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%11.4%
1 years$60,035$59,500$58,978$58,469$57,972$57,631
2 years$29,720$29,167$28,630$28,110$27,606$27,261
3 years$19,617$19,061$18,526$18,010$17,514$17,178
4 years$14,566$14,012$13,482$12,976$12,491$12,165
5 years$11,536$10,985$10,463$9,966$9,496$9,180
6 years$9,517$8,970$8,455$7,970$7,514$7,210
7 years$8,075$7,533$7,026$6,553$6,111$5,819
8 years$6,995$6,457$5,959$5,497$5,069$4,789
9 years$6,155$5,622$5,132$4,682$4,269$4,001
10 years$5,483$4,956$4,475$4,036$3,637$3,381
11 years$4,934$4,412$3,939$3,513$3,128$2,883
12 years$4,476$3,960$3,496$3,081$2,711$2,477
13 years$4,089$3,579$3,124$2,720$2,364$2,141
14 years$3,758$3,253$2,806$2,415$2,072$1,860
15 years$3,472$2,972$2,534$2,153$1,825$1,622
16 years$3,221$2,726$2,297$1,928$1,613$1,420
17 years$3,000$2,511$2,090$1,732$1,430$1,247
18 years$2,804$2,320$1,908$1,561$1,271$1,098
19 years$2,628$2,150$1,747$1,411$1,133$969
20 years$2,471$1,998$1,603$1,278$1,012$857
21 years$2,328$1,861$1,475$1,160$906$759
22 years$2,199$1,737$1,359$1,054$812$674
23 years$2,081$1,625$1,255$960$729$598
24 years$1,973$1,522$1,161$876$655$532
25 years$1,874$1,429$1,075$800$589$474
26 years$1,783$1,343$997$731$531$422
27 years$1,699$1,264$926$669$479$377
28 years$1,620$1,191$861$613$432$336
29 years$1,548$1,123$801$562$390$300
30 years$1,480$1,061$746$516$352$268
31 years$1,417$1,003$695$474$319$240
32 years$1,357$949$649$436$288$214
33 years$1,302$899$606$401$261$192
34 years$1,250$852$566$369$236$172
35 years$1,201$808$529$339$214$154
36 years$1,155$767$495$312$194$138
37 years$1,111$728$463$288$176$123
38 years$1,070$692$434$265$159$110
39 years$1,031$658$407$245$144$99
40 years$994$626$381$226$131$89
41 years$959$596$357$208$119$80
42 years$926$568$335$192$108$71
43 years$894$541$315$177$98$64
44 years$864$516$295$164$89$57
45 years$835$492$277$151$81$51
46 years$808$469$260$140$73$46
47 years$782$448$245$129$66$41
48 years$757$427$230$119$60$37
49 years$733$408$216$110$55$33
50 years$710$390$203$102$50$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $727,000, adding $6,259 every year, while hoping to spend $44,214 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: 59/17/24 Blend
66$727,000$727,000$727,000$727,000
67$807,610$769,079$757,811$849,715
68$842,943$759,721$736,154$869,742
69$880,398$748,422$712,290$886,274
70$920,145$735,041$686,098$903,351
71$962,369$719,427$657,452$921,035
72$1,007,274$701,422$626,219$939,398
73$1,055,082$680,858$592,263$958,521
74$1,106,035$657,555$555,439$978,492
75$1,160,401$631,325$515,597$999,417
76$1,218,471$601,969$472,578$1,021,408
77$1,280,565$569,276$426,220$1,044,597
78$1,347,033$533,021$376,349$1,069,128
79$1,418,261$492,969$322,787$1,095,165
80$1,494,669$448,871$265,346$1,122,892
81$1,576,721$400,461$203,831$1,152,515
82$1,664,925$347,462$138,037$1,184,262
83$1,759,838$289,578$67,752$1,218,391
84$1,862,072$226,498$0$1,255,191
85$1,972,300$157,893$0$1,296,839
86$2,091,261$83,416$0$1,360,473
87$2,219,766$2,700$0$1,429,186
88$2,358,708$0$0$1,503,489
89$2,509,066$0$0$1,599,780
90$2,671,918$0$0$1,704,669
91$2,848,449$0$0$1,818,421
92$3,039,963$0$0$1,941,881
93$3,247,891$0$0$2,075,981
94$3,473,811$0$0$2,221,743
95$3,719,455$0$0$2,380,295
96$3,986,731$0$0$2,552,875
97$4,277,738$0$0$2,740,847
98$4,594,785$0$0$2,945,710
99$4,940,414$0$0$3,169,117
100$5,317,421$0$0$3,412,883