Can I retire at age 67 with 765,000?

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 $765,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$63,173$62,610$62,061$61,525$61,002$59,287
2 years$31,274$30,691$30,127$29,580$29,049$27,334
3 years$20,642$20,057$19,494$18,952$18,430$16,769
4 years$15,327$14,744$14,187$13,654$13,144$11,550
5 years$12,139$11,560$11,009$10,487$9,992$8,469
6 years$10,015$9,439$8,897$8,387$7,906$6,456
7 years$8,498$7,927$7,394$6,895$6,430$5,052
8 years$7,360$6,795$6,270$5,784$5,334$4,028
9 years$6,476$5,916$5,401$4,927$4,492$3,256
10 years$5,769$5,215$4,708$4,247$3,828$2,661
11 years$5,191$4,642$4,145$3,696$3,292$2,192
12 years$4,710$4,167$3,679$3,242$2,853$1,817
13 years$4,303$3,766$3,287$2,862$2,488$1,515
14 years$3,955$3,423$2,953$2,541$2,181$1,268
15 years$3,653$3,127$2,666$2,266$1,920$1,065
16 years$3,389$2,869$2,417$2,029$1,697$898
17 years$3,157$2,642$2,200$1,823$1,505$758
18 years$2,950$2,441$2,008$1,643$1,338$641
19 years$2,766$2,263$1,838$1,484$1,192$544
20 years$2,600$2,103$1,687$1,344$1,065$461
21 years$2,450$1,958$1,552$1,220$953$392
22 years$2,314$1,828$1,430$1,109$854$334
23 years$2,190$1,710$1,321$1,010$767$284
24 years$2,077$1,602$1,221$922$689$242
25 years$1,972$1,503$1,131$842$620$206
26 years$1,876$1,413$1,049$770$559$176
27 years$1,787$1,330$974$704$504$150
28 years$1,705$1,253$906$645$455$128
29 years$1,628$1,182$843$592$410$109
30 years$1,557$1,116$785$543$371$93
31 years$1,491$1,055$732$499$335$80
32 years$1,428$999$683$458$303$68
33 years$1,370$946$638$422$274$58
34 years$1,315$896$596$388$249$50
35 years$1,264$850$557$357$225$43
36 years$1,215$807$521$329$204$36
37 years$1,169$766$488$303$185$31
38 years$1,126$728$457$279$168$27
39 years$1,085$693$428$257$152$23
40 years$1,046$659$401$237$138$19
41 years$1,009$627$376$219$125$17
42 years$974$597$353$202$113$14
43 years$941$569$331$187$103$12
44 years$909$542$311$172$93$10
45 years$879$517$292$159$85$9
46 years$850$493$274$147$77$8
47 years$822$471$257$136$70$7
48 years$796$450$242$126$64$6
49 years$771$429$227$116$58$5
50 years$747$410$214$107$52$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $765,000, adding $6,351 every year, while hoping to spend $49,131 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: 56/20/24 Blend
66$765,000$765,000$765,000$765,000
67$849,581$809,036$797,179$891,270
68$883,963$796,404$771,609$907,905
69$920,206$781,506$743,536$920,306
70$958,447$764,180$712,825$932,780
71$998,836$744,252$679,332$945,348
72$1,041,538$721,541$642,910$958,037
73$1,086,731$695,853$603,404$970,878
74$1,134,611$666,983$560,652$983,908
75$1,185,392$634,715$514,483$997,173
76$1,239,306$598,821$464,723$1,010,725
77$1,296,609$559,057$411,185$1,024,624
78$1,357,580$515,167$353,676$1,038,941
79$1,422,524$466,882$291,996$1,053,758
80$1,491,777$413,915$225,933$1,069,171
81$1,565,705$355,963$155,268$1,085,286
82$1,644,708$292,707$79,772$1,102,228
83$1,729,229$223,809$0$1,120,139
84$1,819,748$148,914$0$1,139,384
85$1,916,795$67,644$0$1,181,755
86$2,020,952$0$0$1,227,078
87$2,132,854$0$0$1,280,147
88$2,253,203$0$0$1,353,279
89$2,382,765$0$0$1,432,062
90$2,522,384$0$0$1,517,015
91$2,672,986$0$0$1,608,707
92$2,835,589$0$0$1,707,766
93$3,011,312$0$0$1,814,881
94$3,201,383$0$0$1,930,808
95$3,407,152$0$0$2,056,381
96$3,630,107$0$0$2,192,514
97$3,871,878$0$0$2,340,213
98$4,134,262$0$0$2,500,586
99$4,419,234$0$0$2,674,849
100$4,728,967$0$0$2,864,343