10,970$10,448$9,953$9,483$8,592
6 years$9,504$8,958$8,444$7,959$7,503$6,651
7 years$8,064$7,523$7,017$6,544$6,102$5,287
8 years$6,985$6,449$5,951$5,489$5,062$4,285
9 years$6,146$5,615$5,125$4,676$4,263$3,523
10 years$5,475$4,949$4,468$4,031$3,632$2,929
11 years$4,927$4,406$3,934$3,508$3,124$2,456
12 years$4,470$3,954$3,491$3,077$2,707$2,074
13 years$4,084$3,574$3,119$2,716$2,361$1,761
14 years$3,753$3,248$2,803$2,411$2,069$1,503
15 years$3,467$2,967$2,530$2,150$1,822$1,288
16 years$3,216$2,723$2,294$1,925$1,610$1,106
17 years$2,996$2,507$2,088$1,730$1,428$953
18 years$2,800$2,317$1,906$1,559$1,270$824
19 years$2,625$2,147$1,745$1,409$1,132$713
20 years$2,467$1,995$1,601$1,276$1,011$618
21 years$2,325$1,859$1,473$1,158$905$536
22 years$2,196$1,735$1,357$1,053$811$466
23 years$2,078$1,623$1,253$959$728$406
24 years$1,971$1,520$1,159$875$654$353
25 years$1,872$1,427$1,074$799$589$308
26 years$1,781$1,341$996$730$530$269
27 years$1,696$1,262$925$668$478$235
28 years$1,618$1,189$859$612$431$205
29 years$1,545$1,122$800$562$390$179
30 years$1,478$1,059$745$515$352$156
31 years$1,415$1,002$695$473$318$137
32 years$1,356$948$648$435$288$120
33 years$1,300$897$605$400$260$105
34 years$1,248$851$565$368$236$92
35 years$1,199$807$529$339$214$80
36 years$1,153$766$494$312$194$70
37 years$1,110$727$463$288$175$61
38 years$1,068$691$433$265$159$54
39 years$1,029$657$406$244$144$47
40 years$993$625$381$225$131$41
41 years$958$595$357$208$119$36
42 years$924$567$335$192$108$32
43 years$893$540$314$177$98$28
44 years$863$515$295$164$89$24
45 years$834$491$277$151$81$21
46 years$807$468$260$140$73$19
47 years$780$447$244$129$66$16
48 years$756$427$230$119$60$14
49 years$732$407$216$110$55$13
50 years$709$389$203$102$50$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $726,000, adding $4,899 every year, while hoping to spend $55,213 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: 42/50/8 Blend
66$726,000$726,000$726,000$726,000
67$805,105$766,627$755,374$836,831
68$828,480$745,446$721,933$838,243
69$852,388$721,376$685,521$833,803
70$876,826$694,218$645,981$827,734
71$901,788$663,760$603,147$819,908
72$927,265$629,779$556,847$810,191
73$953,246$592,038$506,901$798,438
74$979,716$550,287$453,121$784,496
75$1,006,656$504,260$395,310$768,200
76$1,034,046$453,680$333,264$749,379
77$1,061,858$398,249$266,767$727,846
78$1,090,060$337,656$195,596$703,405
79$1,118,615$271,571$119,518$675,846
80$1,147,481$199,644$38,288$644,947
81$1,176,605$121,508$0$610,470
82$1,205,931$36,774$0$576,293
83$1,235,391$0$0$541,773
84$1,264,910$0$0$533,620
85$1,294,400$0$0$545,636
86$1,323,763$0$0$557,543
87$1,352,888$0$0$569,285
88$1,381,646$0$0$580,804
89$1,409,898$0$0$592,032
90$1,437,481$0$0$602,892
91$1,464,217$0$0$613,300
92$1,489,904$0$0$623,160
93$1,514,316$0$0$632,366
94$1,537,199$0$0$640,799
95$1,558,271$0$0$648,326
96$1,577,218$0$0$654,799
97$1,593,688$0$0$660,053
98$1,607,288$0$0$663,904
99$1,617,584$0$0$666,149
100$1,624,090$0$0$666,561