Can I retire at age 67 with 768,000?

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 $768,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$63,421$62,856$62,305$61,767$61,241$58,858
2 years$31,396$30,812$30,245$29,696$29,163$26,790
3 years$20,723$20,136$19,571$19,026$18,502$16,215
4 years$15,387$14,802$14,242$13,707$13,196$11,012
5 years$12,187$11,605$11,053$10,529$10,031$7,956
6 years$10,054$9,476$8,932$8,420$7,937$5,972
7 years$8,531$7,958$7,423$6,922$6,455$4,599
8 years$7,389$6,822$6,295$5,807$5,355$3,607
9 years$6,502$5,939$5,422$4,946$4,510$2,867
10 years$5,792$5,235$4,727$4,264$3,843$2,301
11 years$5,212$4,661$4,162$3,711$3,305$1,862
12 years$4,729$4,183$3,693$3,255$2,864$1,515
13 years$4,320$3,780$3,300$2,873$2,497$1,239
14 years$3,970$3,436$2,965$2,551$2,189$1,017
15 years$3,667$3,139$2,677$2,275$1,927$838
16 years$3,403$2,880$2,427$2,037$1,704$692
17 years$3,169$2,652$2,208$1,830$1,510$572
18 years$2,962$2,451$2,016$1,649$1,343$474
19 years$2,777$2,272$1,846$1,490$1,197$394
20 years$2,610$2,111$1,694$1,350$1,069$327
21 years$2,460$1,966$1,558$1,225$957$272
22 years$2,323$1,835$1,436$1,114$858$226
23 years$2,199$1,717$1,326$1,014$770$188
24 years$2,085$1,608$1,226$925$692$157
25 years$1,980$1,509$1,136$845$623$131
26 years$1,884$1,418$1,053$773$561$109
27 years$1,794$1,335$978$707$506$91
28 years$1,712$1,258$909$648$456$76
29 years$1,635$1,187$846$594$412$63
30 years$1,563$1,121$788$545$372$53
31 years$1,496$1,059$735$501$337$44
32 years$1,434$1,002$685$460$304$37
33 years$1,375$949$640$423$276$31
34 years$1,320$900$598$389$249$26
35 years$1,269$853$559$358$226$21
36 years$1,220$810$523$330$205$18
37 years$1,174$769$490$304$186$15
38 years$1,130$731$458$280$168$13
39 years$1,089$695$430$259$153$10
40 years$1,050$661$403$238$138$9
41 years$1,013$630$377$220$126$7
42 years$978$600$354$203$114$6
43 years$944$571$332$187$103$5
44 years$912$545$312$173$94$4
45 years$882$519$293$160$85$4
46 years$853$495$275$148$77$3
47 years$826$473$258$136$70$2
48 years$799$451$243$126$64$2
49 years$774$431$228$116$58$2
50 years$750$412$215$108$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $768,000, adding $3,114 every year, while hoping to spend $26,897 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: 74/20/6 Blend
66$768,000$768,000$768,000$768,000
67$849,548$808,844$796,940$911,623
68$907,584$819,859$795,019$963,920
69$970,638$830,513$792,133$1,017,474
70$1,039,193$840,758$788,220$1,075,368
71$1,113,782$850,547$783,216$1,138,021
72$1,194,990$859,825$777,056$1,205,895
73$1,283,460$868,538$769,669$1,279,500
74$1,379,902$876,625$760,981$1,359,396
75$1,485,095$884,023$750,917$1,446,201
76$1,599,897$890,663$739,396$1,540,597
77$1,725,254$896,473$726,333$1,643,333
78$1,862,206$901,376$711,641$1,755,235
79$2,011,897$905,289$695,227$1,877,217
80$2,175,589$908,127$676,996$2,010,280
81$2,354,670$909,796$656,846$2,155,531
82$2,550,668$910,197$634,672$2,314,190
83$2,765,266$909,227$610,363$2,487,601
84$3,000,317$906,773$583,804$2,677,245
85$3,257,863$902,719$554,876$2,884,753
86$3,540,152$896,938$523,450$3,111,925
87$3,849,658$889,299$489,397$3,360,745
88$4,189,109$879,661$452,577$3,633,397
89$4,561,508$867,874$412,848$3,932,290
90$4,970,162$853,780$370,059$4,260,081
91$5,418,716$837,213$324,053$4,619,694
92$5,911,182$817,993$274,667$5,014,356
93$6,451,982$795,935$221,728$5,447,623
94$7,045,987$770,838$165,058$5,923,413
95$7,698,561$742,492$104,471$6,446,047
96$8,415,614$710,675$39,771$7,020,284
97$9,203,659$675,150$0$7,651,374
98$10,069,869$635,669$0$8,346,975
99$11,022,146$591,967$0$9,114,427
100$12,069,198$543,767$0$9,958,224