Can I retire at age 67 with 733,000?

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 $733,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$60,530$59,991$59,465$58,952$58,450$57,937
2 years$29,966$29,407$28,867$28,342$27,834$27,316
3 years$19,779$19,218$18,679$18,159$17,659$17,153
4 years$14,686$14,127$13,593$13,083$12,594$12,105
5 years$11,631$11,076$10,549$10,049$9,574$9,102
6 years$9,596$9,044$8,525$8,036$7,576$7,121
7 years$8,142$7,595$7,084$6,607$6,161$5,725
8 years$7,052$6,511$6,008$5,542$5,111$4,693
9 years$6,205$5,669$5,175$4,721$4,304$3,905
10 years$5,528$4,997$4,512$4,069$3,667$3,286
11 years$4,974$4,448$3,972$3,542$3,154$2,790
12 years$4,513$3,993$3,525$3,106$2,733$2,386
13 years$4,123$3,608$3,149$2,743$2,384$2,053
14 years$3,789$3,280$2,830$2,435$2,089$1,775
15 years$3,500$2,996$2,555$2,171$1,840$1,542
16 years$3,247$2,749$2,316$1,944$1,626$1,343
17 years$3,025$2,532$2,108$1,747$1,442$1,174
18 years$2,827$2,339$1,924$1,574$1,282$1,029
19 years$2,650$2,168$1,761$1,422$1,143$903
20 years$2,491$2,015$1,617$1,288$1,021$795
21 years$2,348$1,877$1,487$1,169$913$700
22 years$2,217$1,752$1,370$1,063$819$618
23 years$2,098$1,638$1,265$968$735$546
24 years$1,990$1,535$1,170$883$660$483
25 years$1,890$1,441$1,084$806$594$428
26 years$1,798$1,354$1,005$737$535$379
27 years$1,713$1,274$933$675$483$336
28 years$1,634$1,201$868$618$436$298
29 years$1,560$1,133$808$567$393$265
30 years$1,492$1,070$752$520$355$235
31 years$1,428$1,011$701$478$321$209
32 years$1,369$957$654$439$291$186
33 years$1,313$906$611$404$263$166
34 years$1,260$859$571$372$238$147
35 years$1,211$815$534$342$216$131
36 years$1,164$773$499$315$195$117
37 years$1,120$734$467$290$177$104
38 years$1,079$698$438$268$161$93
39 years$1,039$664$410$247$146$82
40 years$1,002$631$384$228$132$73
41 years$967$601$360$210$120$65
42 years$933$572$338$194$109$58
43 years$901$545$317$179$99$52
44 years$871$520$298$165$90$46
45 years$842$496$280$153$81$41
46 years$814$473$263$141$74$37
47 years$788$451$247$130$67$33
48 years$763$431$232$120$61$29
49 years$739$411$218$111$55$26
50 years$716$393$205$103$50$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $733,000, adding $4,051 every year, while hoping to spend $20,519 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: 70/15/15 Blend
66$733,000$733,000$733,000$733,000
67$811,945$773,096$761,734$865,718
68$872,931$789,145$765,420$918,039
69$939,450$805,294$768,542$972,435
70$1,012,045$821,524$771,059$1,031,438
71$1,091,313$837,818$772,929$1,095,500
72$1,177,911$854,155$774,106$1,165,118
73$1,272,564$870,515$774,544$1,240,841
74$1,376,068$886,872$774,194$1,323,271
75$1,489,301$903,204$773,004$1,413,073
76$1,613,230$919,481$770,920$1,510,982
77$1,748,918$935,674$767,884$1,617,803
78$1,897,537$951,751$763,838$1,734,426
79$2,060,377$967,679$758,718$1,861,832
80$2,238,860$983,419$752,460$2,001,101
81$2,434,550$998,933$744,994$2,153,424
82$2,649,172$1,014,178$736,248$2,320,113
83$2,884,623$1,029,109$726,148$2,502,612
84$3,142,995$1,043,676$714,615$2,702,516
85$3,426,592$1,057,827$701,566$2,921,581
86$3,737,950$1,071,507$686,914$3,161,742
87$4,079,865$1,084,654$670,570$3,425,131
88$4,455,416$1,097,207$652,438$3,714,099
89$4,867,994$1,109,096$632,420$4,031,236
90$5,321,336$1,120,248$610,413$4,379,397
91$5,819,558$1,130,586$586,308$4,761,730
92$6,367,196$1,140,027$559,992$5,181,701
93$6,969,245$1,148,483$531,346$5,643,132
94$7,631,209$1,155,861$500,248$6,150,237
95$8,359,154$1,162,059$466,568$6,707,656
96$9,159,760$1,166,973$430,170$7,320,508
97$10,040,389$1,170,488$390,914$7,994,430
98$11,009,152$1,172,485$348,653$8,735,638
99$12,074,985$1,172,836$303,232$9,550,981
100$13,247,734$1,171,406$254,491$10,448,009