Can I retire at age 67 with 812,000?

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 $812,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$67,054$66,457$65,874$65,305$64,750$63,185
2 years$33,195$32,577$31,978$31,397$30,833$29,266
3 years$21,910$21,289$20,692$20,116$19,562$18,041
4 years$16,269$15,650$15,058$14,493$13,952$12,489
5 years$12,885$12,270$11,686$11,132$10,606$9,206
6 years$10,630$10,019$9,444$8,902$8,392$7,056
7 years$9,020$8,414$7,848$7,319$6,825$5,553
8 years$7,812$7,212$6,656$6,140$5,662$4,453
9 years$6,874$6,280$5,733$5,230$4,768$3,622
10 years$6,124$5,535$4,998$4,508$4,063$2,978
11 years$5,510$4,928$4,400$3,923$3,494$2,469
12 years$5,000$4,423$3,905$3,441$3,028$2,061
13 years$4,568$3,997$3,489$3,038$2,640$1,729
14 years$4,198$3,633$3,135$2,697$2,315$1,458
15 years$3,877$3,319$2,830$2,405$2,038$1,233
16 years$3,597$3,045$2,566$2,154$1,801$1,046
17 years$3,351$2,804$2,335$1,935$1,597$890
18 years$3,132$2,591$2,131$1,744$1,420$759
19 years$2,936$2,402$1,951$1,576$1,266$648
20 years$2,760$2,232$1,791$1,427$1,131$554
21 years$2,601$2,079$1,647$1,295$1,012$475
22 years$2,456$1,940$1,518$1,178$907$407
23 years$2,325$1,815$1,402$1,072$814$349
24 years$2,204$1,700$1,296$978$732$300
25 years$2,093$1,596$1,201$893$658$258
26 years$1,991$1,500$1,114$817$593$221
27 years$1,897$1,411$1,034$748$535$191
28 years$1,810$1,330$961$685$482$164
29 years$1,729$1,255$895$628$436$141
30 years$1,653$1,185$833$576$394$122
31 years$1,582$1,120$777$529$356$105
32 years$1,516$1,060$725$487$322$90
33 years$1,454$1,004$677$447$291$78
34 years$1,396$951$632$412$264$67
35 years$1,341$902$591$379$239$58
36 years$1,290$856$553$349$216$50
37 years$1,241$813$518$322$196$43
38 years$1,195$773$485$296$178$37
39 years$1,151$735$454$273$161$32
40 years$1,110$699$426$252$146$28
41 years$1,071$666$399$233$133$24
42 years$1,034$634$374$215$120$20
43 years$998$604$351$198$109$18
44 years$965$576$330$183$99$15
45 years$933$549$310$169$90$13
46 years$902$524$291$156$82$11
47 years$873$500$273$144$74$10
48 years$845$477$257$133$67$8
49 years$818$456$241$123$61$7
50 years$793$435$227$114$56$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $812,000, adding $3,798 every year, while hoping to spend $25,329 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: 56/30/14 Blend
66$812,000$812,000$812,000$812,000
67$898,742$855,706$843,120$945,613
68$963,463$870,685$844,414$992,817
69$1,033,938$885,550$844,903$1,041,122
70$1,110,725$900,268$844,533$1,093,154
71$1,194,441$914,803$843,247$1,149,275
72$1,285,765$929,119$840,987$1,209,882
73$1,385,443$943,175$837,689$1,275,415
74$1,494,296$956,929$833,290$1,346,358
75$1,613,230$970,335$827,721$1,423,246
76$1,743,240$983,342$820,911$1,506,666
77$1,885,424$995,899$812,784$1,597,270
78$2,040,988$1,007,948$803,263$1,695,772
79$2,211,262$1,019,431$792,266$1,802,962
80$2,397,709$1,030,282$779,706$1,919,711
81$2,601,943$1,040,433$765,493$2,046,981
82$2,825,738$1,049,811$749,534$2,185,828
83$3,071,050$1,058,339$731,730$2,337,423
84$3,340,032$1,065,932$711,977$2,503,052
85$3,635,055$1,072,503$690,169$2,684,136
86$3,958,733$1,077,957$666,192$2,882,241
87$4,313,942$1,082,196$639,927$3,099,095
88$4,703,852$1,085,111$611,253$3,336,602
89$5,131,955$1,086,591$580,040$3,596,863
90$5,602,095$1,086,516$546,152$3,882,194
91$6,118,511$1,084,757$509,450$4,195,148
92$6,685,868$1,081,179$469,786$4,538,544
93$7,309,309$1,075,639$427,006$4,915,485
94$7,994,497$1,067,984$380,950$5,329,397
95$8,747,674$1,058,053$331,449$5,784,055
96$9,575,713$1,045,674$278,329$6,283,623
97$10,486,189$1,030,665$221,406$6,832,691
98$11,487,447$1,012,835$160,490$7,436,322
99$12,588,680$991,978$95,380$8,100,095
100$13,800,019$967,878$25,869$8,830,165