Can I retire at age 67 with 737,000?

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 $737,000?

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 years$60,861$60,319$59,790$59,274$58,769$57,094
2 years$30,129$29,568$29,024$28,497$27,985$26,311
3 years$19,887$19,323$18,781$18,258$17,755$16,133
4 years$14,766$14,204$13,667$13,154$12,663$11,107
5 years$11,695$11,136$10,606$10,104$9,626$8,140
6 years$9,648$9,094$8,572$8,080$7,617$6,201
7 years$8,187$7,637$7,123$6,643$6,195$4,850
8 years$7,091$6,546$6,041$5,573$5,139$3,865
9 years$6,239$5,700$5,203$4,747$4,328$3,123
10 years$5,558$5,024$4,536$4,092$3,688$2,550
11 years$5,001$4,473$3,994$3,561$3,171$2,099
12 years$4,538$4,014$3,544$3,123$2,748$1,739
13 years$4,146$3,628$3,166$2,758$2,397$1,449
14 years$3,810$3,298$2,845$2,448$2,101$1,212
15 years$3,519$3,012$2,569$2,183$1,850$1,018
16 years$3,265$2,764$2,329$1,955$1,635$857
17 years$3,041$2,545$2,119$1,756$1,449$723
18 years$2,842$2,352$1,935$1,583$1,289$611
19 years$2,665$2,180$1,771$1,430$1,149$518
20 years$2,505$2,026$1,625$1,295$1,026$439
21 years$2,360$1,887$1,495$1,176$918$373
22 years$2,229$1,761$1,378$1,069$823$317
23 years$2,110$1,647$1,272$973$739$270
24 years$2,001$1,543$1,177$888$664$229
25 years$1,900$1,448$1,090$811$598$195
26 years$1,808$1,361$1,011$741$538$167
27 years$1,722$1,281$939$679$485$142
28 years$1,643$1,207$872$622$438$121
29 years$1,569$1,139$812$570$395$103
30 years$1,500$1,075$756$523$357$88
31 years$1,436$1,017$705$481$323$75
32 years$1,376$962$658$442$292$64
33 years$1,320$911$614$406$264$55
34 years$1,267$863$574$374$239$47
35 years$1,217$819$537$344$217$40
36 years$1,171$777$502$317$196$34
37 years$1,126$738$470$292$178$29
38 years$1,085$702$440$269$161$25
39 years$1,045$667$412$248$146$21
40 years$1,008$635$386$229$133$18
41 years$972$604$362$211$120$16
42 years$938$575$340$195$109$13
43 years$906$548$319$180$99$11
44 years$876$523$299$166$90$10
45 years$847$498$281$153$82$8
46 years$819$475$264$142$74$7
47 years$792$454$248$131$67$6
48 years$767$433$233$121$61$5
49 years$743$414$219$112$56$4
50 years$720$395$206$103$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $737,000, adding $6,156 every year, while hoping to spend $27,513 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: 32/38/30 Blend
66$737,000$737,000$737,000$737,000
67$818,524$779,463$768,039$837,095
68$872,740$788,383$764,495$860,855
69$931,563$796,818$759,910$883,596
70$995,436$804,715$754,220$907,562
71$1,064,842$812,018$747,358$932,881
72$1,140,316$818,667$739,255$959,696
73$1,222,445$824,598$729,836$988,165
74$1,311,873$829,742$719,025$1,018,466
75$1,409,313$834,028$706,740$1,050,795
76$1,515,545$837,378$692,899$1,085,371
77$1,631,432$839,711$677,412$1,122,438
78$1,757,920$840,939$660,188$1,162,267
79$1,896,053$840,969$641,128$1,205,158
80$2,046,978$839,704$620,134$1,251,446
81$2,211,959$837,040$597,098$1,301,502
82$2,392,388$832,864$571,910$1,355,740
83$2,589,798$827,061$544,456$1,414,616
84$2,805,876$819,504$514,613$1,478,638
85$3,042,478$810,063$482,255$1,548,371
86$3,301,652$798,597$447,252$1,624,438
87$3,585,650$784,958$409,464$1,707,533
88$3,896,953$768,988$368,748$1,798,423
89$4,238,295$750,521$324,954$1,897,959
90$4,612,685$729,381$277,924$2,007,084
91$5,023,438$705,380$227,494$2,126,841
92$5,474,206$678,321$173,493$2,258,386
93$5,969,012$647,995$115,741$2,402,999
94$6,512,286$614,181$54,053$2,562,096
95$7,108,908$576,645$0$2,737,246
96$7,764,255$535,140$0$2,933,952
97$8,484,250$489,403$0$3,169,073
98$9,275,418$439,158$0$3,427,478
99$10,144,947$384,113$0$3,711,585
100$11,100,757$323,959$0$4,024,063