Can I retire at age 67 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$62,099$61,546$61,007$60,480$59,966$59,638
2 years$30,742$30,170$29,615$29,077$28,555$28,224
3 years$20,291$19,716$19,163$18,630$18,116$17,793
4 years$15,067$14,494$13,946$13,422$12,921$12,607
5 years$11,933$11,363$10,822$10,309$9,822$9,519
6 years$9,844$9,279$8,746$8,244$7,772$7,480
7 years$8,353$7,792$7,268$6,778$6,321$6,040
8 years$7,235$6,679$6,164$5,686$5,244$4,974
9 years$6,366$5,816$5,309$4,843$4,416$4,158
10 years$5,671$5,126$4,628$4,175$3,763$3,515
11 years$5,103$4,564$4,075$3,633$3,236$2,999
12 years$4,630$4,096$3,616$3,187$2,804$2,578
13 years$4,230$3,702$3,231$2,814$2,445$2,230
14 years$3,888$3,365$2,903$2,498$2,144$1,938
15 years$3,591$3,074$2,621$2,227$1,887$1,692
16 years$3,332$2,820$2,376$1,994$1,668$1,483
17 years$3,103$2,597$2,162$1,792$1,479$1,303
18 years$2,900$2,400$1,974$1,615$1,315$1,148
19 years$2,719$2,224$1,807$1,459$1,172$1,014
20 years$2,556$2,067$1,658$1,322$1,047$897
21 years$2,409$1,925$1,525$1,199$937$796
22 years$2,275$1,797$1,406$1,091$840$706
23 years$2,153$1,681$1,298$993$754$628
24 years$2,041$1,575$1,201$906$678$559
25 years$1,939$1,478$1,112$827$610$498
26 years$1,844$1,389$1,031$756$549$444
27 years$1,757$1,307$958$692$495$396
28 years$1,676$1,232$890$634$447$354
29 years$1,601$1,162$828$582$403$316
30 years$1,531$1,097$772$534$365$283
31 years$1,465$1,037$719$490$330$253
32 years$1,404$982$671$451$298$227
33 years$1,347$930$627$414$270$203
34 years$1,293$881$586$381$244$182
35 years$1,242$836$547$351$221$163
36 years$1,194$793$512$323$200$146
37 years$1,149$753$479$298$182$131
38 years$1,107$716$449$275$165$117
39 years$1,066$681$421$253$149$105
40 years$1,028$648$394$233$135$94
41 years$992$617$370$215$123$85
42 years$957$587$347$199$112$76
43 years$925$559$325$184$101$68
44 years$893$533$305$169$92$61
45 years$864$509$287$156$83$55
46 years$835$485$269$145$76$49
47 years$808$463$253$134$69$44
48 years$783$442$238$123$62$40
49 years$758$422$224$114$57$36
50 years$734$403$210$105$52$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $752,000, adding $4,130 every year, while hoping to spend $55,252 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: 31/48/21 Blend
66$752,000$752,000$752,000$752,000
67$832,964$793,108$781,452$853,241
68$859,139$773,183$748,843$848,992
69$886,131$750,429$713,290$839,155
70$913,967$724,651$674,635$827,414
71$942,672$695,638$632,716$813,636
72$972,272$663,172$587,359$797,683
73$1,002,795$627,019$538,387$779,409
74$1,034,269$586,932$485,612$758,656
75$1,066,723$542,650$428,838$735,263
76$1,100,186$493,897$367,862$709,056
77$1,134,689$440,382$302,469$679,852
78$1,170,263$381,797$232,438$647,459
79$1,206,941$317,816$157,536$611,674
80$1,244,755$248,095$77,519$572,282
81$1,283,740$172,271$0$529,057
82$1,323,929$89,961$0$483,524
83$1,365,359$758$0$452,319
84$1,408,067$0$0$417,852
85$1,452,089$0$0$430,487
86$1,497,463$0$0$443,923
87$1,544,230$0$0$457,768
88$1,592,429$0$0$472,036
89$1,642,100$0$0$486,738
90$1,693,286$0$0$501,886
91$1,746,030$0$0$517,492
92$1,800,374$0$0$533,569
93$1,856,363$0$0$550,129
94$1,914,042$0$0$567,186
95$1,973,457$0$0$584,753
96$2,034,654$0$0$602,842
97$2,097,680$0$0$621,468
98$2,162,583$0$0$640,643
99$2,229,410$0$0$660,381
100$2,298,210$0$0$680,696