Can I retire at age 67 with 813,000?

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 $813,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$67,137$66,539$65,955$65,386$64,830$64,287
2 years$33,236$32,617$32,017$31,435$30,871$30,324
3 years$21,937$21,316$20,717$20,141$19,586$19,051
4 years$16,289$15,669$15,077$14,510$13,969$13,451
5 years$12,901$12,285$11,700$11,145$10,619$10,119
6 years$10,643$10,032$9,456$8,913$8,402$7,922
7 years$9,031$8,424$7,858$7,328$6,833$6,372
8 years$7,822$7,221$6,664$6,147$5,669$5,227
9 years$6,883$6,287$5,740$5,236$4,774$4,351
10 years$6,131$5,542$5,004$4,514$4,068$3,663
11 years$5,517$4,934$4,405$3,928$3,498$3,112
12 years$5,006$4,428$3,910$3,446$3,032$2,664
13 years$4,573$4,002$3,493$3,042$2,644$2,294
14 years$4,203$3,638$3,138$2,700$2,317$1,985
15 years$3,882$3,323$2,834$2,408$2,040$1,724
16 years$3,602$3,049$2,569$2,156$1,803$1,504
17 years$3,355$2,808$2,338$1,937$1,599$1,315
18 years$3,135$2,595$2,134$1,746$1,422$1,153
19 years$2,939$2,405$1,954$1,578$1,267$1,013
20 years$2,763$2,234$1,793$1,429$1,132$892
21 years$2,604$2,081$1,649$1,297$1,013$787
22 years$2,459$1,943$1,520$1,179$908$695
23 years$2,328$1,817$1,403$1,074$815$615
24 years$2,207$1,703$1,298$979$733$544
25 years$2,096$1,598$1,202$894$659$482
26 years$1,994$1,502$1,115$818$594$428
27 years$1,900$1,413$1,035$749$535$380
28 years$1,812$1,332$962$686$483$337
29 years$1,731$1,256$896$629$436$300
30 years$1,655$1,186$834$577$394$266
31 years$1,584$1,122$778$530$356$237
32 years$1,518$1,061$726$487$322$211
33 years$1,456$1,005$678$448$292$188
34 years$1,398$952$633$412$264$167
35 years$1,343$903$592$379$239$149
36 years$1,291$857$554$349$217$133
37 years$1,242$814$518$322$196$118
38 years$1,196$774$485$297$178$105
39 years$1,153$736$455$274$161$94
40 years$1,111$700$426$252$146$84
41 years$1,072$667$400$233$133$75
42 years$1,035$635$375$215$121$67
43 years$1,000$605$352$198$109$59
44 years$966$577$330$183$99$53
45 years$934$550$310$169$90$47
46 years$903$524$291$156$82$42
47 years$874$500$274$144$74$38
48 years$846$478$257$133$68$34
49 years$819$456$242$123$61$30
50 years$794$436$227$114$56$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $813,000, adding $5,202 every year, while hoping to spend $36,949 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: 46/29/25 Blend
66$813,000$813,000$813,000$813,000
67$901,292$858,203$845,601$936,066
68$953,910$860,941$834,616$963,839
69$1,010,657$862,576$822,023$989,935
70$1,071,915$863,013$807,732$1,017,517
71$1,138,104$862,153$791,644$1,046,743
72$1,209,684$859,893$773,658$1,077,788
73$1,287,164$856,120$753,668$1,110,849
74$1,371,101$850,716$731,562$1,146,143
75$1,462,107$843,555$707,223$1,183,913
76$1,560,858$834,505$680,531$1,224,429
77$1,668,094$823,425$651,358$1,267,991
78$1,784,631$810,164$619,570$1,314,933
79$1,911,367$794,565$585,028$1,365,625
80$2,049,287$776,459$547,587$1,420,479
81$2,199,479$755,670$507,096$1,479,952
82$2,363,136$732,009$463,395$1,544,553
83$2,541,575$705,277$416,318$1,614,845
84$2,736,243$675,262$365,691$1,691,452
85$2,948,734$641,744$311,335$1,775,068
86$3,180,800$604,484$253,060$1,866,461
87$3,434,372$563,235$190,669$1,966,483
88$3,711,577$517,732$123,955$2,076,079
89$4,014,753$467,697$52,703$2,196,295
90$4,346,479$412,835$0$2,328,289
91$4,709,590$352,834$0$2,479,568
92$5,107,212$287,366$0$2,660,737
93$5,542,784$216,084$0$2,859,360
94$6,020,096$138,620$0$3,077,246
95$6,543,319$54,586$0$3,316,391
96$7,117,051$0$0$3,578,999
97$7,746,352$0$0$3,879,130
98$8,436,797$0$0$4,227,630
99$9,194,528$0$0$4,610,191
100$10,026,309$0$0$5,030,240