Can I retire at age 67 with 819,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $819,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$67,632$67,030$66,442$65,868$65,308$64,121
2 years$33,481$32,858$32,253$31,667$31,099$29,907
3 years$22,099$21,473$20,870$20,290$19,731$18,571
4 years$16,409$15,785$15,188$14,618$14,072$12,954
5 years$12,996$12,376$11,787$11,228$10,697$9,624
6 years$10,721$10,106$9,525$8,979$8,464$7,437
7 years$9,097$8,487$7,916$7,382$6,884$5,902
8 years$7,880$7,275$6,713$6,193$5,711$4,775
9 years$6,933$6,334$5,782$5,275$4,809$3,919
10 years$6,177$5,583$5,041$4,547$4,098$3,252
11 years$5,558$4,970$4,438$3,957$3,524$2,722
12 years$5,043$4,461$3,938$3,471$3,054$2,294
13 years$4,607$4,031$3,519$3,064$2,663$1,945
14 years$4,234$3,664$3,162$2,720$2,335$1,656
15 years$3,911$3,348$2,855$2,426$2,055$1,416
16 years$3,628$3,071$2,588$2,172$1,817$1,214
17 years$3,380$2,829$2,355$1,952$1,611$1,044
18 years$3,159$2,614$2,150$1,759$1,432$900
19 years$2,961$2,422$1,968$1,589$1,277$777
20 years$2,784$2,251$1,806$1,439$1,140$672
21 years$2,623$2,097$1,661$1,306$1,020$582
22 years$2,477$1,957$1,531$1,188$915$505
23 years$2,345$1,831$1,414$1,082$821$438
24 years$2,223$1,715$1,308$987$738$381
25 years$2,112$1,610$1,211$901$664$331
26 years$2,009$1,513$1,123$824$598$288
27 years$1,914$1,424$1,043$754$539$251
28 years$1,825$1,341$970$691$487$219
29 years$1,743$1,266$902$634$439$190
30 years$1,667$1,195$840$581$397$166
31 years$1,596$1,130$783$534$359$145
32 years$1,529$1,069$731$491$325$126
33 years$1,467$1,012$683$451$294$110
34 years$1,408$960$638$415$266$96
35 years$1,353$910$596$382$241$84
36 years$1,301$864$558$352$218$73
37 years$1,252$820$522$324$198$64
38 years$1,205$780$489$299$179$56
39 years$1,161$741$458$276$163$49
40 years$1,120$705$429$254$148$43
41 years$1,080$671$403$235$134$37
42 years$1,043$639$378$216$121$33
43 years$1,007$609$354$200$110$28
44 years$973$581$333$185$100$25
45 years$941$554$312$170$91$22
46 years$910$528$293$157$82$19
47 years$880$504$276$145$75$17
48 years$852$481$259$134$68$15
49 years$825$460$243$124$62$13
50 years$800$439$229$115$56$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $819,000, adding $3,482 every year, while hoping to spend $33,376 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: 28/46/26 Blend
66$819,000$819,000$819,000$819,000
67$906,130$862,723$850,028$924,090
68$963,043$869,484$842,992$945,362
69$1,024,643$875,459$834,602$965,064
70$1,091,372$880,572$824,777$985,551
71$1,163,718$884,745$813,433$1,006,910
72$1,242,215$887,896$800,480$1,029,245
73$1,327,452$889,934$785,828$1,052,667
74$1,420,078$890,766$769,378$1,077,307
75$1,520,803$890,291$751,030$1,103,308
76$1,630,413$888,403$730,678$1,130,833
77$1,749,770$884,989$708,210$1,160,063
78$1,879,822$879,929$683,510$1,191,201
79$2,021,614$873,096$656,458$1,224,477
80$2,176,295$864,355$626,926$1,260,146
81$2,345,131$853,562$594,782$1,298,494
82$2,529,514$840,566$559,887$1,339,839
83$2,730,977$825,206$522,096$1,384,540
84$2,951,208$807,313$481,257$1,432,993
85$3,192,065$786,706$437,214$1,485,643
86$3,455,595$763,193$389,799$1,542,984
87$3,744,050$736,574$338,842$1,605,569
88$4,059,910$706,633$284,160$1,674,011
89$4,405,909$673,146$225,567$1,748,993
90$4,785,053$635,872$162,866$1,831,276
91$5,200,658$594,559$95,851$1,921,704
92$5,656,371$548,938$24,308$2,021,217
93$6,156,212$498,727$0$2,130,859
94$6,704,608$443,627$0$2,266,226
95$7,306,435$383,322$0$2,422,303
96$7,967,064$317,477$0$2,593,834
97$8,692,411$245,740$0$2,782,474
98$9,488,994$167,739$0$2,990,055
99$10,363,992$83,078$0$3,218,600
100$11,325,314$0$0$3,470,349