Can I retire at age 67 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$67,550$66,948$66,361$65,788$65,228$64,467
2 years$33,440$32,818$32,214$31,629$31,061$30,295
3 years$22,072$21,447$20,845$20,265$19,706$18,959
4 years$16,389$15,766$15,170$14,600$14,055$13,332
5 years$12,980$12,360$11,772$11,214$10,684$9,988
6 years$10,708$10,093$9,514$8,968$8,454$7,785
7 years$9,086$8,476$7,906$7,373$6,875$6,234
8 years$7,870$7,266$6,705$6,185$5,704$5,090
9 years$6,925$6,326$5,775$5,268$4,803$4,218
10 years$6,169$5,576$5,035$4,541$4,093$3,534
11 years$5,551$4,964$4,432$3,952$3,520$2,988
12 years$5,036$4,456$3,934$3,467$3,050$2,544
13 years$4,601$4,027$3,514$3,061$2,660$2,179
14 years$4,229$3,660$3,158$2,717$2,332$1,876
15 years$3,906$3,343$2,851$2,423$2,053$1,621
16 years$3,624$3,068$2,585$2,169$1,814$1,406
17 years$3,375$2,825$2,352$1,949$1,609$1,223
18 years$3,155$2,611$2,147$1,757$1,430$1,066
19 years$2,957$2,419$1,966$1,587$1,275$931
20 years$2,780$2,248$1,804$1,438$1,139$815
21 years$2,620$2,094$1,659$1,305$1,019$715
22 years$2,474$1,955$1,529$1,186$914$627
23 years$2,342$1,828$1,412$1,080$820$551
24 years$2,220$1,713$1,306$985$737$485
25 years$2,109$1,608$1,210$900$663$427
26 years$2,006$1,511$1,122$823$597$377
27 years$1,911$1,422$1,042$753$539$332
28 years$1,823$1,340$968$690$486$293
29 years$1,741$1,264$901$633$439$259
30 years$1,665$1,194$839$581$397$229
31 years$1,594$1,128$783$533$359$202
32 years$1,527$1,068$730$490$324$179
33 years$1,465$1,011$682$451$293$158
34 years$1,406$958$637$415$266$140
35 years$1,351$909$596$382$241$124
36 years$1,299$863$557$352$218$109
37 years$1,250$819$521$324$198$97
38 years$1,204$779$488$299$179$86
39 years$1,160$741$457$275$162$76
40 years$1,118$705$429$254$147$67
41 years$1,079$671$402$234$134$60
42 years$1,041$639$377$216$121$53
43 years$1,006$609$354$200$110$47
44 years$972$580$332$184$100$41
45 years$940$553$312$170$91$37
46 years$909$528$293$157$82$33
47 years$879$504$275$145$75$29
48 years$851$481$259$134$68$26
49 years$824$459$243$124$62$23
50 years$799$439$229$115$56$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $818,000, adding $3,628 every year, while hoping to spend $28,149 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: 67/24/9 Blend
66$818,000$818,000$818,000$818,000
67$905,178$861,824$849,145$963,974
68$967,556$874,103$847,641$1,015,782
69$1,035,353$886,041$845,144$1,068,691
70$1,109,092$897,590$841,589$1,125,793
71$1,189,349$908,701$836,911$1,187,496
72$1,276,756$919,321$831,042$1,254,246
73$1,372,011$929,394$823,908$1,326,538
74$1,475,881$938,858$815,433$1,404,915
75$1,589,208$947,650$805,537$1,489,976
76$1,712,923$955,700$794,138$1,582,384
77$1,848,048$962,936$781,148$1,682,866
78$1,995,708$969,279$766,476$1,792,225
79$2,157,143$974,647$750,026$1,911,347
80$2,333,717$978,950$731,698$2,041,208
81$2,526,933$982,096$711,386$2,182,883
82$2,738,445$983,983$688,983$2,337,560
83$2,970,075$984,507$664,372$2,506,545
84$3,223,829$983,554$637,435$2,691,281
85$3,501,917$981,005$608,046$2,893,358
86$3,806,770$976,733$576,074$3,114,527
87$4,141,070$970,602$541,382$3,356,721
88$4,507,769$962,471$503,827$3,622,070
89$4,910,115$952,186$463,260$3,912,922
90$5,351,692$939,588$419,524$4,231,866
91$5,836,443$924,507$372,457$4,581,758
92$6,368,714$906,761$321,887$4,965,743
93$6,953,290$886,159$267,638$5,387,291
94$7,595,444$862,500$209,522$5,850,227
95$8,300,985$835,568$147,347$6,358,769
96$9,076,312$805,137$80,909$6,917,563
97$9,928,473$770,966$9,997$7,531,736
98$10,865,236$732,802$0$8,206,938
99$11,895,157$690,376$0$8,955,704
100$13,027,662$643,403$0$9,780,027