Can I retire at age 67 with 782,000?

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 $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%20%
1 years$64,577$64,002$63,440$62,893$62,358$59,860
2 years$31,969$31,373$30,796$30,237$29,694$27,209
3 years$21,101$20,503$19,927$19,373$18,839$16,445
4 years$15,668$15,072$14,502$13,957$13,436$11,151
5 years$12,409$11,816$11,254$10,720$10,214$8,044
6 years$10,237$9,649$9,095$8,573$8,082$6,028
7 years$8,686$8,103$7,558$7,049$6,573$4,635
8 years$7,524$6,946$6,410$5,913$5,453$3,628
9 years$6,620$6,048$5,521$5,036$4,592$2,878
10 years$5,898$5,331$4,813$4,341$3,913$2,306
11 years$5,307$4,746$4,237$3,778$3,365$1,862
12 years$4,815$4,259$3,761$3,314$2,916$1,512
13 years$4,399$3,849$3,360$2,926$2,543$1,234
14 years$4,043$3,499$3,019$2,597$2,229$1,011
15 years$3,734$3,196$2,726$2,316$1,963$831
16 years$3,465$2,933$2,471$2,074$1,735$685
17 years$3,227$2,701$2,249$1,863$1,538$565
18 years$3,016$2,496$2,053$1,679$1,368$467
19 years$2,827$2,313$1,879$1,517$1,219$387
20 years$2,658$2,149$1,725$1,374$1,089$321
21 years$2,505$2,002$1,586$1,247$974$266
22 years$2,366$1,869$1,462$1,134$873$221
23 years$2,239$1,748$1,350$1,033$784$183
24 years$2,123$1,638$1,248$942$705$153
25 years$2,016$1,537$1,156$860$634$127
26 years$1,918$1,444$1,072$787$571$106
27 years$1,827$1,359$996$720$515$88
28 years$1,743$1,281$926$660$465$73
29 years$1,665$1,208$861$605$420$61
30 years$1,592$1,141$802$555$379$51
31 years$1,524$1,079$748$510$343$42
32 years$1,460$1,021$698$469$310$35
33 years$1,400$967$652$431$281$29
34 years$1,344$916$609$396$254$24
35 years$1,292$869$569$365$230$20
36 years$1,242$825$533$336$208$17
37 years$1,195$783$498$310$189$14
38 years$1,151$744$467$285$171$12
39 years$1,109$708$437$263$155$10
40 years$1,069$674$410$243$141$8
41 years$1,031$641$384$224$128$7
42 years$996$611$361$207$116$6
43 years$962$582$338$191$105$5
44 years$929$555$318$176$96$4
45 years$898$529$298$163$87$3
46 years$869$504$280$150$79$3
47 years$841$481$263$139$72$2
48 years$814$460$247$128$65$2
49 years$788$439$232$119$59$2
50 years$764$419$219$110$54$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $782,000, adding $4,432 every year, while hoping to spend $53,775 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: 69/20/11 Blend
66$782,000$782,000$782,000$782,000
67$866,336$824,890$812,769$923,822
68$897,486$808,093$782,780$945,757
69$930,011$788,671$749,985$962,836
70$963,994$766,438$714,232$980,104
71$999,526$741,199$675,363$997,568
72$1,036,705$712,744$633,215$1,015,243
73$1,075,635$680,855$587,614$1,033,141
74$1,116,432$645,299$538,381$1,051,282
75$1,159,218$605,829$485,327$1,069,686
76$1,204,130$562,186$428,257$1,088,379
77$1,251,313$514,095$366,965$1,107,393
78$1,300,926$461,265$301,238$1,126,761
79$1,353,142$403,388$230,851$1,146,527
80$1,408,149$340,140$155,570$1,166,738
81$1,466,151$271,179$75,153$1,187,451
82$1,527,373$196,140$0$1,208,730
83$1,592,057$114,643$0$1,231,903
84$1,660,469$26,283$0$1,265,299
85$1,732,898$0$0$1,300,217
86$1,809,662$0$0$1,352,070
87$1,891,105$0$0$1,413,244
88$1,977,607$0$0$1,478,240
89$2,069,581$0$0$1,547,372
90$2,167,480$0$0$1,620,984
91$2,271,798$0$0$1,699,451
92$2,383,079$0$0$1,783,185
93$2,501,916$0$0$1,872,638
94$2,628,962$0$0$1,968,303
95$2,764,929$0$0$2,070,722
96$2,910,601$0$0$2,180,491
97$3,066,837$0$0$2,298,260
98$3,234,578$0$0$2,424,745
99$3,414,859$0$0$2,560,732
100$3,608,815$0$0$2,707,083