Can I retire at age 67 with 727,000?

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 $727,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$60,035$59,500$58,978$58,469$57,972$56,297
2 years$29,720$29,167$28,630$28,110$27,606$25,931
3 years$19,617$19,061$18,526$18,010$17,514$15,893
4 years$14,566$14,012$13,482$12,976$12,491$10,936
5 years$11,536$10,985$10,463$9,966$9,496$8,010
6 years$9,517$8,970$8,455$7,970$7,514$6,099
7 years$8,075$7,533$7,026$6,553$6,111$4,768
8 years$6,995$6,457$5,959$5,497$5,069$3,797
9 years$6,155$5,622$5,132$4,682$4,269$3,066
10 years$5,483$4,956$4,475$4,036$3,637$2,502
11 years$4,934$4,412$3,939$3,513$3,128$2,058
12 years$4,476$3,960$3,496$3,081$2,711$1,704
13 years$4,089$3,579$3,124$2,720$2,364$1,419
14 years$3,758$3,253$2,806$2,415$2,072$1,186
15 years$3,472$2,972$2,534$2,153$1,825$995
16 years$3,221$2,726$2,297$1,928$1,613$837
17 years$3,000$2,511$2,090$1,732$1,430$706
18 years$2,804$2,320$1,908$1,561$1,271$596
19 years$2,628$2,150$1,747$1,411$1,133$505
20 years$2,471$1,998$1,603$1,278$1,012$428
21 years$2,328$1,861$1,475$1,160$906$363
22 years$2,199$1,737$1,359$1,054$812$308
23 years$2,081$1,625$1,255$960$729$262
24 years$1,973$1,522$1,161$876$655$223
25 years$1,874$1,429$1,075$800$589$190
26 years$1,783$1,343$997$731$531$162
27 years$1,699$1,264$926$669$479$138
28 years$1,620$1,191$861$613$432$117
29 years$1,548$1,123$801$562$390$100
30 years$1,480$1,061$746$516$352$85
31 years$1,417$1,003$695$474$319$73
32 years$1,357$949$649$436$288$62
33 years$1,302$899$606$401$261$53
34 years$1,250$852$566$369$236$45
35 years$1,201$808$529$339$214$39
36 years$1,155$767$495$312$194$33
37 years$1,111$728$463$288$176$28
38 years$1,070$692$434$265$159$24
39 years$1,031$658$407$245$144$20
40 years$994$626$381$226$131$17
41 years$959$596$357$208$119$15
42 years$926$568$335$192$108$13
43 years$894$541$315$177$98$11
44 years$864$516$295$164$89$9
45 years$835$492$277$151$81$8
46 years$808$469$260$140$73$7
47 years$782$448$245$129$66$6
48 years$757$427$230$119$60$5
49 years$733$408$216$110$55$4
50 years$710$390$203$102$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $727,000, adding $4,460 every year, while hoping to spend $30,383 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: 77/16/7 Blend
66$727,000$727,000$727,000$727,000
67$805,754$767,223$755,955$866,767
68$855,614$772,490$748,952$912,729
69$909,541$776,997$740,697$958,738
70$967,918$780,673$731,114$1,008,290
71$1,031,167$783,447$720,127$1,061,725
72$1,099,749$785,239$707,654$1,119,418
73$1,174,173$785,966$693,611$1,181,778
74$1,255,000$785,539$677,907$1,249,261
75$1,342,844$783,865$660,452$1,322,365
76$1,438,384$780,844$641,146$1,401,643
77$1,542,363$776,369$619,889$1,487,700
78$1,655,602$770,329$596,573$1,581,207
79$1,779,003$762,605$571,088$1,682,900
80$1,913,558$753,069$543,316$1,793,593
81$2,060,361$741,589$513,137$1,914,182
82$2,220,613$728,023$480,423$2,045,654
83$2,395,639$712,220$445,040$2,189,098
84$2,586,897$694,021$406,851$2,345,714
85$2,795,990$673,257$365,711$2,516,825
86$3,024,685$649,751$321,466$2,703,889
87$3,274,928$623,314$273,960$2,908,514
88$3,548,859$593,745$223,027$3,132,471
89$3,848,838$560,834$168,494$3,377,715
90$4,177,462$524,357$110,180$3,646,398
91$4,537,591$484,079$47,899$3,940,894
92$4,932,375$439,748$0$4,263,821
93$5,365,283$391,102$0$4,619,450
94$5,840,137$337,861$0$5,013,482
95$6,361,145$279,730$0$5,445,859
96$6,932,944$216,398$0$5,920,462
97$7,560,639$147,536$0$6,441,568
98$8,249,855$72,797$0$7,013,893
99$9,006,790$0$0$7,642,633
100$9,838,269$0$0$8,334,956