Can I retire at age 67 with 767,000?

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 $767,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$63,338$62,774$62,224$61,686$61,162$60,273
2 years$31,356$30,772$30,206$29,657$29,125$28,231
3 years$20,696$20,110$19,545$19,001$18,478$17,607
4 years$15,367$14,783$14,224$13,689$13,179$12,337
5 years$12,171$11,590$11,038$10,515$10,018$9,209
6 years$10,041$9,464$8,921$8,409$7,927$7,151
7 years$8,520$7,948$7,413$6,913$6,447$5,704
8 years$7,380$6,813$6,287$5,799$5,348$4,639
9 years$6,493$5,932$5,415$4,940$4,504$3,828
10 years$5,784$5,229$4,721$4,258$3,838$3,194
11 years$5,205$4,655$4,156$3,706$3,300$2,688
12 years$4,722$4,178$3,688$3,251$2,860$2,279
13 years$4,314$3,775$3,295$2,870$2,494$1,943
14 years$3,965$3,432$2,961$2,547$2,186$1,665
15 years$3,663$3,135$2,673$2,272$1,925$1,432
16 years$3,398$2,876$2,424$2,034$1,701$1,236
17 years$3,165$2,649$2,206$1,828$1,508$1,069
18 years$2,958$2,448$2,013$1,647$1,341$928
19 years$2,773$2,269$1,843$1,488$1,196$806
20 years$2,607$2,108$1,692$1,348$1,068$702
21 years$2,457$1,964$1,556$1,223$956$612
22 years$2,320$1,833$1,434$1,112$857$535
23 years$2,196$1,714$1,324$1,013$769$468
24 years$2,082$1,606$1,224$924$691$409
25 years$1,977$1,507$1,134$844$622$358
26 years$1,881$1,417$1,052$772$560$314
27 years$1,792$1,333$977$706$505$275
28 years$1,709$1,256$908$647$456$242
29 years$1,633$1,185$845$593$412$212
30 years$1,561$1,119$787$545$372$186
31 years$1,495$1,058$734$500$336$164
32 years$1,432$1,001$685$460$304$144
33 years$1,374$948$639$423$275$127
34 years$1,319$899$597$389$249$111
35 years$1,267$852$558$358$226$98
36 years$1,218$809$522$330$204$86
37 years$1,172$768$489$304$185$76
38 years$1,129$730$458$280$168$67
39 years$1,088$694$429$258$152$59
40 years$1,049$661$402$238$138$52
41 years$1,012$629$377$220$125$46
42 years$977$599$354$203$114$40
43 years$943$571$332$187$103$35
44 years$911$544$311$173$94$31
45 years$881$519$292$160$85$27
46 years$852$495$275$147$77$24
47 years$825$472$258$136$70$21
48 years$798$451$243$126$64$19
49 years$773$430$228$116$58$16
50 years$749$411$214$108$53$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $767,000, adding $6,826 every year, while hoping to spend $31,475 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: 68/8/24 Blend
66$767,000$767,000$767,000$767,000
67$852,275$811,624$799,736$904,566
68$905,718$817,904$793,038$946,776
69$963,557$823,438$785,060$988,689
70$1,026,208$828,154$775,728$1,033,807
71$1,094,126$831,979$764,960$1,082,444
72$1,167,815$834,833$752,674$1,134,949
73$1,247,825$836,634$738,781$1,191,708
74$1,334,765$837,290$723,192$1,253,146
75$1,429,302$836,708$705,810$1,319,731
76$1,532,171$834,787$686,535$1,391,981
77$1,644,180$831,420$665,262$1,470,467
78$1,766,220$826,493$641,882$1,555,820
79$1,899,270$819,886$616,280$1,648,734
80$2,044,407$811,472$588,337$1,749,978
81$2,202,817$801,115$557,927$1,860,396
82$2,375,807$788,672$524,919$1,980,925
83$2,564,812$773,990$489,178$2,112,593
84$2,771,417$756,910$450,559$2,256,539
85$2,997,363$737,259$408,914$2,414,015
86$3,244,567$714,859$364,086$2,586,407
87$3,515,143$689,517$315,913$2,775,240
88$3,811,417$661,032$264,225$2,982,199
89$4,135,948$629,189$208,843$3,209,141
90$4,491,559$593,763$149,583$3,458,114
91$4,881,354$554,514$86,251$3,731,378
92$5,308,756$511,189$18,644$4,031,426
93$5,777,532$463,521$0$4,361,006
94$6,291,833$411,226$0$4,736,853
95$6,856,230$354,006$0$5,154,593
96$7,475,758$291,545$0$5,613,195
97$8,155,964$223,509$0$6,116,786
98$8,902,958$149,547$0$6,669,914
99$9,723,471$69,285$0$7,277,592
100$10,624,916$0$0$7,945,342