Can I retire at age 67 with 735,000?

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 $735,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$60,696$60,155$59,627$59,113$58,610$57,031
2 years$30,047$29,488$28,945$28,420$27,909$26,330
3 years$19,833$19,271$18,730$18,209$17,707$16,176
4 years$14,726$14,166$13,630$13,118$12,629$11,159
5 years$11,663$11,106$10,578$10,076$9,600$8,195
6 years$9,622$9,069$8,548$8,058$7,596$6,257
7 years$8,164$7,616$7,104$6,625$6,178$4,905
8 years$7,072$6,528$6,025$5,557$5,125$3,918
9 years$6,222$5,684$5,189$4,734$4,316$3,173
10 years$5,543$5,010$4,524$4,081$3,678$2,597
11 years$4,988$4,460$3,983$3,551$3,163$2,144
12 years$4,525$4,003$3,535$3,115$2,741$1,781
13 years$4,134$3,618$3,158$2,750$2,390$1,488
14 years$3,800$3,289$2,837$2,441$2,095$1,248
15 years$3,510$3,004$2,562$2,177$1,845$1,051
16 years$3,256$2,756$2,323$1,949$1,630$887
17 years$3,033$2,538$2,113$1,751$1,446$751
18 years$2,835$2,346$1,929$1,578$1,285$637
19 years$2,657$2,174$1,766$1,426$1,146$541
20 years$2,498$2,020$1,621$1,292$1,023$460
21 years$2,354$1,882$1,491$1,172$916$392
22 years$2,223$1,756$1,374$1,066$821$334
23 years$2,104$1,643$1,269$971$737$285
24 years$1,995$1,539$1,173$885$662$243
25 years$1,895$1,444$1,087$809$596$208
26 years$1,803$1,358$1,008$739$537$178
27 years$1,717$1,278$936$677$484$152
28 years$1,638$1,204$870$620$437$130
29 years$1,565$1,136$810$569$394$111
30 years$1,496$1,073$754$522$356$95
31 years$1,432$1,014$703$479$322$82
32 years$1,372$959$656$440$291$70
33 years$1,316$909$613$405$264$60
34 years$1,264$861$572$373$239$51
35 years$1,214$817$535$343$216$44
36 years$1,167$775$501$316$196$38
37 years$1,123$736$469$291$178$32
38 years$1,082$700$439$268$161$28
39 years$1,042$665$411$247$146$24
40 years$1,005$633$385$228$132$20
41 years$969$603$361$211$120$17
42 years$936$574$339$194$109$15
43 years$904$547$318$179$99$13
44 years$873$521$298$166$90$11
45 years$844$497$280$153$82$9
46 years$817$474$263$141$74$8
47 years$790$452$247$131$67$7
48 years$765$432$232$121$61$6
49 years$741$412$218$111$55$5
50 years$718$394$205$103$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $735,000, adding $4,985 every year, while hoping to spend $28,177 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: 54/36/10 Blend
66$735,000$735,000$735,000$735,000
67$815,112$776,157$764,765$856,812
68$868,273$784,209$760,404$893,709
69$925,913$791,710$754,953$930,350
70$988,457$798,606$748,345$969,565
71$1,056,376$804,834$740,512$1,011,601
72$1,130,187$810,331$731,379$1,056,735
73$1,210,457$815,028$720,871$1,105,271
74$1,297,812$818,853$708,908$1,157,546
75$1,392,940$821,727$695,408$1,213,931
76$1,496,597$823,569$680,281$1,274,837
77$1,609,617$824,291$663,438$1,340,717
78$1,732,916$823,800$644,781$1,412,072
79$1,867,504$821,997$624,212$1,489,454
80$2,014,492$818,777$601,626$1,573,474
81$2,175,103$814,030$576,913$1,664,808
82$2,350,683$807,636$549,959$1,764,199
83$2,542,713$799,472$520,643$1,872,470
84$2,752,828$789,403$488,842$1,990,531
85$2,982,822$777,290$454,425$2,119,382
86$3,234,676$762,984$417,254$2,260,133
87$3,510,569$746,326$377,188$2,414,006
88$3,812,901$727,149$334,077$2,582,349
89$4,144,314$705,277$287,766$2,766,654
90$4,507,720$680,522$238,093$2,968,565
91$4,906,325$652,685$184,887$3,189,898
92$5,343,661$621,557$127,971$3,432,657
93$5,823,617$586,916$67,160$3,699,054
94$6,350,478$548,527$2,262$3,991,530
95$6,928,963$506,141$0$4,312,779
96$7,564,273$459,497$0$4,672,923
97$8,262,133$408,317$0$5,068,817
98$9,028,854$352,308$0$5,503,862
99$9,871,385$291,160$0$5,982,078
100$10,797,385$224,545$0$6,507,899