Can I retire at age 67 with 782,000?

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 $782,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$64,577$64,002$63,440$62,893$62,358$60,875
2 years$31,969$31,373$30,796$30,237$29,694$28,209
3 years$21,101$20,503$19,927$19,373$18,839$17,398
4 years$15,668$15,072$14,502$13,957$13,436$12,050
5 years$12,409$11,816$11,254$10,720$10,214$8,887
6 years$10,237$9,649$9,095$8,573$8,082$6,815
7 years$8,686$8,103$7,558$7,049$6,573$5,366
8 years$7,524$6,946$6,410$5,913$5,453$4,306
9 years$6,620$6,048$5,521$5,036$4,592$3,505
10 years$5,898$5,331$4,813$4,341$3,913$2,883
11 years$5,307$4,746$4,237$3,778$3,365$2,392
12 years$4,815$4,259$3,761$3,314$2,916$1,998
13 years$4,399$3,849$3,360$2,926$2,543$1,678
14 years$4,043$3,499$3,019$2,597$2,229$1,415
15 years$3,734$3,196$2,726$2,316$1,963$1,198
16 years$3,465$2,933$2,471$2,074$1,735$1,017
17 years$3,227$2,701$2,249$1,863$1,538$866
18 years$3,016$2,496$2,053$1,679$1,368$739
19 years$2,827$2,313$1,879$1,517$1,219$631
20 years$2,658$2,149$1,725$1,374$1,089$540
21 years$2,505$2,002$1,586$1,247$974$463
22 years$2,366$1,869$1,462$1,134$873$397
23 years$2,239$1,748$1,350$1,033$784$341
24 years$2,123$1,638$1,248$942$705$293
25 years$2,016$1,537$1,156$860$634$252
26 years$1,918$1,444$1,072$787$571$217
27 years$1,827$1,359$996$720$515$187
28 years$1,743$1,281$926$660$465$161
29 years$1,665$1,208$861$605$420$139
30 years$1,592$1,141$802$555$379$119
31 years$1,524$1,079$748$510$343$103
32 years$1,460$1,021$698$469$310$89
33 years$1,400$967$652$431$281$77
34 years$1,344$916$609$396$254$66
35 years$1,292$869$569$365$230$57
36 years$1,242$825$533$336$208$49
37 years$1,195$783$498$310$189$42
38 years$1,151$744$467$285$171$37
39 years$1,109$708$437$263$155$32
40 years$1,069$674$410$243$141$27
41 years$1,031$641$384$224$128$24
42 years$996$611$361$207$116$20
43 years$962$582$338$191$105$18
44 years$929$555$318$176$96$15
45 years$898$529$298$163$87$13
46 years$869$504$280$150$79$11
47 years$841$481$263$139$72$10
48 years$814$460$247$128$65$8
49 years$788$439$232$119$59$7
50 years$764$419$219$110$54$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $782,000, adding $4,978 every year, while hoping to spend $28,204 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: 45/33/22 Blend
66$782,000$782,000$782,000$782,000
67$866,899$825,453$813,332$900,213
68$925,314$835,891$810,570$934,607
69$988,742$845,896$806,770$968,725
70$1,057,664$855,415$801,867$1,005,152
71$1,132,611$864,396$795,795$1,044,116
72$1,214,165$872,779$788,482$1,085,870
73$1,302,967$880,502$779,853$1,130,693
74$1,399,723$887,501$769,832$1,178,896
75$1,505,210$893,703$758,336$1,230,819
76$1,620,282$899,035$745,281$1,286,842
77$1,745,880$903,417$730,577$1,347,384
78$1,883,039$906,764$714,131$1,412,907
79$2,032,899$908,986$695,845$1,483,924
80$2,196,716$909,987$675,616$1,561,000
81$2,375,870$909,666$653,339$1,644,761
82$2,571,884$907,914$628,900$1,735,900
83$2,786,432$904,617$602,184$1,835,180
84$3,021,358$899,654$573,067$1,943,445
85$3,278,694$892,894$541,423$2,061,631
86$3,560,677$884,202$507,116$2,190,769
87$3,869,770$873,432$470,009$2,331,997
88$4,208,686$860,431$429,954$2,486,576
89$4,580,415$845,034$386,800$2,655,897
90$4,988,246$827,070$340,387$2,841,495
91$5,435,807$806,355$290,549$3,045,067
92$5,927,089$782,697$237,113$3,268,488
93$6,466,492$755,889$179,896$3,513,827
94$7,058,862$725,715$118,710$3,783,369
95$7,709,536$691,946$53,357$4,079,636
96$8,424,395$654,338$0$4,405,414
97$9,209,918$612,634$0$4,767,624
98$10,073,240$566,564$0$5,179,430
99$11,022,223$515,839$0$5,632,093
100$12,065,531$460,156$0$6,129,803