Can I retire at age 67 with 767,000?

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 $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%17.2%
1 years$63,338$62,774$62,224$61,686$61,162$59,370
2 years$31,356$30,772$30,206$29,657$29,125$27,334
3 years$20,696$20,110$19,545$19,001$18,478$16,745
4 years$15,367$14,783$14,224$13,689$13,179$11,516
5 years$12,171$11,590$11,038$10,515$10,018$8,431
6 years$10,041$9,464$8,921$8,409$7,927$6,416
7 years$8,520$7,948$7,413$6,913$6,447$5,012
8 years$7,380$6,813$6,287$5,799$5,348$3,989
9 years$6,493$5,932$5,415$4,940$4,504$3,219
10 years$5,784$5,229$4,721$4,258$3,838$2,625
11 years$5,205$4,655$4,156$3,706$3,300$2,159
12 years$4,722$4,178$3,688$3,251$2,860$1,786
13 years$4,314$3,775$3,295$2,870$2,494$1,486
14 years$3,965$3,432$2,961$2,547$2,186$1,241
15 years$3,663$3,135$2,673$2,272$1,925$1,041
16 years$3,398$2,876$2,424$2,034$1,701$875
17 years$3,165$2,649$2,206$1,828$1,508$737
18 years$2,958$2,448$2,013$1,647$1,341$622
19 years$2,773$2,269$1,843$1,488$1,196$526
20 years$2,607$2,108$1,692$1,348$1,068$446
21 years$2,457$1,964$1,556$1,223$956$378
22 years$2,320$1,833$1,434$1,112$857$321
23 years$2,196$1,714$1,324$1,013$769$272
24 years$2,082$1,606$1,224$924$691$232
25 years$1,977$1,507$1,134$844$622$197
26 years$1,881$1,417$1,052$772$560$168
27 years$1,792$1,333$977$706$505$143
28 years$1,709$1,256$908$647$456$121
29 years$1,633$1,185$845$593$412$103
30 years$1,561$1,119$787$545$372$88
31 years$1,495$1,058$734$500$336$75
32 years$1,432$1,001$685$460$304$64
33 years$1,374$948$639$423$275$55
34 years$1,319$899$597$389$249$47
35 years$1,267$852$558$358$226$40
36 years$1,218$809$522$330$204$34
37 years$1,172$768$489$304$185$29
38 years$1,129$730$458$280$168$25
39 years$1,088$694$429$258$152$21
40 years$1,049$661$402$238$138$18
41 years$1,012$629$377$220$125$15
42 years$977$599$354$203$114$13
43 years$943$571$332$187$103$11
44 years$911$544$311$173$94$9
45 years$881$519$292$160$85$8
46 years$852$495$275$147$77$7
47 years$825$472$258$136$70$6
48 years$798$451$243$126$64$5
49 years$773$430$228$116$58$4
50 years$749$411$214$108$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $767,000, adding $4,925 every year, while hoping to spend $47,411 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: 67/23/10 Blend
66$767,000$767,000$767,000$767,000
67$850,314$809,663$797,775$905,197
68$886,601$798,892$774,055$931,545
69$925,001$786,003$747,952$954,222
70$965,678$770,845$719,335$977,776
71$1,008,813$753,252$688,069$1,002,289
72$1,054,604$733,054$654,012$1,027,850
73$1,103,267$710,067$617,015$1,054,560
74$1,155,039$684,098$576,923$1,082,529
75$1,210,176$654,943$533,574$1,111,884
76$1,268,964$622,385$486,798$1,142,763
77$1,331,711$586,195$436,419$1,175,323
78$1,398,758$546,130$382,251$1,209,736
79$1,470,477$501,937$324,102$1,246,197
80$1,547,276$453,342$261,770$1,284,920
81$1,629,604$400,061$195,045$1,326,145
82$1,717,950$341,791$123,706$1,370,141
83$1,812,855$278,213$47,524$1,417,203
84$1,914,910$208,989$0$1,467,664
85$2,024,765$133,763$0$1,525,495
86$2,143,133$52,159$0$1,593,147
87$2,270,797$0$0$1,666,027
88$2,408,618$0$0$1,753,835
89$2,557,543$0$0$1,863,019
90$2,718,610$0$0$1,981,144
91$2,892,962$0$0$2,109,052
92$3,081,855$0$0$2,247,671
93$3,286,670$0$0$2,398,019
94$3,508,926$0$0$2,561,217
95$3,750,294$0$0$2,738,497
96$4,012,609$0$0$2,931,215
97$4,297,894$0$0$3,140,861
98$4,608,373$0$0$3,369,078
99$4,946,490$0$0$3,617,669
100$5,314,940$0$0$3,888,623