Can I retire at age 67 with 819,000?

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 $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%12.5%
1 years$67,632$67,030$66,442$65,868$65,308$64,626
2 years$33,481$32,858$32,253$31,667$31,099$30,412
3 years$22,099$21,473$20,870$20,290$19,731$19,060
4 years$16,409$15,785$15,188$14,618$14,072$13,423
5 years$12,996$12,376$11,787$11,228$10,697$10,072
6 years$10,721$10,106$9,525$8,979$8,464$7,864
7 years$9,097$8,487$7,916$7,382$6,884$6,308
8 years$7,880$7,275$6,713$6,193$5,711$5,159
9 years$6,933$6,334$5,782$5,275$4,809$4,282
10 years$6,177$5,583$5,041$4,547$4,098$3,595
11 years$5,558$4,970$4,438$3,957$3,524$3,045
12 years$5,043$4,461$3,938$3,471$3,054$2,598
13 years$4,607$4,031$3,519$3,064$2,663$2,229
14 years$4,234$3,664$3,162$2,720$2,335$1,923
15 years$3,911$3,348$2,855$2,426$2,055$1,665
16 years$3,628$3,071$2,588$2,172$1,817$1,447
17 years$3,380$2,829$2,355$1,952$1,611$1,261
18 years$3,159$2,614$2,150$1,759$1,432$1,102
19 years$2,961$2,422$1,968$1,589$1,277$965
20 years$2,784$2,251$1,806$1,439$1,140$846
21 years$2,623$2,097$1,661$1,306$1,020$744
22 years$2,477$1,957$1,531$1,188$915$654
23 years$2,345$1,831$1,414$1,082$821$576
24 years$2,223$1,715$1,308$987$738$508
25 years$2,112$1,610$1,211$901$664$449
26 years$2,009$1,513$1,123$824$598$396
27 years$1,914$1,424$1,043$754$539$350
28 years$1,825$1,341$970$691$487$310
29 years$1,743$1,266$902$634$439$274
30 years$1,667$1,195$840$581$397$243
31 years$1,596$1,130$783$534$359$215
32 years$1,529$1,069$731$491$325$191
33 years$1,467$1,012$683$451$294$169
34 years$1,408$960$638$415$266$150
35 years$1,353$910$596$382$241$133
36 years$1,301$864$558$352$218$118
37 years$1,252$820$522$324$198$105
38 years$1,205$780$489$299$179$93
39 years$1,161$741$458$276$163$83
40 years$1,120$705$429$254$148$73
41 years$1,080$671$403$235$134$65
42 years$1,043$639$378$216$121$58
43 years$1,007$609$354$200$110$51
44 years$973$581$333$185$100$46
45 years$941$554$312$170$91$41
46 years$910$528$293$157$82$36
47 years$880$504$276$145$75$32
48 years$852$481$259$134$68$28
49 years$825$460$243$124$62$25
50 years$800$439$229$115$56$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $819,000, adding $4,159 every year, while hoping to spend $22,411 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: 61/14/25 Blend
66$819,000$819,000$819,000$819,000
67$906,828$863,421$850,727$955,864
68$975,479$881,884$855,381$1,008,106
69$1,050,382$900,500$859,440$1,062,298
70$1,132,150$919,253$862,860$1,120,962
71$1,221,459$938,126$865,596$1,184,538
72$1,319,053$957,100$867,598$1,253,510
73$1,425,752$976,153$868,818$1,328,414
74$1,542,456$995,262$869,201$1,409,839
75$1,670,160$1,014,403$868,693$1,498,434
76$1,809,956$1,033,549$867,234$1,594,915
77$1,963,049$1,052,670$864,764$1,700,071
78$2,130,765$1,071,735$861,218$1,814,773
79$2,314,563$1,090,711$856,529$1,939,981
80$2,516,052$1,109,559$850,626$2,076,750
81$2,737,003$1,128,241$843,436$2,226,249
82$2,979,367$1,146,715$834,881$2,389,760
83$3,245,293$1,164,934$824,879$2,568,702
84$3,537,147$1,182,850$813,347$2,764,636
85$3,857,536$1,200,410$800,195$2,979,285
86$4,209,333$1,217,558$785,329$3,214,545
87$4,595,700$1,234,234$768,653$3,472,511
88$5,020,123$1,250,372$750,064$3,755,488
89$5,486,440$1,265,905$729,455$4,066,021
90$5,998,880$1,280,758$706,716$4,406,911
91$6,562,104$1,294,853$681,729$4,781,250
92$7,181,243$1,308,106$654,371$5,192,445
93$7,861,954$1,320,427$624,517$5,644,250
94$8,610,466$1,331,720$592,031$6,140,806
95$9,433,644$1,341,885$556,774$6,686,677
96$10,339,051$1,350,813$518,601$7,286,892
97$11,335,019$1,358,388$477,360$7,946,997
98$12,430,730$1,364,488$432,890$8,673,105
99$13,636,299$1,368,982$385,026$9,471,953
100$14,962,871$1,371,732$333,594$10,350,969