Can I retire at age 67 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$66,889$66,293$65,712$65,145$64,591$63,468
2 years$33,113$32,497$31,899$31,319$30,757$29,630
3 years$21,856$21,237$20,641$20,067$19,514$18,417
4 years$16,229$15,611$15,021$14,457$13,917$12,859
5 years$12,853$12,240$11,657$11,104$10,580$9,564
6 years$10,604$9,994$9,421$8,880$8,371$7,398
7 years$8,997$8,393$7,829$7,301$6,808$5,878
8 years$7,793$7,195$6,639$6,125$5,648$4,761
9 years$6,857$6,264$5,718$5,217$4,756$3,912
10 years$6,109$5,522$4,985$4,497$4,053$3,250
11 years$5,497$4,916$4,389$3,914$3,486$2,724
12 years$4,987$4,412$3,895$3,433$3,020$2,299
13 years$4,556$3,987$3,480$3,031$2,634$1,951
14 years$4,187$3,624$3,127$2,690$2,309$1,664
15 years$3,868$3,311$2,823$2,399$2,033$1,424
16 years$3,589$3,038$2,560$2,148$1,797$1,223
17 years$3,342$2,797$2,329$1,930$1,593$1,053
18 years$3,124$2,585$2,126$1,739$1,416$909
19 years$2,929$2,396$1,946$1,572$1,263$786
20 years$2,753$2,226$1,786$1,424$1,128$681
21 years$2,594$2,074$1,643$1,292$1,009$591
22 years$2,450$1,936$1,514$1,175$905$513
23 years$2,319$1,810$1,398$1,070$812$446
24 years$2,199$1,696$1,293$976$730$388
25 years$2,088$1,592$1,198$891$657$338
26 years$1,987$1,496$1,111$815$592$295
27 years$1,892$1,408$1,031$746$533$257
28 years$1,805$1,327$959$683$481$224
29 years$1,724$1,252$892$627$435$196
30 years$1,649$1,182$831$575$393$171
31 years$1,578$1,117$775$528$355$149
32 years$1,512$1,057$723$485$321$131
33 years$1,451$1,001$675$446$291$114
34 years$1,393$949$631$411$263$100
35 years$1,338$900$590$378$238$87
36 years$1,286$854$552$348$216$76
37 years$1,238$811$516$321$196$67
38 years$1,192$771$484$296$177$58
39 years$1,149$733$453$273$161$51
40 years$1,107$698$425$251$146$45
41 years$1,068$664$398$232$132$39
42 years$1,031$632$373$214$120$34
43 years$996$603$350$198$109$30
44 years$962$574$329$183$99$26
45 years$930$548$309$169$90$23
46 years$900$523$290$156$82$20
47 years$871$499$273$144$74$18
48 years$843$476$256$133$67$15
49 years$816$455$241$123$61$13
50 years$791$434$226$114$55$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $810,000, adding $4,430 every year, while hoping to spend $59,229 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: 63/18/19 Blend
66$810,000$810,000$810,000$810,000
67$897,190$854,260$841,705$949,102
68$925,684$833,099$806,882$963,421
69$955,099$808,917$768,909$971,978
70$985,467$781,502$727,615$979,939
71$1,016,821$750,631$682,826$987,250
72$1,049,194$716,069$634,358$993,855
73$1,082,622$677,567$582,019$999,694
74$1,117,141$634,859$525,609$1,004,702
75$1,152,790$587,668$464,917$1,008,813
76$1,189,609$535,698$399,726$1,011,957
77$1,227,639$478,638$329,807$1,014,058
78$1,266,924$416,157$254,922$1,015,039
79$1,307,510$347,908$174,821$1,014,814
80$1,349,443$273,522$89,244$1,013,299
81$1,392,773$192,611$0$1,010,400
82$1,437,551$104,765$0$1,006,442
83$1,483,833$9,550$0$1,020,236
84$1,531,674$0$0$1,033,625
85$1,581,135$0$0$1,065,075
86$1,632,277$0$0$1,099,553
87$1,685,167$0$0$1,135,211
88$1,739,873$0$0$1,172,097
89$1,796,467$0$0$1,210,260
90$1,855,027$0$0$1,249,752
91$1,915,633$0$0$1,290,627
92$1,978,369$0$0$1,332,944
93$2,043,326$0$0$1,376,763
94$2,110,598$0$0$1,422,149
95$2,180,285$0$0$1,469,171
96$2,252,494$0$0$1,517,901
97$2,327,338$0$0$1,568,416
98$2,404,937$0$0$1,620,797
99$2,485,417$0$0$1,675,132
100$2,568,914$0$0$1,731,514