Can I retire at age 67 with 739,000?

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 $739,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$61,026$60,482$59,952$59,434$58,929$57,977
2 years$30,211$29,648$29,103$28,574$28,061$27,104
3 years$19,941$19,375$18,832$18,308$17,803$16,872
4 years$14,806$14,243$13,705$13,190$12,697$11,798
5 years$11,727$11,167$10,635$10,131$9,652$8,788
6 years$9,674$9,118$8,595$8,102$7,638$6,810
7 years$8,209$7,658$7,142$6,661$6,211$5,420
8 years$7,110$6,564$6,057$5,588$5,153$4,397
9 years$6,256$5,715$5,217$4,759$4,340$3,620
10 years$5,573$5,038$4,548$4,103$3,698$3,013
11 years$5,015$4,485$4,004$3,571$3,180$2,530
12 years$4,550$4,025$3,554$3,132$2,756$2,139
13 years$4,157$3,638$3,175$2,765$2,403$1,819
14 years$3,820$3,307$2,853$2,454$2,106$1,554
15 years$3,529$3,021$2,576$2,189$1,855$1,333
16 years$3,274$2,771$2,335$1,960$1,639$1,147
17 years$3,049$2,552$2,125$1,761$1,453$990
18 years$2,850$2,358$1,940$1,587$1,292$856
19 years$2,672$2,186$1,776$1,434$1,152$742
20 years$2,512$2,031$1,630$1,299$1,029$644
21 years$2,367$1,892$1,499$1,179$921$560
22 years$2,235$1,766$1,382$1,072$825$488
23 years$2,116$1,652$1,276$976$741$425
24 years$2,006$1,548$1,180$890$666$371
25 years$1,905$1,452$1,093$813$599$324
26 years$1,812$1,365$1,013$743$540$283
27 years$1,727$1,285$941$680$487$247
28 years$1,647$1,210$875$623$439$216
29 years$1,573$1,142$814$572$396$189
30 years$1,504$1,078$758$525$358$166
31 years$1,440$1,019$707$482$324$145
32 years$1,380$965$660$443$293$127
33 years$1,323$913$616$407$265$111
34 years$1,270$866$575$375$240$98
35 years$1,221$821$538$345$217$86
36 years$1,174$779$503$318$197$75
37 years$1,129$740$471$293$179$66
38 years$1,088$704$441$270$162$58
39 years$1,048$669$413$249$147$51
40 years$1,010$636$387$229$133$44
41 years$975$606$363$212$121$39
42 years$941$577$341$195$110$34
43 years$909$550$320$180$99$30
44 years$878$524$300$167$90$26
45 years$849$500$282$154$82$23
46 years$821$477$265$142$74$20
47 years$794$455$249$131$68$18
48 years$769$434$234$121$61$16
49 years$745$415$220$112$56$14
50 years$722$396$206$104$51$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $739,000, adding $4,372 every year, while hoping to spend $45,248 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: 60/11/29 Blend
66$739,000$739,000$739,000$739,000
67$818,888$779,721$768,266$861,337
68$854,271$769,784$745,860$880,888
69$891,746$757,843$721,186$897,010
70$931,480$743,753$694,121$913,664
71$973,653$727,359$664,536$930,913
72$1,018,464$708,497$632,296$948,829
73$1,066,128$686,994$597,259$967,493
74$1,116,883$662,667$559,277$986,997
75$1,170,988$635,321$518,196$1,007,442
76$1,228,728$604,751$473,855$1,028,947
77$1,290,414$570,739$426,084$1,051,639
78$1,356,386$533,056$374,709$1,075,667
79$1,427,021$491,459$319,544$1,101,195
80$1,502,726$445,690$260,399$1,128,406
81$1,583,954$395,478$197,071$1,157,508
82$1,671,197$340,536$129,353$1,188,730
83$1,764,998$280,561$57,025$1,222,331
84$1,865,951$215,232$0$1,258,600
85$1,974,711$144,211$0$1,304,097
86$2,091,995$67,141$0$1,372,178
87$2,218,592$0$0$1,445,657
88$2,355,368$0$0$1,527,040
89$2,503,275$0$0$1,623,881
90$2,663,360$0$0$1,728,743
91$2,836,773$0$0$1,842,388
92$3,024,780$0$0$1,965,649
93$3,228,771$0$0$2,099,446
94$3,450,276$0$0$2,244,790
95$3,690,978$0$0$2,402,791
96$3,952,728$0$0$2,574,673
97$4,237,562$0$0$2,761,781
98$4,547,722$0$0$2,965,596
99$4,885,672$0$0$3,187,746
100$5,254,128$0$0$3,430,025